Symphony Orchestra Of Northwest Arkansas

Organization Overview

Symphony Orchestra Of Northwest Arkansas is located in Fayetteville, AR. The organization was established in 1977. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Symphony Orchestra Of Northwest Arkansas employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Symphony Orchestra Of Northwest Arkansas 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, Symphony Orchestra Of Northwest Arkansas generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 5.2% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SONA BRINGS GREAT MUSIC TO LIFE IN NORTHWEST ARKANSAS. SONA WILL BE RECOGNIZED AS A TRAILBLAZING ORCHESTRA AS IT: EXPANDS THE POSSIBILITIES OF WHAT AN ORCHESTRA CAN BE; CHANGES LIVES BY INCREASING INTEREST AND EQUITY IN THE ARTS THROUGH OUTREACH, EDUCATION, COLLABORATION AND PERFORMANCE; CREATIVELY HONORS THE PAST, PRESENT AND FUTURE OF OUR ARTFORM, FOSTERING THE HIGHEST LEVELS OF ARTISTIC EXPRESSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SONA BRINGS GREAT MUSIC TO LIFE IN NORTHWEST ARKANSAS. SONA WILL BE RECOGNIZED AS A TRAILBLAZING ORCHESTRA AS IT: EXPANDS THE POSSIBILITIES OF WHAT AN ORCHESTRA CAN BE; CHANGES LIVES BY INCREASING INTEREST AND EQUITY IN THE ARTS THROUGH OUTREACH, EDUCATION, COLLABORATION AND PERFORMANCE; CREATIVELY HONORS THE PAST, PRESENT AND FUTURE OF OUR ARTFORM, FOSTERING THE HIGHEST LEVELS OF ARTISTIC EXPRESSION.


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Board, Officers & Key Employees

Name (title)Compensation
Jack Cleghorn
Vice-Chair
$0
Drew Hutchison
Treasurer
$0
Mike Russell
Chair
$0
Marti Sudduth
Secretary
$0
Hannah Breden
Director
$0
Monique Carswell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$24,370
Related organizations$0
Government grants $296,149
All other contributions, gifts, grants, and similar amounts not included above$614,041
Noncash contributions included in lines 1a–1f $61,640
Total Revenue from Contributions, Gifts, Grants & Similar$934,560
Total Program Service Revenue$306,377
Investment income $7,945
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$49,526
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,199,356

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Symphony Orchestra Of Northwest Arkansas has recieved totaling $188,000.

Awarding OrganizationAmount
Walton Family Foundation Inc

Bentonville, AR

PURPOSE: TO SUPPORT PROGRAMMING AND CONTINUED ORGANIZATIONAL CAPACITY BUILDING.

$90,000
Wal-Mart Foundation

Bentonville, AR

PURPOSE: NORTHWEST ARKANSAS

$29,000
Alice L Walton Foundation

Bentonville, AR

PURPOSE: GENERAL OPERATING SUPPORT - ARTS/CULTURE

$25,000
Bozie Foundation

Bentonville, AR

PURPOSE: ARTS-MUSIC

$20,000
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
Wal-Mart Foundation

Bentonville, AR

PURPOSE: EXECUTIVE MATCHING GIFT PROGRAM

$6,000
View Grant Recipient Profile

Endowment Analysis

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