Music Works Northwest

Analysis

Music Works Northwest is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in December 1967, 59 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 September 2023, Music Works Northwest reported income of $854k and spending of $849k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.0m to $854k (-15%), an average of -4.0% a year. The sharpest change came in the year to September 2023, when income dropped by 20%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Music Works Northwest sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include Lead Guitar ($854k), Northeastern Nevada Historical Society ($855k) and Oakland Interfaith Gospel Choir Inc ($854k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Other salaries and wages came to $430k. At year end it held assets of $188k against liabilities of $115k, net assets of $73k. It reported 50 employees.