String Orchestra of the Rockies Inc

Analysis

String Orchestra of the Rockies Inc is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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, String Orchestra of the Rockies Inc reported income of $78k and spending of $82k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $79k to $78k (-1.8%), an average of -1.8% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, String Orchestra of the Rockies Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MT. Charities of a similar size with the same main cause include PTA New Jersey Congress of Parents & Teachers ($78k), National Coalition of 100 Black Women Inc-Central Mississippi CHPT ($78k) and PTA Florida Congress ($78k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 39% of the total. At year end it held assets of $193k against liabilities of $61k, net assets of $133k.