Bravura Philharmonic Orchestra

Analysis

Bravura Philharmonic Orchestra is a registered charity in United States, based in West Windsor, NJ. It received its IRS tax-exemption ruling in January 2009, 17 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, Bravura Philharmonic Orchestra reported income of $193k and spending of $139k, leaving 28% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $136k to $193k (+42%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bravura Philharmonic Orchestra sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Sacramento Jazz Education Foundation ($193k), Valley Vision ($193k) and Guardians of Sound Inc ($193k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 16% of the total. At year end it held assets of $358k against liabilities of $0, net assets of $358k.