Shreveport Symphony Guild Inc

Analysis

Shreveport Symphony Guild Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in December 2001, 25 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 June 2024, Shreveport Symphony Guild Inc reported income of $59k and spending of $56k, spending 94% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $82k to $59k (-28%), an average of -15% a year. The sharpest change came in the year to June 2024, when income rose by 79%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shreveport Symphony Guild Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within LA. Charities of a similar size with the same main cause include Philosophy of Education Society ($59k), Powermark Corporation ($59k) and Ypsilanti Automotive Heritage Museum ($59k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.