Timpanogos Symphony Orchestra

Analysis

Timpanogos Symphony Orchestra is a registered charity in United States, based in American Fork, UT. It received its IRS tax-exemption ruling in December 2010, 16 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, Timpanogos Symphony Orchestra reported income of $216k and spending of $195k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $155k to $216k (+39%), an average of +39% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Timpanogos Symphony Orchestra sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within UT. Charities of a similar size with the same main cause include San Francisco Women Artists ($216k), Sustainability Institute Inc ($216k) and Fender Play Foundation ($216k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $53k. At year end it held assets of $94k against liabilities of $6,991, net assets of $87k. It reported 1 employees.