Tennessee Philharmonic Symphony Orchestra Association Inc

Analysis

Tennessee Philharmonic Symphony Orchestra Association Inc is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in August 2021, 5 years ago. 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 April 2024, Tennessee Philharmonic Symphony Orchestra Association Inc reported income of $201k and spending of $180k, spending 90% of its income. Across the 3 years on record, from April 2022 to April 2024, income grew from $148k to $201k (+36%), an average of +17% a year. The sharpest change came in the year to April 2023, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tennessee Philharmonic Symphony Orchestra Association Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Jewish Childrens Folkshul ($201k), Friends of the Virginia & Truckee Railroad Museum ($201k) and Wyoming Historical Society Group Return ($201k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $30k (17% of expenses). At year end it held assets of $34k against liabilities of $12k, net assets of $22k. It reported 1 employees.