Womens Symphony League of Austin Incorporated

Analysis

Womens Symphony League of Austin Incorporated is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 1976, 50 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 2023, Womens Symphony League of Austin Incorporated reported income of $453k and spending of $411k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $471k to $453k (-3.9%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Womens Symphony League of Austin Incorporated sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Okeefe Educational Media ($453k), Pittsburgh Youth Chorus ($453k) and Austin Symphony Orchestra Society Endowment Fund Trust ($453k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 9.7% of the total. At year end it held assets of $586k against liabilities of $400k, net assets of $186k.