Durango Choral Society

Analysis

Durango Choral Society is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in January 1984, 42 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, Durango Choral Society reported income of $113k and spending of $106k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $84k to $113k (+34%), an average of +34% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Durango Choral Society sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within CO. Charities of a similar size with the same main cause include Historic Old Northeast Neighborhood Association of St Petersburg Inc ($113k), Nepalese Society Inc ($113k) and Main Street Oberlin Inc ($113k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 20% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.