DEMOGRAPHIC
ADDRESS
160 LEXINGTON ST
02478
COUNTY
middlesex county, MA
ORGANIZATIONAL OVERVIEW & RANKINGS
POWERS MUSIC SCHOOL INC is a based in BELMONT, MA, focused on Arts, Culture and Humanities causes . Established in May 1976, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $3,968,190.00, this ranks 103,543 among 2,656,690 nonprofits nationally (Top 4%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 3,906 out of 58,562 organizations in MA (Top 7%).
In middlesex county, MA, the organization ranks 838 out of 14,370 nonprofits by assets (Top 6%), while locally in belmont, it stands at 13 among 312 organizations (Top 4%).
The organization reported annual revenue of $2,157,104.00, ranking 81,316 nationally (Top 4%) and 2,771 in MA (Top 5%).
Within its specific NTEE classification (A6E0 - A: Arts, Culture and Humanities), which includes 240 similar organizations, POWERS MUSIC SCHOOL INC ranks 56 in assets (Top 19%) and 51 in revenue (Top 17%).
The organization files a 990 (all other) or 990EZ return and operates on a July fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Cultural performances
Other instruction and training
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
N/A
FOUNDATION CODE
11: School 170(b)(1)(A)(ii)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
08/2023
ACCOUNTING PERIOD
08
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$2,679,638.00
FORM 990 REVENUE AMOUNT
$2,157,104.00
RULING DATE
05/1976
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$3,968,190.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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