Tallahassee Youth Orchestras Inc

Analysis

Tallahassee Youth Orchestras Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Tallahassee Youth Orchestras Inc reported income of $130k and spending of $116k, spending 89% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $142k to $130k (-8.4%), an average of -8.4% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tallahassee Youth Orchestras Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include The Sherman Museum ($130k), Durham Art Guild Inc ($130k) and The 42nd Street Workshop Inc ($130k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 49% and program service revenue 49% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.