Los Angeles Theatre Organ Society

Analysis

Los Angeles Theatre Organ Society is a registered charity in United States, based in West Hills, 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 December 2023, Los Angeles Theatre Organ Society reported income of $148k and spending of $66k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $181k to $148k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 30% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Los Angeles Theatre Organ Society sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Flatiron Crossroads Inc ($148k), School Science & Mathematics Association Inc ($148k) and Island Arts Council ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 2.3% of the total. At year end it held assets of $398k against liabilities of $0, net assets of $398k.