Kendall Square Orchestra Inc

Analysis

Kendall Square Orchestra Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in February 2020, 6 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 June 2024, Kendall Square Orchestra Inc reported income of $121k and spending of $131k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $231k to $121k (-48%), an average of -48% a year. The sharpest change came in the year to June 2024, when income dropped by 48%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kendall Square Orchestra Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Five Civilized Tribes Museum and Center ($121k), Elkhorn South High School Choral Arts Boosters ($121k) and North Metro Music Education Inc ($121k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $53k against liabilities of $4,870, net assets of $48k.