Arvada Chorale Company

Analysis

Arvada Chorale Company is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in March 2009, 17 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 2024, Arvada Chorale Company reported income of $59k and spending of $60k, spending 101% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $49k to $59k (+21%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arvada Chorale Company sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within CO. Charities of a similar size with the same main cause include Halau E Hulali Mai I Ka LA ($59k), Boychoir of Ann Arbor ($59k) and Redevelop Old Jasper Action Coalition Inc ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 36% of the total. At year end it held assets of $13k against liabilities of $800, net assets of $12k.