Symphony of the Vines

Analysis

Symphony of the Vines is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in April 2012, 14 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 September 2024, Symphony of the Vines reported income of $50k and spending of $52k, spending 104% of its income. Across the 3 years on record, from September 2022 to September 2024, income fell from $65k to $50k (-22%), an average of -12% a year. The sharpest change came in the year to September 2024, when income dropped by 38%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Symphony of the Vines sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within OR. Charities of a similar size with the same main cause include American Chemical Society ($50k), Korean-American Association of ($50k) and Jazz Sanctuary Inc ($50k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.