Form 990 for tax year 2024
Filed by ASHEVILLE SYMPHONY SOCIETY INC.
Totals
- Total revenue
- $3,611,228
- Total expenses
- $3,185,239
- Contributions and grants received
- $1,981,640
- Grants paid
- $7,547
- Program service revenue
- $1,218,182
- Investment income
- $146,679
- Other revenue
- $264,727
- Total assets, end of year
- $4,002,217
- Total liabilities, end of year
- $1,001,746
- Net assets or fund balances, end of year
- $3,000,471
- Program services expenses (Part IX)
- $2,107,260
- Management and general expenses
- $626,750
- Fundraising expenses
- $451,229
- Program service expenses (Part III)
- $2,107,260
Program services were 66.2% 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.
-
1b · Membership dues
$26,111
-
1c · Fundraising events
$83,740
-
1e · Government grants (contributions)
$77,377
-
1f · All other contributions, gifts and grants
$1,794,412
-
1g · Noncash contributions included above
$47,983
-
2a · Program service revenue: Ticket Sales
total $1,124,170 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Tuition
total $74,576 · unrelated business $0 · excluded $0
-
2c · Program service revenue: Contracts
total $19,436 · unrelated business $0 · excluded $0
-
3 · Investment income
total $70,243 · unrelated business $0 · excluded $70,243
-
7a · Gross sales of assets other than inventory
securities $76,436
-
7c · Gain or loss
securities $76,436
-
7d · Net gain or loss
total $76,436 · related or exempt $0 · unrelated business $0 · excluded $76,436
-
8a · Fundraising events: gross income
$97,051
-
8a · Fundraising events: contributions included on line 1c
$83,740
-
8b · Fundraising events: direct expenses
$88,654
-
8c · Net income from fundraising events
total $8,397 · unrelated business $0 · excluded $8,397
-
9a · Gaming: gross income
$416,131
-
9b · Gaming: direct expenses
$228,040
-
9c · Net income from gaming
total $188,091 · excluded $188,091
-
11a · Other revenue: Other Income
total $20,570 · related or exempt $0 · unrelated business $0 · excluded $20,570
-
11b · Other revenue: Advertising in Playbill
total $47,669 · related or exempt $0 · unrelated business $47,669 · excluded $0
-
11e · Other revenue, total
$68,239
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,547 · program services $7,547
-
5 · Compensation of officers, directors and key employees
total $159,428 · program services $57,394 · management and general $55,800 · fundraising $46,234
-
7 · Other salaries and wages
total $1,232,713 · program services $812,044 · management and general $230,052 · fundraising $190,617
-
8 · Pension plan contributions
total $10,468 · program services $3,768 · management and general $3,664 · fundraising $3,036
-
9 · Other employee benefits
total $50,580 · program services $18,209 · management and general $17,703 · fundraising $14,668
-
10 · Payroll taxes
total $103,700 · program services $62,672 · management and general $22,437 · fundraising $18,591
-
11b · Fees: legal
total $86,373 · program services $4,083 · management and general $79,001 · fundraising $3,289
-
11c · Fees: accounting
total $28,130 · program services $0 · management and general $28,130 · fundraising $0
-
11f · Fees: investment management
total $16,811 · program services $0 · management and general $16,811 · fundraising $0
-
11g · Fees: other
total $388,104 · program services $373,137 · management and general $5,777 · fundraising $9,190
-
12 · Advertising and promotion
total $181,216 · program services $108,929 · management and general $54,215 · fundraising $18,072
-
13 · Office expenses
total $92,664 · program services $24,999 · management and general $34,286 · fundraising $33,379
-
14 · Information technology
total $38,981 · program services $9,961 · management and general $9,685 · fundraising $19,335
-
16 · Occupancy
total $265,707 · program services $217,703 · management and general $26,252 · fundraising $21,752
-
17 · Travel
total $68,407 · program services $62,528 · management and general $3,215 · fundraising $2,664
-
19 · Conferences, conventions and meetings
total $9,489 · program services $0 · management and general $9,489 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $15,278 · program services $3,056 · management and general $9,167 · fundraising $3,055
-
23 · Insurance
total $19,914 · program services $7,169 · management and general $6,969 · fundraising $5,776
-
24a · Other expenses: Education Expenses
total $24,849 · program services $24,849 · management and general $0 · fundraising $0
-
24b · Other expenses: Other Production Costs
total $243,201 · program services $243,201 · management and general $0 · fundraising $0
-
24c · Other expenses: Program Book
total $51,510 · program services $51,510 · management and general $0 · fundraising $0
-
24d · Other expenses: Patron Development
total $49,890 · program services $0 · management and general $0 · fundraising $49,890
-
24e · All other expenses
total $40,279 · program services $14,501 · management and general $14,097 · fundraising $11,681
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $247,766 · end of year $362,850
-
2 · Savings and temporary cash investments
beginning of year $303,137 · end of year $535,505
-
3 · Pledges and grants receivable
beginning of year $588,492 · end of year $111,303
-
4 · Accounts receivable
beginning of year $12,566 · end of year $14,193
-
9 · Prepaid expenses and deferred charges
beginning of year $11,437 · end of year $13,109
-
10a · Land, buildings and equipment: cost or other basis
$373,456
-
10b · Land, buildings and equipment: accumulated depreciation
$313,838
-
10c · Land, buildings and equipment, net
beginning of year $70,061 · end of year $59,618
-
11 · Investments: publicly traded securities
beginning of year $329,646 · end of year $345,239
-
15 · Other assets
beginning of year $1,867,046 · end of year $2,560,400
-
17 · Accounts payable and accrued expenses
beginning of year $145,801 · end of year $216,203
-
19 · Deferred revenue
beginning of year $522,713 · end of year $574,758
-
25 · Other liabilities
beginning of year $278,833 · end of year $210,785
-
27 · Net assets without donor restrictions
beginning of year $2,063,899 · end of year $2,558,443
-
28 · Net assets with donor restrictions
beginning of year $418,905 · end of year $442,028
Mission and programs · 2024
Mission
The Asheville Symphony Orchestra performs and promotes symphonic music for the benefit, enjoyment and education of the people of Western North Carolina.
