Las Cruces Symphony Society

Analysis

Las Cruces Symphony Society is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in September 1976, 50 years ago. 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 May 2024, Las Cruces Symphony Society reported income of $323k and spending of $363k, spending 112% of what it took in. Across the 5 years on record, from May 2019 to May 2024, income fell from $356k to $323k (-9.4%), an average of -2.4% a year. The sharpest change came in the year to May 2020, when income dropped by 20%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Las Cruces Symphony Society sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NM. Charities of a similar size with the same main cause include West Allis Historical Society Inc ($323k), 10ten Project Inc ($323k) and Earth School Hawaii ($323k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 2.3% and program service revenue 97% of the total. Other salaries and wages came to $271k. At year end it held assets of $210k against liabilities of $10k, net assets of $200k. It reported 109 employees.