Auburn Symphony Association

Analysis

Auburn Symphony Association is a registered charity in United States, based in Auburn, WA. It received its IRS tax-exemption ruling in November 1996, 30 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, Auburn Symphony Association reported income of $444k and spending of $572k, spending 129% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $399k to $444k (+11%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Auburn Symphony Association sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Fergus Falls Center for the Arts Inc ($444k), Opportunity Music Project Inc ($444k) and Cadet Air Corps Museum ($444k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $45k (7.8% of expenses). Other salaries and wages came to $80k. At year end it held assets of $1.3m against liabilities of $35k, net assets of $1.3m. It reported 3 employees.