Northern Neck Orchestra Corporation

Analysis

Northern Neck Orchestra Corporation is a registered charity in United States, based in Kilmarnock, VA. It received its IRS tax-exemption ruling in November 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Northern Neck Orchestra Corporation reported income of $533k and spending of $245k, leaving 54% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $168k to $533k (+218%), an average of +218% a year. The sharpest change came in the year to June 2024, when income rose by 218%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northern Neck Orchestra Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Dakhota Iapi Okhodakichiye ($533k), Society of Voice Arts and Sciences Inc ($533k) and Windham Foundation of New York Inc ($533k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $398k against liabilities of $432, net assets of $397k.