Los Angeles Youth Symphony Orchestra

Analysis

Los Angeles Youth Symphony Orchestra is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2004, 22 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 December 2023, Los Angeles Youth Symphony Orchestra reported income of $294k and spending of $268k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $197k to $294k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Los Angeles Youth Symphony Orchestra sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Theater for Personal Growth Inc ($294k), Great Falls Foundation for the Artsinc ($294k) and Tieton Arts and Humanities ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $51k (19% of expenses). At year end it held assets of $298k against liabilities of $272k, net assets of $26k.