Skip to content
Nonprofiteer
← DALLAS SYMPHONY FOUNDATION

Form 990 for tax year 2022

Filed by DALLAS SYMPHONY FOUNDATION.

Totals

Total revenue
$9,262,079
Total expenses
$9,218,026
Contributions and grants received
$2,387,833
Grants paid
$8,597,412
Program service revenue
$0
Investment income
$6,874,246
Other revenue
$0
Total assets, end of year
$137,396,891
Total liabilities, end of year
$200,845
Net assets or fund balances, end of year
$137,196,046
Program services expenses (Part IX)
$8,599,813
Management and general expenses
$618,213
Fundraising expenses
$0
Program service expenses (Part III)
$8,599,813

Program services were 93.3% 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.

  • 1f · All other contributions, gifts and grants

    $2,387,833

  • 3 · Investment income

    total $3,085,916 · excluded $3,085,916

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $103,392,337

  • 7b · Less cost or other basis and sales expenses

    securities $99,604,007

  • 7c · Gain or loss

    securities $3,788,330

  • 7d · Net gain or loss

    total $3,788,330 · excluded $3,788,330

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $8,597,412 · program services $8,597,412

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: FEES TO INVESTMENT MGRS

    total $618,213 · management and general $618,213

  • 24b · Other expenses: AMORT. GIFT ANNUITY

    total $2,401 · program services $2,401

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $532,575 · end of year $1,105,176

  • 4 · Accounts receivable

    beginning of year $130,806 · end of year $262,966

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $132,299,898 · end of year $114,390,558

  • 12 · Investments: other securities

    beginning of year $11,257,890 · end of year $21,337,247

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $895,944 · end of year $300,944

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 18 · Grants payable

    beginning of year $73,929 · end of year $200,845

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $3,201,772 · end of year $4,674,066

  • 28 · Net assets with donor restrictions

    beginning of year $141,841,412 · end of year $132,521,980

Mission and programs · 2022

Mission

THE PURPOSE OF THE DALLAS SYMPHONY FOUNDATION IS TO MANAGE AND INVEST AN ENDOWMENT FUND FOR THE BENEFIT OF THE DALLAS SYMPHONY ASSOCIATION (75-0705442), AND TO MAKE ANNUAL DISTRIBUTIONS TO THE DALLAS SYMPHONY ASSOCIATION FROM THIS ENDOWMENT FUND. DURING THE FISCAL YEAR ENDING MAY 31, 2023, THE FOUNDATION DISTRIBUTED $8,597,412 TO THE ASSOCIATION.

Activities or mission (Part I)

The Dallas Symphony Foundation is operated for the benefit of, and to further the purposes of the Dallas Symphony Association

  • The purpose of the Dallas Symphony Foundation is to manage and invest an endowment fund for the benefit of the Dallas Symphony Association (75-0705442), and to make annual distributions to the Dallas Symphony Association from this endowment fund. During the fiscal year ending May 31, 2023, the Foundation distributed $8,597,412 to the Association as the annual distribution.

    Expenses $8,599,813 · Grants $8,597,412 · Revenue $6,874,246

As filed on the 2022 return.

Listed in Part VII

  • Harold M Brierley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Cherryl Peterman

    Board Member - TREASURER

    Total calculated
    $0
    Hours/week
    0

  • Coley Clark

    Board Member - President

    Total calculated
    $0
    Hours/week
    0

  • Joseph F Hubach

    Board Member - Vice President

    Total calculated
    $0
    Hours/week
    0

  • John Dayton

    Board Member

    Total calculated
    $0
    Hours/week
    0

  • Linda McFarland

    Board Member

    Total calculated
    $0
    Hours/week
    0

  • Robert E Segert

    Board Member

    Total calculated
    $0
    Hours/week
    0

  • Melissa Ruman Stewart

    Board Member - Secretary

    Total calculated
    $0
    Hours/week
    0

  • Maise Heiken

    Board Member

    Total calculated
    $0
    Hours/week
    0

  • Andrew Nall

    Board Member - Vice President

    Total calculated
    $0
    Hours/week
    0

  • Marc Nivet

    Board Member

    Total calculated
    $0
    Hours/week
    0

  • Yon Y Jorden

    BOARD MEMBER - VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • Brian Ratner

    BOARD MEMBER - VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • Jeffrey M Robinson

    BOARD MEMBER - SECRETARY

    Total calculated
    $0
    Hours/week
    0

  • Richard Schulze

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

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.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 April 2024
IRS schema version
2022v5.0
Source object
202401069349301795

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.