Naples Community Orchestra Inc

Analysis

Naples Community Orchestra Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in January 1997, 29 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 May 2024, Naples Community Orchestra Inc reported income of $137k and spending of $127k, spending 93% of its income. Across the 4 years on record, from May 2021 to May 2024, income grew from $76k to $137k (+79%), an average of +22% a year. The sharpest change came in the year to May 2022, when income rose by 52%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Naples Community Orchestra Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Black Art in America Foundation Inc ($137k), Bay Area Drama Company ($137k) and Soikot-Bengali Association of Greater Tampa Inc ($137k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.