Concordia Music Conservatory Inc

Analysis

Concordia Music Conservatory Inc is a registered charity in United States, based in Concordia, MO. It received its IRS tax-exemption ruling in May 2023, 3 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 2024, Concordia Music Conservatory Inc reported income of $94k and spending of $44k, leaving 53% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $91k to $94k (+3.1%), an average of +3.1% a year. Over the whole period it spent 43% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Concordia Music Conservatory Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within MO. Charities of a similar size with the same main cause include Solo Opera ($94k), Tompkins Corners Cultural Center Inc ($94k) and Cumberland Community Events Center ($94k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.