Rochester Philharmonic Orchestra Fund Inc

Analysis

Rochester Philharmonic Orchestra Fund Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in January 1977, 49 years ago. 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 2024, Rochester Philharmonic Orchestra Fund Inc reported income of $877k and spending of $589k, leaving 33% of income unspent that year. Across the 6 years on record, from August 2019 to June 2024, income fell from $1.1m to $877k (-24%), an average of -5.2% a year. The sharpest change came in the year to August 2021, when income dropped by 55%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rochester Philharmonic Orchestra Fund Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Wee Wisdom Day Care Center ($877k), John S Mulholland Family Foundation Inc ($878k) and Kay County Council for the Opportunity Center Inc ($877k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% of the total. At year end it held assets of $14.4m against liabilities of $1,300, net assets of $14.4m.