Holland Symphony Orchestra Inc
- Assets
- $1.5m
- Revenue
- $363.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Holland, MI
- Founding
- 10/1991
- Data as of
- 04/2021
- EIN
- 38-2953082
Organization Overview
Holland Symphony Orchestra Inc is located in Holland, MI. The organization was established in 1991. 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. Holland Symphony Orchestra 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 04/2021, Holland Symphony Orchestra Inc generated $363.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $200.3k during the year ending 04/2021. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 7 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 ENGAGE PEOPLE IN MUSIC TO ENRICH THE CULTURAL LIFE OF THE COMMUNITY THROUGH CONCERTS, MUSICAL EDUCATION AND COMMUNITY COLLABORATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLLAND SYMPHONY ORCHESTRA (HS0) CREATED CONCERTS, EDUCATIONAL PROGRAMMING AND COLLABORATIVE EVENTS FOR THE FISCAL YEAR 2020-2021. EIGHT CONCERTS WERE PROGRAMMED, AND TICKETS WERE SOLD TO INCLUDE: 3 CLASSICAL, 1 HOLIDAY, 1 FAMILY, 1 CHAMBER ORCHESTRA, 1 TICKETED POPS AND 1 FREE POPS. 500 SEASON TICKETS WERE SOLD. DUE TO THE STATE OF MICHIGAN AND VENUE SHUTDOWNS CAUSED BY THE COVID 19 PANDEMIC, ALL HSO CONCERTS WERE POSTPONED UNTIL 2021-2022. 69% ROLLED OVER THEIR TICKETS TO THE NEXT YEAR, 27% DONATED THE COST OF TICKETS AND 4% WERE REFUNDED. FOUR VIRTUAL CONCERTS WERE RECORDED ON YOUTUBE WITH NO AUDIENCE AND SENT TO OUR SEASON TICKET HOLDERS AND PARENTS OF OUR YOUTH ORCHESTRA STUDENTS FREE OF CHARGE.
HOLLAND SYMPHONY ORCHESTRA CONTINUED THE CARNEGIE HALL LINK UP PROGRAM WITH 1,900 FOURTH GRADE STUDENTS AND TEACHERS FROM ALL THE LOCAL SCHOOLS WITH ITS YEAR-LONG CURRICULUM, TEACHER TRAINING SESSIONS, AND VISITING MENTORS VIA ZOOM. THE ONLY PART OF THE PROGRAM THAT DID NOT HAPPEN WAS THE FINAL CULMINATING CONCERT DUE TO COVID 19. HOWEVER, HSO DID SEND A VIDEO TO SCHOOLS OF THE CULMINATING CONCERT. TWO HOLLAND SYMPHONY YOUTH ORCHESTRA PROGRAMS CONTINUED ALL YEAR WITH STRINGS ONLY FOR THE DURATION OF THE YEAR CULMINATING IN TWO VIDEO CONCERTS SHARED WITH PARENTS VIA YOUTUBE. A SERIES OF WEEKLY VIDEOS TO KEEP IN TOUCH WITH OUR AUDIENCE WAS CREATED CALLED "INTERMISSIONS" SHARING RECORDED HSO CONCERT SELECTIONS, INTERVIEWS WITH MUSICIANS, CONDUCTOR AND STAFF, TOURS OF OUR FACILITIES, AND INDUSTRY INFORMATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kay Walvoord President & | Officer | 30 | $31,500 |
Jean Olney Chairman | OfficerTrustee | 5 | $0 |
Ann Query Vice Chairma | OfficerTrustee | 3 | $0 |
Matthew Wiebe Treasurer | OfficerTrustee | 3 | $0 |
Jan Dalman Secretary | OfficerTrustee | 3 | $0 |
Marilyn Schmidt Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $312,268 |
| Investment income | $50,910 |
| 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 | $363,692 |
| 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. | $31,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,898 |
| Office expenses | $3,490 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,835 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,250 |
| Insurance | $2,427 |
| All other expenses | $0 |
| Total functional expenses | $200,265 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,856 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,373,403 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,549,418 |
| Accounts payable and accrued expenses | $3,408 |
| Grants payable | $0 |
| Deferred revenue | $42,569 |
| 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 | $0 |
| Total liabilities | $45,977 |
| 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 | $1,503,441 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Holland Symphony Orchestra Inc has recieved totaling $36,400.
| Awarding Organization | Amount |
|---|---|
Communtiy Foundation Of The Holland Zeeland Area Holland, MI PURPOSE: ROUND 3 COMPETITIVE GRANT - LINK UP PROGRAM | $21,801 |
John And Judy Spoelhof Foundation Holland, MI PURPOSE: GENERAL OPERATIONS | $10,000 |
Samuel L Westerman Foundation Bloomfield Hills, MI PURPOSE: CHARITABLE | $2,000 |
Edward H & Diana H Marsilje Charitable Foundation Holland, MI PURPOSE: UNRESTRICTED GRANT TO GENERAL FUND | $2,000 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $450 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $149 |
Endowment Analysis
| Beg. Balance | $93,977 |
| Other Expense | $7,900 |
| Ending Balance | $86,077 |
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 |
Detroit Symphony Orchestra Hall Inc Detroit, MI | $97,503,520 | $29,874,628 |
Milwaukee Symphony Orchestra Inc Milwaukee, WI | $122,941,209 | $33,243,126 |
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 |
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 |
Madison Symphony Orchestra Inc Madison, WI | $6,807,074 | $3,792,114 |
Milwaukee Youth Symphony Orchestra Inc Milwaukee, WI | $9,958,210 | $2,491,222 |