One Symphony Circle Inc

Analysis

One Symphony Circle Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 2014, 12 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, One Symphony Circle Inc reported income of $80k and spending of $1,682, leaving 98% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $80k (+257%), an average of +258% a year. The sharpest change came in the year to December 2023, when income rose by 257%. Over the whole period it spent 2.6% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, One Symphony Circle Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Studio K Flamenco Inc ($80k), Studio 3 NC Inc ($80k) and Laupahoehoe Train Museum ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.