Conway Symphony Orchestra Inc

Analysis

Conway Symphony Orchestra Inc is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in April 1989, 37 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 December 2023, Conway Symphony Orchestra Inc reported income of $156k and spending of $155k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $131k to $156k (+19%), an average of +9.2% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Conway Symphony Orchestra Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within AR. Charities of a similar size with the same main cause include Lee County Literacy Coalition ($156k), PTA New York Congress ($156k) and Artspace Community Arts Center ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $351k against liabilities of $0, net assets of $351k.