North Port Symphony Inc

Analysis

North Port Symphony Inc is a registered charity in United States, based in North Port, FL. It received its IRS tax-exemption ruling in September 1995, 31 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, North Port Symphony Inc reported income of $123k and spending of $90k, leaving 28% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $85k to $123k (+45%), an average of +45% a year. The sharpest change came in the year to April 2024, when income rose by 45%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Port Symphony Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Baker County Education Foundation Inc ($123k), Huntingdon County Historical Society ($123k) and Wsa Housing Development Fund Co ($123k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 18% and program service revenue 64% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.