San Luis Obispo Symphony Inc
- Assets
- $1.1m
- Revenue
- $720.5k
- Investments
- $0.0
- Employees
- 75
- Location
- San Luis Obispo, CA
- Founding
- 07/1979
- Data as of
- 06/2021
- EIN
- 95-2493144
Organization Overview
San Luis Obispo Symphony Inc is located in San Luis Obispo, CA. The organization was established in 1979. 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, San Luis Obispo Symphony Inc employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Luis Obispo Symphony 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 06/2021, San Luis Obispo Symphony Inc generated $720.5k 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 (5.1%) each year. All expenses for the organization totaled $549.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (12.4%) 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
THE PURPOSE OF THE SAN LUIS OBISPO SYMPHONY IS TO SUPPORT AN OUTSTANDING COMMUNITY ORCHESTRA, TO FOSTER SYMPHONIC AND CHAMBER MUSIC EDUCATION, AND TO CONTRIBUTE TO THE CULTURAL AND ECONOMIC VITALITY OF THE CENTRAL COAST COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 1961, THE SAN LUIS OBISPO SYMPHONY HAS BEEN AN ARTISTIC, ECONOMIC, EDUCATIONAL, AND COMMUNITY-CENTERED FORCE ON THE CENTRAL COAST. EVERY YEAR THE SYMPHONY PRESENTS A NINE-MONTH SEASON OF CONCERTS, INCLUDING A CLASSICAL MASTERWORKS SERIES, A CHAMBER CONCERT SERIES WITH PERFORMANCES IN MORE INTIMATE VENUES AROUND THE COUNTY, POPS CONCERTS SUCH AS NEW YEARS EVE AND A SERIES OF CHILDREN'S CONCERTS AT THE PERFORMING ARTS CENTER. THE SAN LUIS OBISPO SYMPHONYS MUSIC EDUCATION PROGRAM REACHES MORE THAN 16,000 COUNTY SCHOOL CHILDREN EVERY YEAR WITH A VARIETY OF PROGRAMS, INCLUDING THE FREE MUSIC VAN WHICH TRAVELS TO 3RD GRADERS COUNTYWIDE, AN AFTER SCHOOL BEGINNING STRINGS PROGRAM, AN IN-CLASS MUSIC LISTENING PROGRAM, A MUSIC AMONG THE BOOKS PROGRAM IN LIBRARIES TO REACH A BROADER POPULATION AND MORE. IN 2006, THE SYMPHONY MERGED WITH THE SAN LUIS OBISPO COUNTY YOUTH SYMPHONY CONTINUING THE LEGACY OF SHAPING YOUNG LIVES THROUGH MUSIC AND NOW PROVIDING A CONTINUUM OF PERFORMANCE, EXPERIENCE, OUTREACH AND ADVOCACY OPPORTUNITIES FOR ALL AGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna James Miller Executive Dir. | OfficerTrustee | 40 | $95,856 |
Karen Loewi Jones Director | Trustee | 2 | $1,204 |
Jessica Hoffman Treasurer | OfficerTrustee | 2 | $1,051 |
Mike Johnson Director | Trustee | 2 | $446 |
Jim Walker Secretary | OfficerTrustee | 2 | $0 |
Joe Benson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $147,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $287,283 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $434,783 |
| Total Program Service Revenue | $204,643 |
| Investment income | $1,089 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $71,861 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $720,469 |
| 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. | $95,857 |
| Compensation of current officers, directors, key employees. | $31,052 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $186,925 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,583 |
| Payroll taxes | $78,013 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,843 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,670 |
| Office expenses | $2,102 |
| Information technology | $10,974 |
| Royalties | $0 |
| Occupancy | $65,661 |
| 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 | $1,296 |
| Insurance | $36 |
| All other expenses | $0 |
| Total functional expenses | $549,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,948 |
| Savings and temporary cash investments | $588,438 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| 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 | $570 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $466,795 |
| Total assets | $1,071,751 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $172,357 |
| 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 | $91,161 |
| Total liabilities | $263,518 |
| Net assets without donor restrictions | $533,233 |
| Net assets with donor restrictions | $275,000 |
| 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 | $1,071,751 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that San Luis Obispo Symphony Inc has recieved totaling $147,255.
| Awarding Organization | Amount |
|---|---|
Community Foundation San Luis Obispo County San Luis Obispo, CA PURPOSE: UNRESTRICTED,AGENCY DISBURSEMENT,2021 YOUTH SYMPHONY2021 RETURN TO THE STAGE FESTIVAL,FOR GENERAL OPERATING SUPPORT,2021 BUILD GRANT OVER 500K,FOR GENERAL OPERATING SUPPORT,ARTS | $100,651 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $44,030 |
Shanbrom Fam Foundation Ojai, CA PURPOSE: SUPPORT OF PERFORMANCES | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $74 |
Endowment Analysis
| Beg. Balance | $275,000 |
| Ending Balance | $275,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Symphony San Francisco, CA | $429,119,299 | $66,425,902 |
San Diego Symphony Orchestra Association San Diego, CA | $168,111,113 | $56,683,795 |
Oregon Symphony Association Portland, OR | $27,740,551 | $13,773,397 |
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 |