Lake Geneva Symphony Orchstra Inc

Analysis

Lake Geneva Symphony Orchstra Inc is a registered charity in United States, based in Lake Geneva, WI. It received its IRS tax-exemption ruling in August 2014, 12 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 August 2023, Lake Geneva Symphony Orchstra Inc reported income of $99k and spending of $97k, spending 98% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $101k to $99k (-1.5%), an average of -1.5% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lake Geneva Symphony Orchstra Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include Soundscape Composition and Performance Exchange ($99k), Italian Association ($99k) and Social Tango Project Inc ($99k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $56k against liabilities of $4,000, net assets of $52k.