Wallingford Symphony Society Inc

Analysis

Wallingford Symphony Society Inc is a registered charity in United States, based in Wallingford, CT. It received its IRS tax-exemption ruling in January 2000, 26 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 (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, Wallingford Symphony Society Inc reported income of $126k and spending of $111k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $90k to $126k (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2022, when income rose by 382%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wallingford Symphony Society Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include Molokai Arts Center Inc ($126k), Listening Point Foundation Inc ($126k) and Limelight Performing Arts ($126k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.