Rapides Symphony Orchestra

Analysis

Rapides Symphony Orchestra is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in May 1967, 59 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 December 2022, Rapides Symphony Orchestra reported income of $478k and spending of $379k, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to December 2022, income grew from $336k to $478k (+42%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rapides Symphony Orchestra sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within LA. Charities of a similar size with the same main cause include Society for History and Racial Equity ($478k), Santa Fe Chamber Music Festival Endowment Foundation ($478k) and Can Art Change the World Inc ($478k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 63% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $61k (16% of expenses). Other salaries and wages came to $33k. At year end it held assets of $1.5m against liabilities of $136k, net assets of $1.3m. It reported 3 employees.