Indiana State Symphony Society Inc

Analysis

Indiana State Symphony Society Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Indiana State Symphony Society Inc reported income of $221k and spending of $183k, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $197k to $221k (+12%), an average of +2.9% a year. The sharpest change came in the year to August 2022, when income rose by 123%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indiana State Symphony Society Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Historic Georgetown Inc ($221k), Cloverdale Playhouse Inc ($221k) and Carteret County Historical Society Inc ($221k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 34% and program service revenue 0.0% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.