Hudson Festival Orchestra Inc

Analysis

Hudson Festival Orchestra Inc is a registered charity in United States, based in Hudson, NY. It received its IRS tax-exemption ruling in February 2020, 6 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 December 2023, Hudson Festival Orchestra Inc reported income of $142k and spending of $132k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $142k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hudson Festival Orchestra Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Castle Rock Players Inc ($142k), Columbus Ballet Inc ($142k) and Mt Si Artist Guild ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.