Metropolitan Youth Symphony Inc

Analysis

Metropolitan Youth Symphony Inc is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in March 1983, 43 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, Metropolitan Youth Symphony Inc reported income of $194k and spending of $207k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $184k to $194k (+5.9%), an average of +5.9% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Metropolitan Youth Symphony Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within AZ. Charities of a similar size with the same main cause include Bricolage ($194k), Friends of Cottonwood Ranch Inc ($195k) and Carl Cherry Foundation ($194k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 47% of the total. At year end it held assets of -$13k against liabilities of $0, net assets of -$13k.