Colorado Youth Symphony Orchestra Association

Analysis

Colorado Youth Symphony Orchestra Association is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 1985, 41 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Colorado Youth Symphony Orchestra Association reported income of $248k and spending of $227k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $213k to $248k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colorado Youth Symphony Orchestra Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Indian Harbor Yacht Club Foundation Inc ($248k), Hurry Back Productions Inc ($248k) and Human Computation Institute ($248k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 53% of the total. Other salaries and wages came to $167k. It paid $300 in professional fundraising fees. At year end it held assets of $140k against liabilities of $0, net assets of $140k. It reported 38 employees.