San Fernando Valley Philharmonic- Pops Orchestra Inc

Analysis

San Fernando Valley Philharmonic- Pops Orchestra Inc is a registered charity in United States, based in Woodland HLS, CA. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2023, San Fernando Valley Philharmonic- Pops Orchestra Inc reported income of $77k and spending of $88k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $77k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Fernando Valley Philharmonic- Pops Orchestra Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Music for Humanity ($77k), Deepwells Farm Historical Society ($77k) and Florida Science Olympiad Incorporated ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $8,160 against liabilities of $71k, net assets of -$63k.