Association for Music and Imagery Inc

Analysis

Association for Music and Imagery Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Association for Music and Imagery Inc reported income of $83k and spending of $101k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $83k (+102%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association for Music and Imagery Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($83k), Hope Christian School Foundation ($83k) and Tolar Education Foundation ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 58% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.