Sacramento Youth Symphony

Analysis

Sacramento Youth Symphony is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 1991, 35 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 June 2023, Sacramento Youth Symphony reported income of $629k and spending of $483k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $596k to $629k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sacramento Youth Symphony sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Next Generation of Holocaust Survivors Inc ($628k), Radiant Hall Studios ($629k) and Historic Organ Restoration Committee Inc ($628k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Other salaries and wages came to $226k. At year end it held assets of $642k against liabilities of $120k, net assets of $522k. It reported 12 employees.