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← NEW WEST SYMPHONY ASSOCIATION

Form 990 for tax year 2024

Filed by NEW WEST SYMPHONY ASSOCIATION.

Totals

Total revenue
$1,916,153
Total expenses
$2,333,509
Contributions and grants received
$1,313,513
Grants paid
$0
Program service revenue
$533,386
Investment income
$28,627
Other revenue
$40,627
Total assets, end of year
$677,180
Total liabilities, end of year
$1,249,002
Net assets or fund balances, end of year
-$571,822
Program services expenses (Part IX)
$1,275,900
Management and general expenses
$891,975
Fundraising expenses
$165,634
Program service expenses (Part III)
$1,275,900

Program services were 54.7% 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.

  • 1e · Government grants (contributions)

    $30,000

  • 1f · All other contributions, gifts and grants

    $1,283,513

  • 1g · Noncash contributions included above

    $87,448

  • 2a · Program service revenue: TICKETS

    total $533,386 · related or exempt $533,386

  • 3 · Investment income

    total $28,627 · related or exempt $28,627

  • 8a · Fundraising events: gross income

    $40,986

  • 8b · Fundraising events: direct expenses

    $1,500

  • 8c · Net income from fundraising events

    total $39,486

  • 11a · Other revenue: EMPLOYEE RETENTION CREDIT INC

    total $1,141 · related or exempt $1,141

  • 11e · Other revenue, total

    $1,141

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $1,061,400 · program services $734,679 · management and general $173,356 · fundraising $153,365

  • 8 · Pension plan contributions

    total $44,522 · program services $44,522

  • 10 · Payroll taxes

    total $85,134 · program services $47,498 · management and general $25,367 · fundraising $12,269

  • 11b · Fees: legal

    total $9,751 · management and general $9,751

  • 11g · Fees: other

    total $61,425 · management and general $61,425

  • 12 · Advertising and promotion

    total $207,790 · management and general $207,790

  • 13 · Office expenses

    total $23,089 · management and general $23,089

  • 14 · Information technology

    total $18,467 · management and general $18,467

  • 16 · Occupancy

    total $101,677 · program services $77,673 · management and general $24,004

  • 17 · Travel

    total $53,612 · program services $37,045 · management and general $16,567

  • 20 · Interest

    total $42,697 · management and general $42,697

  • 22 · Depreciation, depletion and amortization

    total $3,672 · program services $3,672

  • 23 · Insurance

    total $63,935 · management and general $63,935

  • 24a · Other expenses: OUTSIDE SERVICES

    total $153,254 · program services $153,254

  • 24b · Other expenses: BANK & MERCHANT FEES

    total $105,286 · management and general $105,286

  • 24c · Other expenses: DEVELOPMENT

    total $102,498 · management and general $102,498

  • 24d · Other expenses: INSTRUMENT RENT & CARTAGE

    total $86,664 · program services $86,664

  • 24e · All other expenses

    total $108,636 · program services $90,893 · management and general $17,743

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $296,495 · end of year $40,903

  • 3 · Pledges and grants receivable

    beginning of year $231,000 · end of year $113,150

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,124 · end of year $18,158

  • 10a · Land, buildings and equipment: cost or other basis

    $181,781

  • 10b · Land, buildings and equipment: accumulated depreciation

    $158,057

  • 10c · Land, buildings and equipment, net

    beginning of year $4,396 · end of year $23,724

  • 15 · Other assets

    beginning of year $442,077 · end of year $481,245

  • 17 · Accounts payable and accrued expenses

    beginning of year $238,557 · end of year $320,027

  • 19 · Deferred revenue

    beginning of year $270,849 · end of year $297,527

  • 22 · Loans and payables to officers and key people

    end of year $35,000

  • 23 · Secured mortgages and notes payable

    beginning of year $383,152 · end of year $396,448

  • 24 · Unsecured notes and loans payable

    beginning of year $245,000 · end of year $200,000

  • 27 · Net assets without donor restrictions

    beginning of year -$812,716 · end of year -$643,093

  • 28 · Net assets with donor restrictions

    beginning of year $658,250 · end of year $71,271

Mission and programs · 2024

Mission

THE NEW WEST SYMPHONY INSPIRES PASSION FOR SYMPHONIC MUSIC THROUGH LIVE PERFORMANCES AND EDUCATION INITIATIVES THAT ENGAGE AND ENRICH ITS DIVERSE AUDIENCES.

