Saint Louis Symphony Endowment Trust

Analysis

Saint Louis Symphony Endowment Trust is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2001, 25 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Saint Louis Symphony Endowment Trust reported income of $4.3m and spending of $17.7m, spending 408% of what it took in. Across the 4 years on record, from August 2019 to August 2023, income fell from $20.2m to $4.3m (-78%), an average of -40% a year. The sharpest change came in the year to August 2022, when income dropped by 53%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saint Louis Symphony Endowment Trust sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MO. Charities of a similar size with the same main cause include Portland Maine Symphony Orchestra ($4.3m), San Diego Symphony Foundation ($4.3m) and Illinois Valley Public Telecommunications Corporation ($4.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.2% of the total. At year end it held assets of $237.7m against liabilities of $599k, net assets of $237.1m.