Orchestra Nova Northwest

Analysis

Orchestra Nova Northwest is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 1992, 34 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 June 2024, Orchestra Nova Northwest reported income of $690k and spending of $598k, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $947k to $690k (-27%), an average of -6.1% a year. The sharpest change came in the year to June 2024, when income rose by 71%. 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, Orchestra Nova Northwest sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include Arm of Hope ($690k), Lowell Telecommunications Corporation ($690k) and Thelma Sadoff Center for the Arts Inc ($689k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $91k (15% of expenses). Other salaries and wages came to $107k. At year end it held assets of $263k against liabilities of $23k, net assets of $240k. It reported 6 employees.