Summerville Orchestra

Analysis

Summerville Orchestra is a registered charity in United States, based in Summerville, SC. It received its IRS tax-exemption ruling in July 2005, 21 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, Summerville Orchestra reported income of $312k and spending of $346k, spending 111% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income grew from $201k to $312k (+55%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Summerville Orchestra sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Playmakers Laboratory Theatre ($312k), Fort Smith Museum of History ($312k) and Arts for All Inc ($312k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $139k. At year end it held assets of $156k against liabilities of $55k, net assets of $101k. It reported 4 employees.