Kontrapunktus Neo-Baroque Chamber Orchestra

Analysis

Kontrapunktus Neo-Baroque Chamber Orchestra is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in February 2016, 10 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, Kontrapunktus Neo-Baroque Chamber Orchestra reported income of $127k and spending of $133k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $127k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kontrapunktus Neo-Baroque Chamber Orchestra sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Urban Artistry Inc ($127k), Mid-Valley Prelude Sinfonia Inc ($127k) and Draper Philharmonic and Choral Society ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.