Odessa Symphony Guild

Analysis

Odessa Symphony Guild is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in October 2015, 11 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, Odessa Symphony Guild reported income of $127k and spending of $27k, leaving 78% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $58k to $127k (+120%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 90%. Over the whole period it spent 43% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Odessa Symphony Guild sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Nimbus Theatre ($127k), Non Plus Ultra ($127k) and Rodgers Theatre Inc ($127k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% of the total. At year end it held assets of $284k against liabilities of $0, net assets of $284k.