Cheyenne Symphony Orchestra

Analysis

Cheyenne Symphony Orchestra is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in February 1965, 61 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, Cheyenne Symphony Orchestra reported income of $771k and spending of $820k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $749k to $771k (+2.9%), an average of +0.7% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 93% 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 Orchestra sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within WY. Charities of a similar size with the same main cause include Town Square Television ($771k), Junior Jazz Foundation ($771k) and Artsmart ($771k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $170k (21% of expenses). Other salaries and wages came to $233k. At year end it held assets of $1.3m against liabilities of $346k, net assets of $954k. It reported 69 employees.