San Juan Symphony

Analysis

San Juan Symphony is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in April 1975, 51 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, San Juan Symphony reported income of $643k and spending of $586k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $326k to $643k (+97%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Juan Symphony sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Marshall Volunteer Fire and Rescue Department Incorporated ($642k), Norcal Christian Schools Inc ($643k) and Board of Regents of the University of Wisconsin System ($642k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $45k (7.6% of expenses). Other salaries and wages came to $54k. At year end it held assets of $365k against liabilities of $45k, net assets of $320k. It reported 2 employees.