The Crowden Music Center

Analysis

The Crowden Music Center is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in May 1983, 43 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Crowden Music Center reported income of $3.8m and spending of $4.7m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $3.8m (+6.7%), an average of +1.6% a year. The sharpest change came in the year to June 2020, when income rose by 284%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Crowden Music Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Autism Services Inc ($3.8m), The United Way of Lackawanna Wayne and Pike Counties ($3.8m) and The Wish Project Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $515k (11% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $12.4m against liabilities of $1.4m, net assets of $11.0m. It reported 138 employees.