Oregon Symphony Association in Salem

Analysis

Oregon Symphony Association in Salem is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 1963, 63 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, Oregon Symphony Association in Salem reported income of $424k and spending of $426k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $441k to $424k (-3.9%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income rose by 184%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oregon Symphony Association in Salem sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within OR. Charities of a similar size with the same main cause include Ree & Jun Kaneko Foundation ($424k), Historic Southwest Ohio Inc ($424k) and Nederland Heritage Festival Foundation Inc ($424k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. Other salaries and wages came to $75k. At year end it held assets of $497k against liabilities of $94k, net assets of $404k.