Rainier Symphony

Analysis

Rainier Symphony is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1982, 44 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 2024, Rainier Symphony reported income of $73k and spending of $77k, spending 105% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $95k to $73k (-23%), an average of -23% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rainier Symphony sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include South Jersey Jazz Society Inc ($73k), Ossining Portuguese Center Inc ($73k) and Corry Rail and Industrial Legacy Society Inc ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $86k against liabilities of $3,213, net assets of $83k.