Athens Symphony Orchestra Inc

Analysis

Athens Symphony Orchestra Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in May 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Athens Symphony Orchestra Inc reported income of $99k and spending of $135k, spending 137% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $218k to $99k (-55%), an average of -23% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Athens Symphony Orchestra Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Shepherd Springs Ministries Inc ($99k), Thedandelionproject ($99k) and Volunteers of America Inc ($99k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $465k against liabilities of $0, net assets of $465k.