Cincinnati Chamber Orchestra Inc

Analysis

Cincinnati Chamber Orchestra Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 1975, 51 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 December 2023, Cincinnati Chamber Orchestra Inc reported income of $935k and spending of $698k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $677k to $935k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cincinnati Chamber Orchestra Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include White Snake Projects Inc ($935k), Asheville Community Theatre Inc ($936k) and Theatre Bay Area ($935k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 15% of the total. Other salaries and wages came to $400k. At year end it held assets of $1.1m against liabilities of $1,789, net assets of $1.1m. It reported 112 employees.