Youth Orchestras of Fresno

Analysis

Youth Orchestras of Fresno is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in May 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Youth Orchestras of Fresno reported income of $582k and spending of $508k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $267k to $582k (+118%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth Orchestras of Fresno sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Childrens Museum of Siouxland Inc ($582k), Kansas City Actors Theatre Inc ($582k) and Norwegian-American Historical Association ($582k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $32k (6.3% of expenses). Other salaries and wages came to $92k. At year end it held assets of $379k against liabilities of $60k, net assets of $319k. It reported 24 employees.