Amherst Symphony Orchestra Association Inc

Analysis

Amherst Symphony Orchestra Association Inc is a registered charity in United States, based in Williamsville, NY. It received its IRS tax-exemption ruling in December 1951, 75 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 May 2023, Amherst Symphony Orchestra Association Inc reported income of $137k and spending of $133k, spending 97% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $80k to $137k (+72%), an average of +20% a year. The sharpest change came in the year to May 2023, when income rose by 91%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amherst Symphony Orchestra Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Eau Claire Confluence Foundation Inc ($137k), Kensington Theatre Company ($137k) and Roundtable of Chinese American Organizations ($137k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $198k against liabilities of $15k, net assets of $182k.