Wenatchee Valley Symphony Assoc Inc

Analysis

Wenatchee Valley Symphony Assoc Inc is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in May 1971, 55 years ago. 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 2023, Wenatchee Valley Symphony Assoc Inc reported income of $423k and spending of $260k, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $198k to $423k (+114%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 121%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wenatchee Valley Symphony Assoc Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include National Church Residences ($423k), Northwest Hub ($424k) and Helping Hand Preganancy Center of Sussex County Inc ($423k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. Other salaries and wages came to $42k. At year end it held assets of $501k against liabilities of $679, net assets of $501k. It reported 2 employees.