Johnson City Schools Orchestra Guild

Analysis

Johnson City Schools Orchestra Guild is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in January 1993, 33 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, Johnson City Schools Orchestra Guild reported income of $61k and spending of $66k, spending 108% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $110k to $61k (-45%), an average of -45% a year. The sharpest change came in the year to May 2024, when income dropped by 45%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Johnson City Schools Orchestra Guild sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within TN. Charities of a similar size with the same main cause include PTA Florida Congress ($61k), Janet Johnston Housenick and William D Housenick Memorial ($61k) and Dubois Area Historical Society Inc ($61k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $37k against liabilities of $1,740, net assets of $36k.