Naumburg Orchestral Conc

Analysis

Naumburg Orchestral Conc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1956, 70 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 December 2023, Naumburg Orchestral Conc reported income of $499k and spending of $333k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $499k (+63%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 468%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Naumburg Orchestral Conc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include N-Star Events Inc ($499k), Stamford Cross Road Residences Inc ($499k) and American Friends of Our Armed Forces ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $20k (6.0% of expenses). At year end it held assets of $7.9m against liabilities of $42k, net assets of $7.8m. It reported 1 employees.