Santa Cruz County Symphony Association

Analysis

Santa Cruz County Symphony Association is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Santa Cruz County Symphony Association reported income of $1.5m and spending of $1.4m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.5m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 184%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Cruz County Symphony Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Columbus Childrens Theatre ($1.5m), Adirondack Explorer Inc ($1.5m) and Photo Center NW ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $220k (16% of expenses). Other salaries and wages came to $569k. At year end it held assets of $1.9m against liabilities of $233k, net assets of $1.7m. It reported 225 employees.