DC Concert Orchestra Society

Analysis

DC Concert Orchestra Society is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, DC Concert Orchestra Society reported income of $98k and spending of $97k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $81k to $98k (+21%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, DC Concert Orchestra Society 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 36th percentile, and in the 18th percentile within DC. Charities of a similar size with the same main cause include Choral Dynamics of Galesburg Inc ($98k), Northern Star Quilters Guild Ltd ($98k) and Evanston Childrens Choir ($98k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 18% of the total. At year end it held assets of $38k against liabilities of $242, net assets of $38k.