Concord Chamber Music Society Inc

Analysis

Concord Chamber Music Society Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in August 2002, 24 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 June 2023, Concord Chamber Music Society Inc reported income of $120k and spending of $139k, spending 116% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $97k to $120k (+25%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Concord Chamber Music Society Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Portland 5 Centers for the Arts Foundation ($120k), Dakota City Heritage Village Inc ($120k) and Jacques Marchais Center of Tibetan Arts Inc ($120k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.