South Texas Symphony Association Inc

Organization Overview

South Texas Symphony Association Inc is located in Mcallen, TX. The organization was established in 1976. 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, South Texas Symphony Association Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Texas Symphony Association 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, South Texas Symphony Association Inc generated $996.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $816.5k during the year ending 05/2022. While expenses have increased by 3.8% 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 PROMOTE APPRECIATION FOR SYMPHONIC AND CHORAL MUSIC WITHIN THE GENERAL PUBLIC RESIDING IN THE LOWER RIO GRANDE VALLEY OF TEXAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTION OF MUSIC IN THE RIO GRANDE VALLEY AND THE PRODUCTION OF CONCERTS.


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Board, Officers & Key Employees

Name (title)Compensation
Katy Coy
Executive Director
$60,999
Michelle Crane
President
$0
Harry Urey Jr
Vice-President
$0
Timothy A Sers
Secretary
$0
Nina Torkelson MD
Treasurer
$0
Othal E Brand Jr
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$128,175
Related organizations$0
Government grants $355,613
All other contributions, gifts, grants, and similar amounts not included above$186,264
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$670,052
Total Program Service Revenue$329,610
Investment income $13,151
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,790
Net Income from Fundraising Events -$28,180
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $996,728

Grants Recieved

Over the last fiscal year, we have identified 2 grants that South Texas Symphony Association Inc has recieved totaling $10,714.

Awarding OrganizationAmount
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$5,357
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$5,357
View Grant Recipient Profile

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