Orchestra Association of Northern New York Inc

Analysis

Orchestra Association of Northern New York Inc is a registered charity in United States, based in Potsdam, NY. It received its IRS tax-exemption ruling in May 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 June 2023, Orchestra Association of Northern New York Inc reported income of $298k and spending of $324k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $198k to $298k (+50%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Orchestra Association of Northern New York Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Richmond Museum Assn Inc ($298k), Orquesta Northwest ($298k) and Radio Port Townsend ($297k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $54k (17% of expenses). Other salaries and wages came to $37k. At year end it held assets of $379k against liabilities of $115k, net assets of $265k. It reported 4 employees.