Seacoast Community Chamber Orchestra

Analysis

Seacoast Community Chamber Orchestra is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, Seacoast Community Chamber Orchestra reported income of $203k and spending of $285k, spending 141% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $368k to $203k (-45%), an average of -18% a year. The sharpest change came in the year to June 2020, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seacoast Community Chamber Orchestra sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within NH. Charities of a similar size with the same main cause include Rochester and Genesee Valley Railroad Museum ($203k), Childrens Literature Association ($203k) and Illinois Firefighter Memorial Foundation ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $11k. At year end it held assets of $140k against liabilities of $6,938, net assets of $133k.