Totals
- Total revenue
- $2,755,041
- Total expenses
- $3,037,148
- Contributions and grants received
- $1,640,950
- Grants paid
- $0
- Program service revenue
- $886,675
- Investment income
- $281,200
- Other revenue
- -$53,784
- Total assets, end of year
- $6,418,839
- Total liabilities, end of year
- $807,577
- Net assets or fund balances, end of year
- $5,611,262
- Program services expenses (Part IX)
- $1,878,575
- Management and general expenses
- $899,987
- Fundraising expenses
- $258,586
- Program service expenses (Part III)
- $1,878,575
Program services were 61.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$263,750
-
1c · Fundraising events
$64,925
-
1f · All other contributions, gifts and grants
$1,312,275
-
1g · Noncash contributions included above
$37,421
-
2a · Program service revenue: ADMISSIONS
total $656,036 · related or exempt $656,036
-
2b · Program service revenue: PERFORMANCE FEES
total $153,091 · related or exempt $153,091
-
2c · Program service revenue: YOUTH
total $77,548 · related or exempt $77,548
-
3 · Investment income
total $281,200 · excluded $281,200
-
8a · Fundraising events: gross income
$33,016
-
8a · Fundraising events: contributions included on line 1c
$64,925
-
8b · Fundraising events: direct expenses
$133,758
-
8c · Net income from fundraising events
total -$100,742 · excluded -$100,742
-
11a · Other revenue: MISCELLANEOUS
total $28,783 · related or exempt $28,783
-
11b · Other revenue: PROGRAM ADVERTISING
total $18,175 · unrelated business $18,175
-
11e · Other revenue, total
$46,958
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $162,191 · program services $99,852 · management and general $47,997 · fundraising $14,342
-
7 · Other salaries and wages
total $1,206,645 · program services $768,733 · management and general $336,095 · fundraising $101,817
-
9 · Other employee benefits
total $78,890 · program services $29,823 · management and general $38,517 · fundraising $10,550
-
10 · Payroll taxes
total $104,453 · program services $66,641 · management and general $29,021 · fundraising $8,791
-
11c · Fees: accounting
total $18,000 · management and general $18,000
-
11f · Fees: investment management
total $28,333 · management and general $28,333
-
11g · Fees: other
total $110,520 · program services $17,735 · management and general $58,760 · fundraising $34,025
-
12 · Advertising and promotion
total $114,035 · program services $86,058 · management and general $1,896 · fundraising $26,081
-
13 · Office expenses
total $36,630 · program services $2,047 · management and general $13,582 · fundraising $21,001
-
16 · Occupancy
total $15,283 · management and general $15,283
-
17 · Travel
total $9,975 · program services $9,176 · management and general $555 · fundraising $244
-
22 · Depreciation, depletion and amortization
total $8,808 · management and general $8,808
-
23 · Insurance
total $24,569 · management and general $24,569
-
24a · Other expenses: GUEST ARTIST FEES
total $329,242 · program services $329,242
-
24b · Other expenses: LABOR
total $234,871 · program services $189,896 · management and general $34,518 · fundraising $10,457
-
24c · Other expenses: LEASE COSTS
total $228,061 · program services $135,433 · management and general $92,628
-
24d · Other expenses: MUSIC DIRECTOR SEARCH
total $98,140 · management and general $98,140
-
24e · All other expenses
total $228,502 · program services $143,939 · management and general $53,285 · fundraising $31,278
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $52,591 · end of year $48,658
-
2 · Savings and temporary cash investments
beginning of year $590,049 · end of year $446,122
-
3 · Pledges and grants receivable
beginning of year $104,414 · end of year $205,581
-
4 · Accounts receivable
beginning of year $97,535 · end of year $38,105
-
9 · Prepaid expenses and deferred charges
beginning of year $28,838 · end of year $44,657
-
10a · Land, buildings and equipment: cost or other basis
$189,247
-
10b · Land, buildings and equipment: accumulated depreciation
$137,432
-
10c · Land, buildings and equipment, net
beginning of year $60,623 · end of year $51,815
-
11 · Investments: publicly traded securities
beginning of year $5,241,739 · end of year $5,001,018
-
15 · Other assets
end of year $582,883
-
17 · Accounts payable and accrued expenses
beginning of year $46,192 · end of year $35,364
-
19 · Deferred revenue
beginning of year $15,934 · end of year $183,104
-
25 · Other liabilities
end of year $589,109
-
27 · Net assets without donor restrictions
beginning of year $2,063,338 · end of year $1,832,140
-
28 · Net assets with donor restrictions
beginning of year $4,050,325 · end of year $3,779,122
Mission and programs · 2022
Mission
TO BRING MUSIC TO LIFE: BELIEVING THAT MUSIC HAS THE POWER TO INSPIRE, THE WINSTON-SALEM SYMPHONY WILL FULFILL THIS MISSION BY ENRICHING THE COMMUNITY WITH LIVE MUSIC. THE SYMPHONY BRINGS PERFORMANCES, EDUCATIONAL PROGRAMS, AND COMMUNITY ENGAGEMENT INITIATIVES TO WHERE PEOPLE LIVE AND DESIRES FOR AUDIENCES TO EXPERIENCE MUSIC IN A WAY THAT IS RELEVANT AND MEANINGFUL TO THEIR OWN LIVES. THROUGH MUSIC, THE WINSTON-SALEM SYMPHONY ASPIRES TO CREATE SHARED EXPERIENCES AND CONNECTIONS THAT IMPROVE THE QUALITY OF LIFE IN WINSTON-SALEM AND THROUGHOUT THE REGION.
