Tampa Metropolitan Youth Orchestra Inc

Analysis

Tampa Metropolitan Youth Orchestra Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 2003, 23 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 May 2024, Tampa Metropolitan Youth Orchestra Inc reported income of $239k and spending of $233k, spending 97% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $229k to $239k (+4.4%), an average of +4.4% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tampa Metropolitan Youth Orchestra Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Shenandoah Valley Art Center Inc ($239k), Medway Cable Access Corporation ($239k) and Museum of Northern California Art ($239k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 88% and program service revenue 8.6% of the total. Compensation of current officers, directors and key employees was $53k (23% of expenses). At year end it held assets of $58k against liabilities of $897, net assets of $57k. It reported 3 employees.