Early Music Guild of Seattle

Analysis

Early Music Guild of Seattle is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 1978, 48 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Early Music Guild of Seattle reported income of $451k and spending of $518k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $554k to $451k (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Early Music Guild of Seattle sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Tulsa Juneteenth Inc ($451k), African Heritage Inc ($451k) and House of Miles East St Louis ($451k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $56k (11% of expenses). Other salaries and wages came to $111k. At year end it held assets of $422k against liabilities of $138k, net assets of $284k. It reported 4 employees.