Lenawee Symphony Orchestra Society Inc

Analysis

Lenawee Symphony Orchestra Society Inc is a registered charity in United States, based in Adrian, MI. It received its IRS tax-exemption ruling in December 1982, 44 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, Lenawee Symphony Orchestra Society Inc reported income of $447k and spending of $445k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $433k to $447k (+3.2%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lenawee Symphony Orchestra Society Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include The Arc of Texas ($447k), Childrens Place of Buffalo and Erie County Inc ($447k) and Habitat for Humanity International Inc ($447k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 20% of the total. Other salaries and wages came to $96k. At year end it held assets of $689k against liabilities of $113k, net assets of $576k. It reported 5 employees.