Knoxville Symphony Society Inc

Organization Overview

Knoxville Symphony Society Inc is located in Knoxville, TN. The organization was established in 1950. 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 05/2022, Knoxville Symphony Society Inc employed 174 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knoxville Symphony Society 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 05/2022, Knoxville Symphony Society Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $4.1m during the year ending 05/2022. While expenses have increased by 0.8% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP AND SUSTAIN A SYMPHONY ORCHESTRA OF THE HIGHEST ARTISTIC STANDARDS AND TO REACH EAST TENNESSEE AUDIENCES OF ALL AGES BY PROVIDING EXCELLENCE IN MUSICAL PERFORMANCE AND EDUCATION PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MOXLEY CARMICHAEL MASTERWORKS SERIES - 8 CONCERTS BY THE FULL ORCHESTRA PERFORMING SYMPHONIC MASTERPIECES; 13,413 SERVED


POPS SERIES - 7 PERFORMANCES OF CONTEMPORARY MUSIC BY THE POPS ORCHESTRA AND FEATURED GUESTS; 14,930 SERVED


CHAMBER MUSIC - 5 CONCERTS BY THE CHAMBER ORCHESTRA PERFORMING CLASSICAL AND CONTEMPORARY PIECES; 3,084 SERVED


CONCERTMASTER AND Q SERIES - 9 CONCERTS; 1,143 SERVED YOUNG PEOPLES CONCERTS - PERFORMANCES BY THE ORCHESTRA FOR ELEMENTARY AND MIDDLE SCHOOL CHILDREN DESIGNED FOR MUSIC EDUCATION VARIOUS OTHER PERFORMANCES THROUGHOUT THE EAST TENNESSEE AREA FOR THE COMMUNITY


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Board, Officers & Key Employees

Name (title)Compensation
Rachel Ford
Executive Di
$136,170
Ned Smethers
Director Of
$65,688
Mardel Fehrenbach
Secretary
$0
David Colquitt
Treasurer
$0
John Winemiller
President
$0
David Ayliffe
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,008,385
All other contributions, gifts, grants, and similar amounts not included above$1,280,762
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,289,147
Total Program Service Revenue$1,428,114
Investment income $5,810
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $204,844
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,960,669

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Knoxville Symphony Society Inc has recieved totaling $613,725.

Awarding OrganizationAmount
East Tennessee Foundation

Knoxville, TN

PURPOSE: GEN/OPER SUPPORT

$519,750
Arts And Culture Alliance Of Greater Knoxville

Knoxville, TN

PURPOSE: TO SUPPORT ARTS IN THE COMMUNITY

$31,200
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: CULTURE

$15,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$14,975
Charis Foundation

Knoxville, TN

PURPOSE: GENERAL OPERATING SUPPORT

$12,500
Charis Foundation

Knoxville, TN

PURPOSE: GENERAL OPERATING SUPPORT

$12,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,379,189
Earnings$131,671
Admin Expense$33,543
Net Contributions$620,526
Other Expense$342,000
Ending Balance$7,755,843

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