Durham Symphony Incorporated
- Assets
- $73.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 05/1977
- Data as of
- 06/2023
- EIN
- 56-1162641
Organization Overview
Durham Symphony Incorporated is located in Durham, NC. The organization was established in 1977. 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. Durham Symphony Incorporated 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, Durham Symphony Incorporated generated $88.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $94.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE DURHAM SYMPHONY PROVIDED WEEKLY ONLINE RECORDED PERFORMANCES OF PAST PERFORMANCES OF THE DURHAM SYMPHONY WITH NOTES FROM THE CONDUCTOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Bolt Secretary | 10 | $1,400 | |
John Ralston Treasurer | 10 | $0 | |
William Curry Music Director | 40 | $17,402 | |
Laura Manning Director | 10 | $4,280 | |
Dorothy Browne Director | 2 | $0 | |
Erin Denning Director | 10 | $2,870 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,527 |
| Total Program Service Revenue | $9,965 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,492 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $74,068 |
| Occupancy, rent, utilities, and maintenance | $8,008 |
| Printing, publications, postage, and shipping | $2,149 |
| Other expenses | $9,877 |
| Total expenses | $94,102 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,599 |
| Other assets | $0 |
| Total assets | $73,604 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,604 |