Newark-Granville Symphony Orchestra Inc

Analysis

Newark-Granville Symphony Orchestra Inc is a registered charity in United States, based in Granville, OH. It received its IRS tax-exemption ruling in June 2005, 21 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, Newark-Granville Symphony Orchestra Inc reported income of $277k and spending of $315k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $168k to $277k (+65%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 21%. 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, Newark-Granville Symphony Orchestra Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Tba Theatre Inc ($277k), Moon & Stars Foundation ($277k) and Monroe County Heritage Museum Inc ($277k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 11% of the total. At year end it held assets of $284k against liabilities of $395, net assets of $284k.