Claremont Young Musicians Orchestra

Analysis

Claremont Young Musicians Orchestra is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in June 1995, 31 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 September 2024, Claremont Young Musicians Orchestra reported income of $202k and spending of $148k, leaving 27% of income unspent that year. Across the 6 years on record, from September 2019 to September 2024, income grew from $169k to $202k (+20%), an average of +3.7% a year. The sharpest change came in the year to September 2024, when income rose by 55%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Claremont Young Musicians Orchestra sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Fadeyev Ballet Inc ($202k), Arconet ($202k) and House of Afros Capes & Curls ($202k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $18k (12% of expenses). Other salaries and wages came to $36k. At year end it held assets of $96k against liabilities of $0, net assets of $96k. It reported 2 employees.