American Society of Music Arrangers and Composers

Analysis

American Society of Music Arrangers and Composers is a registered charity in United States, based in Studio City, CA. It received its IRS tax-exemption ruling in September 1981, 45 years ago. 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, American Society of Music Arrangers and Composers reported income of $59k and spending of $35k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $59k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Society of Music Arrangers and Composers sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Gilbert Hart Library Association ($59k), North American Mycological Assn ($59k) and Meals on Wheels Association Marion Area ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.