Flower Mound Community Orchestra

Analysis

Flower Mound Community Orchestra is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in July 1995, 31 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 December 2023, Flower Mound Community Orchestra reported income of $78k and spending of $83k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $78k (-14%), an average of -14% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Flower Mound Community Orchestra sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Perry Band Boosters of Stark County Inc ($78k), Music at the Red Door Inc ($78k) and Summit Players Theatre ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 9.5% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.