North Corner Chamber Orchestra

Analysis

North Corner Chamber Orchestra is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. 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 July 2023, North Corner Chamber Orchestra reported income of $65k and spending of $136k, spending 208% of what it took in. Across the 3 years on record, from December 2021 to July 2023, income fell from $327k to $65k (-80%), an average of -55% a year. The sharpest change came in the year to July 2023, when income rose by 164%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Corner Chamber Orchestra sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 20th percentile within WA. Charities of a similar size with the same main cause include Knoxville Falcons Youth Athletics Inc ($65k), The Bridgehampton Association ($65k) and Plymouth Fife & Drum Corps Association ($65k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 94% and program service revenue 24% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.