Palo Alto Chamber Orchestra

Analysis

Palo Alto Chamber Orchestra is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in February 2015, 11 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 2024, Palo Alto Chamber Orchestra reported income of $471k and spending of $525k, spending 111% of what it took in. Across the 6 years on record, from August 2019 to June 2024, income fell from $533k to $471k (-12%), an average of -2.5% a year. The sharpest change came in the year to August 2021, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Palo Alto Chamber Orchestra sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Cherokee Historical Association Inc ($471k), Paideia Inc ($471k) and Gainesville Chamber Orchestra Inc ($471k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 55% of the total. Other salaries and wages came to $239k. At year end it held assets of $756k against liabilities of $137k, net assets of $619k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.