Form 990 for tax year 2022
Filed by NEW BEDFORD SYMPHONY ORCHESTRA ASSOCIATION INC.
Totals
- Total revenue
- $1,712,888
- Total expenses
- $1,638,528
- Contributions and grants received
- $1,119,881
- Grants paid
- $0
- Program service revenue
- $396,319
- Investment income
- $81,447
- Other revenue
- $115,241
- Total assets, end of year
- $5,150,292
- Total liabilities, end of year
- $109,938
- Net assets or fund balances, end of year
- $5,040,354
- Program services expenses (Part IX)
- $1,224,764
- Management and general expenses
- $220,645
- Fundraising expenses
- $193,119
- Program service expenses (Part III)
- $1,224,764
Program services were 74.7% 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.
-
1e · Government grants (contributions)
$10,950
-
1f · All other contributions, gifts and grants
$1,108,931
-
1g · Noncash contributions included above
$53,995
-
2a · Program service revenue: SYMPHONY PERFORMANCES
total $360,233 · related or exempt $360,233
-
2b · Program service revenue: SPONSORSHIPS
total $36,086 · related or exempt $36,086
-
3 · Investment income
total $124,059 · excluded $124,059
-
7a · Gross sales of assets other than inventory
securities $578,561 · other assets $9,000
-
7b · Less cost or other basis and sales expenses
securities $630,173 · other assets $0
-
7c · Gain or loss
securities -$51,612 · other assets $9,000
-
7d · Net gain or loss
total -$42,612 · related or exempt -$42,612
-
8a · Fundraising events: gross income
$363,404
-
8b · Fundraising events: direct expenses
$248,163
-
8c · Net income from fundraising events
total $115,241 · excluded $115,241
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $133,115 · program services $66,557 · management and general $33,279 · fundraising $33,279
-
6 · Compensation of disqualified persons
total $373,019 · program services $236,073 · management and general $70,174 · fundraising $66,772
-
9 · Other employee benefits
total $16,604 · program services $8,302 · management and general $4,151 · fundraising $4,151
-
10 · Payroll taxes
total $40,258 · program services $24,071 · management and general $8,229 · fundraising $7,958
-
11c · Fees: accounting
total $12,350 · management and general $12,350
-
11g · Fees: other
total $48,000 · fundraising $48,000
-
12 · Advertising and promotion
total $56,084 · program services $28,042 · fundraising $28,042
-
13 · Office expenses
total $30,412 · program services $9,772 · management and general $18,394 · fundraising $2,246
-
16 · Occupancy
total $26,708 · program services $2,671 · management and general $21,366 · fundraising $2,671
-
17 · Travel
total $71,810 · program services $71,810
-
22 · Depreciation, depletion and amortization
total $13,591 · program services $13,591
-
23 · Insurance
total $20,284 · management and general $20,284
-
24a · Other expenses: MUSICIANS
total $454,428 · program services $454,428
-
24b · Other expenses: HALL RENTAL AND STAGE H
total $132,109 · program services $132,109
-
24c · Other expenses: EDUCATION PROGRAMS
total $33,106 · program services $33,106
-
24d · Other expenses: FACILITY FEES
total $30,331 · program services $30,331
-
24e · All other expenses
total $146,319 · program services $113,901 · management and general $32,418
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $120,309 · end of year $28,705
-
2 · Savings and temporary cash investments
beginning of year $30,164 · end of year $1,000
-
4 · Accounts receivable
beginning of year $0 · end of year $4,200
-
9 · Prepaid expenses and deferred charges
beginning of year $33,958 · end of year $20,701
-
10a · Land, buildings and equipment: cost or other basis
$132,249
-
10b · Land, buildings and equipment: accumulated depreciation
$72,297
-
10c · Land, buildings and equipment, net
beginning of year $33,593 · end of year $59,952
-
11 · Investments: publicly traded securities
beginning of year $4,647,383 · end of year $5,035,734
-
17 · Accounts payable and accrued expenses
beginning of year $17,486 · end of year $29,127
-
19 · Deferred revenue
beginning of year $207,050 · end of year $80,811
-
27 · Net assets without donor restrictions
beginning of year $2,093,422 · end of year $2,106,652
-
28 · Net assets with donor restrictions
beginning of year $2,547,449 · end of year $2,933,702
Mission and programs · 2022
Mission
TO BE A COMMUNITY LEADER IN ARTS EDUCATION AND TO PROVIDE LOW COST CONCERTS FOR THE SURROUNDING COMMUNITY.
