Longview Symphony Foundation

Analysis

Longview Symphony Foundation is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in August 2014, 12 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, Longview Symphony Foundation reported income of $121k and spending of $47k, leaving 62% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $38k to $121k (+221%), an average of +34% a year. The sharpest change came in the year to May 2021, when income rose by 847%. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Longview Symphony Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Ridgewood Fourth of July Parade Celebration ($121k), Bidoun Projects Inc ($121k) and Allen Arts Alliance ($121k).

At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.