Enid Symphony Association

Analysis

Enid Symphony Association is a registered charity in United States, based in Enid, OK. It received its IRS tax-exemption ruling in June 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, Enid Symphony Association reported income of $349k and spending of $352k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $274k to $349k (+27%), an average of +8.4% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Enid Symphony Association sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within OK. Charities of a similar size with the same main cause include Little Globe Inc ($349k), Qizhjeh Heritage Institute ($349k) and Childrens Museum of Findlay ($349k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $55k (16% of expenses). Other salaries and wages came to $13k. At year end it held assets of $1.2m against liabilities of $34k, net assets of $1.2m. It reported 2 employees.