Form 990 for tax year 2024
Filed by NORTHBROOK SYMPHONY ORCHESTRA INC.
Totals
- Total revenue
- $267,148
- Total expenses
- $346,171
- Contributions and grants received
- $102,269
- Grants paid
- $2,500
- Program service revenue
- $84,040
- Investment income
- $80,839
- Other revenue
- $0
- Total assets, end of year
- $1,028,029
- Total liabilities, end of year
- $20,582
- Net assets or fund balances, end of year
- $1,007,447
- Program services expenses (Part IX)
- $274,262
- Management and general expenses
- $70,171
- Fundraising expenses
- $1,738
- Program service expenses (Part III)
- $274,262
Program services were 79.2% 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
$102,269
-
2a · Program service revenue: TICKETS SALES AND PERFORMANCE
total $84,040 · related or exempt $84,040
-
3 · Investment income
total $8,009 · excluded $8,009
-
7a · Gross sales of assets other than inventory
securities $270,079
-
7b · Less cost or other basis and sales expenses
securities $197,249
-
7c · Gain or loss
securities $72,830
-
7d · Net gain or loss
total $72,830 · related or exempt $72,830
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,500 · program services $2,500
-
7 · Other salaries and wages
total $76,124 · program services $50,000 · management and general $26,124
-
9 · Other employee benefits
total $14,840 · program services $14,840
-
10 · Payroll taxes
total $5,806 · program services $3,825 · management and general $1,981
-
11c · Fees: accounting
total $18,025 · management and general $18,025
-
11f · Fees: investment management
total $10,094 · management and general $10,094
-
12 · Advertising and promotion
total $8,445 · program services $8,445
-
13 · Office expenses
total $11,364 · management and general $11,364
-
16 · Occupancy
total $9,582 · program services $9,582
-
23 · Insurance
total $7,099 · program services $6,251 · management and general $848
-
24a · Other expenses: PERFORMER EXPENSES
total $112,418 · program services $112,418
-
24b · Other expenses: CONCERT EXPENSES
total $48,104 · program services $48,104
-
24c · Other expenses: CONTRACT AND PROFESSIONAL
total $17,797 · program services $17,797
-
24d · Other expenses: DEVELOPMENT EXPENSES
total $1,398 · fundraising $1,398
-
24e · All other expenses
total $2,575 · program services $500 · management and general $1,735 · fundraising $340
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $30,078 · end of year $19,297
-
2 · Savings and temporary cash investments
beginning of year $19,556 · end of year $65,959
-
4 · Accounts receivable
beginning of year $1,150 · end of year $1,250
-
11 · Investments: publicly traded securities
beginning of year $1,011,734 · end of year $941,523
-
17 · Accounts payable and accrued expenses
beginning of year $21,495 · end of year $14,645
-
19 · Deferred revenue
end of year $5,937
-
27 · Net assets without donor restrictions
beginning of year $1,041,023 · end of year $1,007,447
Mission and programs · 2024
Mission
TO PRESENT PROGRAMS OF SYMPHONIC MUSIC IN ORDER TO INCREASE LISTENERS' APPRECIATION OF MUSIC AND RELEVANCE OF MUSIC IN THEIR LIVES.
Activities or mission (Part I)
TO PRESENT HIGH-QUALITY PERFORMANCES AND PROGRAMS OF SYMPHONIC MUSIC THAT INCREASES LISTENERS' APPRECIATION OF AND RELEVANCE OF MUSIC.
-
THE OFFERING OF HIGH-QUALITY PERFORMANCES AND PROGRAMS OF SYMPHONIC MUSIC USING PROFESSIONAL MUSICIANS, IN AN INNOVATIVE PRESENTATION FORMAT THAT INCREASES LISTENERS' APPRECIATION OF THE SIGNIFICANCE OF THE MUSIC AND, THEREFORE, THE RELEVANCE OF MUSIC IN THEIR LIVES.
Expenses $274,262 · Grants $2,500 · Revenue $164,879
As filed on the 2024 return.
Listed in Part VII
-
Saurab BhargavaSAURAB BHARGAVA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cynthia BradyCYNTHIA BRADY
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 20
-
Steven GreeneSTEVEN GREENE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 25
-
Steven JohnsonSTEVEN JOHNSON
TREASURER
- Total calculated
- $0
- Hours/week
- 8
-
James KaragianisJAMES KARAGIANIS
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 10
-
Kathi QuinnKATHI QUINN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Somyung RyuSOMYUNG RYU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marsha SchwartzMARSHA SCHWARTZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
John TetiJOHN TETI
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202513179349309831
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