Bismarck-Mandan Orchestral Assn

Analysis

Bismarck-Mandan Orchestral Assn is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in July 2017, 9 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 May 2024, Bismarck-Mandan Orchestral Assn reported income of $371k and spending of $376k, spending 101% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $317k to $371k (+17%), an average of +4.0% a year. The sharpest change came in the year to May 2022, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bismarck-Mandan Orchestral Assn sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within ND. Charities of a similar size with the same main cause include Doma Development Corp ($371k), Homer Laughlin China Collectors Association ($371k) and Kutturan Chamoru Foundation ($371k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $85k (23% of expenses). Other salaries and wages came to $17k. At year end it held assets of $20k against liabilities of $42k, net assets of -$23k. It reported 6 employees.