DC Youth Orchestra Program

Analysis

DC Youth Orchestra Program is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1965, 61 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, DC Youth Orchestra Program reported income of $1.6m and spending of $1.8m, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $1.6m (+29%), an average of +6.6% a year. The sharpest change came in the year to August 2022, when income rose by 37%. Over the whole period it spent 91% 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 Youth Orchestra Program sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 63rd percentile within DC. Charities of a similar size with the same main cause include National Museum of World War II Aviation Inc ($1.6m), Long Beach Lesbian and Gay Pride Inc ($1.6m) and Birmingham Bloomfield Art Center Inc ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $126k (7.1% of expenses). Other salaries and wages came to $664k. At year end it held assets of $1.6m against liabilities of $191k, net assets of $1.4m. It reported 10 employees.