San Antonio Philharmonic

Analysis

San Antonio Philharmonic is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in April 2015, 11 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 2024, San Antonio Philharmonic reported income of $2.4m and spending of $2.5m, spending 105% of what it took in. Across the 2 years on record, from December 2022 to June 2024, income grew from $1.4m to $2.4m (+63%), an average of +63% a year. The sharpest change came in the year to June 2024, when income rose by 63%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Antonio Philharmonic sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Note-Able Music Therapy Services ($2.4m), Nutmeg Conservatory for the Arts ($2.4m) and Humanities Washington ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $138k (5.6% of expenses). Other salaries and wages came to $213k. It paid $2,187 in professional fundraising fees. At year end it held assets of $739k against liabilities of $242k, net assets of $496k. It reported 135 employees.