Music for Minors II

Analysis

Music for Minors II is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in January 1994, 32 years ago. 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 2024, Music for Minors II reported income of $80k and spending of $80k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $91k to $80k (-12%), an average of -12% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Music for Minors II sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Angel Food East Inc ($80k), PTA New York Congress ($80k) and Potsdam Junior Hockey Association Inc ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 47% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.