Los Angeles Lawyers Philharmonic

Analysis

Los Angeles Lawyers Philharmonic is a registered charity in United States, based in Beverly Hills, CA. 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 December 2023, Los Angeles Lawyers Philharmonic reported income of $205k and spending of $131k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $206k to $205k (-0.4%), an average of -0.2% a year. The sharpest change came in the year to December 2023, when income rose by 1757%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Los Angeles Lawyers Philharmonic sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Chalk It Up to Sacramento Its the Chalk of the Town ($205k), International Foundation of American Historical Society of Ger ($205k) and Wheelhouse Theater Company Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $60k. At year end it held assets of $87k against liabilities of $0, net assets of $87k.