The Northeast Orchestra

Analysis

The Northeast Orchestra is a registered charity in United States, based in Fridley, MN. It received its IRS tax-exemption ruling in October 1983, 43 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The Northeast Orchestra reported income of $248k and spending of $37k, leaving 85% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income fell from $422k to $248k (-41%), an average of -41% a year. The sharpest change came in the year to August 2023, when income dropped by 41%. Over the whole period it spent 9.2% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Northeast Orchestra sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Colorado Afro Latin Dance and Arts Collective ($248k), Blue Mound Area Theatre ($248k) and Torch Literary Arts ($248k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 89% and program service revenue 2.0% of the total. At year end it held assets of $649k against liabilities of $0, net assets of $649k.