Wayzata Symphony Orchestra
- Assets
- $38.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- 01/2010
- Data as of
- 07/2023
- EIN
- 27-0786189
Organization Overview
Wayzata Symphony Orchestra is located in Wayzata, MN. The organization was established in 2010. 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. Wayzata Symphony Orchestra 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 07/2023, Wayzata Symphony Orchestra generated $53.0k 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 (6.9%) each year. All expenses for the organization totaled $56.0k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
PRESENT CLASSICAL MUSIC CONCERTS TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Mcdonnel President | 10 | $0 | |
Ronald Frazzini Vice President | 10 | $0 | |
Miriam Dennis Board And Corporate Secretary | 5 | $0 | |
Joanne Turner Treasurer | 10 | $0 | |
Jacque Frazzini Director | 10 | $0 | |
Douglas Schmitt Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,672 |
| Total Program Service Revenue | $1,750 |
| Membership dues | $6,530 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,952 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $29,200 |
| Occupancy, rent, utilities, and maintenance | $7,502 |
| Printing, publications, postage, and shipping | $2,574 |
| Other expenses | $16,762 |
| Total expenses | $56,038 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,692 |
| Other assets | $0 |
| Total assets | $38,692 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,692 |