Dallas Wind Symphony

Analysis

Dallas Wind Symphony is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 1986, 40 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, Dallas Wind Symphony reported income of $901k and spending of $919k, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $899k to $901k (+0.2%), an average of +0.0% a year. The sharpest change came in the year to July 2022, when income rose by 160%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dallas Wind Symphony sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include The Art Center Highland Park ($901k), Lark Musical Society Inc ($901k) and Midwest Museum of American Art Foundation ($901k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $80k (8.7% of expenses). Other salaries and wages came to $159k. At year end it held assets of $681k against liabilities of $69k, net assets of $612k. It reported 4 employees.