Cheyenne Symphony Foundation

Analysis

Cheyenne Symphony Foundation is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in April 1980, 46 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cheyenne Symphony Foundation reported income of $59k and spending of $97k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $56k to $59k (+4.3%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 190% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cheyenne Symphony Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 18th percentile within WY. Charities of a similar size with the same main cause include Tkdubs Productions ($59k), Pondera Arts Council ($59k) and Creative Filmmakers Association ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.