Port Angeles Symphony Orchestra Inc

Analysis

Port Angeles Symphony Orchestra Inc is a registered charity in United States, based in Port Angeles, WA. It received its IRS tax-exemption ruling in February 1975, 51 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, Port Angeles Symphony Orchestra Inc reported income of $953k and spending of $513k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $399k to $953k (+139%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 137%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Port Angeles Symphony Orchestra Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Fowler Davis 4 Change ($953k), Root Division ($953k) and Michigan Guild of Artists & Artisans ($953k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $110k (21% of expenses). At year end it held assets of $2.1m against liabilities of $21k, net assets of $2.1m. It reported 7 employees.