Glacier Symphony and Chorale Inc

Analysis

Glacier Symphony and Chorale Inc is a registered charity in United States, based in Kalispell, MT. It received its IRS tax-exemption ruling in April 1984, 42 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, Glacier Symphony and Chorale Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $511k to $1.1m (+111%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glacier Symphony and Chorale Inc 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 80th percentile, and in the 82nd percentile within MT. Charities of a similar size with the same main cause include California Association of Public Procurement Officials Inc ($1.1m), Pennsylvania Association of Non Profit Homes for the Aging ($1.1m) and The East West Center Trust ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $73k (6.8% of expenses). Other salaries and wages came to $356k. At year end it held assets of $663k against liabilities of $174k, net assets of $489k. It reported 11 employees.