Villages Philharmonic

Analysis

Villages Philharmonic is a registered charity in United States, based in Oxford, FL. It received its IRS tax-exemption ruling in February 2011, 15 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, Villages Philharmonic reported income of $389k and spending of $403k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $406k to $389k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Villages Philharmonic sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Gilbert Theater ($389k), Kentucky Classic Arts at Centre Square Inc ($389k) and Arte Y Mana Inc ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $152k against liabilities of $450, net assets of $151k.