Choral Arts

Analysis

Choral Arts is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 1995, 31 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 2024, Choral Arts reported income of $144k and spending of $192k, spending 133% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $42k to $144k (+240%), an average of +84% a year. The sharpest change came in the year to June 2023, when income rose by 242%. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Choral Arts sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Collaborative Institute of Cultural Arts ($144k), Society for Mathematical Biology ($144k) and Riverviews ($144k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 32% of the total. At year end it held assets of $66k against liabilities of $800, net assets of $65k.