Hidden Valley Music Seminars

Analysis

Hidden Valley Music Seminars is a registered charity in United States, based in Carmel Valley, CA. It received its IRS tax-exemption ruling in March 1965, 61 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Hidden Valley Music Seminars reported income of $1.4m and spending of $1.2m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.4m (+13%), an average of +3.1% a year. The sharpest change came in the year to September 2021, when income rose by 123%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hidden Valley Music Seminars sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Boca Ballet Theatre Company ($1.4m), Stark County Historical Society ($1.4m) and Rehoboth Art League Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 78% of the total. Other salaries and wages came to $279k. It paid $135 in professional fundraising fees. At year end it held assets of $3.2m against liabilities of $339k, net assets of $2.9m. It reported 34 employees.