Bellevue Youth Symphony Orchestra

Analysis

Bellevue Youth Symphony Orchestra is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in January 1995, 31 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 August 2023, Bellevue Youth Symphony Orchestra reported income of $1.0m and spending of $906k, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $629k to $1.0m (+61%), an average of +13% a year. The sharpest change came in the year to August 2022, when income rose by 47%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bellevue Youth Symphony Orchestra sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include SS United States Conservancy ($1.0m), Badger Honor Flight Incorporated ($1.0m) and Childrens Dance Foundation ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 27% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $181k (20% of expenses). Other salaries and wages came to $208k. At year end it held assets of $811k against liabilities of $13k, net assets of $798k. It reported 16 employees.