Golden Gate Symphony and Chorus

Analysis

Golden Gate Symphony and Chorus is a registered charity in United States, based in San Francisco, CA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Golden Gate Symphony and Chorus reported income of $405k and spending of $393k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $172k to $405k (+135%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 140%. Over the whole period it spent 102% 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 Gate Symphony and Chorus sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include 1616 Latimer Fund ($405k), Del Norte Highschool Music Boosters ($405k) and Hiphopforchange Inc ($405k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $56k (14% of expenses). Other salaries and wages came to $152k. At year end it held assets of $17k against liabilities of $5,454, net assets of $12k.