Austin Civic Orchestra Society

Analysis

Austin Civic Orchestra Society is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 1980, 46 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, Austin Civic Orchestra Society reported income of $76k and spending of $71k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $76k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Austin Civic Orchestra Society sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Seattle Classic Guitar Society ($76k), North Porch Women and Infants Center Inc ($76k) and Project Horses for Forces Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 20% of the total. At year end it held assets of $276k against liabilities of $0, net assets of $276k.