The Little Orchestra Society- Orpheon Inc

Analysis

The Little Orchestra Society- Orpheon Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1971, 55 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Little Orchestra Society- Orpheon Inc reported income of $849k and spending of $1.0m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $849k (-35%), an average of -10% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Little Orchestra Society- Orpheon Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Art 180 Inc ($849k), Arbutus Foundation Inc ($849k) and Virginia Museum of Transportation Inc ($849k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $150k (15% of expenses). Other salaries and wages came to $181k. At year end it held assets of $264k against liabilities of $64k, net assets of $201k. It reported 9 employees.