Valley Symphony Association

Analysis

Valley Symphony Association is a registered charity in United States, based in Montrose, CO. It received its IRS tax-exemption ruling in March 1979, 47 years ago. 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 December 2023, Valley Symphony Association reported income of $121k and spending of $96k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $121k (-2.3%), an average of -2.3% a year. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley Symphony Association sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include Camp Fire USA ($121k), Parsippany Volunteer Ambulance Inc ($121k) and Sancta Maria School Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 38% of the total. At year end it held assets of $111k against liabilities of $328, net assets of $110k.