Omaha Symphonic Chorus

Analysis

Omaha Symphonic Chorus is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 1972, 54 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 May 2024, Omaha Symphonic Chorus reported income of $74k and spending of $61k, spending 82% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $64k to $74k (+16%), an average of +16% a year. The sharpest change came in the year to May 2024, when income rose by 16%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Omaha Symphonic Chorus sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NE. Charities of a similar size with the same main cause include Little League Baseball Inc ($74k), PTA California Congress of Parents Teachers & Students Inc ($74k) and California Federation of Womens Clubs ($74k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 29% and program service revenue 41% of the total. At year end it held assets of $26k against liabilities of $11k, net assets of $15k.