Jacksonville Symphony Society

Analysis

Jacksonville Symphony Society is a registered charity in United States, based in Jacksonville, IL. It received its IRS tax-exemption ruling in May 1976, 50 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 July 2023, Jacksonville Symphony Society reported income of $66k and spending of $102k, spending 154% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $80k to $66k (-17%), an average of -17% a year. The sharpest change came in the year to July 2023, when income dropped by 17%. Over the whole period it spent 130% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jacksonville Symphony Society sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Dupage County Historical Museum Association Inc ($66k), Tampa Bay Ukulele Society Inc ($66k) and International Human Rights Art Festival Inc ($66k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 60% and program service revenue 17% of the total. At year end it held assets of $99k against liabilities of $54k, net assets of $45k.