Brazos Valley Symphony Society

Analysis

Brazos Valley Symphony Society is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in June 1986, 40 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, Brazos Valley Symphony Society reported income of $894k and spending of $823k, spending 92% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $752k to $894k (+19%), an average of +4.4% a year. The sharpest change came in the year to May 2022, when income rose by 82%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brazos Valley Symphony Society sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Masonic Widows & Orphans Home of Tennessee Fund ($893k), Herkimer County College Foundation Inc ($894k) and Chi Phi Educational Trust ($893k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 75% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $140k (17% of expenses). Other salaries and wages came to $71k. At year end it held assets of $2.2m against liabilities of $143k, net assets of $2.1m. It reported 5 employees.