Wichita Falls Symphony League
- Assets
- $67.2k
- Revenue
- $14.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita Falls, TX
- Founding
- 04/1975
- Data as of
- 05/2022
- EIN
- 23-7412638
Organization Overview
Wichita Falls Symphony League is located in Wichita Falls, TX. The organization was established in 1975. 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. Wichita Falls Symphony League 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 05/2022, Wichita Falls Symphony League generated $14.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $33.0k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION EXISTS TO SUPPORT THE WICHITA FALLS SYMPHONY ORCHESTRA AND TO PROMOTE COMMUNITY SUPPORT FOR CULTURAL AND MUSICAL ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROMOTED CULTURAL ACTIVITIES AND THE APPRECIATION OF MUSIC BY PROVIDING DIRECT AND INDIRECT SUPPORT TO THE WICHITA FALLS SYMPHONY ORCHESTRA WHICH IS A NON-RELATED PUBLICLY SUPPORTED NONPROFIT ORGANIZATION.
THE ORGANIZATION ENCOURAGED AND SUPPORTED YOUNG MUSICIANS THROUGH SCHOLARSHIP AWARDS TO ELIGIBLE STUDENTS. THE SCHOLARSHIPS WERE AWARDED TO THE WINNERS OF OPEN COMPETITIONS IN FOUR MUSICAL GENRES WHICH WERE JUDGED BY INDEPENDENT JUDGES WHO ARE NOT DIRECTLY CONNECTED TO THE ORGANIZATION. SCHOLARSHIPS WERE AWARDED TO TWELVE INDIVIDUALS AND RANGED FROM $100 TO $300 EACH. THE SCHOLARSHIPS THAT WERE AWARDED ARE TO BE USED BY THE STUDENTS TO HELP DEFRAY THEIR EXPENSES RELATING TO MUSICAL AND CULTURAL PROGRAMS OF STUDY.
THE ORGANIZATION ENCOURAGED PARTICIPATION IN CULTURAL AND MUSICAL ACTIVITIES BY YOUNG PEOPLE BY PROVIDING INDIRECT SUPPORT TO THE WICHITA FALLS YOUTH SYMPHONY ORCHESTRA. THE YOUTH SYMPHONY ORCHESTRA IS A NON-RELATED PUBLICLY SUPPORTED NONPROFIT ORGANIZATION THAT USED THE SUPPORT FOR GENERAL EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Baucus Director | Trustee | 0 | $0 |
Susan Bahr Director | Trustee | 0 | $0 |
Genie Ratliff Secretary | OfficerTrustee | 5 | $0 |
Allan Jirik Treasurer | OfficerTrustee | 5 | $0 |
Ann Hunter X Vice President | OfficerTrustee | 5 | $0 |
Vivian Wolfe President | OfficerTrustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,925 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,240 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,165 |
| Total Program Service Revenue | $0 |
| Investment income | $503 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $768 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,436 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,000 |
| Grants and other assistance to domestic individuals. | $2,700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $235 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $200 |
| Office expenses | $100 |
| Information technology | $278 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $32,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,660 |
| Savings and temporary cash investments | $54,523 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $67,183 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $67,183 |
| Total liabilities and net assets/fund balances | $67,183 |
Grants Awarded
Over the last fiscal year, Wichita Falls Symphony League has awarded $0 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WICHITA FALLS SYMPHONY ORCHESTRA PURPOSE: SUPPORT | $0 |
WICHITA FALLS YOUTH SYMPHONY PURPOSE: SUPPORT | $0 |