Phoenix Symphony Association
- Assets
- $1.4m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 189
- Location
- Phoenix, AZ
- Founding
- 10/1947
- Data as of
- 06/2021
- EIN
- 86-6000134
Organization Overview
Phoenix Symphony Association is located in Phoenix, AZ. The organization was established in 1947. 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 06/2021, Phoenix Symphony Association employed 189 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phoenix Symphony Association 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, Phoenix Symphony Association generated $4.9m 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 (12.6%) each year. All expenses for the organization totaled $4.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (16.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE THE JOY OF MUSIC AS A CATALYST IN HELPING ARIZONA TO BECOME THE BEST PLACE IN AMERICA TO WORK AND LIVE. WE WILL DO THIS BY CREATING HIGH QUALITY MUSICAL EXPERIENCES TO FEED THE SOULS OF OUR RESIDENTS, TO BOLSTER THE CULTURAL ECONOMY, AND TO EDUCATE AND STRENGTHEN OUR NEXT GENERATION RESULTING IN A CREATIVE WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SYMPHONY PERFORMS MUSIC PROVIDING A DIVERSE REPERTOIRE TO AUDIENCES STATEWIDE. THE PHOENX SYMPHONY ASSOCIATION SERVES MORE THAN 300,000 PEOPLE ANNUALLY AT PHOENIX SYMPHONY HALL AND OTHER PERFORMING ARTS CENTERS AROUND THE STATE OF ARIZONA. OUR REPERTOIRE INCLUDES CLASSICS, POPS, AND CHAMBER CONCERTS AND POPS SERIES FEATURING WORLD-CLASS CONDUCTORS AND GUEST ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Wilson President/ceo | Officer | 40 | $139,423 |
Kate Francis VP Development | Officer | 40 | $93,654 |
Susan W Haag VP Finance | Officer | 40 | $84,667 |
Molly Defilippis Board Chair | OfficerTrustee | 1 | $0 |
Lon Babby Vice Chair, Nominating | OfficerTrustee | 1 | $0 |
Aidan Mcsheffrey Vice Chair, Audit Committee | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tito Munoz Conductor Services | 6/29/21 | $107,115 |
Esser Design Consulting | 6/29/21 | $105,253 |
Capacity Interactive Consulting Digital Marketing Consulting | 6/29/21 | $275,595 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,600 |
| Government grants | $1,604,968 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,266,251 |
| Noncash contributions included in lines 1a–1f | $253,853 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,881,819 |
| Total Program Service Revenue | $5,500 |
| Investment income | $2,196 |
| 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 | $4,890,998 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $378,897 |
| Compensation of current officers, directors, key employees. | $245,493 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,659,482 |
| Pension plan accruals and contributions | $52,422 |
| Other employee benefits | $1,102,617 |
| Payroll taxes | $144,760 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,265 |
| Fees for services: Accounting | $29,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $98,738 |
| Advertising and promotion | $72,679 |
| Office expenses | $5,476 |
| Information technology | $44,524 |
| Royalties | $0 |
| Occupancy | $92,287 |
| Travel | $12,206 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $128 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,691 |
| Insurance | $47,269 |
| All other expenses | $5,519 |
| Total functional expenses | $4,000,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $166,209 |
| Savings and temporary cash investments | $314,115 |
| Pledges and grants receivable | $656,531 |
| Accounts receivable, net | $160 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,562 |
| Prepaid expenses and deferred charges | $32,176 |
| Net Land, buildings, and equipment | $131,219 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $49,280 |
| Total assets | $1,368,252 |
| Accounts payable and accrued expenses | $662,625 |
| Grants payable | $0 |
| Deferred revenue | $1,255,816 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $700,000 |
| Other liabilities | $621,746 |
| Total liabilities | $3,240,187 |
| Net assets without donor restrictions | -$2,308,785 |
| Net assets with donor restrictions | $436,850 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,368,252 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Phoenix Symphony Association has recieved totaling $160,454.
| Awarding Organization | Amount |
|---|---|
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $106,465 |
Jewish Community Foundation Of Greater Phoenix Scottsdale, AZ PURPOSE: OPERATIONAL SUPPORT | $14,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $12,300 |
Butler Family Foundation Lake Forest, IL PURPOSE: GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION | $10,000 |
Union Pacific Foundation Omaha, NE PURPOSE: ARTS AND CULTURE | $10,000 |
Goodman-Klein-Pinckney Family Foundation Inc Rochester, NY PURPOSE: GENERAL FUND | $4,000 |
Endowment Analysis
| Beg. Balance | $1,804,052 |
| Earnings | $113,584 |
| Other Expense | $152,700 |
| Ending Balance | $1,764,936 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Diego Symphony Orchestra Association San Diego, CA | $168,111,113 | $56,683,795 |
Colorado Symphony Association Denver, CO | $12,961,781 | $18,715,868 |
Pacific Symphony Irvine, CA | $52,133,763 | $17,603,170 |
San Diego Symphony Foundation San Diego, CA | $121,018,561 | $925,945 |
Philharmonia Baroque Orchestra & Chorale San Francisco, CA | $8,005,058 | $4,824,687 |
Santa Rosa Symphony Association Santa Rosa, CA | $23,001,628 | $6,302,463 |
Tucson Symphony Society Tucson, AZ | $15,428,177 | $6,501,284 |
Phoenix Symphony Association Phoenix, AZ | $1,368,252 | $4,890,998 |
Pasadena Symphony Association Pasadena, CA | $11,596,205 | $5,563,647 |
Santa Barbara Symphony Orchestra Association Santa Barbara, CA | $1,028,763 | $2,763,199 |
The Los Angeles Chamber Orchestra Society Inc Los Angeles, CA | $5,194,806 | $3,490,076 |
Philharmonic Society Of Orange County Irvine, CA | $2,790,910 | $2,557,738 |