Philharmonia Orchestra of Tucson

Analysis

Philharmonia Orchestra of Tucson is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in November 1976, 50 years ago. 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, Philharmonia Orchestra of Tucson reported income of $77k and spending of $76k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $70k to $77k (+9.6%), an average of +9.6% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Philharmonia Orchestra of Tucson sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within AZ. Charities of a similar size with the same main cause include Elisabeth Reeve Morrow Morgan Foundation Inc ($77k), Kansas Foundation for Excellence in Education ($77k) and North Tonawanda Inter-Church Food Pantry ($77k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. At year end it held assets of $5,314 against liabilities of $0, net assets of $5,314.