Fear No Music

Analysis

Fear No Music is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 1998, 28 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 2023, Fear No Music reported income of $142k and spending of $138k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $143k to $142k (-0.7%), an average of -0.7% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fear No Music 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 46th percentile within OR. Charities of a similar size with the same main cause include Joint Alumni Association of Chinese Universities in Northern Californi ($142k), New Mexico Geological Society Foundation Inc ($142k) and Carolina Dance Foundation ($142k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 4.7% of the total. At year end it held assets of $59k against liabilities of $4,672, net assets of $55k.