Symphony of the Hills Association

Analysis

Symphony of the Hills Association is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in March 2002, 24 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, Symphony of the Hills Association reported income of $305k and spending of $354k, spending 116% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $344k to $305k (-12%), an average of -4.0% a year. The sharpest change came in the year to May 2022, when income rose by 82%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Symphony of the Hills Association sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Mid-Columbia Symphony Society ($305k), Lehi City Arts Council ($305k) and Golden Isles Arts and Humanities Association Inc ($304k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 62% and program service revenue 34% of the total. Other salaries and wages came to $78k. At year end it held assets of $469k against liabilities of $118k, net assets of $350k. It reported 4 employees.