Pandion Music Foundation Inc

Analysis

Pandion Music Foundation Inc is a registered charity in United States, based in Woodland Hills, CA. 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, Pandion Music Foundation Inc reported income of $207k and spending of $207k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $207k (+12%), an average of +12% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pandion Music Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Victorian Lyric Opera Company ($207k), Land Cle ($207k) and Association of Midwest Museums ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $34k (16% of expenses). At year end it held assets of $43k against liabilities of $0, net assets of $43k.