Farmington Valley Symphony Orchestra Inc

Analysis

Farmington Valley Symphony Orchestra Inc is a registered charity in United States, based in Farmington, CT. It received its IRS tax-exemption ruling in October 1993, 33 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 July 2024, Farmington Valley Symphony Orchestra Inc reported income of $73k and spending of $61k, spending 84% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $61k to $73k (+19%), an average of +19% a year. The sharpest change came in the year to July 2024, when income rose by 19%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Farmington Valley Symphony Orchestra Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within CT. Charities of a similar size with the same main cause include Oregon Women Lawyers Foundation ($73k), PTA Oregon Congress ($73k) and Houston Scottish Rite Learning Center Inc ($73k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 61% and program service revenue 29% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.