Youth Symphony of Denton

Analysis

Youth Symphony of Denton is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in January 2022, 4 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 July 2024, Youth Symphony of Denton reported income of $77k and spending of $65k, spending 84% of its income. Across the 3 years on record, from July 2022 to July 2024, income fell from $81k to $77k (-4.6%), an average of -2.3% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth Symphony of Denton sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Future Arts ($77k), Ardzagang Armenian Television Inc ($77k) and 55 Mercer Street Artists Inc ($77k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 21% and program service revenue 0.5% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.