Pittsburgh Youth Concert Orchestra

Analysis

Pittsburgh Youth Concert Orchestra is a registered charity in United States, based in Wexford, PA. It received its IRS tax-exemption ruling in September 2008, 18 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 2024, Pittsburgh Youth Concert Orchestra reported income of $206k and spending of $192k, spending 93% of its income. Across the 4 years on record, from June 2019 to June 2024, income grew from $191k to $206k (+7.8%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pittsburgh Youth Concert Orchestra sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Tampa Caribbean Festival Inc ($206k), Grit and Grace Girls Inc ($206k) and Texas Accountants & Lawyers for the Arts ($206k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $84k (44% of expenses). Other salaries and wages came to $36k. It paid $2,559 in professional fundraising fees. At year end it held assets of $113k against liabilities of $0, net assets of $113k.