Long Island Orchestra Inc

Analysis

Long Island Orchestra Inc is a registered charity in United States, based in Melville, NY. It received its IRS tax-exemption ruling in March 2019, 7 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, Long Island Orchestra Inc reported income of $99k and spending of $83k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $99k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Long Island Orchestra Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Blacksburg Chinese School Inc ($99k), Vietnamese Heritage Museum ($99k) and Holland Community Chorale Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.