South Coast Symphony

Analysis

South Coast Symphony is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in August 1997, 29 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 August 2023, South Coast Symphony reported income of $344k and spending of $338k, spending 98% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $223k to $344k (+54%), an average of +16% a year. The sharpest change came in the year to August 2023, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Coast Symphony sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Kodiak-Baranof Productions Inc ($344k), D3 Arts ($344k) and Shakesperience Productions Inc ($344k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $21k (6.2% of expenses). Other salaries and wages came to $113k. At year end it held assets of $169k against liabilities of $0, net assets of $169k. It reported 66 employees.