Mill Valley Chamber Music Society

Analysis

Mill Valley Chamber Music Society is a registered charity in United States, based in Mill Valley, CA. It received its IRS tax-exemption ruling in February 1980, 46 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, Mill Valley Chamber Music Society reported income of $86k and spending of $58k, leaving 33% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $101k to $86k (-15%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 15%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mill Valley Chamber Music Society sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Friends of Shawano County Libraries Inc ($86k), White Mountain Expressive Arts ($86k) and Foundation of the Energy Law Journal ($86k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 46% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.