Livermore Amador Symphony Association

Analysis

Livermore Amador Symphony Association is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in August 1969, 57 years ago. 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, Livermore Amador Symphony Association reported income of $114k and spending of $158k, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $116k to $114k (-1.4%), an average of -0.3% a year. The sharpest change came in the year to June 2022, when income rose by 168%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Livermore Amador Symphony Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Commission Ministries Inc ($114k), United States Army Ranger Association Inc ($114k) and Cleave Non-Profit Housing Corporation ($114k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 36% of the total. At year end it held assets of $371k against liabilities of $3,985, net assets of $367k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.