Olympia Philharmonic Society
- Assets
- $52.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arcadia, CA
- Founding
- 07/1989
- Data as of
- 12/2021
- EIN
- 33-0329346
Organization Overview
Olympia Philharmonic Society is located in Arcadia, CA. The organization was established in 1989. 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. Olympia Philharmonic Society 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 12/2021, Olympia Philharmonic Society generated $27.1k 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 (8.7%) each year. All expenses for the organization totaled $18.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.3%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
PRESENTING TO THE COMMUNITY WITH CLASSICAL MUSIC IN THE FORM OF SYMPHONIC ORCHESTRA CONCERTS. ALSO GIVING THE MEMBERS THE OPPORTUNITIES OF MUSIC RESEARCH AND COMPOSITONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fung Ho President & CEO | 10 | $0 | |
I-Kuan Wu Treasurer | 1 | $0 | |
Paul Luke Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,100 |
| 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 | $1,110 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,082 |
| Other expenses | $16,694 |
| Total expenses | $18,886 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,089 |
| Other assets | $0 |
| Total assets | $52,089 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,089 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Olympia Philharmonic Society has recieved totaling $26,500.
| Awarding Organization | Amount |
|---|---|
Hennings-Fischer Foundation Anaheim, CA PURPOSE: GENERAL FUND | $15,000 |
Colburn Foundation Beverly Hills, CA PURPOSE: SUPPORT OF THE CLASSICAL ARTS | $7,250 |
Organization Name not Listed PURPOSE: GENERAL OPERATIONS | | $3,750 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Diego Symphony Foundation San Diego, CA | $121,018,561 | $925,945 |
Philharmonia Baroque Orchestra & Chorale San Francisco, CA | $8,005,058 | $4,824,687 |
Santa Rosa Symphony Association Santa Rosa, CA | $23,001,628 | $6,302,463 |
Tucson Symphony Society Tucson, AZ | $15,428,177 | $6,501,284 |
Phoenix Symphony Association Phoenix, AZ | $1,368,252 | $4,890,998 |
Pasadena Symphony Association Pasadena, CA | $11,596,205 | $5,563,647 |
Santa Barbara Symphony Orchestra Association Santa Barbara, CA | $1,028,763 | $2,763,199 |
The Los Angeles Chamber Orchestra Society Inc Los Angeles, CA | $5,194,806 | $3,490,076 |
Eugene Symphony Association Inc Eugene, OR | $630,258 | $3,023,786 |
Hawaii Symphony Orchestra Honolulu, HI | $1,894,808 | $3,427,588 |
Philharmonic Society Of Orange County Irvine, CA | $2,790,910 | $2,557,738 |
San Diego Youth Symphony San Diego, CA | $3,933,341 | $2,245,854 |