Dream Orchestra Inc

Analysis

Dream Orchestra Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2012, 14 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 December 2023, Dream Orchestra Inc reported income of $353k and spending of $355k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $226k to $353k (+57%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dream Orchestra Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include World Music Productions Inc ($353k), Cascade Music Foundation ($353k) and Society of the Cincinnati in the State of Virginia ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $60k. At year end it held assets of $193k against liabilities of $21k, net assets of $172k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.