Canton Symphony Orchestra Association
- Assets
- $9.3m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 145
- Location
- Canton, OH
- Founding
- 02/1958
- Data as of
- 06/2021
- EIN
- 34-6533119
Organization Overview
Canton Symphony Orchestra Association is located in Canton, OH. The organization was established in 1958. 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, Canton Symphony Orchestra Association employed 145 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canton Symphony Orchestra Association 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, Canton Symphony Orchestra Association generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $969.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 6 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
PERFORMANCE OF CULTURAL AND EDUCATIONAL MUSIC PERFORMANCES FOR ADULTS AND SCHOOL CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL-- CLASSICAL, OUTREACH, AND POPS CONCERTS. PRESENTATION OF THESE CONCERTS MAKES QUALITY PERFORMANCE OF LIVE MUSIC ACCESSIBLE AS A CULTURAL RESOURCE FOR PRIMARILY ADULT AUDIENCES, INCLUDING INTRODUCTION OF ADULTS TO CLASSICAL MUSIC. THERE WERE 35 PERFORMANCES FOR 10,000 ATTENDEES DURING THE YEAR.
EDUCATIONAL-- YOUNG PEOPLE'S CONCERT, KINDER CONCERTS, ENSEMBLE LECTURE/DEMONSTRATIONS, AND YOUTH SYMPHONY. THESE PERFORMANCES PROVIDE AN EDUCATIONAL RESOURCE TO SCHOOL CHILDREN IN NORTHEAST OHIO. CHILDREN LEARN HOW INSTRUMENTS WORK, SOUND, AND PERFORM TOGETHER AS THEY RECEIVE THEIR FIRST EXPOSURE TO CLASSICAL MUSIC. THERE WERE 9 PERFORMANCES FOR 10,292 ATTENDEES DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Charles President & CEO | OfficerTrustee | 40 | $84,500 |
Janet B Baker Recorder | OfficerTrustee | 0.5 | $0 |
Gail I Martino Chair | OfficerTrustee | 2 | $0 |
Kathy Smithberger Treasurer | OfficerTrustee | 0.5 | $0 |
William P Blair III Trustee | Trustee | 0.5 | $0 |
Linda M Casey Chair - Administration | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $139,324 |
| All other contributions, gifts, grants, and similar amounts not included above | $734,715 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $874,039 |
| Total Program Service Revenue | $29,072 |
| Investment income | $87,545 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,950 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,239 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,032,805 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $79,170 |
| Compensation of current officers, directors, key employees. | $79,170 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $354,185 |
| Pension plan accruals and contributions | $2,602 |
| Other employee benefits | $21,488 |
| Payroll taxes | $30,648 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,314 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,932 |
| Fees for services: Other | $0 |
| Advertising and promotion | $17,514 |
| Office expenses | $6,848 |
| Information technology | $40,726 |
| Royalties | $0 |
| Occupancy | $21,633 |
| Travel | $5,235 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $237 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $153,724 |
| Insurance | $12,592 |
| All other expenses | $19,162 |
| Total functional expenses | $968,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $521,870 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $141,416 |
| Accounts receivable, net | $5,916 |
| 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 | $1,218 |
| Net Land, buildings, and equipment | $3,757,363 |
| Investments—publicly traded securities | $4,908,212 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,747 |
| Total assets | $9,342,742 |
| Accounts payable and accrued expenses | $37,727 |
| 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 | $139,322 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $177,049 |
| Net assets without donor restrictions | $5,577,123 |
| Net assets with donor restrictions | $3,588,570 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $9,342,742 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Canton Symphony Orchestra Association has recieved totaling $75,138.
| Awarding Organization | Amount |
|---|---|
Stark Community Foundation Inc Canton, OH PURPOSE: GENERAL SUPPORT | $23,918 |
Henry And Louise Timken Foundation Canton, OH PURPOSE: GENERAL SUPPORT | $15,000 |
Greater Alliance Foundation Inc Alliance, OH PURPOSE: ARTS & CULTURE | $7,850 |
Stark County Convention And Visitors Bureau Canton, OH PURPOSE: ARTS & CULTURAL TOURISM | $7,500 |
Fisher Renkert Foundation Canton, OH PURPOSE: PROGRAM GRANT | $6,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $5,750 |
Endowment Analysis
| Beg. Balance | $4,908,212 |
| Earnings | -$453,782 |
| Net Contributions | $29,626 |
| Other Expense | $208,595 |
| Ending Balance | $4,275,461 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Musical Arts Association Cleveland, OH | $284,635,926 | $54,210,898 |
Cincinnati Symphony Orchestra Cincinnati, OH | $298,354,425 | $55,153,223 |
Philadelphia Orchestra Association Philadelphia, PA | $211,538,479 | $41,118,272 |
Detroit Symphony Orchestra Hall Inc Detroit, MI | $97,503,520 | $29,874,628 |
Pittsburgh Symphony Inc Pittsburgh, PA | $194,466,393 | $30,739,984 |
Grand Rapids Symphony Society Grand Rapids, MI | $6,657,585 | $10,068,479 |
Indiana Symphony Society Inc Indianapolis, IN | $13,063,766 | $26,550,940 |
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
Columbus Symphony Orchestra Inc Columbus, OH | $23,849,025 | $7,378,126 |
Fort Wayne Philharmonic Orchestra Inc Fort Wayne, IN | $27,926,694 | $5,947,084 |
Dayton Performing Arts Alliance Dayton, OH | $10,536,333 | $6,130,805 |
Kalamazoo Symphony Orchestra Kalamazoo, MI | $22,806,442 | $2,938,902 |