Orchestra 2001 Incorporated

Analysis

Orchestra 2001 Incorporated is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1989, 37 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 August 2023, Orchestra 2001 Incorporated reported income of $161k and spending of $250k, spending 155% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $259k to $161k (-38%), an average of -11% a year. The sharpest change came in the year to August 2022, when income rose by 144%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Orchestra 2001 Incorporated sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Americana Festival Inc ($161k), Florida Puerto Rican Parade Inc ($161k) and Inspire Heart Inc ($161k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 93% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $78k (31% of expenses). Other salaries and wages came to $45k. At year end it held assets of $213k against liabilities of $2,896, net assets of $210k. It reported 2 employees.