Wisconsin Chamber Orchestra Inc

Analysis

Wisconsin Chamber Orchestra Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in February 1962, 64 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 August 2023, Wisconsin Chamber Orchestra Inc reported income of $2.8m and spending of $2.6m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.8m to $2.8m (+59%), an average of +12% a year. The sharpest change came in the year to August 2021, when income rose by 64%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wisconsin Chamber Orchestra Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Camerata Pacifica ($2.8m), College Art Association of America Inc ($2.8m) and Music Changing Lives ($2.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 88% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $345k (13% of expenses). At year end it held assets of $5.8m against liabilities of $652k, net assets of $5.2m. It reported 157 employees.