Choral Dynamics of Galesburg Inc

Analysis

Choral Dynamics of Galesburg Inc is a registered charity in United States, based in Knoxville, IL. It received its IRS tax-exemption ruling in March 2009, 17 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, Choral Dynamics of Galesburg Inc reported income of $98k and spending of $83k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $83k to $98k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Choral Dynamics of Galesburg Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Evanston Childrens Choir ($98k), DC Concert Orchestra Society ($98k) and Southwestern Watercolor Society ($98k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 50% of the total. At year end it held assets of $254k against liabilities of $0, net assets of $254k.