Soli Chamber Ensemble

Analysis

Soli Chamber Ensemble is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 1996, 30 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, Soli Chamber Ensemble reported income of $202k and spending of $221k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $155k to $202k (+30%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Soli Chamber Ensemble sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Arconet ($202k), Society for New Music ($202k) and Claremont Young Musicians Orchestra ($202k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $48k (21% of expenses). Other salaries and wages came to $9,356. At year end it held assets of $181k against liabilities of $48k, net assets of $133k. It reported 4 employees.