Unitarian Universalist Musicians Network

Analysis

Unitarian Universalist Musicians Network is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Unitarian Universalist Musicians Network reported income of $99k and spending of $123k, spending 124% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $42k to $99k (+135%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 164%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Unitarian Universalist Musicians Network sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Huntsville Community Chorus Assoc ($99k), Powhatan Christmas Mother ($99k) and Sons of Confederate Veterans Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 92% of the total. At year end it held assets of $195k against liabilities of $12k, net assets of $183k.