Symphony in the Valley Inc

Analysis

Symphony in the Valley Inc is a registered charity in United States, based in Glenwood SPGS, CO. It received its IRS tax-exemption ruling in March 1996, 30 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 August 2023, Symphony in the Valley Inc reported income of $68k and spending of $80k, spending 117% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $65k to $68k (+4.9%), an average of +4.9% a year. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Symphony in the Valley Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within CO. Charities of a similar size with the same main cause include Dhvani Inc ($68k), Foundation for World Arts ($68k) and Jannah Academy Inc ($68k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 86% and program service revenue 21% of the total. At year end it held assets of $55k against liabilities of $2,797, net assets of $52k.