Orchestra and Community Choral Artists of the Tahoe Area Inc

Analysis

Orchestra and Community Choral Artists of the Tahoe Area Inc is a registered charity in United States, based in Verdi, NV. It received its IRS tax-exemption ruling in May 2006, 20 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 December 2021, Orchestra and Community Choral Artists of the Tahoe Area Inc reported income of $322k and spending of $305k, spending 95% of its income. Across the 4 years on record, from December 2016 to December 2021, income grew from $191k to $322k (+69%), an average of +19% a year. The sharpest change came in the year to December 2019, when income rose by 80%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Orchestra and Community Choral Artists of the Tahoe Area Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within NV. Charities of a similar size with the same main cause include Maridon Museum ($322k), 48in48 Inc ($322k) and Walkers Point Center for the Arts ($322k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 84% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $117k (38% of expenses). Other salaries and wages came to $27k. At year end it held assets of $302k against liabilities of $12k, net assets of $289k. It reported 2 employees.