South Arkansas Symphony Society is located in El Dorado, AR. 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. South Arkansas Symphony Society 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 06/2023, South Arkansas Symphony Society generated $182.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $212.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
PERFORM SIX CONCERTS DURING THE FISCAL YEAR
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Eckart Treasurer | 1 | $0 | |
Daryl Chattelain Vice President | 1 | $0 | |
Paula Terry Secretary | 1 | $0 | |
Drew Sheppard President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,859 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,963 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $182,822 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,532 |
| Professional fees and other payments to independent contractors | $89,890 |
| Occupancy, rent, utilities, and maintenance | $4,800 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $67,653 |
| Total expenses | $212,875 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $170,726 |
| Other assets | $0 |
| Total assets | $170,726 |
| Total liabilities | $0 |
| Net assets or fund balances | $170,726 |