Inland Valley Symphony
Analysis
Inland Valley Symphony is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in July 2000, 26 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 June 2024, Inland Valley Symphony reported income of $159k and spending of $176k, spending 111% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $175k to $159k (-9.0%), an average of -9.0% a year. Over the whole period it spent 86% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Inland Valley Symphony sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Los Angeles United Methodist Museum of Social Justice ($159k), Steamboat Era Museum ($159k) and Chevalier Ballet New York City Inc ($159k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 54% of the total. At year end it held assets of $60k against liabilities of $2,952, net assets of $57k.
Income and spending
Where the income comes from
- Contributions & grants 29%
- Program services 54%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Los Angeles United Methodist Museum of Social Justice | Los Angeles | $159k |
| Steamboat Era Museum | Irvington | $159k |
| Chevalier Ballet New York City Inc | Bronx | $159k |
| Fort Miles Historical Association Inc | Lewes | $159k |