Arkansas Symphony Orchestra Foundation

Organization Overview

Arkansas Symphony Orchestra Foundation is located in Little Rock, AR. The organization was established in 1993. 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. Arkansas Symphony Orchestra Foundation 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, Arkansas Symphony Orchestra Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 37.1% each year . All expenses for the organization totaled $398.4k during the year ending 06/2021. While expenses have increased by 12.9% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION HOLDS ENDOWMENT FUNDS TO SUPPORT THE PROGRAMS OF THE ARKANSAS SYMPHONY ORCHESTRA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SUPPORT FOR THE ARKANSAS SYMPHONY ORCHESTRA SOCIETY, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Elizabeth Andreoli
Secretary
$0
John Rowland
President
$0
Frederick Adkins
Vp/treasurer
$0
Meredith Catlett
Director
$0
Dora Jane Flesher
Director
$0
Brigita Gardner
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$83,974
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$83,974
Total Program Service Revenue$0
Investment income $136,189
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,859,513

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Arkansas Symphony Orchestra Foundation has recieved totaling $168,460.

Awarding OrganizationAmount
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: GENERAL OPERATING SUPPORT

$138,210
Cindy And Chip Murphy Foundation

Little Rock, AR

PURPOSE: TO BE USED TO FULFILL THE ORGANIZATION'S MISSION IN CONNECTING, ENRICHING, INSPIRING AND ADVANCING ARKANSAS THROUGH THE POWER OF MUSIC.

$15,000
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: DONATION TO OPERATING FUND

$10,000
Bass Family Charitable Foundation

Little Rock, AR

PURPOSE: GENERAL FUND - MUSIC EDUCATION

$5,000
Lpl Financial Foundation Inc

Boston, MA

PURPOSE: OPERATIONAL SUPPORT

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,407,506
Earnings$1,775,539
Admin Expense$56,149
Net Contributions$83,974
Grants$342,211
Ending Balance$8,868,659

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