Los Angeles Symphonic Winds

Analysis

Los Angeles Symphonic Winds is a registered charity in United States, based in Calabasas, CA. It received its IRS tax-exemption ruling in September 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 July 2024, Los Angeles Symphonic Winds reported income of $135k and spending of $65k, leaving 52% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $97k to $135k (+38%), an average of +38% a year. The sharpest change came in the year to July 2024, when income rose by 38%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Los Angeles Symphonic Winds sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Mesilla Valley Film Society ($135k), Mt Nebo St Patricks Day Parade Inc ($135k) and Vital Arts Inc ($135k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $143k against liabilities of $485, net assets of $142k.