New Texas Symphony Orchestra

Analysis

New Texas Symphony Orchestra is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2011, 15 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 July 2024, New Texas Symphony Orchestra reported income of $77k and spending of $76k, spending 99% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $60k to $77k (+28%), an average of +28% a year. The sharpest change came in the year to July 2024, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Texas Symphony Orchestra sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Deepwells Farm Historical Society ($77k), Thomas Paine National Historical Association ($77k) and San Fernando Valley Philharmonic- Pops Orchestra Inc ($77k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.