Alton Symphony Orchestra

Analysis

Alton Symphony Orchestra is a registered charity in United States, based in Alton, IL. It received its IRS tax-exemption ruling in January 1953, 73 years ago. 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, Alton Symphony Orchestra reported income of $83k and spending of $54k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $50k to $83k (+65%), an average of +65% a year. The sharpest change came in the year to June 2024, when income rose by 65%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alton Symphony Orchestra sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include Findlay Rotary Foundation Inc ($83k), PTA California Congress of Parents Teachers & Students Inc ($83k) and Ptsa Connecticut Inc ($83k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 60% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.