Symphony of Westchesters Inc

Analysis

Symphony of Westchesters Inc is a registered charity in United States, based in New Rochelle, NY. It received its IRS tax-exemption ruling in June 1996, 30 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 2023, Symphony of Westchesters Inc reported income of $126k and spending of $109k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $126k (+15%), an average of +15% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Symphony of Westchesters Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Spicewood Arts Society ($126k), Lyrical Opera Theater ($126k) and Nebraska Firefighters Foundations ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $28k against liabilities of $168k, net assets of -$139k.