LA Crosse Symphony Orchestra
Analysis
LA Crosse Symphony Orchestra is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in January 1957, 69 years ago. 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 2023, LA Crosse Symphony Orchestra reported income of $636k and spending of $726k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $554k to $636k (+15%), an average of +4.7% a year. Over the whole period it spent 100% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Crosse Symphony Orchestra sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Beaver Falls Community Development Corporation ($636k), Hidden Acres Inc ($636k) and Waco Historical Society Inc ($635k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $133k (18% of expenses). Other salaries and wages came to $33k. At year end it held assets of $1.7m against liabilities of $148k, net assets of $1.6m. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 69%
- Program services 27%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Beaver Falls Community Development Corporation | Beaver Falls | $636k |
| Hidden Acres Inc | Kaufman | $636k |
| Waco Historical Society Inc | Troy | $635k |
| Danville Montessori School Inc | Danville | $636k |