Gainesville Chamber Orchestra Inc

Analysis

Gainesville Chamber Orchestra Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in March 1985, 41 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 (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 2024, Gainesville Chamber Orchestra Inc reported income of $471k and spending of $476k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $394k to $471k (+20%), an average of +3.6% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gainesville Chamber Orchestra Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Nitartha International ($471k), Cherokee Historical Association Inc ($471k) and Lamb Arts Ltd ($471k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 17% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.