Hot Springs-Hot Springs Village Symphony Guild Inc

Analysis

Hot Springs-Hot Springs Village Symphony Guild Inc is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in July 1992, 34 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 May 2024, Hot Springs-Hot Springs Village Symphony Guild Inc reported income of $97k and spending of $97k, spending 100% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $108k to $97k (-11%), an average of -10% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hot Springs-Hot Springs Village Symphony Guild 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 36th percentile, and in the 35th percentile within AR. Charities of a similar size with the same main cause include Norman Ballet Company Inc ($97k), Society of Colonial Wars in the State of Illinois ($97k) and Ashtabula Dream Center ($97k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 31% and program service revenue 55% of the total. At year end it held assets of $182k against liabilities of $30k, net assets of $152k.