Western Piedmont Symphony-The Unifour Orchestra Inc

Analysis

Western Piedmont Symphony-The Unifour Orchestra Inc is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in March 1973, 53 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, Western Piedmont Symphony-The Unifour Orchestra Inc reported income of $737k and spending of $914k, spending 124% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $686k to $737k (+7.4%), an average of +1.8% a year. The sharpest change came in the year to June 2024, when income rose by 30%. 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, Western Piedmont Symphony-The Unifour Orchestra Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include The Civilians Inc ($737k), Wausau Conservatory of Music Inc ($737k) and Sculpture Milwaukee Inc ($737k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% of the total. Other salaries and wages came to $448k. At year end it held assets of $527k against liabilities of $132k, net assets of $394k. It reported 75 employees.