Glendale Youth Orchestra

Analysis

Glendale Youth Orchestra is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in October 1994, 32 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, Glendale Youth Orchestra reported income of $80k and spending of $61k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $31k to $80k (+155%), an average of +155% a year. The sharpest change came in the year to June 2023, when income rose by 155%. 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, Glendale Youth Orchestra sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include British-American Youth Festival Theatre Ltd ($80k), Catharine Lorillard Wolf Art Club Inc ($80k) and Oakland Heritage Community Foundation Inc ($80k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.