Virginia Chamber Orchestra

Analysis

Virginia Chamber Orchestra is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 1973, 53 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 June 2024, Virginia Chamber Orchestra reported income of $103k and spending of $97k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $85k to $103k (+21%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Virginia Chamber Orchestra sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Derby Historical Society of Derby CT Inc ($103k), Museum of Classic Chicago Television ($103k) and Amelia Island Opera Inc ($103k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 11% of the total. At year end it held assets of $41k against liabilities of $2,700, net assets of $38k.