Decatur Youth Symphony Inc

Analysis

Decatur Youth Symphony Inc is a registered charity in United States, based in Decatur, AL. 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 July 2023, Decatur Youth Symphony Inc reported income of $156k and spending of $118k, leaving 24% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income fell from $186k to $156k (-16%), an average of -4.2% a year. The sharpest change came in the year to July 2020, when income dropped by 27%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Decatur Youth Symphony Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within AL. Charities of a similar size with the same main cause include Dutch Country Players Inc ($156k), One Reel ($156k) and Stockton Historical Maritime Museum Inc ($156k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 59% and program service revenue 11% of the total. At year end it held assets of $527k against liabilities of $9,217, net assets of $518k.