Metropolitan Youth Orchestras Ofcentral Alabama
Analysis
Metropolitan Youth Orchestras Ofcentral Alabama is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending May 2023, Metropolitan Youth Orchestras Ofcentral Alabama reported income of $101k and spending of $98k, spending 96% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $88k to $101k (+15%), an average of +15% a year. Over the whole period it spent 98% 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 Orchestras Ofcentral Alabama sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within AL. Charities of a similar size with the same main cause include Dundee Band Boosters ($101k), Yonkers St Patricks Parade on McLean Avenue Inc ($101k) and Beloit Art Center Inc ($101k).
On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 60% and program service revenue 13% of the total. At year end it held assets of $170k against liabilities of $13k, net assets of $157k.
Income and spending
Where the income comes from
- Contributions & grants 60%
- Program services 13%
- Other 26%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dundee Band Boosters | Dundee | $101k |
| Yonkers St Patricks Parade on McLean Avenue Inc | Yonkers | $101k |
| Beloit Art Center Inc | Beloit | $101k |
| Friends of the Broadway | Mt Pleasant | $101k |