Saginaw Choral Society

Analysis

Saginaw Choral Society is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in October 1980, 46 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 June 2023, Saginaw Choral Society reported income of $223k and spending of $254k, spending 114% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $207k to $223k (+7.6%), an average of +3.7% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saginaw Choral Society sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Movimiento Afrolatino Seattle ($223k), Brick Childrens Community Theatre ($223k) and Make Music Alliance Inc ($222k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $118k. At year end it held assets of $161k against liabilities of $33k, net assets of $129k. It reported 4 employees.