Los Angeles Youth Orchestra

Analysis

Los Angeles Youth Orchestra is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in July 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 June 2024, Los Angeles Youth Orchestra reported income of $847k and spending of $903k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $419k to $847k (+102%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 185%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Los Angeles Youth Orchestra sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Billerica Access Television Inc ($847k), Falmouth Artists Guild Inc ($847k) and California Art Club Inc ($846k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $249k (28% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 4 employees.