Totals
- Total revenue
- $23,085,928
- Total expenses
- $25,082,337
- Contributions and grants received
- $13,990,599
- Grants paid
- $0
- Program service revenue
- $9,057,076
- Investment income
- $44,627
- Other revenue
- -$6,374
- Total assets, end of year
- $12,835,394
- Total liabilities, end of year
- $9,613,984
- Net assets or fund balances, end of year
- $3,221,410
- Program services expenses (Part IX)
- $20,976,562
- Management and general expenses
- $2,633,625
- Fundraising expenses
- $1,472,150
- Program service expenses (Part III)
- $20,976,562
Program services were 83.6% 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
$313,095
-
1d · Related organizations
$6,290,436
-
1e · Government grants (contributions)
$145,220
-
1f · All other contributions, gifts and grants
$7,241,848
-
1g · Noncash contributions included above
$162,531
-
2a · Program service revenue: TICKET SALES & FEES INCOME
total $9,057,076 · related or exempt $9,057,076
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $44,627 · excluded $44,627
-
6a · Gross rents
real property $112,135
-
6b · Less rental expenses
real property $515,814
-
6c · Rental income or loss
real property -$403,679 · personal property $0
-
6d · Net rental income or loss
total -$403,679 · excluded -$403,679
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$76,564
-
8a · Fundraising events: contributions included on line 1c
$313,095
-
8b · Fundraising events: direct expenses
$280,619
-
8c · Net income from fundraising events
total -$204,055 · excluded -$204,055
-
9a · Gaming: gross income
$1,235
-
9b · Gaming: direct expenses
$50
-
9c · Net income from gaming
total $1,185 · excluded $1,185
-
10a · Gross sales of inventory
$637,354
-
10b · Cost of goods sold
$231,579
-
10c · Net income from sales of inventory
total $405,775 · related or exempt $405,775
-
11a · Other revenue: MISCELLANEOUS INCOME
total $78,925 · related or exempt $78,925
-
11b · Other revenue: Program Advertising
total $65,475 · unrelated business $65,475
-
11c · Other revenue: FOUNDATION SERVICE FEE
total $50,000 · related or exempt $50,000
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$194,400
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $654,628 · program services $344,912 · management and general $309,716
-
7 · Other salaries and wages
total $10,263,685 · program services $8,975,898 · management and general $551,730 · fundraising $736,057
-
8 · Pension plan contributions
total $790,961 · program services $439,387 · management and general $189,585 · fundraising $161,989
-
9 · Other employee benefits
total $1,637,285 · program services $1,425,728 · management and general $114,081 · fundraising $97,476
-
10 · Payroll taxes
total $804,536 · program services $675,579 · management and general $69,539 · fundraising $59,418
-
11b · Fees: legal
total $101,024 · management and general $101,024
-
11c · Fees: accounting
total $75,289 · management and general $75,289
-
11g · Fees: other
total $708,073 · program services $480,566 · management and general $102,782 · fundraising $124,725
-
12 · Advertising and promotion
total $773,848 · program services $773,848
-
13 · Office expenses
total $1,494,509 · program services $642,977 · management and general $770,356 · fundraising $81,176
-
15 · Royalties
total $76,401 · program services $76,401
-
16 · Occupancy
total $1,891,422 · program services $1,798,446 · management and general $46,488 · fundraising $46,488
-
17 · Travel
total $15,256 · program services $12,460 · fundraising $2,796
-
19 · Conferences, conventions and meetings
total $23,691 · program services $14,096 · management and general $6,820 · fundraising $2,775
-
22 · Depreciation, depletion and amortization
total $412,949 · program services $394,911 · management and general $9,019 · fundraising $9,019
-
23 · Insurance
total $176,521 · program services $28,540 · management and general $147,981
-
24a · Other expenses: GENERAL PRODUCTION
total $1,681,719 · program services $1,681,719
-
24b · Other expenses: GUEST ARTISTS
total $2,099,019 · program services $2,099,019
-
24c · Other expenses: CONCERT FRONT OF HOUSE
total $310,237 · program services $310,237
-
24d · Other expenses: HOSPITALITY
total $317,853 · program services $303,248 · management and general $14,605
-
24e · All other expenses
total $773,431 · program services $498,590 · management and general $124,610 · fundraising $150,231
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,479,037 · end of year $863,247
-
2 · Savings and temporary cash investments
beginning of year $39,420 · end of year $3,034,451
-
3 · Pledges and grants receivable
beginning of year $2,690,183 · end of year $2,740,683
-
4 · Accounts receivable
beginning of year $103,749 · end of year $414,382
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $282,692
-
8 · Inventories for sale or use
beginning of year $11,634 · end of year $9,003
-
9 · Prepaid expenses and deferred charges
beginning of year $895,218 · end of year $735,767
-
10a · Land, buildings and equipment: cost or other basis
$10,034,140
-
10b · Land, buildings and equipment: accumulated depreciation
$8,388,735
-
10c · Land, buildings and equipment, net
beginning of year $1,715,281 · end of year $1,645,405
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $54,567 · end of year $3,109,764
-
17 · Accounts payable and accrued expenses
beginning of year $1,827,717 · end of year $1,447,045
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $2,755,832 · end of year $3,211,643
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $2,115,314 · end of year $4,955,296
-
27 · Net assets without donor restrictions
beginning of year $1,571,880 · end of year -$232,552
-
28 · Net assets with donor restrictions
beginning of year $2,718,346 · end of year $3,453,962
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
TO INSPIRE, ENTERTAIN, EDUCATE AND CHALLENGE THROUGH INNOVATIVE PROGRAMS AND SYMPHONIC MUSIC PERFORMED AT THE HIGHEST ARTISTIC LEVEL.
