Bellingham Symphony Orchestra

Analysis

Bellingham Symphony Orchestra is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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, Bellingham Symphony Orchestra reported income of $584k and spending of $669k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $572k to $584k (+2.1%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bellingham Symphony Orchestra sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Smith-Keys Village Inc ($584k), Nasf Foundation ($584k) and Lewis County Food Bank Coalition ($584k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. Other salaries and wages came to $242k. At year end it held assets of $589k against liabilities of $29k, net assets of $560k. It reported 11 employees.