Topeka Symphony Society
- Assets
- $1.6m
- Revenue
- $500.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Topeka, KS
- Founding
- 12/1958
- Data as of
- 05/2020
- EIN
- 48-6108081
Organization Overview
Topeka Symphony Society is located in Topeka, KS. The organization was established in 1958. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2021, Topeka Symphony Society employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Topeka Symphony 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 05/2020, Topeka Symphony Society generated $500.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $472.4k during the year ending 05/2020. As we would expect to see with falling revenues, expenses have declined by (2.9%) 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
MUSIC APPRECIATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FOR AND UNDERWRITE THE COST OF THE TOPEKA SYMPHONY, THE YOUTH ORCHESTRA, THE SYMPHONY CHORUS, AND TO PROVIDE SCHOLARSHIPS TO MUSIC STUDENTS AT WASHBURN UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Taylor Treasurer | OfficerTrustee | 2 | $0 |
Michelle Ewert President El | OfficerTrustee | 2 | $0 |
Michael Morrison President | OfficerTrustee | 2 | $0 |
Amanda Niemann Secretary | OfficerTrustee | 2 | $0 |
Bill Mcdonald Board Member | Trustee | 2 | $0 |
Peg Mccarthy Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $251,901 |
| Investment income | $1,338 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,504 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $500,770 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $41,923 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,813 |
| Payroll taxes | $5,412 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,274 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $6,601 |
| All other expenses | $0 |
| Total functional expenses | $472,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,320 |
| Savings and temporary cash investments | $24,439 |
| 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 | $4,154 |
| Investments—publicly traded securities | $1,399,565 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,000 |
| Total assets | $1,624,478 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $57,200 |
| 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 | $16,674 |
| Total liabilities | $73,874 |
| 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 | $1,550,604 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Topeka Symphony Society has recieved totaling $61,142.
| Awarding Organization | Amount |
|---|---|
Topeka Community Foundation Topeka, KS PURPOSE: ARTS, CULTURE | $50,131 |
Redbud Foundation Topeka, KS PURPOSE: TO ENCOURAGE AND CULTIVATE APPRECIATION AND SUPPORT FOR FINE MUSIC IN NORTHEAST KANSAS. GRANT EARMARKED FOR YOUTH SYMPHONY CONCERTS AND SCHOOL DAYS CONCERTS. | $11,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Endowment Analysis
| Beg. Balance | $1,399,565 |
| Earnings | $536,164 |
| Admin Expense | $8,168 |
| Net Contributions | $31,014 |
| Other Expense | $89,835 |
| Ending Balance | $1,868,740 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Net Foundation For Television Lincoln, NE | $25,243,567 | $5,881,957 |
Allied Arts Of Oklahoma Inc Oklahoma City, OK | $9,236,321 | $5,698,295 |
Civic Center Foundation Oklahoma City, OK | $10,342,313 | $5,787,753 |
Richard J Stern Foundation For The Arts Kansas City, MO | $50,258,336 | $4,476,999 |
Kim Foundation Omaha, NE | $13,392,339 | $1,364,269 |
Redbud Foundation Topeka, KS | $13,980,299 | $14,104,221 |
Community Capital Fund Kansas City, MO | $1,497,991 | $1,400,960 |
Heritage Services Omaha, NE | $5,191,570 | $1,133,044 |
Fox Family Foundation Denver, CO | $12,191,378 | $91,435 |
Boulder County Arts Alliance Inc Boulder, CO | $1,719,449 | $738,914 |
Sidney & Bobette Guller Family Foundation Chesterfield, MO | $4,106,715 | $2,073,886 |
Omaha Philanthropic Trust Omaha, NE | $1,425,885 | $60,183 |