Santa Fe Symphony Orchestra & Chorus Inc

Analysis

Santa Fe Symphony Orchestra & Chorus Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in January 1986, 40 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, Santa Fe Symphony Orchestra & Chorus Inc reported income of $1.5m and spending of $1.6m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.5m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 16%. 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, Santa Fe Symphony Orchestra & Chorus Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NM. Charities of a similar size with the same main cause include Johnson County Family Crisis Center ($1.5m), Youth for Christ USA Inc ($1.5m) and Good Shepard Home Workers Compensation Trust ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $84k (5.2% of expenses). Other salaries and wages came to $863k. At year end it held assets of $835k against liabilities of $332k, net assets of $502k. It reported 160 employees.