Gateway Festival Orchestra of St Louis

Analysis

Gateway Festival Orchestra of St Louis is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 1964, 62 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 December 2023, Gateway Festival Orchestra of St Louis reported income of $89k and spending of $70k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $89k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gateway Festival Orchestra of St Louis sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MO. Charities of a similar size with the same main cause include Frederic Chopin Society Inc ($89k), Scholarship Foundation of Wadsworht Inc ($89k) and Mazomanie Wild West Days Assoc Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.