Premier Lone Star Wind Orchestra

Analysis

Premier Lone Star Wind Orchestra is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 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 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, Premier Lone Star Wind Orchestra reported income of $355k and spending of $251k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $211k to $355k (+68%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 48%. 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, Premier Lone Star Wind Orchestra sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Atheist Community of Austin Inc ($355k), Louisiana Veterans Museum Foundation ($355k) and Arizona Quilters Guild ($355k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. Other salaries and wages came to $50k. It paid $3,100 in professional fundraising fees. At year end it held assets of $260k against liabilities of $17k, net assets of $243k. It reported 2 employees.