Marquette Symphony Orchestra Inc

Analysis

Marquette Symphony Orchestra Inc is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in December 1997, 29 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, Marquette Symphony Orchestra Inc reported income of $197k and spending of $216k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $137k to $197k (+44%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 200%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marquette Symphony Orchestra Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Portland Youth Theater ($197k), Mashup Contemporary Dance Company ($197k) and Thank You Walt Disney Inc ($197k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 44% of the total. At year end it held assets of $73k against liabilities of $4,534, net assets of $68k.