Arkansas Orchestra Society Guildinc

Analysis

Arkansas Orchestra Society Guildinc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in December 1980, 46 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 2023, Arkansas Orchestra Society Guildinc reported income of $61k and spending of $62k, spending 101% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $42k to $61k (+44%), an average of +44% a year. The sharpest change came in the year to May 2023, when income rose by 44%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arkansas Orchestra Society Guildinc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within AR. Charities of a similar size with the same main cause include Historical League Inc ($61k), New Hampshire Master Chorale ($61k) and Art Guild of the Delta ($61k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 4.1% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.