Huntsville Symphony Orchestra Guild Inc

Analysis

Huntsville Symphony Orchestra Guild Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in November 1972, 54 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Huntsville Symphony Orchestra Guild Inc reported income of $281k and spending of $429k, spending 153% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $420k to $281k (-33%), an average of -9.6% a year. The sharpest change came in the year to May 2022, when income rose by 66%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Huntsville Symphony Orchestra Guild Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within AL. Charities of a similar size with the same main cause include Arawaka Inc ($281k), National Organization for Arts in Health ($281k) and Bach Society of Minnesota ($281k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $359k against liabilities of $27k, net assets of $332k.