Warren Symphony Society Inc

Analysis

Warren Symphony Society Inc is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in March 1975, 51 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 (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 2023, Warren Symphony Society Inc reported income of $79k and spending of $152k, spending 191% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $44k to $79k (+81%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 1602%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Warren Symphony Society Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include West Pasco Business ($79k), Island Treasure Foundation ($79k) and Westside Cultural Alliance ($79k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 19% of the total. Other salaries and wages came to $28k. At year end it held assets of $1.5m against liabilities of $1,918, net assets of $1.5m. It reported 2 employees.