Activities or mission (Part I)
THE MISSION OF THE NEW BEDFORD SYMPHONY ORCHESTRA IS TO PLACE THE WORLD'S FINEST SYMPHONIC MUSIC AT THE CENTER OF THE CULTURAL LIFE OF THE SOUTH COAST AND TO WORK WITH OTHERS TO BRING CLASSICAL AND OTHER MUSIC INTO THE LIVES OF EVERYONE IN THEIR COMMUNITY. THE ORGANIZATION ENRICHES THE LIVES OF ADULTS AND CHILDREN THROUGH THE TRANSFORMING POWER OF GREAT MUSIC. THE ORGANIZATION PRESENTS PASSIONATE AND ENGAGING CONCERTS AT THE HIGHEST LEVEL OF PROFESSIONAL STANDARDS AND PROVIDES EDUCATIONAL PROGRAMS FOR PEOPLE OF ALL AGES THAT DEEPEN THEIR ENJOYMENT OF MUSIC AND MAKE IT A PART OF THEIR DAILY LIVES.
-
THE NEW BEDFORD SYMPHONY IS A PROFESSIONAL ORCHESTRA THAT PERFORMS A CONCERT SEASON WITH GUEST ARTISTS FROM AROUND THE WORLD. NBSO MUSICIANS ALSO PRESENT DOZENS OF SMALL ENSEMBLE PERFORMANCES EVERY YEAR THROUGHOUT THE SOUTH COAST.
Expenses $299,212 · Revenue $332,777
-
NBSO EDUCATIONAL PROGRAMS SERVED APPROXIMATELY 10,000 CHILDREN THROUGH (1) LEARNING IN CONCERT: AN INTERACTIVE CONCERT BY NBSO MUSICIANS IN LOCAL SCHOOLS; (2) YOUNG PEOPLE'S CONCERTS: STUDENTS ATTENDING A SPECIAL NBSO CHILDREN'S CONCERT AT THE Z; AND (3) NEW BEDFORD SYMPHONY YOUTH ORCHESTRA: STUDENT MUSICIANS PLAYING IN FOUR ENSEMBLES RANGING FROM BEGINNERS TO ADVANCED.
Expenses $925,552 · Revenue $62,100
As filed on the 2022 return.
Listed in Part VII
-
Janet CoquilletteJANET COQUILLETTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jan BichselJAN BICHSEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dorothy HeathDOROTHY HEATH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Paul A LamoureuxPAUL A LAMOUREUX
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Susan LeclairSUSAN LECLAIR
CLERK
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer MemoliJENNIFER MEMOLI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Eric HuberERIC HUBER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Michael SudofskyMICHAEL SUDOFSKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Robert B FeingoldROBERT B FEINGOLD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Michael A EspositoMICHAEL A ESPOSITO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr Albert J FoxDR ALBERT J FOX
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Susan MeadSUSAN MEAD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Edward OttensmeyerEDWARD OTTENSMEYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Geoff SwettGEOFF SWETT
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Alexandra WoodruffALEXANDRA WOODRUFF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Sandria R ParsonsSANDRIA R PARSONS
TRUSTEE/BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Frances LevinFRANCES LEVIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr Alvin MarcoviciDR ALVIN MARCOVICI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Barry SteinbergBARRY STEINBERG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Raina LamadeRAINA LAMADE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Margot StoneMARGOT STONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
David PrentissDAVID PRENTISS
PRESIDENT/CEO
- Total calculated
- $124,809
- From this org
- $124,809
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 2022
- Filed
- 16 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441779349300139
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