Sun Valley Summer Symphony Inc

Analysis

Sun Valley Summer Symphony Inc is a registered charity in United States, based in Sun Valley, ID. It received its IRS tax-exemption ruling in October 1985, 41 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 October 2023, Sun Valley Summer Symphony Inc reported income of $5.9m and spending of $4.7m, leaving 20% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $4.1m to $5.9m (+46%), an average of +9.8% a year. The sharpest change came in the year to October 2021, when income rose by 54%. 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, Sun Valley Summer Symphony Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 96th percentile within ID. Charities of a similar size with the same main cause include Port Angeles Waterfront Center ($5.9m), Opera San Jose Incorporated ($5.9m) and National Humanities Center ($5.9m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 86% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $351k (7.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $20.6m against liabilities of $136k, net assets of $20.5m. It reported 44 employees.