Chamber Orchestra of the South Bay Inc

Analysis

Chamber Orchestra of the South Bay Inc is a registered charity in United States, based in PLS VRDS PNSL, CA. It received its IRS tax-exemption ruling in April 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 June 2023, Chamber Orchestra of the South Bay Inc reported income of $256k and spending of $290k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $249k to $256k (+2.8%), an average of +0.9% a year. The sharpest change came in the year to June 2022, when income rose by 78%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chamber Orchestra of the South Bay Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Richland Players Inc ($256k), Opera Steamboat ($256k) and The Beat Berkeley Performing Arts Inc ($256k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $48k (17% of expenses). Other salaries and wages came to $1,900. At year end it held assets of $136k against liabilities of $0, net assets of $136k. It reported 3 employees.