Kokomo Symphonic Society Inc is located in Kokomo, IN. The organization was established in 1973. 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. Kokomo Symphonic Society 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 05/2024, Kokomo Symphonic Society Inc generated $182.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $187.3k during the year ending 05/2024. While expenses have increased by 9.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
TO PROVIDE THE KOKOMO COMMUNITY SYMPHONY ORCHESTRA CONCERTS THAT ARE EDUCATIONAL AND ENTERTAINING
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Bill Rowe Director | 5 | $0 | |
| Mary Rowe Director | 5 | $0 | |
| Sean Carey Director Of Youth Programs | 5 | $0 | |
| Lisa Washington Director | 5 | $0 | |
| Jill Evers Director | 5 | $0 | |
| Amy Schorm Director | 5 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,153 | 
| Total Program Service Revenue | $47,001 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $182,154 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $23,376 | 
| Professional fees and other payments to independent contractors | $78,686 | 
| Occupancy, rent, utilities, and maintenance | $4,061 | 
| Printing, publications, postage, and shipping | $8,233 | 
| Other expenses | $72,969 | 
| Total expenses | $187,325 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,478 | 
| Other assets | $0 | 
| Total assets | $39,733 | 
| Total liabilities | $24,993 | 
| Net assets or fund balances | $14,740 |