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Nonprofiteer
← AMARILLO SYMPHONY INC

Form 990 for tax year 2024

Filed by AMARILLO SYMPHONY INC.

Totals

Total revenue
$3,385,095
Total expenses
$2,654,843
Contributions and grants received
$1,896,144
Grants paid
$0
Program service revenue
$875,479
Investment income
$730,653
Other revenue
-$117,181
Total assets, end of year
$7,577,893
Total liabilities, end of year
$769,336
Net assets or fund balances, end of year
$6,808,557
Program services expenses (Part IX)
$2,357,415
Management and general expenses
$215,495
Fundraising expenses
$81,933
Program service expenses (Part III)
$2,357,415

Program services were 88.8% 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.

  • 1b · Membership dues

    $5,706

  • 1c · Fundraising events

    $195,588

  • 1f · All other contributions, gifts and grants

    $1,694,850

  • 2a · Program service revenue: CONCERT TICKETS & PROGRAM ADS

    total $875,479 · related or exempt $875,479

  • 3 · Investment income

    total $119,541 · excluded $119,541

  • 7a · Gross sales of assets other than inventory

    securities $2,609,013

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

    securities $1,997,901

  • 7c · Gain or loss

    securities $611,112

  • 7d · Net gain or loss

    total $611,112 · related or exempt $611,112

  • 8a · Fundraising events: gross income

    $80,710

  • 8a · Fundraising events: contributions included on line 1c

    $195,588

  • 8b · Fundraising events: direct expenses

    $197,891

  • 8c · Net income from fundraising events

    total -$117,181 · excluded -$117,181

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $119,653 · program services $101,322 · management and general $12,815 · fundraising $5,516

  • 7 · Other salaries and wages

    total $1,132,214 · program services $958,737 · management and general $121,218 · fundraising $52,259

  • 9 · Other employee benefits

    total $59,590 · program services $46,866 · management and general $12,724

  • 10 · Payroll taxes

    total $97,017 · program services $81,984 · management and general $10,494 · fundraising $4,539

  • 11e · Fees: professional fundraising services

    total $6,345 · fundraising $6,345

  • 11f · Fees: investment management

    total $25,204 · program services $7,561 · management and general $17,643

  • 11g · Fees: other

    total $126,697 · program services $126,486 · management and general $211

  • 12 · Advertising and promotion

    total $165,682 · program services $140,147 · management and general $14,205 · fundraising $11,330

  • 13 · Office expenses

    total $19,378 · program services $19,105 · management and general $273

  • 16 · Occupancy

    total $53,264 · program services $39,716 · management and general $13,548

  • 17 · Travel

    total $258,919 · program services $258,640 · fundraising $279

  • 19 · Conferences, conventions and meetings

    total $4,768 · program services $4,618 · management and general $150

  • 22 · Depreciation, depletion and amortization

    total $13,621 · program services $13,621

  • 23 · Insurance

    total $24,351 · program services $20,839 · management and general $3,512

  • 24a · Other expenses: PRODUCTION SUPPLIES

    total $209,062 · program services $207,196 · management and general $201 · fundraising $1,665

  • 24b · Other expenses: FACILITY/EQUIPMENT RENTAL

    total $134,359 · program services $134,359

  • 24c · Other expenses: MEMBERSHIP DUES & LICENSE

    total $84,656 · program services $79,318 · management and general $5,338

  • 24d · Other expenses: CONTRACT SERVICES

    total $68,847 · program services $68,847

  • 24e · All other expenses

    total $51,216 · program services $48,053 · management and general $3,163

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $579,394 · end of year $561,063

  • 3 · Pledges and grants receivable

    beginning of year $331,666 · end of year $209,937

  • 9 · Prepaid expenses and deferred charges

    beginning of year $41,195 · end of year $49,729

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

    $418,454

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

    $197,412

  • 10c · Land, buildings and equipment, net

    beginning of year $209,794 · end of year $221,042

  • 11 · Investments: publicly traded securities

    beginning of year $5,618,608 · end of year $6,361,106

  • 15 · Other assets

    beginning of year $143,964 · end of year $175,016

  • 17 · Accounts payable and accrued expenses

    beginning of year $48,049 · end of year $42,438

  • 19 · Deferred revenue

    beginning of year $468,599 · end of year $543,406

  • 25 · Other liabilities

    beginning of year $153,190 · end of year $183,492

  • 27 · Net assets without donor restrictions

    beginning of year $3,591,579 · end of year $3,568,869

  • 28 · Net assets with donor restrictions

    beginning of year $2,663,204 · end of year $3,239,688

Mission and programs · 2024

Mission

THE AMARILLO SYMPHONY INSPIRES, EDUCATES, AND UNITES OUR REGION THROUGH THE POWER OF MUSIC.

  • PROMOTED AND PROVIDED CULTURAL, ENTERTAINING, AND EDUCATIONAL MUSICAL EXPERIENCES TO RESIDENTS OF THE TEXAS PANHANDLE. PERSONS SERVED THROUGH COMMUNITY CONCERTS, EDUCATIONAL EVENTS, YOUTH AND OTHER PROGRAMS TOTALED APPROXIMATELY 28,000 PERSONS.

    Expenses $2,357,415 · Revenue $875,479

As filed on the 2024 return.

Listed in Part VII

  • Larry Lang

    EXECUTIVE DI

    Total calculated
    $116,006
    From this org
    $116,006
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Jamie Beckham

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Craig Cunningham

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Clint Esler

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Christine Garner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bob Hansen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kimberly Hieb

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Eileene Moss

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Camille Day Nies

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Anne Prentice

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sharon Reagan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tim Shafer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Laura Street

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Claudia Stuart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Peter Stynes

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Lisa Veggeberg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Suzanne C Wheeler

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1
  • Terry White

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Shane Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mindi Bozeman Zanowiak

    BOARD MEMBER

    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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
2 April 2026
IRS schema version
2024v5.0
Source object
202630939349300708

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