Salem Orchestra

Analysis

Salem Orchestra is a registered charity in United States, based in Keizer, OR. It received its IRS tax-exemption ruling in December 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Salem Orchestra reported income of $60k and spending of $76k, spending 126% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $31k to $60k (+94%), an average of +94% a year. The sharpest change came in the year to June 2023, when income rose by 94%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Salem Orchestra sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within OR. Charities of a similar size with the same main cause include Schuhplattler Gebirgstrachten Verein Edelweiss Incorporated ($60k), Agnes and Abram Gaar Foundation Inc ($60k) and Chamber Music in Yellow Springs Inc ($60k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 46% of the total. At year end it held assets of $5,092 against liabilities of $24k, net assets of -$19k.