Hill Country Youth Orchestras Inc

Analysis

Hill Country Youth Orchestras Inc is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in June 2001, 25 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 2023, Hill Country Youth Orchestras Inc reported income of $244k and spending of $221k, spending 90% of its income. Across the 4 years on record, from May 2020 to May 2023, income fell from $265k to $244k (-7.9%), an average of -2.7% a year. The sharpest change came in the year to May 2022, when income rose by 288%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hill Country Youth Orchestras Inc 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 62nd percentile within TX. Charities of a similar size with the same main cause include Santa Monica Symphony Association ($244k), Coronado Promenade Concerts ($244k) and San Francisco International Arts Festival Inc ($244k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 90% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $39k (18% of expenses). Other salaries and wages came to $100k. At year end it held assets of $766k against liabilities of $3,406, net assets of $763k. It reported 13 employees.