Monroe Symphony Orchestra Inc Monroe Symphony Orchestra

Analysis

Monroe Symphony Orchestra Inc Monroe Symphony Orchestra is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in December 1972, 54 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, Monroe Symphony Orchestra Inc Monroe Symphony Orchestra reported income of $121k and spending of $132k, spending 109% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $145k to $121k (-16%), an average of -4.3% a year. The sharpest change came in the year to May 2022, when income rose by 703%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Monroe Symphony Orchestra Inc Monroe Symphony Orchestra sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within LA. Charities of a similar size with the same main cause include Society for Conservation Biology North America Inc ($121k), Cambridge Dance Youth Program Inc ($121k) and Diamondhead School of Fine Arts ($121k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 44% and program service revenue 53% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.