Lakes Region Symphony Orchestra
Analysis
Lakes Region Symphony Orchestra is a registered charity in United States, based in Meredith, NH. It received its IRS tax-exemption ruling in November 1993, 33 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 June 2024, Lakes Region Symphony Orchestra reported income of $136k and spending of $90k, leaving 34% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $110k to $136k (+24%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 71% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lakes Region Symphony Orchestra sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within NH. Charities of a similar size with the same main cause include El Toro Foundation ($136k), Commission on Cemetery Preservation ($136k) and Academy of Medicine Jacksonville Florida Inc ($136k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Program services 60%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| El Toro Foundation | Yuma | $136k |
| Commission on Cemetery Preservation | Cleveland | $136k |
| Academy of Medicine Jacksonville Florida Inc | Jacksonville | $136k |
| Lincoln Haymarket Development Corp | Lincoln | $136k |