Pan American Symphony Orchestra

Analysis

Pan American Symphony Orchestra is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1991, 35 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 December 2023, Pan American Symphony Orchestra reported income of $246k and spending of $255k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $246k (+55%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 260%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pan American Symphony Orchestra sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 32nd percentile within DC. Charities of a similar size with the same main cause include Arts on Site NYC Inc ($246k), Aroostook Arts and Education Center ($246k) and California Grape Rootstock Research Foundation ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. It paid $1,975 in professional fundraising fees. At year end it held assets of $71k against liabilities of $0, net assets of $71k.