Naptown Philharmonic Orchestra Inc

Analysis

Naptown Philharmonic Orchestra Inc is a registered charity in United States, based in Edgewater, MD. It received its IRS tax-exemption ruling in January 2013, 13 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 June 2024, Naptown Philharmonic Orchestra Inc reported income of $91k and spending of $117k, spending 129% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $61k to $91k (+50%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Naptown Philharmonic Orchestra Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within MD. Charities of a similar size with the same main cause include Sweet Adelines International ($91k), 1750 Isle of Wight County Courthoouse Inc ($91k) and French Lick West Baden Museum ($91k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.