Marin Symphony Assn

Analysis

Marin Symphony Assn is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in December 1953, 73 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, Marin Symphony Assn reported income of $2.9m and spending of $2.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.9m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2021, when income rose by 194%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marin Symphony Assn sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Riverpark Center Inc ($2.9m), Jazz St Louis ($2.9m) and Orange Show Foundation ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $148k (5.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $7.4m against liabilities of $425k, net assets of $7.0m. It reported 277 employees.