Santa Maria Philharmonic Society

Analysis

Santa Maria Philharmonic Society is a registered charity in United States, based in Santa Maria, CA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Santa Maria Philharmonic Society reported income of $545k and spending of $353k, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $199k to $545k (+174%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 95%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Maria Philharmonic Society sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Spring Lake Park District 16 Youth Hockey Association ($545k), Association of Financial Educators ($545k) and Veterans Voice of America Inc ($545k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $194k. It paid $7,318 in professional fundraising fees. At year end it held assets of $272k against liabilities of $0, net assets of $272k.