Greater Dallas Youth Orchestra

Analysis

Greater Dallas Youth Orchestra is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 1975, 51 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 July 2023, Greater Dallas Youth Orchestra reported income of $855k and spending of $850k, spending 99% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $872k to $855k (-1.9%), an average of -0.5% a year. The sharpest change came in the year to July 2022, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Dallas Youth Orchestra sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Third Avenue Playhouse Inc ($855k), American Center for Mongolian Studies ($855k) and Great Waters Music Festival Inc ($855k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 49% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $94k (11% of expenses). Other salaries and wages came to $395k. At year end it held assets of $1.6m against liabilities of $104k, net assets of $1.5m. It reported 19 employees.