Son of Semele Ensemble Inc

Analysis

Son of Semele Ensemble Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2002, 24 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 December 2023, Son of Semele Ensemble Inc reported income of $52k and spending of $20k, leaving 62% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $83k to $52k (-37%), an average of -8.9% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Son of Semele Ensemble Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Art Reach Educational Theatre ($52k), Pakistan Independence Day Parade & Fair Committee Inc ($52k) and Zeuss Thigh Ltd ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.