Phoenix Childrens Chorus Inc
Analysis
Phoenix Childrens Chorus Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2010, 16 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 Childrens Chorus Inc reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $784k to $1.2m (+51%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 91% 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 Childrens Chorus Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Trisha Brown Company Inc ($1.2m), State Theatre of Ithaca Inc ($1.2m) and Brooklyn Ballet Inc ($1.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $52k (4.5% of expenses). Other salaries and wages came to $134k. At year end it held assets of $796k against liabilities of $3,011, net assets of $793k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 75%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trisha Brown Company Inc | New York | $1.2m |
| State Theatre of Ithaca Inc | Ithaca | $1.2m |
| Brooklyn Ballet Inc | Brooklyn | $1.2m |
| Walden School | San Francisco | $1.2m |