New Orchestra of Washington Inc

Analysis

New Orchestra of Washington Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in February 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 (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 2023, New Orchestra of Washington Inc reported income of $251k and spending of $249k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $171k to $251k (+47%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Orchestra of Washington Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Oaklands Association Incorporated ($251k), Women in Media Inc ($251k) and Boston by Foot Inc ($251k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.