Cascade Symphony Orchestra Inc
- Assets
- $539.6k
- Revenue
- $173.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Edmonds, WA
- Founding
- 05/2001
- Data as of
- 06/2023
- EIN
- 91-2072869
Organization Overview
Cascade Symphony Orchestra Inc is located in Edmonds, WA. The organization was established in 2001. 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. Cascade Symphony Orchestra 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 06/2023, Cascade Symphony Orchestra Inc generated $173.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $169.5k during the year ending 06/2023. While expenses have increased by 9.7% per year over the past 3 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CASCADE SYMPHONY EXISTS TO NOURISH ITS MUSICIANS AND THE COMMUNITY BY PROVIDING INSPIRING PERFORMANCES OF OUTSTANDING MUSIC, EDUCATIONAL OUTREACH TO CHILDREN, OPPORTUNITIES FOR YOUNG MUSICIANS TO PLAY WITH THE ORCHESTRA, COLLEGE SCHOLARSHIPS, & TUITION ASSISTANCE FOR SUMMER MUSIC SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASCADE SYMPHONY PROVIDES A SERIES OF HIGH-QUALITY MUSIC CONCERTS FOR THE PUBLIC. THE CONCERTS ARE HIGH-ENERGY, ENGAGING, AND AFFORDABLE AND REGULARLY ATTRACT A LARGE AND SUPPORTIVE CROWD OF COMMUNITY MEMBERS. EACH CONCERT HAS A CAPACITY OF 700 ATTENDEES, AND IN NON-COVID SEASONS, REGULARLY ARE SOLD OUT. CASCADE SYMPHONY CONCERTS FEATURE AN EDUCATIONAL PRE-CONCERT LECTURE, A PERFORMANCE BY A WELL-REGARDED SOLOIST OR SOLOISTS, AND A POST-CONCERT RECEPTION.
PROVIDES OPPORTUNITIES FOR MORE THAN 80 VOLUNTEER, AMATEUR MUSICIANS TO REHEARSE TOGETHER IN A NURTURING, SUPPORTIVE ENVIRONMENT. CASCADE SYMPHONY ORCHESTRA PROVIDES ITS MUSICIANS THE OPPORTUNITY TO CONTINUALLY DEVELOP AND DEEPEN THEIR MUSICIANSHIP WHILE PREPARING AND PRESENTING INSPIRING CONCERTS OF OUTSTANDING MUSIC.
CASCADE SYMPHONY ORCHESTRA PROVIDES EDUCATIONAL OUTREACH TO YOUTH AND SUPPORT FOR YOUNG MUSICIANS. AN ANNUAL CHILDREN'S CONCERT WITH MUSIC SPECIFICALLY TAILORED FOR YOUNG CHILDREN IS PRESENTED. THE CONCERT FEATURES A YOUNG RISING STAR INSTRUMENTAL SOLOIST(S) ACCOMPANIED BY THE ORCHESTRA. INCLUDED IN THE CHILDREN'S CONCERT IS THE OPPORTUNITY TO LEARN ABOUT MUSIC IN A FUN TEACHING SESSION FEATURING CASCADE SYMPHONY MUSICIANS. DURING COVID TIMES THE CHILDREN'S CONCERT WAS OFFERED ONLINE, AVAILABLE TO ALL AT NO CHARGE. CASCADE SYMPHONY ALSO PROVIDES COLLEGE SCHOLARSHIPS TO HIGH SCHOOL SENIORS INTENDING TO CONTINUE THEIR MUSICAL STUDIES IN COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Miropolsky Music Director | Trustee | 25 | $33,280 |
Heather Hoskins Treasurer | Officer | 10 | $0 |
Ruth Mcfadden President | Officer | 15 | $0 |
Holly Sullivan Vice-President | Officer | 5 | $0 |
Kathleen Moellenberndt Secretary | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $32,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $94,610 |
| Noncash contributions included in lines 1a–1f | $45,648 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,210 |
| Total Program Service Revenue | $46,523 |
| Investment income | $0 |
| 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 | $173,733 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,500 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,571 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $7,123 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,698 |
| Office expenses | $7,444 |
| Information technology | $1,498 |
| Royalties | $0 |
| Occupancy | $56,536 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,774 |
| All other expenses | $1,633 |
| Total functional expenses | $169,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,440 |
| Savings and temporary cash investments | $6,322 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $493,881 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $539,643 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $539,643 |
| Net assets with donor restrictions | $0 |
| 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 | $539,643 |