The Germantown Symphony Orchestra
- Assets
- $73.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Germantown, TN
- Founding
- 05/1987
- Data as of
- 06/2021
- EIN
- 62-1018186
Organization Overview
The Germantown Symphony Orchestra is located in Germantown, TN. The organization was established in 1987. 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. Germantown Symphony Orchestra 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 06/2021, Germantown Symphony Orchestra generated $6.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $2.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
PUBLIC PERFORMANCE OF SYMPHONIC MUSIC FOR THE BENEFIT OF THE CITIZENS OF GERMANTOWN, TN, SHELBY COUNTY, TN, AND THE GREATER MID SOUTH AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennie D Latta President | 20 | $0 | |
Frank Anthony Secretary | 5 | $0 | |
Tracey Pera Sanders Vice President | 5 | $0 | |
William Crom Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,552 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $292 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $200 |
| Other Revenue | $1,125 |
| Total Revenue | $6,169 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,379 |
| Total expenses | $2,879 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,286 |
| Other assets | $0 |
| Total assets | $73,150 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
Virginia Symphony Orchestra Norfolk, VA | $5,267,903 | $8,191,490 |
Richmond Symphony Richmond, VA | $2,392,826 | $8,372,945 |
Knoxville Symphony Society Inc Knoxville, TN | $1,484,079 | $3,960,669 |
Memphis Symphony Orchestra Inc Memphis, TN | $6,274,797 | $4,582,397 |
Alabama Symphonic Association Inc Birmingham, AL | $2,772,905 | $5,743,069 |
Greensboro Symphony Orchestra Incorporated Greensboro, NC | $1,104,196 | $3,569,093 |
Winston Salem Symphony Assoc Winstonsalem, NC | $6,175,789 | $3,471,563 |
Augusta Symphony Inc Augusta, GA | $19,725,932 | $3,708,047 |
Chattanooga Symphony And Opera Association Chattanooga, TN | $2,736,698 | $2,680,505 |
The Arkansas Symphony Orchestra Society Inc Little Rock, AR | $14,211,799 | $5,063,125 |
Mobile Symphony Inc Mobile, AL | $1,270,022 | $2,012,590 |