Mallarme Youth Chamber Orchestra

Analysis

Mallarme Youth Chamber Orchestra is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in March 2008, 18 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 2024, Mallarme Youth Chamber Orchestra reported income of $89k and spending of $81k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $62k to $89k (+43%), an average of +43% a year. The sharpest change came in the year to June 2024, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mallarme Youth Chamber Orchestra sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Render Creative Inc ($89k), Waverly Oktoberfest ($89k) and Friends of History in Fulton New York Inc ($89k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $71k against liabilities of $7,536, net assets of $64k.