Piedmont Regional Orchestra

Analysis

Piedmont Regional Orchestra is a registered charity in United States, based in Warrenton, VA. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Piedmont Regional Orchestra reported income of $160k and spending of $169k, spending 105% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $169k to $160k (-5.2%), an average of -5.2% a year. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Piedmont Regional Orchestra sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Boots Court Foundation ($160k), Family & Friends of Steel Charitable Fund ($161k) and Star Club Inc ($160k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 35% and program service revenue 59% of the total. At year end it held assets of $90k against liabilities of $19k, net assets of $71k.