Washington Metropolitan Philharmonic Association

Analysis

Washington Metropolitan Philharmonic Association is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 1990, 36 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 August 2023, Washington Metropolitan Philharmonic Association reported income of $210k and spending of $193k, spending 92% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $148k to $210k (+42%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 90%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington Metropolitan Philharmonic Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Ventura County Ballet Company ($210k), Council of Professional Associations on Federal Statistics ($210k) and Playpenn Inc ($210k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 71% and program service revenue 24% of the total. At year end it held assets of $91k against liabilities of $22k, net assets of $70k.