Central Kentucky Youth Orchestra Society Inc

Analysis

Central Kentucky Youth Orchestra Society Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in June 1974, 52 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 June 2024, Central Kentucky Youth Orchestra Society Inc reported income of $511k and spending of $544k, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $367k to $511k (+39%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 101%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Kentucky Youth Orchestra Society Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within KY. Charities of a similar size with the same main cause include Camp Wakeshma of St Joseph Co Inc ($511k), Kalanidhi Dance ($511k) and Wound Healing Society ($511k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 36% of the total. Other salaries and wages came to $199k. At year end it held assets of $664k against liabilities of $1,300, net assets of $662k. It reported 7 employees.