Arrowbear Music Associates

Analysis

Arrowbear Music Associates is a registered charity in United States, based in Lakewood, CA. It received its IRS tax-exemption ruling in September 1980, 46 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 September 2024, Arrowbear Music Associates reported income of $119k and spending of $124k, spending 104% of its income. Across the 2 years on record, from September 2023 to September 2024, income grew from $77k to $119k (+56%), an average of +56% a year. The sharpest change came in the year to September 2024, when income rose by 56%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arrowbear Music Associates sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Westlake Hills Elementary School Parent Faculty Association ($119k), Parent Faculty Association of Red Oak Elementary School ($119k) and Addie L Barrett Trust ($119k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.