Montana Association of Symphony Orchestras

Analysis

Montana Association of Symphony Orchestras is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in November 1983, 43 years ago. 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 June 2023, Montana Association of Symphony Orchestras reported income of $52k and spending of $66k, spending 127% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $43k to $52k (+21%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montana Association of Symphony Orchestras sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within MT. Charities of a similar size with the same main cause include Saint Macrina Orthodox Academy ($52k), Neosho County Area Agency on Aging Inc ($52k) and Delphos Community Christmas Project ($52k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 1.7% of the total. At year end it held assets of $53k against liabilities of $2,038, net assets of $51k.