Denver Philharmonic Orchestra

Analysis

Denver Philharmonic Orchestra is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 1950, 76 years ago. 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 June 2023, Denver Philharmonic Orchestra reported income of $219k and spending of $219k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $193k to $219k (+14%), an average of +14% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Denver Philharmonic Orchestra sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Hope Crisis Pregnancy Center ($219k), Rockland District Nursing Assn Inc ($219k) and Sanctity of Life of Transylvania County ($219k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 29% of the total. Other salaries and wages came to $15k. At year end it held assets of $208k against liabilities of $4,926, net assets of $203k.