Johnstown Symphony Orchestra

Analysis

Johnstown Symphony Orchestra is a registered charity in United States, based in Johnstown, PA. It received its IRS tax-exemption ruling in November 1962, 64 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 2023, Johnstown Symphony Orchestra reported income of $845k and spending of $818k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $651k to $845k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Johnstown Symphony Orchestra sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include 1014 Inc ($845k), Museums of Prophetstown Inc ($845k) and Yellow Barn Inc ($844k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $63k (7.7% of expenses). Other salaries and wages came to $389k. At year end it held assets of $1.3m against liabilities of $22k, net assets of $1.3m. It reported 159 employees.