Williamson County Symphony Orchestra Society

Analysis

Williamson County Symphony Orchestra Society is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in April 2003, 23 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 2023, Williamson County Symphony Orchestra Society reported income of $148k and spending of $146k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $124k to $148k (+19%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Williamson County Symphony Orchestra Society sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include The Heritage Museum and Cultural Center ($148k), Texas Youth Ballet ($148k) and Institute for Workforce Advancement ($148k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $175k against liabilities of $2,736, net assets of $173k.