Livermore Music

Analysis

Livermore Music is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Livermore Music reported income of $151k and spending of $148k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $147k to $151k (+2.5%), an average of +2.5% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Livermore Music sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Footsteps Academy ($151k), Aidspirit USA ($151k) and Hopkins Band and Orchestra Boosters ($151k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.