Greeley Philharmonic Orchestra Association

Analysis

Greeley Philharmonic Orchestra Association is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in August 1953, 73 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Greeley Philharmonic Orchestra Association reported income of $517k and spending of $628k, spending 122% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income grew from $338k to $517k (+53%), an average of +8.9% a year. The sharpest change came in the year to May 2022, when income rose by 372%. 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, Greeley Philharmonic Orchestra Association sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Wintriss Technical Schools Inc ($517k), Phantom Projects Educational Theatre Group ($517k) and Flagstaff Symphony Association ($517k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 35% and program service revenue 58% of the total. Other salaries and wages came to $401k. At year end it held assets of $113k against liabilities of $3,787, net assets of $109k.