Symphony Orchestra Guild of Decatur

Analysis

Symphony Orchestra Guild of Decatur is a registered charity in United States, based in Decatur, IL. It received its IRS tax-exemption ruling in December 1975, 51 years ago. 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 2023, Symphony Orchestra Guild of Decatur reported income of $219k and spending of $165k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $236k to $219k (-7.2%), an average of -1.9% a year. The sharpest change came in the year to June 2020, when income dropped by 43%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Symphony Orchestra Guild of Decatur sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Volunteer and Exempt Firemens Benevolent Ass of Mt Kisco Ny ($219k), Alpha Gamma Rho Lambda Chapter Educational Foundation ($219k) and American Laryngological Association ($219k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.