Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $408,650

• 1e · Government grants (contributions)

  $215,630

• 1f · All other contributions, gifts and grants

  $1,607,458

• 1g · Noncash contributions included above

  $19,487

• 2a · Program service revenue: TICKET SALES

  total $1,578,566 · related or exempt $1,578,566

• 2b · Program service revenue: EDUCATION REVENUE

  total $209,258 · related or exempt $209,258

• 2c · Program service revenue: PROGRAM ADVERTISING

  total $52,575 · unrelated business $52,575

• 2d · Program service revenue: TICKET HANDLING FEES

  total $36,881 · related or exempt $36,881

• 2e · Program service revenue: EVENT PROMOTIONALS ( CD SALES)

  total $4,150 · related or exempt $4,150

• 2f · All other program service revenue

  total $2,400 · related or exempt $2,400

• 3 · Investment income

  total $729,513 · excluded $729,513

• 7a · Gross sales of assets other than inventory

  securities $1,792,969

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

  securities $1,234,371

• 7c · Gain or loss

  securities $558,598

• 7d · Net gain or loss

  total $558,598 · excluded $558,598

• 8a · Fundraising events: gross income

  $32,200

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

  $408,650

• 8b · Fundraising events: direct expenses

  $35,690

• 8c · Net income from fundraising events

  total -$3,490 · excluded -$3,490

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $305,062 · management and general $305,062

• 7 · Other salaries and wages

  total $2,475,114 · program services $2,245,254 · management and general $46,996 · fundraising $182,864

• 9 · Other employee benefits

  total $130,086 · program services $125,946 · fundraising $4,140

• 10 · Payroll taxes

  total $252,143 · program services $187,922 · management and general $47,754 · fundraising $16,467

• 11f · Fees: investment management

  total $73,760 · management and general $73,760

• 11g · Fees: other

  total $218,963 · program services $16,340 · management and general $199,955 · fundraising $2,668

• 12 · Advertising and promotion

  total $278,232 · program services $276,300 · management and general $307 · fundraising $1,625

• 14 · Information technology

  total $40,147 · program services $1,312 · management and general $38,835

• 16 · Occupancy

  total $41,386 · program services $23,191 · management and general $12,461 · fundraising $5,734

• 20 · Interest

  total $2,601 · program services $1,836 · management and general $306 · fundraising $459

• 22 · Depreciation, depletion and amortization

  total $106,028 · program services $72,898 · management and general $15,854 · fundraising $17,276

• 23 · Insurance

  total $210,398 · program services $151,436 · management and general $23,476 · fundraising $35,486

• 24a · Other expenses: PRODUCTION COSTS

  total $575,985 · program services $566,864 · management and general $6,027 · fundraising $3,094

• 24b · Other expenses: BUSINESS/DONOR CULTIVAT

  total $104,654 · management and general $43,729 · fundraising $60,925

• 24c · Other expenses: BANK CHARGES AND TAXES

  total $67,730 · program services $55,056 · management and general $6,300 · fundraising $6,374

• 24d · Other expenses: OTHER

  total $46,368 · program services $8,071 · management and general $37,109 · fundraising $1,188

• 24e · All other expenses

  total $10,360 · program services $5,500 · management and general $2,260 · fundraising $2,600

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $366,564 · end of year $521,333

• 2 · Savings and temporary cash investments

  beginning of year $2,428,526 · end of year $4,183,669

• 3 · Pledges and grants receivable

  beginning of year $873,750 · end of year $794,485

• 4 · Accounts receivable

  beginning of year $66,912 · end of year $44,425

• 9 · Prepaid expenses and deferred charges

  beginning of year $118,902 · end of year $111,045

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

  $370,077

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

  $315,301

• 10c · Land, buildings and equipment, net

  beginning of year $18,965 · end of year $54,776

• 11 · Investments: publicly traded securities

  beginning of year $9,633,420 · end of year $9,882,840

• 12 · Investments: other securities

  beginning of year $9,876,602 · end of year $9,280,616

• 15 · Other assets

  beginning of year $977,098 · end of year $835,568

• 17 · Accounts payable and accrued expenses

  beginning of year $93,922 · end of year $236,529

• 19 · Deferred revenue

  beginning of year $979,730 · end of year $1,025,604

• 25 · Other liabilities

  beginning of year $140,310 · end of year $28,639

• 27 · Net assets without donor restrictions

  beginning of year $13,327,563 · end of year $14,582,393

• 28 · Net assets with donor restrictions

  beginning of year $9,819,214 · end of year $9,835,592

The filer's explanations (Part III)

PART I, LINE 7

BONUS FOR OFFICERS IS DETERMINED BY EMPLOYEE PERFORMANCE AND THE FINANCIAL HEALTH OF THE SYMPHONY.