Connecticut Virtuosi Chamber Orchestra Inc

Analysis

Connecticut Virtuosi Chamber Orchestra Inc is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in November 2006, 20 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, Connecticut Virtuosi Chamber Orchestra Inc reported income of $175k and spending of $173k, spending 99% of its income. Across the 3 years on record, from June 2019 to June 2024, income fell from $218k to $175k (-20%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. 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, Connecticut Virtuosi Chamber Orchestra Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include California History Center Foundation ($175k), Chama Valley Arts ($175k) and Littleton Studio School ($175k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $97k against liabilities of $49k, net assets of $48k.