Golden Isles Youth Orchestra Inc

Analysis

Golden Isles Youth Orchestra Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in October 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 December 2022, Golden Isles Youth Orchestra Inc reported income of $306k and spending of $377k, spending 123% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $357k to $306k (-14%), an average of -5.0% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Golden Isles Youth Orchestra Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Mandt Community Center Inc ($306k), Gulfshore Ballet Inc ($306k) and Darul Uloom New Jersey Inc ($306k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 93% and program service revenue 7.2% of the total. Other salaries and wages came to $39k. At year end it held assets of $180k against liabilities of $3,158, net assets of $177k. It reported 1 employees.