-
THE INDIANAPOLIS SYMPHONY ORCHESTRA IS THE LARGEST PERFORMING ARTS ORGANIZATION IN THE STATE OF INDIANA, PERFORMING A YEAR-ROUND SCHEDULE OF CONCERTS AND EDUCATION PROGRAMS. EACH SEASON, THE INDIANAPOLIS SYMPHONY ORCHESTRA PRESENTS A WIDE REPERTOIRE OF ORCHESTRAL MUSIC, INCLUDING COMMISSIONS OF NEW MUSIC, BOTH CLASSICAL AND POPS. CONCERTS INCLUDE PROGRAMS OF CLASSICAL MUSIC, SYMPHONIC POPS PERFORMANCES, FAMILY ORIENTED PROGRAMS, HOLIDAY PROGRAMS, UNCHARTED, THE OUTDOOR SUMMER SERIES AND MANY MORE. THE INDIANAPOLIS SYMPHONY ORCHESTRA IS DEDICATED TO LEADING THE FIELD IN MUSIC EDUCATION. SYMPHONY MUSICIANS AND STAFF CREATE PIONEERING LEARNING OPPORTUNITIES FOR PARTICIPANTS THROUGHOUT THE STATE THROUGH A VARIETY OF PROJECTS WHICH IMPACT STUDENTS AND ADULTS IN THE INDIANAPOLIS SYMPHONY ORCHESTRA'S LEARNING COMMUNITY. THE METROPOLITAN YOUTH ORCHESTRA WHICH IS A YOUTH AND FAMILY DEVELOPMENT PROGRAM OF THE LEARNING COMMUNITY USES THE LIFE SKILLS LEARNED IN MUSIC INSTRUCTION TO ENGAGE YOUTH IN ACTIVITIES THAT DISCOURAGE AT-RISK BEHAVIORS AND KEEP THEM COMMITTED TO STAYING IN SCHOOL. THE HISTORIC HILBERT CIRCLE THEATRE ON MONUMENT CIRCLE IN DOWNTOWN INDIANAPOLIS IS HOME TO THE INDIANAPOLIS SYMPHONY ORCHESTRA AND IS OWNED BY THE ORANGIZATION'S FOUNDATION. OUTSIDE THE THEATRE, THE INDIANAPOLIS SYMPHONY CAN BE HEARD LIVE IN SEVERAL INDIANA COMMUNITIES. AS A LEADING MEMBER OF THE ARTS COMMUNITY IN INDIANAPOLIS, THE INDIANAPOLIS SYMPHONY ORCHESTRA COLLABORATES ON A REGULAR BASIS WITH OTHER ARTS COMPANIES INCLUDING DANCE KALEIDOSCOPE, THE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS, AND THE AMERICAN PIANIISTS ASSOCIATION.
Expenses $20,976,562 · Revenue $9,591,776
As filed on the 2022 return.
