Kids Orchestra Inc

Analysis

Kids Orchestra Inc is a registered charity in United States, based in Baton Rouge, LA. 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 June 2023, Kids Orchestra Inc reported income of $765k and spending of $801k, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $876k to $765k (-13%), an average of -4.4% a year. The sharpest change came in the year to June 2023, when income rose by 44%. 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, Kids Orchestra Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within LA. Charities of a similar size with the same main cause include Muskogee Little Theatre Inc ($764k), Rockford Art Museum ($765k) and Glessner House Museum ($764k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $85k (11% of expenses). Other salaries and wages came to $331k. At year end it held assets of $360k against liabilities of $132k, net assets of $229k. It reported 12 employees.