Williamsport Symphony Orchestra

Analysis

Williamsport Symphony Orchestra is a registered charity in United States, based in Williamsport, PA. It received its IRS tax-exemption ruling in February 1974, 52 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 2024, Williamsport Symphony Orchestra reported income of $601k and spending of $494k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $365k to $601k (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 143%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Williamsport Symphony Orchestra 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 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Billings Depot Inc ($601k), Allies in Arts ($601k) and Alianza de Museos de Puerto Rico ($601k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 29% of the total. Other salaries and wages came to $170k. At year end it held assets of $1.7m against liabilities of $33k, net assets of $1.7m. It reported 4 employees.