Danville Symphony Orchestra Foundation Inc

Analysis

Danville Symphony Orchestra Foundation Inc is a registered charity in United States, based in Danville, IL. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Danville Symphony Orchestra Foundation Inc reported income of $89k and spending of $101k, spending 114% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $58k to $89k (+53%), an average of +8.9% a year. The sharpest change came in the year to June 2020, when income rose by 1726%. Over the whole period it spent 30% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Danville Symphony Orchestra Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Friends of Indian Evangelical Mission Inc ($89k), Spinal Injury Tournament ($89k) and Kopperud Foundation ($89k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.