Dearborn Orchestral Society Inc

Analysis

Dearborn Orchestral Society Inc is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in June 1964, 62 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 May 2024, Dearborn Orchestral Society Inc reported income of $431k and spending of $295k, leaving 32% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $169k to $431k (+155%), an average of +26% a year. The sharpest change came in the year to May 2022, when income rose by 239%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dearborn Orchestral Society Inc sits at the 75th percentile: it is larger than about 75% 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 Threads Dance Project ($431k), Missouri Valley Eclipse ($431k) and Monterey Institute for Research in Astronomy ($431k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 81% and program service revenue 18% of the total. Other salaries and wages came to $52k. At year end it held assets of $215k against liabilities of $1,280, net assets of $214k. It reported 4 employees.