Mid-Valley Prelude Sinfonia Inc

Analysis

Mid-Valley Prelude Sinfonia Inc is a registered charity in United States, based in Albany, OR. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Mid-Valley Prelude Sinfonia Inc reported income of $127k and spending of $135k, spending 106% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $76k to $127k (+68%), an average of +68% a year. The sharpest change came in the year to August 2023, when income rose by 68%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mid-Valley Prelude Sinfonia Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OR. Charities of a similar size with the same main cause include Kontrapunktus Neo-Baroque Chamber Orchestra ($127k), Lutheran Music Academy of Galvestonisland Inc ($128k) and Urban Artistry Inc ($127k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 40% and program service revenue 54% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.