Southeast Iowa Symphony Assn

Analysis

Southeast Iowa Symphony Assn is a registered charity in United States, based in Mt Pleasant, IA. It received its IRS tax-exemption ruling in January 1954, 72 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 April 2023, Southeast Iowa Symphony Assn reported income of $272k and spending of $214k, leaving 21% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $220k to $272k (+24%), an average of +5.4% a year. The sharpest change came in the year to April 2023, when income rose by 21%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeast Iowa Symphony Assn sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within IA. Charities of a similar size with the same main cause include Cobb Landmarks and Historical Society Inc ($272k), Jemez Bodhi Mandala ($272k) and Little League Baseball Inc ($272k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 66% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $36k (17% of expenses). At year end it held assets of $621k against liabilities of $802, net assets of $621k. It reported 2 employees.