Conejo Oaks Symphony Inc

Analysis

Conejo Oaks Symphony Inc is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in October 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 July 2023, Conejo Oaks Symphony Inc reported income of $227k and spending of $236k, spending 104% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $239k to $227k (-5.1%), an average of -1.3% a year. The sharpest change came in the year to July 2023, when income rose by 206%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Conejo Oaks Symphony Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Allen Philharmonic Symphony Inc ($227k), Music Theatre West ($227k) and Ballet Texas ($227k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 44% and program service revenue 54% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.