Mill Valley Philharmonic

Analysis

Mill Valley Philharmonic is a registered charity in United States, based in Mill Valley, CA. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mill Valley Philharmonic reported income of $104k and spending of $101k, spending 98% of its income. Across the 3 years on record, from June 2020 to June 2024, income grew from $89k to $104k (+17%), an average of +8.2% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mill Valley Philharmonic sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Association of Population Centers ($104k), Mid-Columbia Musical Theatre ($104k) and Zephyr Education Foundation ($104k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 14% of the total. At year end it held assets of $109k against liabilities of $8,500, net assets of $101k.