Southwest Symphony Orchestra Inc

Analysis

Southwest Symphony Orchestra Inc is a registered charity in United States, based in St George, UT. It received its IRS tax-exemption ruling in July 2008, 18 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 June 2023, Southwest Symphony Orchestra Inc reported income of $338k and spending of $318k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $208k to $338k (+63%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southwest Symphony Orchestra Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within UT. Charities of a similar size with the same main cause include The City Choir of Washington ($338k), Friends of the Festival Foundation ($338k) and Preservation Worcester Inc ($337k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $298k against liabilities of $0, net assets of $298k.