Greater Grand Forks Symphony Association

Analysis

Greater Grand Forks Symphony Association is a registered charity in United States, based in E Grand Forks, MN. It received its IRS tax-exemption ruling in March 1977, 49 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 June 2024, Greater Grand Forks Symphony Association reported income of $148k and spending of $123k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $123k to $148k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Grand Forks Symphony Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Garfield Heritage Society Inc ($148k), Austin History Center Association Inc ($148k) and Wilson County Historical Society ($148k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 15% of the total. At year end it held assets of $41k against liabilities of $26k, net assets of $15k.