Young Peoples Symphony Orchestra Association

Analysis

Young Peoples Symphony Orchestra Association is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in March 1964, 62 years ago. 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, Young Peoples Symphony Orchestra Association reported income of $346k and spending of $253k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $260k to $346k (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2022, when income rose by 179%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Peoples Symphony Orchestra Association sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Seattle Fishermen S Memorial ($346k), Grant Keime Memorial Trust ($347k) and New Mexico Music Educators Association ($346k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Other salaries and wages came to $85k. At year end it held assets of $284k against liabilities of $2,886, net assets of $282k. It reported 21 employees.