South Arkansas Symphony Society

Analysis

South Arkansas Symphony Society is a registered charity in United States, based in El Dorado, AR. It received its IRS tax-exemption ruling in May 1971, 55 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 June 2023, South Arkansas Symphony Society reported income of $183k and spending of $213k, spending 116% of what it took in. Across the 2 years on record, from June 2019 to June 2023, income fell from $311k to $183k (-41%), an average of -41% a year. The sharpest change came in the year to June 2023, when income dropped by 41%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Arkansas Symphony Society sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within AR. Charities of a similar size with the same main cause include Colored Pencil Society of America ($183k), Eyes on Main Street Inc ($183k) and Salmon Brook Historical Society Incorporated ($183k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.