Salem Philharmonia Orchestra

Analysis

Salem Philharmonia Orchestra is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in March 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Salem Philharmonia Orchestra reported income of $65k and spending of $51k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $65k (+6.0%), an average of +6.0% a year. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Salem Philharmonia Orchestra sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within OR. Charities of a similar size with the same main cause include Van Riper House Inc ($65k), Shine on Humanity ($65k) and Trunacy ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.