Springfield Symphony Orchestra Inc is located in Springfield, MO. The organization was established in 1963. 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 06/2023, Springfield Symphony Orchestra Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springfield 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 06/2023, Springfield Symphony Orchestra Inc generated $972.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $1.0m during the year ending 06/2023. While expenses have increased by 2.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND PRESENT THE SPRINGFIELD SYMPHONY ORCHESTRA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTATION OF SYMPHONY CONCERT PERFORMANCES THROUGHOUT THE YEAR.REVENUE RECOGNIZED BY THE SYMPHONY DURING FY2023 IS AS FOLLOWS: TICKET SALES $ 383,249 CONCERT UNDERWRITING 150,983 EDUCATIONAL OUTREACH 67,237 PROGRAM ADVERTISING 7,410 CONTRACT PERFORMANCES 48,192 TOTAL $ 657,071
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Jennifer Cotner Jones Executive Director | 40 | $71,487 | |
| Raylene Appleby President | OfficerTrustee | 0 | $0 | 
| Bob Hammerschmidt Secretary | OfficerTrustee | 0 | $0 | 
| Bridgete Leonard Director | Trustee | 0 | $0 | 
| Daniel Wooten Director | Trustee | 0 | $0 | 
| Jean Bardy Director | Trustee | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $2,975 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $24,780 | 
| All other contributions, gifts, grants, and similar amounts not included above | $120,064 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,819 | 
| Total Program Service Revenue | $657,071 | 
| Investment income | $65,423 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $19,899 | 
| Net Income from Fundraising Events | $81,278 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $971,982 | 
| 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. | $71,487 | 
| Compensation of current officers, directors, key employees. | $35,743 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $232,114 | 
| Pension plan accruals and contributions | $5,697 | 
| Other employee benefits | $34,888 | 
| Payroll taxes | $21,153 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $0 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $23,828 | 
| Fees for services: Other | $0 | 
| Advertising and promotion | $48,192 | 
| Office expenses | $61,607 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $10 | 
| 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 | $6,282 | 
| Insurance | $0 | 
| All other expenses | $93,056 | 
| Total functional expenses | $1,023,927 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 | 
| Savings and temporary cash investments | $494,338 | 
| 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 | 
| Net Land, buildings, and equipment | $83,175 | 
| Investments—publicly traded securities | $0 | 
| Investments—other securities | $2,255,500 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $313,207 | 
| Total assets | $3,146,420 | 
| Accounts payable and accrued expenses | $37,553 | 
| Grants payable | $0 | 
| Deferred revenue | $150,330 | 
| 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 | $187,883 | 
| Net assets without donor restrictions | $1,578,844 | 
| Net assets with donor restrictions | $1,379,693 | 
| 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 | $3,146,420 |