Eugene Springfield Youth Orchestras

Analysis

Eugene Springfield Youth Orchestras is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in February 1961, 65 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, Eugene Springfield Youth Orchestras reported income of $551k and spending of $361k, leaving 34% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $544k to $551k (+1.3%), an average of +0.4% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eugene Springfield Youth Orchestras sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OR. Charities of a similar size with the same main cause include Chicago Art Department ($551k), Little Lake Theatre Company ($551k) and Lancaster New York Opera House Inc ($551k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $96k (27% of expenses). Other salaries and wages came to $136k. At year end it held assets of $1.8m against liabilities of $128k, net assets of $1.6m. It reported 21 employees.