Northern Ohio Youth Orchestra Inc

Analysis

Northern Ohio Youth Orchestra Inc is a registered charity in United States, based in Oberlin, OH. It received its IRS tax-exemption ruling in October 1982, 44 years ago. 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 2024, Northern Ohio Youth Orchestra Inc reported income of $291k and spending of $259k, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $280k to $291k (+3.8%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northern Ohio Youth Orchestra Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Tau Beta Association ($291k), Wayne County Historical Association Inc ($291k) and Cafh Foundation Inc ($291k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $109k (42% of expenses). Other salaries and wages came to $47k. At year end it held assets of $359k against liabilities of $6,168, net assets of $353k. It reported 9 employees.