Washington Symphonic Orchestra Inc

Analysis

Washington Symphonic Orchestra Inc is a registered charity in United States, based in Washington, PA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Washington Symphonic Orchestra Inc reported income of $170k and spending of $184k, spending 108% of what it took in. Across the 2 years on record, from May 2022 to May 2023, income grew from $136k to $170k (+25%), an average of +25% a year. The sharpest change came in the year to May 2023, when income rose by 25%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington Symphonic Orchestra Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Danseetoile Ballet ($170k), Gaither High School Vocal Music Boosters Inc ($170k) and Rochester - Olmsted County Law Enforcement Memorial Association I ($170k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 52% and program service revenue 31% of the total. At year end it held assets of $133k against liabilities of $5,356, net assets of $127k.