Dolce Suono Chamber Music Concert Series Inc

Analysis

Dolce Suono Chamber Music Concert Series Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2007, 19 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, Dolce Suono Chamber Music Concert Series Inc reported income of $224k and spending of $134k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $204k to $224k (+10%), an average of +2.4% a year. The sharpest change came in the year to June 2023, when income rose by 90%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dolce Suono Chamber Music Concert Series Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Rhode Island Childrens Chorus Inc ($224k), Gallery Route One ($224k) and Federation of Zacatecan Intl Benefit Organizations Inc ($224k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $72k (54% of expenses). At year end it held assets of $459k against liabilities of $2,940, net assets of $457k. It reported 1 employees.