Queens Symphony Orchestra Inc
- Assets
- $135.6k
- Revenue
- $350.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Flushing, NY
- Founding
- 03/1957
- Data as of
- 06/2023
- EIN
- 11-2106191
Organization Overview
Queens Symphony Orchestra Inc is located in Flushing, NY. The organization was established in 1957. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Queens Symphony Orchestra Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Queens Symphony Orchestra Inc generated $350.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $394.8k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE INTEREST IN MUSIC AND MUSICAL PRODCUTIONS AND TO STIMULATE PUBLIC INTEREST IS CLASSICAL MUSIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUEENS SYMPHONY ORCHESTRA QSO PRODUCES THREE CONCERT SERIES, PLUS AN EDUCATIONAL SERIES THE FAMILY CONCERT SERIES, THE MASTERWORKS CONCERT SERIES, THE CONCERTS ON THE GREEN CONCERT SERIES, AND SYMPHONY 101. FOR THE 2023 SEASON, 15 CONCERTS WERE PRESENTED FREE OF CHARGE WITH A CUMULATIVE ATTENDANCE OF OVER 5,000 PEOPLE OF ALL AGES, INCLUDING CHILDREN. QSO SERVES RESIDENTS OF THE MOST CULTURALLY DIVERSE COUNTY IN THE WORLD. WE ASPIRE TO PROMOTE THE ESSENTIAL VALUES OF CLASSICAL MUSIC THROUGH OUR LIVE PERFORMANCES AND INFORMAL INTERACTIONS BETWEEN THE CONDUCTOR AND AUDIENCE. PROGRAMMING INCLUDES TRADITIONAL CLASSICAL WORKS, INCLUDING TEMPORARY COMPOSERS. CONCERTS WERE HELD IN 12 NEIGHBORHOOD VENUES THROUGHOUT QUEENS, RANGING FROM LIBRARIES TO THE LARGE CONCERT HALL. WE WORK HARD TO BE ACCESSIBLE TO THE LOCAL COMMUNITIES WITH MUSIC RELATED TO THE POPULATION OF THAT COMMUNITY. AS NOTED, ALL QSO CONCERTS ARE FREE TO THE PUBLIC. IN ADDITION TO PUBLIC FUNDING, QSO HOSTS AN ANNUAL FUNDRAISING GALA AND FUNDRAISERS THAT FURTHER INTEGRATE PRIVATE AND PUBLIC SUPPORT FOR THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paysy Fang Chen Board Member | Trustee | 1 | $0 |
Edmond Coller Board Member | Trustee | 1 | $0 |
Rose Huang Board Member | Trustee | 1 | $0 |
Joseph Sciame Board Member | Trustee | 1 | $0 |
Kenichi Wilson President | Officer | 1 | $0 |
Tania Broschart Vice-President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $324,960 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,232 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $350,192 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $350,192 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $3,343 |
| Other employee benefits | $10,398 |
| Payroll taxes | $0 |
| Fees for services: Management | $40,969 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,762 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,573 |
| Office expenses | $180 |
| Information technology | $1,045 |
| Royalties | $0 |
| Occupancy | $5,015 |
| Travel | $17,243 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $471 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,294 |
| All other expenses | $0 |
| Total functional expenses | $394,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,829 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,690 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $13,113 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $135,632 |
| Accounts payable and accrued expenses | $10,363 |
| Grants payable | $0 |
| Deferred revenue | $13,114 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $131 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,608 |
| Net assets without donor restrictions | $112,024 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $135,632 |