Mid-Ohio Valley Symphony Society Inc

Analysis

Mid-Ohio Valley Symphony Society Inc is a registered charity in United States, based in Vienna, WV. It received its IRS tax-exemption ruling in May 2023, 3 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 2023, Mid-Ohio Valley Symphony Society Inc reported income of $90k and spending of $52k, leaving 42% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $164k to $90k (-45%), an average of -18% a year. The sharpest change came in the year to June 2023, when income rose by 217%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mid-Ohio Valley Symphony Society Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within WV. Charities of a similar size with the same main cause include Ardea Arts Inc ($90k), Inversion Ensemble Inc ($90k) and Bonita Springs Concert Band Inc ($90k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $351k against liabilities of $0, net assets of $351k.