Berkeley Symphony Orchestra

Analysis

Berkeley Symphony Orchestra is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in January 1973, 53 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 July 2023, Berkeley Symphony Orchestra reported income of $2.2m and spending of $1.7m, leaving 24% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income grew from $950k to $2.2m (+131%), an average of +32% a year. The sharpest change came in the year to July 2022, when income rose by 61%. 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, Berkeley Symphony Orchestra sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include United States Capitol Historical Society ($2.2m), Japanese Institute of Sawtelle ($2.2m) and Ndsu Research & Technology Park Inc ($2.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 92% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $193k (12% of expenses). Other salaries and wages came to $563k. At year end it held assets of $1.5m against liabilities of $157k, net assets of $1.3m. It reported 172 employees.