West Valley Symphony Association

Analysis

West Valley Symphony Association is a registered charity in United States, based in Surprise, AZ. It received its IRS tax-exemption ruling in October 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, West Valley Symphony Association reported income of $296k and spending of $375k, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $568k to $296k (-48%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 120%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Valley Symphony Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within AZ. Charities of a similar size with the same main cause include Falls City Volunteer Fire Department ($296k), Cary Imp Club Incorporated ($296k) and International Sunday School Lessons Inc ($296k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. Other salaries and wages came to $172k. At year end it held assets of $1.9m against liabilities of $20k, net assets of $1.9m. It reported 148 employees.