Colorado Springs Symphony Guild

Analysis

Colorado Springs Symphony Guild is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in September 1998, 28 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, Colorado Springs Symphony Guild reported income of $70k and spending of $64k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $79k to $70k (-10%), an average of -10% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colorado Springs Symphony Guild sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 24th percentile within CO. Charities of a similar size with the same main cause include Longmont Youth Symphony Inc ($70k), Oconee History Museum Inc ($70k) and Historic Trinity Inc ($70k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.