Lincoln Symphony Foundation

Analysis

Lincoln Symphony Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 1991, 35 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 December 2023, Lincoln Symphony Foundation reported income of $562k and spending of $174k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $562k (+415%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 161%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lincoln Symphony Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NE. Charities of a similar size with the same main cause include Annie Moses Ministries ($562k), Aloha Week Hawaii Inc ($562k) and Southwest Art Gallery and Science Center ($562k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.