Youth Orchestras of San Antonio

Analysis

Youth Orchestras of San Antonio is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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 July 2023, Youth Orchestras of San Antonio reported income of $1.8m and spending of $1.6m, spending 94% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.1m to $1.8m (+54%), an average of +16% a year. The sharpest change came in the year to July 2021, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth Orchestras of San Antonio sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include New Orleans Film and Video Society Inc ($1.8m), Juniata Mennonite School ($1.8m) and Create Ca ($1.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 70% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $118k (7.2% of expenses). Other salaries and wages came to $433k. At year end it held assets of $1.1m against liabilities of $234k, net assets of $904k. It reported 13 employees.