Burbank Philharmonic Orchestra

Analysis

Burbank Philharmonic Orchestra is a registered charity in United States, based in Agoura Hills, CA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Burbank Philharmonic Orchestra reported income of $115k and spending of $109k, spending 95% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $65k to $115k (+77%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Burbank Philharmonic Orchestra sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Friends of Sakonnet Lighthouse Inc ($115k), Buddhist Assciation of Pennsylvania ($115k) and Parkinsons Wellness Project Inc ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (9.4% of expenses). Other salaries and wages came to $47k. At year end it held assets of $63k against liabilities of $138, net assets of $63k. It reported 67 employees.