Anderson Symphony Orchestra Association Inc
- Assets
- $301.0k
- Revenue
- $176.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Anderson, IN
- Founding
- 10/1978
- Data as of
- 06/2021
- EIN
- 31-0940546
Organization Overview
Anderson Symphony Orchestra Association Inc is located in Anderson, IN. The organization was established in 1978. 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 06/2021, Anderson Symphony Orchestra Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anderson Symphony Orchestra Association 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 06/2021, Anderson Symphony Orchestra Association Inc generated $176.2k 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 (11.9%) each year. All expenses for the organization totaled $136.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 5 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH LIVES THROUGH BEAUTIFUL MUSIC OF HIGH ARTISTIC QUALITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANDERSON SYMPHONY ORCHESTRA HAS PRESENTED PROFESSIONAL CONCERTS IN ANDERSON SINCE 1967. THE SYMPHONY'S SEASON CONSISTS OF FIVE SUBSCRIPTION CONCERTS, A FREE SCHOOL "SYMPHONY FOR KIDS" CONCERT, AND SEVERAL OTHER COMMUNITY OUTREACH PERFORMANCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Stone Executive Di | Officer | 40 | $33,341 |
Darla Sallee Executive Di | Officer | 40 | $2,083 |
Marilyn Ault Director | Trustee | 1 | $0 |
Paula Bivens Director | Trustee | 1 | $0 |
Angela Eden Director | Trustee | 1 | $0 |
David Happe Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,828 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $176,221 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $37,565 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,874 |
| Fees for services: Management | $11,850 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,165 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,115 |
| Office expenses | $6,787 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $38 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,097 |
| Insurance | $3,811 |
| All other expenses | $0 |
| Total functional expenses | $136,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,329 |
| Savings and temporary cash investments | $15,419 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,500 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $171,728 |
| Total assets | $300,976 |
| Accounts payable and accrued expenses | $886 |
| 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 | $22,102 |
| Total liabilities | $22,988 |
| 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 |
| Total liabilities and net assets/fund balances | $277,988 |