Rogue Valley Symphony Association
- Assets
- $3.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 94
- Location
- Ashland, OR
- Founding
- 05/1969
- Data as of
- 06/2022
- EIN
- 93-0565516
Organization Overview
Rogue Valley Symphony Association is located in Ashland, OR. The organization was established in 1969. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Rogue Valley Symphony Association employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rogue Valley 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 06/2022, Rogue Valley Symphony Association generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $963.8k during the year ending 06/2022. While expenses have increased by 4.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RVS MISSION IS TO INPSIRE OUR AUDIENCES AND ENRICH OUR COMMUNITES THROUGH THE LIVE PERFORMANCE OF ORCHESTRAL MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL ENRICHMENT, MUSIC EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Majkut Music Director | Trustee | 25 | $84,200 |
Joelle Graves Executive Director | Trustee | 40 | $84,200 |
Karen Clarke Secretary | OfficerTrustee | 3 | $0 |
Paul Smith President | OfficerTrustee | 10 | $0 |
Lynn Thompson Treasurer | OfficerTrustee | 6 | $0 |
Paul Christy President Elect | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $69,921 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,374,749 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,444,670 |
| Total Program Service Revenue | $201,488 |
| Investment income | $881 |
| 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 | $1,652,431 |
| 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. | $168,400 |
| Compensation of current officers, directors, key employees. | $84,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $352,567 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,806 |
| Payroll taxes | $53,188 |
| Fees for services: Management | $0 |
| 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 | $103,687 |
| Advertising and promotion | $22,167 |
| Office expenses | $14,114 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,849 |
| Travel | $81,154 |
| 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 | $10,503 |
| Insurance | $4,380 |
| All other expenses | $16,331 |
| Total functional expenses | $963,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $859,820 |
| Savings and temporary cash investments | $682,756 |
| 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 | $11,340 |
| Net Land, buildings, and equipment | $45,446 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,229,608 |
| Total assets | $3,828,970 |
| Accounts payable and accrued expenses | $2,225 |
| Grants payable | $0 |
| Deferred revenue | $200,861 |
| 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 | $4,323 |
| Total liabilities | $207,409 |
| Net assets without donor restrictions | $1,164,737 |
| Net assets with donor restrictions | $2,456,824 |
| 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 | $3,828,970 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Rogue Valley Symphony Association has recieved totaling $88,932.
| Awarding Organization | Amount |
|---|---|
Oregon Community Foundation Portland, OR PURPOSE: Music | $69,062 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $19,750 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Endowment Analysis
| Beg. Balance | $2,019,773 |
| Earnings | -$179,499 |
| Net Contributions | $273,281 |
| Ending Balance | $2,113,555 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Musicares Foundation Inc Santa Monica, CA | $28,828,154 | $32,357,649 |
San Francisco Jazz Organization San Francisco, CA | $64,965,614 | $11,913,007 |
Music Concourse Community Partnership San Francisco, CA | $31,271,076 | $4,428,131 |
Berkeley Music Group Berkeley, CA | $6,181,022 | $4,579,247 |
Kronos Performing Arts Assn San Francisco, CA | $1,591,460 | $2,774,082 |
Monterey Jazz Festival Monterey, CA | $3,593,346 | $4,129,138 |
Mosier Community School Foundation Inc Mosier, OR | $3,936,713 | $2,235,279 |
Carmel Bach Festival Inc Carmel, CA | $1,675,160 | $2,099,477 |
Seattle Chamber Music Festival Seattle, WA | $3,300,530 | $1,735,052 |
Camerata Pacifica Santa Barbara, CA | $1,526,106 | $1,221,933 |
American Bach Soloists San Francisco, CA | $908,845 | $1,282,181 |
Music For Minors Inc San Carlos, CA | $710,130 | $1,519,051 |