Terre Haute Symphony Association

Analysis

Terre Haute Symphony Association is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in September 1958, 68 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, Terre Haute Symphony Association reported income of $619k and spending of $603k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $389k to $619k (+59%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Terre Haute Symphony Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Canterbury Voices Inc ($619k), The Great Star Theater ($619k) and Pakachoag Music School of Greater Worcester ($619k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 53% of the total. At year end it held assets of $381k against liabilities of $80k, net assets of $301k. It reported 87 employees.