Philharmonic Society of St Louis

Analysis

Philharmonic Society of St Louis is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 1962, 64 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 June 2023, Philharmonic Society of St Louis reported income of $158k and spending of $177k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $113k to $158k (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Philharmonic Society of St Louis sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MO. Charities of a similar size with the same main cause include Mt Carmel Public Library Inc ($158k), Beekmantown Senior Housing Inc ($158k) and Marielders Inc ($158k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.2% and program service revenue 71% of the total. At year end it held assets of $630k against liabilities of $12k, net assets of $619k.