Woodlands Symphony Orchestra a Non-Profit Corporation

Analysis

Woodlands Symphony Orchestra a Non-Profit Corporation is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in July 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Woodlands Symphony Orchestra a Non-Profit Corporation reported income of $55k and spending of $42k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $55k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Woodlands Symphony Orchestra a Non-Profit Corporation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Upper Swan Valley Historical Society Inc ($55k), Italian Language Intercultural Alliance Inc ($55k) and Center for Educator Development in Fine Arts ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.