Knickerbocker Chamber Orchestra

Analysis

Knickerbocker Chamber Orchestra is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 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 2024, Knickerbocker Chamber Orchestra reported income of $85k and spending of $68k, leaving 20% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $43k to $85k (+97%), an average of +97% a year. The sharpest change came in the year to August 2024, when income rose by 97%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Knickerbocker Chamber Orchestra sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Hole in the Wall Company ($85k), Hawaii Island Portuguese Chamber of Commerce Cultural and Educational ($85k) and York Harbor Reading Room Foundation ($85k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.