Dow Street Community Music School

Analysis

Dow Street Community Music School is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dow Street Community Music School reported income of $93k and spending of $62k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $93k (-3.3%), an average of -3.3% a year. Over the whole period it spent 35% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dow Street Community Music School sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Motor City Lyric Opera ($93k), Coastal Communities Concert Band Foundation ($93k) and Freshed ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.