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Nonprofiteer
← HARTFORD SYMPHONY ORCHESTRA INC

Form 990 for tax year 2024

Filed by HARTFORD SYMPHONY ORCHESTRA INC.

Totals

Total revenue
$6,482,017
Total expenses
$6,382,088
Contributions and grants received
$3,718,362
Grants paid
$0
Program service revenue
$2,038,598
Investment income
$725,057
Other revenue
$0
Total assets, end of year
$13,393,826
Total liabilities, end of year
$1,341,679
Net assets or fund balances, end of year
$12,052,147
Program services expenses (Part IX)
$4,980,202
Management and general expenses
$676,444
Fundraising expenses
$725,442
Program service expenses (Part III)
$4,980,202

Program services were 78.0% 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.

  • 1c · Fundraising events

    $92,150

  • 1e · Government grants (contributions)

    $8,299

  • 1f · All other contributions, gifts and grants

    $3,617,913

  • 1g · Noncash contributions included above

    $47,668

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $2,038,598 · related or exempt $2,038,598

  • 3 · Investment income

    total $309,221 · excluded $309,221

  • 7a · Gross sales of assets other than inventory

    securities $3,886,541

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

    securities $3,470,705

  • 7c · Gain or loss

    securities $415,836

  • 7d · Net gain or loss

    total $415,836 · excluded $415,836

  • 8a · Fundraising events: gross income

    $312,359

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

    $92,150

  • 8b · Fundraising events: direct expenses

    $312,359

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $366,514 · program services $239,379 · management and general $101,708 · fundraising $25,427

  • 7 · Other salaries and wages

    total $2,854,254 · program services $2,297,682 · management and general $195,477 · fundraising $361,095

  • 8 · Pension plan contributions

    total $171,492 · program services $130,525 · management and general $19,432 · fundraising $21,535

  • 9 · Other employee benefits

    total $151,569 · program services $115,361 · management and general $17,175 · fundraising $19,033

  • 10 · Payroll taxes

    total $260,782 · program services $198,485 · management and general $29,550 · fundraising $32,747

  • 11b · Fees: legal

    total $4,485 · management and general $4,485

  • 11c · Fees: accounting

    total $30,350 · management and general $30,350

  • 11e · Fees: professional fundraising services

    total $62,928 · fundraising $62,928

  • 11f · Fees: investment management

    total $63,720 · management and general $63,720

  • 12 · Advertising and promotion

    total $311,798 · program services $311,798

  • 13 · Office expenses

    total $146,235 · program services $94,751 · management and general $25,959 · fundraising $25,525

  • 16 · Occupancy

    total $477,138 · program services $477,138

  • 17 · Travel

    total $133,058 · program services $85,124 · management and general $12,941 · fundraising $34,993

  • 22 · Depreciation, depletion and amortization

    total $1,990 · program services $1,990

  • 23 · Insurance

    total $79,545 · program services $48,219 · management and general $15,663 · fundraising $15,663

  • 24a · Other expenses: CONTRACT SERVICES

    total $1,004,501 · program services $794,839 · management and general $128,437 · fundraising $81,225

  • 24b · Other expenses: SEMINARS, FEES, AND DUES

    total $86,368 · program services $50,244 · management and general $21,418 · fundraising $14,706

  • 24c · Other expenses: BANK AND CREDIT CARD FEES

    total $74,840 · program services $58,878 · management and general $5,306 · fundraising $10,656

  • 24d · Other expenses: MUSIC RENTAL

    total $42,342 · program services $42,342

  • 24e · All other expenses

    total $58,179 · program services $33,447 · management and general $4,823 · fundraising $19,909

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $797,965 · end of year $1,030,011

  • 3 · Pledges and grants receivable

    beginning of year $1,721,019 · end of year $1,131,447

  • 4 · Accounts receivable

    beginning of year $20,397 · end of year $17,613

  • 9 · Prepaid expenses and deferred charges

    beginning of year $66,011 · end of year $92,626

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

    $199,332

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

    $196,347

  • 10c · Land, buildings and equipment, net

    beginning of year $4,976 · end of year $2,985

  • 11 · Investments: publicly traded securities

    beginning of year $10,166,855 · end of year $11,046,328

  • 15 · Other assets

    beginning of year $103,357 · end of year $72,816

  • 17 · Accounts payable and accrued expenses

    beginning of year $684,086 · end of year $643,408

  • 19 · Deferred revenue

    beginning of year $626,197 · end of year $698,271

  • 27 · Net assets without donor restrictions

    beginning of year $2,239,546 · end of year $1,450,464

  • 28 · Net assets with donor restrictions

    beginning of year $9,330,751 · end of year $10,601,683

Mission and programs · 2024

Mission

TO ENRICH LIVES AND COMMUNITY THROUGH GREAT MUSIC.

  • PROVIDED OVER 50 CONCERTS AND OVER 75 EDUCATIONAL AND OUTREACH PROGRAMS, REACHING AN AUDIENCE OF 80,000 PEOPLE. EARNED REVENUE THROUGH TICKET SALES AND CONCERT FEES.

    Expenses $4,980,202 · Revenue $2,038,598

As filed on the 2024 return.

Listed in Part VII

  • Carolyn Kuan

    MUSIC DIRECT

    Total calculated
    $198,965
    From this org
    $198,965
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,965
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $198,965
  • Stephen H Collins

    PRESIDENT &

    Total calculated
    $161,640
    From this org
    $161,640
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,640
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $161,640
  • Karen Sprout

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Harvey Kelly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Murray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Verney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Francys Jesson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Luis Federico Diez-Morales MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Abraham L Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Keith Grant

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gerald L Hess

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephen F Roche

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marissa Baum

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • June Archer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kristin Roger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pamela Lucas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mathew P Jasinski Esq

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lalitha Shivaswamy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tony Falcetti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joseph D Spada

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Bob Garthwait Jr

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    1
  • Edwin S Shirley

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    1
  • Diane Whitney

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    1
  • David M Roth

    CHAIR - INVE

    Total calculated
    $0
    Hours/week
    1
  • Kristen Phillips

    CHAIR - MARK

    Total calculated
    $0
    Hours/week
    1
  • Bruce Barth Esq

    CHAIR - FINA

    Total calculated
    $0
    Hours/week
    1
  • Esther A Pryor

    CHAIR - HR

    Total calculated
    $0
    Hours/week
    1
  • Robert C Bausmith

    CHAIRMAN

    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

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
2 July 2026
IRS schema version
2024v5.0
Source object
202601959349300145

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