Grand Junction Symphony Foundation Inc

Analysis

Grand Junction Symphony Foundation Inc is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in September 2006, 20 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Grand Junction Symphony Foundation Inc reported income of $192k and spending of $80k, leaving 58% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $138k to $192k (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 607%. Over the whole period it spent 23% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grand Junction Symphony Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within CO. Charities of a similar size with the same main cause include Theatre Arts Guild ($192k), Costume Connection ($192k) and The Canton-Madison County Historical Society ($192k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $2.0m against liabilities of $20k, net assets of $2.0m.