Helena Symphony Society

Analysis

Helena Symphony Society is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in August 1979, 47 years ago. 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, Helena Symphony Society reported income of $996k and spending of $1.1m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $679k to $996k (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helena Symphony Society sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within MT. Charities of a similar size with the same main cause include Martin County Historical Museum Inc ($996k), Dekalb County Council on Aging Inc ($996k) and Kansas Nurses Foundation ($996k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $106k (9.7% of expenses). Other salaries and wages came to $254k. At year end it held assets of $317k against liabilities of $502k, net assets of -$185k. It reported 10 employees.