Philharmonic Society of Belleville

Analysis

Philharmonic Society of Belleville is a registered charity in United States, based in Belleville, IL. It received its IRS tax-exemption ruling in October 1947, 79 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, Philharmonic Society of Belleville reported income of $117k and spending of $93k, leaving 20% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $138k to $117k (-16%), an average of -3.3% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Philharmonic Society of Belleville sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Zumbrota Area Arts Council ($117k), Amherst Ballet Theatre Company Inc ($117k) and Applause Childrens Theater ($117k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 38% of the total. Other salaries and wages came to $18k. At year end it held assets of $248k against liabilities of $0, net assets of $248k. It reported 4 employees.