Orchestra Indiana Inc

Analysis

Orchestra Indiana Inc is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in September 1960, 66 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 2023, Orchestra Indiana Inc reported income of $658k and spending of $859k, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $478k to $658k (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Orchestra Indiana Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Heartbeat Opera Ltd ($658k), Lower Cape Communications Inc ($658k) and Ballet Co-Laboratory ($657k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 23% of the total. Other salaries and wages came to $501k. At year end it held assets of $1.3m against liabilities of $13k, net assets of $1.3m. It reported 190 employees.