Lake Union Civic Orchestra

Analysis

Lake Union Civic Orchestra is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in February 1997, 29 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 July 2024, Lake Union Civic Orchestra reported income of $72k and spending of $61k, spending 85% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $83k to $72k (-13%), an average of -13% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lake Union Civic Orchestra 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 28th percentile, and in the 23rd percentile within WA. Charities of a similar size with the same main cause include Ronen Foundation of America ($72k), North End Cultural Center Inc ($72k) and Downtown Sherman Preservation and Revitalization Inc ($72k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 77% and program service revenue 18% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.