Temple Symphony Orchestra

Analysis

Temple Symphony Orchestra is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in October 2012, 14 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 May 2024, Temple Symphony Orchestra reported income of $295k and spending of $241k, spending 82% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $233k to $295k (+26%), an average of +6.0% a year. The sharpest change came in the year to May 2024, when income rose by 127%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Temple Symphony Orchestra sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include MJ 4 Hope ($295k), St Martins Chamber Choir ($295k) and Cleveland Jazz Orchestra ($295k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 47% and program service revenue 20% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 1 employees.