Blue Ridge Orchestra

Analysis

Blue Ridge Orchestra is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Blue Ridge Orchestra reported income of $103k and spending of $93k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $74k to $103k (+40%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blue Ridge Orchestra sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include New State Inc ($103k), Tampa Bay Area Committee on Foreign Relations Inc ($103k) and Sweet Adelines International ($103k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 30% of the total. At year end it held assets of $83k against liabilities of $629, net assets of $82k.