Grand Junction Symphony Orchestra

Analysis

Grand Junction Symphony Orchestra is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in March 1978, 48 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, Grand Junction Symphony Orchestra reported income of $790k and spending of $902k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $821k to $790k (-3.8%), an average of -1.0% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grand Junction 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 75th percentile within CO. Charities of a similar size with the same main cause include Historic Restoration Society Inc ($790k), Supporting the Language of Kauai Inc ($790k) and Salisbury House Foundation ($790k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $82k (9.1% of expenses). Other salaries and wages came to $360k. At year end it held assets of $363k against liabilities of $242k, net assets of $121k. It reported 126 employees.