Western Connecticut Youth Orchestra Inc

Analysis

Western Connecticut Youth Orchestra Inc is a registered charity in United States, based in Ridgefield, CT. It received its IRS tax-exemption ruling in July 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, Western Connecticut Youth Orchestra Inc reported income of $248k and spending of $249k, spending 100% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $203k to $248k (+22%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Western Connecticut Youth Orchestra Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CT. Charities of a similar size with the same main cause include Maysville Players Inc ($248k), Spooky Action Theater Company ($248k) and North Fourth Art Center ($248k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 56% of the total. Other salaries and wages came to $93k. At year end it held assets of $232k against liabilities of $69k, net assets of $163k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.