Cayuga Chamber Orchestra Inc

Analysis

Cayuga Chamber Orchestra Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in October 1981, 45 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, Cayuga Chamber Orchestra Inc reported income of $309k and spending of $343k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $289k to $309k (+6.8%), an average of +1.6% a year. The sharpest change came in the year to June 2021, when income rose by 203%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cayuga Chamber Orchestra Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Keweenaw County Historical Society ($309k), Twelve Gates Arts ($309k) and Telugu Literary and Cultural Association ($309k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $68k (20% of expenses). Other salaries and wages came to $13k. At year end it held assets of $879k against liabilities of $23k, net assets of $857k. It reported 3 employees.