Cambridge Symphony Orchestra Inc

Analysis

Cambridge Symphony Orchestra Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in July 1979, 47 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, Cambridge Symphony Orchestra Inc reported income of $97k and spending of $99k, spending 102% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $100k to $97k (-3.0%), an average of -1.5% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cambridge Symphony Orchestra Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Society of Health and Physical Educators ($97k), Bristol Library ($97k) and Sunshine Buttercup Farms ($97k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 59% of the total. Other salaries and wages came to $31k. It paid $672 in professional fundraising fees. At year end it held assets of $56k against liabilities of $0, net assets of $56k. It reported 1 employees.