West Virginia Symphony Orchestra Inc

Organization Overview

West Virginia Symphony Orchestra Inc is located in Charleston, WV. 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 06/2022, West Virginia Symphony Orchestra Inc employed 195 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Virginia 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 06/2022, West Virginia Symphony Orchestra Inc generated $2.4m 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 (5.5%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE WEST VIRGINIA SYMPHONY ORCHESTRA MAKES GREAT MUSIC TO ENRICH AND INSPIRE EVERYONE IN OUR REGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SYMPHONIC CONCERTS THROUGHOUT WEST VIRGINIA AT A MINIMAL COST TO ATTENDEES, REACH AUDIENCES THAT OTHERWISE WOULD NOT HAVE THE OPPORTUNITY TO HEAR LIVE CLASSICAL MUSIC. ALL REVENUES SUPPORT PERFORMANCES.


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Board, Officers & Key Employees

Name (title)Compensation
Joe Tackett
President & Ceo, And Ex-Of
$132,223
Lawrence Loh
Artistic Director & Conduc
$110,750
Cindy S Mcghee
Chairman
$0
Tim Quinlan
Treasurer
$0
James W Douglas
Secretary
$0
Emilie Love
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$79,892
Related organizations$175,000
Government grants $146,361
All other contributions, gifts, grants, and similar amounts not included above$1,380,113
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,781,366
Total Program Service Revenue$628,573
Investment income $9,850
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$56,527
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,378,375

Grants Recieved

Over the last fiscal year, we have identified 4 grants that West Virginia Symphony Orchestra Inc has recieved totaling $449,459.

Awarding OrganizationAmount
Greater Kanawha Valley Foundation

Charleston, WV

PURPOSE: GENERAL SUPPORT

$381,479
Fund For The Arts Inc

Charleston, WV

PURPOSE: TO SUPPORT & FOSTER ARTISTIC ENDEAVORS

$32,780
Parkersburg Area Community Foundation Inc

Parkersburg, WV

PURPOSE: ARTS, CULTURE, & HISTORY

$23,100
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$12,100
View Grant Recipient Profile

Endowment Analysis

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