Phoenix Symphony Guild

Analysis

Phoenix Symphony Guild is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 1949, 77 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 2023, Phoenix Symphony Guild reported income of $586k and spending of $566k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $333k to $586k (+76%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Phoenix Symphony Guild sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within AZ. Charities of a similar size with the same main cause include Friends of the Erben Organ Inc ($586k), W E B du Bois Museum Foundation ($586k) and Prana Institute ($586k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 42% of the total. At year end it held assets of $1.1m against liabilities of $8,116, net assets of $1.1m.