Merced Symphony Association

Analysis

Merced Symphony Association is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in November 1972, 54 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 May 2024, Merced Symphony Association reported income of $93k and spending of $96k, spending 103% of its income. Across the 2 years on record, from May 2022 to May 2024, income fell from $113k to $93k (-18%), an average of -18% a year. The sharpest change came in the year to May 2024, when income dropped by 18%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Merced Symphony Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Internet Infidels Inc ($93k), Maasai Cultural Conservation Foundation ($93k) and Eicher Arts Center Inc ($93k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $2,310 against liabilities of $0, net assets of $2,310.