Plymouth Philharmonic Orchestra Inc

Analysis

Plymouth Philharmonic Orchestra Inc is a registered charity in United States, based in Plymouth, MA. It received its IRS tax-exemption ruling in March 1974, 52 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 June 2024, Plymouth Philharmonic Orchestra Inc reported income of $1.2m and spending of $1.6m, spending 127% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.2m (+13%), an average of +2.5% a year. The sharpest change came in the year to June 2022, when income rose by 173%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plymouth Philharmonic Orchestra Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Utility Consumers Action Network ($1.2m), The Holocaust Memorial & Tolerance Center of Nassau County Inc ($1.2m) and Faith Christian School ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 46% of the total. Other salaries and wages came to $855k. At year end it held assets of $997k against liabilities of $281k, net assets of $716k. It reported 124 employees.