Cascadia Methow Music Association

Analysis

Cascadia Methow Music Association is a registered charity in United States, based in Twisp, WA. It received its IRS tax-exemption ruling in August 1992, 34 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, Cascadia Methow Music Association reported income of $94k and spending of $98k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $94k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cascadia Methow Music Association sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within WA. Charities of a similar size with the same main cause include Sycamore Education Foundation ($94k), The Christian Overcomers ($94k) and FCL Educational Fund ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 16% of the total. At year end it held assets of $147k against liabilities of $1,023, net assets of $146k.