Peninsula Youth Orchestra

Analysis

Peninsula Youth Orchestra is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in January 2001, 25 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, Peninsula Youth Orchestra reported income of $634k and spending of $570k, spending 90% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $540k to $634k (+17%), an average of +5.5% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peninsula Youth Orchestra sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Holly Theatre Community Center Inc ($634k), Wichita Childrens Theatre Inc ($634k) and Painted Bride Art Center Inc ($633k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $141k (25% of expenses). Other salaries and wages came to $167k. At year end it held assets of $633k against liabilities of $203k, net assets of $430k. It reported 4 employees.