East Texas Symphony Orchestra Foundation

Analysis

East Texas Symphony Orchestra Foundation is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in February 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, East Texas Symphony Orchestra Foundation reported income of $158k and spending of $118k, leaving 25% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $115k to $158k (+38%), an average of +6.7% a year. The sharpest change came in the year to May 2022, when income rose by 123%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Texas Symphony Orchestra 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 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Jacknife-Zion-Horseheaven Historical Society ($158k), Association for Special Children and Families Inc ($158k) and Center for Independent Social Research Inc ($158k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 52% of the total. At year end it held assets of $2.4m against liabilities of $87k, net assets of $2.3m.