Metropolitan Youth Symphony

Analysis

Metropolitan Youth Symphony is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 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, Metropolitan Youth Symphony reported income of $1.1m and spending of $994k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $910k to $1.1m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Metropolitan Youth Symphony sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OR. Charities of a similar size with the same main cause include Everhart Museum of Natural History Science & Art ($1.1m), Celebrate Freedom Foundation ($1.1m) and Friends of the Douglass Theatre Complex Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 39% of the total. Other salaries and wages came to $336k. At year end it held assets of $1.2m against liabilities of $35k, net assets of $1.2m. It reported 5 employees.