Greater Boulder Youth Orchestras

Analysis

Greater Boulder Youth Orchestras is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in January 1985, 41 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 May 2024, Greater Boulder Youth Orchestras reported income of $251k and spending of $236k, spending 94% of its income. Across the 4 years on record, from May 2021 to May 2024, income grew from $203k to $251k (+23%), an average of +7.2% a year. The sharpest change came in the year to May 2022, when income rose by 18%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Boulder Youth Orchestras sits at the 57th percentile: it is larger than about 57% 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 Hands & Voices Texas Chapter ($251k), St Catherines High School Foundation Inc ($251k) and Ottawa Area Housing Incorporated ($251k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 40% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $69k (29% of expenses). Other salaries and wages came to $12k. At year end it held assets of $282k against liabilities of $74, net assets of $282k. It reported 4 employees.