Anderson Symphony Orchestra Association Inc

Analysis

Anderson Symphony Orchestra Association Inc is a registered charity in United States, based in Anderson, IN. It received its IRS tax-exemption ruling in October 1978, 48 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, Anderson Symphony Orchestra Association Inc reported income of $283k and spending of $324k, spending 115% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income grew from $273k to $283k (+3.8%), an average of +1.9% a year. The sharpest change came in the year to June 2023, when income rose by 61%. 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, Anderson Symphony Orchestra Association Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Paleocultural Research Group ($283k), Reno Dance Company Inc ($283k) and Marmarth Research Foundation ($283k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $56k (17% of expenses). At year end it held assets of $282k against liabilities of $988, net assets of $281k. It reported 1 employees.