Greater New Orleans Youth Orchestra

Analysis

Greater New Orleans Youth Orchestra is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2024, 2 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 2023, Greater New Orleans Youth Orchestra reported income of $116k and spending of $193k, spending 167% of what it took in. Across the 6 years on record, from June 2018 to December 2023, income fell from $205k to $116k (-44%), an average of -11% a year. The sharpest change came in the year to June 2020, when income rose by 107%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater New Orleans Youth Orchestra sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within LA. Charities of a similar size with the same main cause include Khmu National Federation Inc ($116k), Main Street Productions Inc ($116k) and The Good Listening Project ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 62% of the total. Other salaries and wages came to $89k. At year end it held assets of $132k against liabilities of $205k, net assets of -$73k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.