Cascade Symphony Orchestra Inc

Analysis

Cascade Symphony Orchestra Inc is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in May 2001, 25 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, Cascade Symphony Orchestra Inc reported income of $253k and spending of $256k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $165k to $253k (+53%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cascade Symphony Orchestra Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include National Stearman Foundation Inc ($253k), Cardinal Spellman Philatelic Museum Inc ($253k) and National Choral Council Inc ($252k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $37k (14% of expenses). Other salaries and wages came to $66k. At year end it held assets of $563k against liabilities of $751, net assets of $562k. It reported 1 employees.