  • FOUNDED IN 1995, THE NEW WEST SYMPHONY IS A TOP PROFESSIONAL ORCHESTRA IN THE REGION THAT DRAWS ITS PLAYERS FROM THE RICH TALENT POOL OF PROFESSIONAL MUSICIANS. WITH ARTISTIC DIRECTION LED BY GRAMMY WINNER MAESTRO MICHAEL CHRISTIE, THE SYMPHONY IS THE RESIDENT COMPANY OF THE BANK OF AMERICA PERFORMING ARTS CENTER IN THOUSAND OAKS AND PERFORMS AT THE RANCHO CAMPANA PERFORMING ARTS CENTER IN CAMARILLO. RETURNING TO LIVE PERFORMANCES IN 2021, THE SYMPHONY PRESENTS SIX MASTERPIECE SERIES CONCERTS ANNUALLY, PERFORMING MAJOR WORKS FROM THE SYMPHONIC REPERTOIRE WITH INTERNATIONALLY ACCLAIMED ARTISTS AS GUEST SOLOISTS, AS WELL AS PRODUCES ANNUAL SUMMERFEST AND WINTERFEST PROGRAMS RAISING ADDITIONAL FUNDS FOR THE SYMPHONY'S OPERATIONS.

    Expenses $1,011,310 · Revenue $726,922

  • LABY HARMONY PROJECT OF NEW WEST SYMPHONY USES MUSIC TRAINING TO PROMOTE THE HEALTHY GROWTH AND DEVELOPMENT OF UNDERSERVED YOUTH. THE PROGRAM PROVIDES HIGH QUALITY TUITION-FREE MUSIC INSTRUCTION TO CHILDREN IN GRADES K-12, CURRENTLY SERVING OVER 160 STUDENTS IN THE CITY OF VENTURA YEAR- ROUND. BY COLLABORATING WITH STUDENTS, FAMILIES, AND LOCAL PARTNERS, AND TOGETHER WITH OUR GENEROUS SUPPORTERS, THE PROJECT BUILDS A STRONGER, HEALTHIER, AND MORE MUSICALLY ENGAGED COMMUNITY.

    Expenses $186,395 · Revenue $145,235

  • SYMPHONIC ADVENTURES, THE SYMPHONY'S FLAGSHIP EDUCATION PROGRAM, IS A LIVE, INTERACTIVE CONCERT FOR ELEMENTARY SCHOOL STUDENTS, THEIR CHAPERONES AND PARENTS. THIS PROGRAM PROVIDES OVER 5,000 STUDENTS WITH THEIR FIRST OPPORTUNITY TO HEAR CLASSICAL MUSIC. EACH 50-MINUTE INTERACTIVE CONCERT SUPPORTS THE SYMPHONY'S GOAL TO BRING ORCHESTRAL MUSIC TO CHILDREN. BY INTRODUCING STUDENTS TO THE ORCHESTRA, ITS CONDUCTOR, AND THE ELEMENTS OF MUSIC, THE SYMPHONY AIMS TO INSPIRE A LIFE-LONG APPRECIATION OF MUSIC.

    Expenses $6,821

  • OTHER PROGRAM SERVICES

    Expenses $71,374

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Natalia Staneva

    CEO

    Total calculated
    $139,998
    From this org
    $139,998
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Paul Finkel MD

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • John Shwope

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Anthony Vasquez

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Gary Wartik

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Erin Pohl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Russell Spoto MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Marijane Unter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 August 2025
IRS schema version
2024v5.0
Source object
202522249349302852

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