The Cincinnati Symphony Club

Analysis

The Cincinnati Symphony Club is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 1994, 32 years ago. 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, The Cincinnati Symphony Club reported income of $70k and spending of $78k, spending 111% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $65k to $70k (+7.6%), an average of +7.6% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Cincinnati Symphony Club sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Long Beach Japanese Cultural Center ($70k), Baykids ($70k) and Vernonia Health Center ($70k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 29% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.