Pinellas Youth Symphony Inc
Analysis
Pinellas Youth Symphony Inc is a registered charity in United States, based in Seminole, FL. It received its IRS tax-exemption ruling in September 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2023, Pinellas Youth Symphony Inc reported income of $114k and spending of $117k, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $113k to $114k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to August 2022, when income rose by 109%. Over the whole period it spent 107% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pinellas Youth Symphony Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include United Square Dancer of America ($114k), Theodicy Jazz Collective ($114k) and Ecoarts Connections ($114k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $71k. At year end it held assets of $31k against liabilities of $428, net assets of $30k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 36%
- Program services 64%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United Square Dancer of America | Littleton | $114k |
| Theodicy Jazz Collective | Atlanta | $114k |
| Ecoarts Connections | Lafayette | $114k |
| South Fork Performing Arts Inc | Southampton | $114k |