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← SYRACUSE SYMPHONY FOUNDATION INC

Form 990 for tax year 2023

Filed by SYRACUSE SYMPHONY FOUNDATION INC.

Totals

Total revenue
$291,467
Total expenses
$538,178
Contributions and grants received
$0
Grants paid
$489,000
Program service revenue
$0
Investment income
$291,467
Other revenue
$0
Total assets, end of year
$14,529,610
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$14,529,610
Program services expenses (Part IX)
$489,000
Management and general expenses
$49,178
Fundraising expenses
$0
Program service expenses (Part III)
$489,000

Program services were 90.9% 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.

  • 3 · Investment income

    total $291,467 · related or exempt $291,467

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $489,000 · program services $489,000

  • 11c · Fees: accounting

    total $4,870 · management and general $4,870

  • 11f · Fees: investment management

    total $42,594 · management and general $42,594

  • 23 · Insurance

    total $1,714 · management and general $1,714

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $443,397 · end of year $677,447

  • 11 · Investments: publicly traded securities

    beginning of year $12,500,296 · end of year $13,822,976

  • 15 · Other assets

    beginning of year $25,880 · end of year $29,187

  • 28 · Net assets with donor restrictions

    beginning of year $12,969,573 · end of year $14,529,610

Mission and programs · 2023

Mission

SEE SCHEDULE O

Activities or mission (Part I)

THE FOUNDATION INVESTS AND MANAGES FUNDS AND ASSETS FOR THE PURPOSE OF SUPPORTING THE PRESENTATION OF SYMPHONY ORCHESTRA MUSIC IN THE CENTRAL NEW YORK REGION, INITIALLY THE SUPPORT OF THE ACTIVITIES OF THE SYRACUSE SYMPHONY ORCHESTRA, INC. AS A FULL-TIME PROFESSIONAL SYMPHONY ORCHESTRA. THE FOUNDATION CURRENTLY ONLY SUPPORTS MUSICAL ASSOCIATES OF CENTRAL NEW YORK, INC.

  • GRANTS TO OTHER NON-PROFIT ORGANIZATIONS TO SUPPORT SYMPHONY MUSIC IN CENTRAL NEW YORK.

    Expenses $489,000 · Grants $489,000

As filed on the 2023 return.

Listed in Part VII

  • David A A Ridings

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Alice Kendrick

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Elsa Soderberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Craig Buckout

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gary Grossman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bill Byrne

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Paul Drescher

    DIRECTOR

    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.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
26 June 2025
IRS schema version
2023v6.0
Source object
202541779349300609

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