Grosse Pointe Symphony Orchestra Society

Analysis

Grosse Pointe Symphony Orchestra Society is a registered charity in United States, based in Grosse Pt FRM, MI. It received its IRS tax-exemption ruling in March 1955, 71 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 June 2024, Grosse Pointe Symphony Orchestra Society reported income of $110k and spending of $66k, leaving 40% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $112k to $110k (-1.6%), an average of -1.6% a year. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grosse Pointe Symphony Orchestra Society sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Aviation Hall of Fame of New Jersey ($110k), Reformed Fellowship Inc ($110k) and Princeton Youth Ballet Inc ($110k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 14% of the total. At year end it held assets of $316k against liabilities of $0, net assets of $316k.