The Baroque Orchestra of New Jersey Inc

Analysis

The Baroque Orchestra of New Jersey Inc is a registered charity in United States, based in Madison, NJ. It received its IRS tax-exemption ruling in January 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Baroque Orchestra of New Jersey Inc reported income of $69k and spending of $72k, spending 104% of its income. Across the 3 years on record, from June 2021 to June 2024, income grew from $37k to $69k (+88%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Baroque Orchestra of New Jersey Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Marks Project Inc ($69k), Suffolk County Police Steuben Asscociation Inc ($69k) and Lucis Publishing Company ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.