-
The Asheville Symphony provides public concerts of orchestral and choral performances for the benefit of the broader community, as well as providing the opportunity for musicians and students to participate in diverse music education programs to foster an appreciation of music through public education.
Expenses $2,107,260 · Grants $7,547 · Revenue $1,218,182
-
In its 2024-2025 season, the ASO presented fifteen Masterworks concerts, three Pops concerts, three recitals, a free community engagement concert called Symphony in the Park, a four-concert ALT ASO chamber orchestra series, and its signature program, the Asheville Amadeus Festival starring internationally-acclaimed talent and featuring 40+ associated events.
-
ASO also operates many core music education programs, including the Asheville Symphony Youth Orchestra, an adult education program named Symphony Talk, its Music in the Schools educational programs for every 2nd, 3rd and 4th grader in City and County public schools, Young Peoples Concert programs for every 5th grader in City and County public schools, and its Hip Hop Folktale Project digital curriculum. In addition, The Asheville Symphony Chorus, Symphony Guild, and Symphonettes all offered their own programs throughout the season.
As filed on the 2024 return.
Listed in Part VII
-
Daniel Crupi
Executive Director
- Total calculated
- $152,753
- From this org
- $142,140
- From related orgs
- $0
- Other
- $10,613
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $142,140
- Bonus
- $0
- Other
- $0
- Deferred
- $3,951
- Nontaxable benefits
- $6,662
- Filer's total
- $152,753
-
Sue Luther
President
- Total calculated
- $0
- Hours/week
- 3
-
Sallie Broach
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
G Edward Towson
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Adarrell Gadsden
President Elect
- Total calculated
- $0
- Hours/week
- 3
-
Michael Andry
Past President
- Total calculated
- $0
- Hours/week
- 3
-
Clifford Albertson
Director
- Total calculated
- $0
- Hours/week
- 3
-
John Jack R Anderson
Director
- Total calculated
- $0
- Hours/week
- 3
-
Thomas Tom C Bolton
Director
- Total calculated
- $0
- Hours/week
- 3
-
Susan Harrington Butts
Director
- Total calculated
- $0
- Hours/week
- 3
-
Sean Comeaux
Director
- Total calculated
- $0
- Hours/week
- 3
-
John P Cuellar III MD
Director
- Total calculated
- $0
- Hours/week
- 3
-
George Dambach
Director
- Total calculated
- $0
- Hours/week
- 3
-
John W Ellis
Director
- Total calculated
- $0
- Hours/week
- 3
-
Bolling Farmer
Director
- Total calculated
- $0
- Hours/week
- 3
-
William Bill Gettys
Director
- Total calculated
- $0
- Hours/week
- 3
-
Scott Gregg
Director
- Total calculated
- $0
- Hours/week
- 3
-
Fred F Groce Jr
Director
- Total calculated
- $0
- Hours/week
- 3
-
Mary Kirby
Director
- Total calculated
- $0
- Hours/week
- 3
-
Pam Lowe-Hoyte
Director
- Total calculated
- $0
- Hours/week
- 3
-
Carol McCollum
Director
- Total calculated
- $0
- Hours/week
- 3
-
Patrick O'Cain
Director
- Total calculated
- $0
- Hours/week
- 3
-
Jeffrey Owen
Director
- Total calculated
- $0
- Hours/week
- 3
-
Kevin Pasarilla
Director
- Total calculated
- $0
- Hours/week
- 3
-
Richard Schaffer
Director
- Total calculated
- $0
- Hours/week
- 3
-
Jayne Schnaars
Director
- Total calculated
- $0
- Hours/week
- 3
-
Rachel Sossoman
Director
- Total calculated
- $0
- Hours/week
- 3
-
Jim Thompson
Director
- Total calculated
- $0
- Hours/week
- 3
-
Sarah Van Gunten
Director
- Total calculated
- $0
- Hours/week
- 3
-
David Worley
Director
- Total calculated
- $0
- Hours/week
- 3
-
Olivia Zahler
Director
- Total calculated
- $0
- Hours/week
- 3
-
Debra Green
Director
- Total calculated
- $0
- Hours/week
- 1
-
Cristian Rubiano
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$7,547
Hurricane assistance
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 20 March 2026
- IRS schema version
- 2024v5.2
- Source object
- 202610829349300616
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