Southwest Ohio Philharmonic Inc

Analysis

Southwest Ohio Philharmonic Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in May 2017, 9 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 June 2024, Southwest Ohio Philharmonic Inc reported income of $79k and spending of $60k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $180k to $79k (-56%), an average of -56% a year. The sharpest change came in the year to June 2024, when income dropped by 56%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southwest Ohio Philharmonic Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Manchester Makerspace ($78k), Krasl Art Center Charitable Trust ($79k) and Acting Out Theatre Co ($78k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 46% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.