Melody of China Inc

Analysis

Melody of China Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 2001, 25 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 December 2023, Melody of China Inc reported income of $116k and spending of $98k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $116k (+6.0%), an average of +6.0% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Melody of China Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Committee of One Hundred for the Pres of Spanish Col Arch in Bal ($116k), Eastlake Dance Company Booster Club ($116k) and Elin Pelin Foundation ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 55% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.