American Festival Chorus and Orchestra

Analysis

American Festival Chorus and Orchestra is a registered charity in United States, based in Logan, UT. It received its IRS tax-exemption ruling in March 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 August 2023, American Festival Chorus and Orchestra reported income of $511k and spending of $438k, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $323k to $511k (+58%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 186%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Festival Chorus and Orchestra sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within UT. Charities of a similar size with the same main cause include Dracut Access Television Inc ($511k), American Indian Center Inc ($511k) and Gumbo Limbo Coastal Stewards Inc ($511k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 49% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $35k (7.9% of expenses). At year end it held assets of $700k against liabilities of $111k, net assets of $589k.