Arizona Philharmonic

Analysis

Arizona Philharmonic is a registered charity in United States, based in Prescott, AZ. It received its IRS tax-exemption ruling in June 2021, 5 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 2023, Arizona Philharmonic reported income of $308k and spending of $308k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $235k to $308k (+31%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arizona Philharmonic sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Fleming Island Theater Incorporated ($308k), Foundation for Constitutional Government Inc ($308k) and Agastya Gurukulam ($308k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $17k (5.4% of expenses). At year end it held assets of $56k against liabilities of $8,997, net assets of $47k. It reported 2 employees.