Central Illinois Youth Symphony

Analysis

Central Illinois Youth Symphony is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in February 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Central Illinois Youth Symphony reported income of $255k and spending of $261k, spending 102% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $188k to $255k (+36%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Illinois Youth Symphony sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Toddlers Morning Out Inc ($255k), Sass Foundation for Medical Research Inc ($255k) and St Annes Building Corporation ($255k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $43k (17% of expenses). Other salaries and wages came to $173k. At year end it held assets of $307k against liabilities of $0, net assets of $307k. It reported 2 employees.