Chippewa Valley Symphony Ltd

Analysis

Chippewa Valley Symphony Ltd is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in May 1978, 48 years ago. 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 May 2024, Chippewa Valley Symphony Ltd reported income of $229k and spending of $214k, spending 93% of its income. Across the 4 years on record, from May 2019 to May 2024, income grew from $200k to $229k (+14%), an average of +4.6% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chippewa Valley Symphony Ltd sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Financial Therapy Association ($229k), Youngstown Area Jewish Cemeteries Association ($229k) and Magothy Co-Operative Preschool and Kindergarten ($229k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 60% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $51k (24% of expenses). Other salaries and wages came to $20k. At year end it held assets of $288k against liabilities of $34k, net assets of $254k. It reported 3 employees.