San Bernardino Symphony Association

Analysis

San Bernardino Symphony Association is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in September 1967, 59 years ago. 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, San Bernardino Symphony Association reported income of $1.3m and spending of $1.1m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $494k to $1.3m (+155%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 313%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Bernardino Symphony Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Gaining Ground Inc ($1.3m), New Day Childrens Center Inc ($1.3m) and Boston Library Consortium ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 8.7% of the total. Other salaries and wages came to $55k. At year end it held assets of $2.5m against liabilities of $64k, net assets of $2.5m. It reported 20 employees.