St Cloud Symphony Orchestra

Analysis

St Cloud Symphony Orchestra is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in October 1977, 49 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 June 2022, St Cloud Symphony Orchestra reported income of $145k and spending of $145k, spending 100% of its income. Across the 2 years on record, from June 2021 to June 2022, income grew from $85k to $145k (+70%), an average of +70% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Cloud Symphony Orchestra sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Nassau Free Library ($145k), Plymouth Public Library ($145k) and Volunteers of America Inc ($145k).

On its Form 990-EZ for the period ending June 2022, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $31k against liabilities of $415, net assets of $30k.