Kern County Musical Association

Analysis

Kern County Musical Association is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in January 1942, 84 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 June 2024, Kern County Musical Association reported income of $65k and spending of $74k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $65k to $65k (-0.5%), an average of -0.5% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kern County Musical Association sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($65k), Chartiers Valley Soccer Association ($65k) and Urban Harvest Ministries Inc ($65k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 29% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.