Bloomington Symphony Orchestra Inc is located in Bloomington, IN. The organization was established in 1971. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bloomington Symphony Orchestra Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Bloomington Symphony Orchestra Inc generated $71.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $91.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROGRAM SERVICES - COMMUNITY ORCHESTRA EVENTS, INCLUDING SEASONAL CONCERTSSERVING THE BLOOMINGTON LOCAL COMMUNITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Buzzard President | 5 | $0 | |
Chuck Peters Vice President | 5 | $0 | |
Janeth Welch Treasurer | 8 | $0 | |
Alexis Witt Secretary | 5 | $0 | |
Donna Lafferty Executive Director | 8 | $0 | |
Alejandro Gomez Guillen Artistic Director | 20 | $21,000 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,677 |
| Total Program Service Revenue | $22,456 |
| Membership dues | $0 |
| Investment income | $3,328 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,019 |
| Other Revenue | $0 |
| Total Revenue | $71,480 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,681 |
| Professional fees and other payments to independent contractors | $14,125 |
| Occupancy, rent, utilities, and maintenance | $12,646 |
| Printing, publications, postage, and shipping | $1,194 |
| Other expenses | $26,685 |
| Total expenses | $91,331 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $126,871 |
| Other assets | $0 |
| Total assets | $129,881 |
| Total liabilities | $11,954 |
| Net assets or fund balances | $117,927 |