Tuscarawas Philharmonic Assn Inc

Analysis

Tuscarawas Philharmonic Assn Inc is a registered charity in United States, based in New Phila, OH. It received its IRS tax-exemption ruling in November 1977, 49 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, Tuscarawas Philharmonic Assn Inc reported income of $159k and spending of $195k, spending 123% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $224k to $159k (-29%), an average of -6.7% a year. The sharpest change came in the year to June 2021, when income dropped by 28%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tuscarawas Philharmonic Assn Inc 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 49th percentile within OH. Charities of a similar size with the same main cause include Honor Flight Michigan Legacy Inc ($159k), Delaware Chinese American Association ($159k) and Afro-American Historical and Genealogical Society ($159k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $23k (12% of expenses). Other salaries and wages came to $38k. At year end it held assets of $559k against liabilities of $0, net assets of $559k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.