Odysseus Chamber Orchestra

Analysis

Odysseus Chamber Orchestra is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in August 2012, 14 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, Odysseus Chamber Orchestra reported income of $185k and spending of $176k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $185k (+5.2%), an average of +5.2% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Odysseus Chamber Orchestra sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Mansfield-Richland Incubator Inc ($185k), Los Angeles Section 8 Apperson Lomod Corporation -4 ($185k) and Community Leadership Development Program of Niagara County Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.