National Repertory Orchestra Inc Colorado Philharmonic

Analysis

National Repertory Orchestra Inc Colorado Philharmonic is a registered charity in United States, based in Breckenridge, CO. It received its IRS tax-exemption ruling in September 1966, 60 years ago. 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 September 2023, National Repertory Orchestra Inc Colorado Philharmonic reported income of $2.0m and spending of $1.7m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $2.0m (+36%), an average of +8.0% a year. The sharpest change came in the year to September 2022, when income rose by 48%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Repertory Orchestra Inc Colorado Philharmonic sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Inuit Art Foundation ($2.0m), Tampa Baptist Manor Inc ($2.0m) and Geisinger Insurance Corporation Risk Retention Group ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 59% and program service revenue 19% of the total. Other salaries and wages came to $452k. At year end it held assets of $3.5m against liabilities of $69k, net assets of $3.5m. It reported 5 employees.