Listed in Part VII
-
Christina Bodurow PHD
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Greg Loewen
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Peter W Howard PHD
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Phil Kenney
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Alice K Schloss
Director
- Total calculated
- $0
- Hours/week
- 2
-
Brian Smith
Director
- Total calculated
- $0
- Hours/week
- 2
-
Bruce McCaw
Director
- Total calculated
- $0
- Hours/week
- 2
-
Bryan Brenner
Director (Thru 11/2022)
- Total calculated
- $0
- Hours/week
- 2
-
C Daniel Yates
Director
- Total calculated
- $0
- Hours/week
- 2
-
Cheryl J Dick
Director
- Total calculated
- $0
- Hours/week
- 2
-
Christopher Slapak MD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Craig Fenneman
Director
- Total calculated
- $0
- Hours/week
- 2
-
David Wilcox
Director
- Total calculated
- $0
- Hours/week
- 2
-
Diane Evans
Director (Thru 1/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Eloise Paul
Director
- Total calculated
- $0
- Hours/week
- 2
-
Eric Sutphin
Director (Began 01/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Fred Winters
Director
- Total calculated
- $0
- Hours/week
- 2
-
J Albert Smith Jr
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jackie Nytes
Director
- Total calculated
- $0
- Hours/week
- 2
-
James C Zink Sr
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jan Pierce
Director
- Total calculated
- $0
- Hours/week
- 2
-
John Bratt
Director (Thru 01/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Karen Ann P Lloyd
Director
- Total calculated
- $0
- Hours/week
- 2
-
Karen H Mersereau
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kiamesha Colom
Director
- Total calculated
- $0
- Hours/week
- 2
-
LaTonya Turner PhD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Liz Kyzr
Director
- Total calculated
- $0
- Hours/week
- 2
-
Lucia J Mar
Director
- Total calculated
- $0
- Hours/week
- 2
-
Marianne Williams Tobias
Director (Thru 07/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Michael Becher
Director
- Total calculated
- $0
- Hours/week
- 2
-
Natalie Furney
Director
- Total calculated
- $0
- Hours/week
- 2
-
Peter A Morse Jr
Director
- Total calculated
- $0
- Hours/week
- 2
-
Ralph V Wihelm
Director (Thru 10/2022)
- Total calculated
- $0
- Hours/week
- 2
-
Robert J Goulet MD
Director (Thru 04/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Sarah Studzinski
Director (Thru 08/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Sean L Huddleston PhD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Steven Rake
Director
- Total calculated
- $0
- Hours/week
- 2
-
Terry Snell
Director
- Total calculated
- $0
- Hours/week
- 2
-
Yecenia Tostado
Director
- Total calculated
- $0
- Hours/week
- 2
-
Yvonne H Shaheen
Director
- Total calculated
- $0
- Hours/week
- 2
-
James M Johnson
CEO
- Total calculated
- $294,196
- From this org
- $255,817
- From related orgs
- $0
- Other
- $38,379
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $254,360
- Bonus
- $0
- Other
- $1,457
- Deferred
- $7,312
- Nontaxable benefits
- $31,067
- Filer's total
- $294,196
-
Jennifer Janik
CFO
- Total calculated
- $163,898
- From this org
- $141,309
- From related orgs
- $0
- Other
- $22,589
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $136,099
- Bonus
- $0
- Other
- $5,210
- Deferred
- $4,549
- Nontaxable benefits
- $18,040
- Filer's total
- $163,898
-
Jack Everly
Pops Conductor
- Total calculated
- $260,282
- From this org
- $246,862
- From related orgs
- $0
- Other
- $13,420
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $242,074
- Bonus
- $0
- Other
- $4,788
- Deferred
- $2,931
- Nontaxable benefits
- $10,489
- Filer's total
- $260,282
-
Bennett Crantford
Musician & Asst. Orchestra Personnel Manager
- Total calculated
- $148,482
- From this org
- $135,222
- From related orgs
- $0
- Other
- $13,260
- Hours/week
- 37.5
-
Christopher Williams
Stage Manager
- Total calculated
- $163,430
- From this org
- $126,891
- From related orgs
- $0
- Other
- $36,539
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $126,801
- Bonus
- $0
- Other
- $90
- Deferred
- $4,019
- Nontaxable benefits
- $32,520
- Filer's total
- $163,430
-
Ed Parsons
VP of Artistic
- Total calculated
- $172,916
- From this org
- $144,166
- From related orgs
- $0
- Other
- $28,750
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $143,956
- Bonus
- $0
- Other
- $210
- Deferred
- $4,462
- Nontaxable benefits
- $24,288
- Filer's total
- $172,916
-
Kevin Lin
Concertmaster
- Total calculated
- $264,605
- From this org
- $240,223
- From related orgs
- $0
- Other
- $24,382
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $238,110
- Bonus
- $2,077
- Other
- $36
- Deferred
- $7,269
- Nontaxable benefits
- $17,113
- Filer's total
- $264,605
-
Stephanie Hays Hussoni
VP of Development
- Total calculated
- $156,580
- From this org
- $150,034
- From related orgs
- $0
- Other
- $6,546
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $149,719
- Bonus
- $0
- Other
- $315
- Deferred
- $4,552
- Nontaxable benefits
- $1,994
- Filer's total
- $156,580
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 · Compensation survey or study
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
INDIANAPOLIS SYMPHONY ORCHESTRA FOUNDATION INC
501(c)(3) · FINANCIAL SUPPORT OF INDIANA SYMPHONY SOCIETY · IN
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421979349301212
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