Stringendo Chamber Ensembles

Analysis

Stringendo Chamber Ensembles is a registered charity in United States, based in River Forest, IL. It received its IRS tax-exemption ruling in June 2021, 5 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 June 2024, Stringendo Chamber Ensembles reported income of $106k and spending of $83k, leaving 22% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $75k to $106k (+42%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stringendo Chamber Ensembles sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Magnolia Arts Center Inc ($106k), Wilton Playshop Inc ($106k) and St Francis High School Choir Boosters ($106k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.