Pioneer Valley Symphony Inc

Analysis

Pioneer Valley Symphony Inc is a registered charity in United States, based in Greenfield, MA. It received its IRS tax-exemption ruling in January 1955, 71 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, Pioneer Valley Symphony Inc reported income of $275k and spending of $337k, spending 122% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $144k to $275k (+91%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 42%. 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, Pioneer Valley Symphony Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Compound LB ($275k), International Society for Quality- Of-Life Studies ($275k) and Asheville Music School Sound Education ($275k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $42k (13% of expenses). Other salaries and wages came to $97k. At year end it held assets of $116k against liabilities of $19k, net assets of $97k. It reported 5 employees.