Activities or mission (Part I)
TO BRING MUSIC TO LIFE.
-
PERFORMANCES: 37 IN-PERSON PERFORMANCES (CLASSICS, POPS, FAMILY, AND CHORUS) AND EDUCATIONAL PROGRAMS SERVING 39,152 AUDIENCE MEMBERS.
Expenses $1,451,039 · Revenue $837,910
-
PUBLIC SCHOOL INSTRUCTION: SUMMER PLAY MUSIC CAMP SERVED 34 STUDENTS OVER 7 WEEKS AND SUMMER YOUTH ORCHESTRA FESTIVAL SERVED 48 STUDENTS OVER A ONE- WEEK CAMP. PROVIDED 336 IN-PERSON CLASSES FOR 185 STUDENTS FOR OUR PLAY MUSIC PROGRAM (PIEDMONT LEARNING ACADEMY FOR YOUTH). PROVIDED 120 IN-PERSON REHEARSALS FOR 170 YOUTH ORCHESTRA STUDENTS OF VARYING LEVELS AND GROUPS (CHAMBER SINFONIA/PREMIERE STRINGS, YOUTH PHILHARMONIC, AND YOUTH SYMPHONY). PROVIDED 81 ENSEMBLE PERFORMANCES AT ELEMENTARY SCHOOLS FOR 14,379 4TH AND 5TH GRADE STUDENT INTERACTIONS.
Expenses $427,536 · Revenue $77,548
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
E Merritt ValeE MERRITT VALE
PRESIDENT &
- Total calculated
- $158,032
- From this org
- $146,042
- From related orgs
- $0
- Other
- $11,990
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,525
- Bonus
- not reported
- Other
- $1,517
- Deferred
- $11,990
- Nontaxable benefits
- not reported
- Filer's total
- $158,032
-
Eli KaynorELI KAYNOR
DIRECTOR
- Total calculated
- $5,416
- From this org
- $5,416
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Jonathan AllenJONATHAN ALLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alice AndersonALICE ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Betsy AnneseBETSY ANNESE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher GyvesCHRISTOPHER GYVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cindy RothschildCINDY ROTHSCHILD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David LevyDAVID LEVY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Debbie Wesley-FarringtonDEBBIE WESLEY-FARRINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Denise RobinsonDENISE ROBINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Frank JamesFRANK JAMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dawnielle Grace End 122022DAWNIELLE GRACE END 122022
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gregory Holthusen End 2723GREGORY HOLTHUSEN END 2723
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeffery LindsayJEFFERY LINDSAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim DossingerJIM DOSSINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lew SapharLEW SAPHAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Malcolm BrownMALCOLM BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary Tucker End 11723MARY TUCKER END 11723
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael LischkeMICHAEL LISCHKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pam HowellPAM HOWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephen KramerSTEPHEN KRAMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve HollandSTEVE HOLLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve KarrSTEVE KARR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sue HendersonSUE HENDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William F Clingman IIIWILLIAM F CLINGMAN III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ryan GaylordRYAN GAYLORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Derek HicksDEREK HICKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth BoylesKENNETH BOYLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris LeakCHRIS LEAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Will MunsterWILL MUNSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matthew BryantMATTHEW BRYANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Arthur DebaughARTHUR DEBAUGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carol ReeveCAROL REEVE
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jay ReedJAY REED
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas BornemannTHOMAS BORNEMANN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Pam CashPAM CASH
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Ann Fritchman MerkelANN FRITCHMAN MERKEL
IMMEDIATE PA
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420369349300997
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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