Los Angeles Virtuosi Orchestra Inc

Analysis

Los Angeles Virtuosi Orchestra Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2015, 11 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, Los Angeles Virtuosi Orchestra Inc reported income of $143k and spending of $137k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $143k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Los Angeles Virtuosi Orchestra Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Saveartspace ($143k), Inspiring Arts Inc ($143k) and Engineering Biology Research Consortium ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.9% of the total. At year end it held assets of $237k against liabilities of $16k, net assets of $222k.