Symphony Space Inc

Organization Overview

Symphony Space Inc is located in New York, NY. The organization was established in 1978. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Symphony Space Inc employed 106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Symphony Space 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 06/2022, Symphony Space Inc generated $6.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $5.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

WE LAUNCHED THE FY22 SEASON WITH EQUAL MEASURES OF ENTHUSIASM AND CAUTION AS WE WELCOMED ARTISTS AND AUDIENCES BACK TO OUR THEATERS AFTER 19 MONTHS OF VIRTUAL-ONLY PROGRAMMING. WE MAPPED OUT A CAREFUL REOPENING PLAN FOR OUR SEASON WITH A LIGHT ROSTER OF FALL SHOWS, INCREASING PROGRAMMING MID-WINTER, AND BUILDING TO A MORE ROBUST LINE-UP IN THE SPRING.

Describe the Organization's Program Activity:

LITERATUREON OUR PHYSICAL AND VIRTUAL STAGES, SYMPHONY SPACE PRESENTED A FULL SLATE OF ARTISTICALLY AND CULTURALLY DIVERSE LITERARY PROGRAMS THAT FEATURE CLASSIC AND CONTEMPORARY WORKS BY ESTABLISHED AND EMERGING AUTHORS. OUR SELECTED SHORTS LITERARY SERIES WAS CONCEIVED WITH A SIMPLE PREMISE-GREAT STORIES PERFORMED BY GREAT ACTORS-AND IT HAS INFLUENCED GENERATIONS OF READERS THROUGH LIVE PERFORMANCES ON STAGES IN NEW YORK CITY AND ACROSS THE COUNTRY. THE SELECTED SHORTS RADIO HOUR AIRS ON 120 PUBLIC RADIO STATIONS, ATTRACTING 200,000 LISTENERS EACH WEEK; MORE THAN 55,000 PEOPLE DOWNLOAD THE PODCAST EVERY WEEK.AT THE THALIA BOOK CLUB, READERS AND WRITERS REVISITED CHERISHED CLASSICS AND EXPLORED NEW AND NOTEWORTHY WORKS THROUGHOUT EVENTS THAT FEATURED WIDE-RANGING AUTHOR INTERVIEWS, A VIVID PERFORMANCE OF AN EXCERPT BY AN ACTOR, AND A LIVELY Q & A WITH THE AUDIENCE.


BROADCASTING, FILM, MUSIC, FAMILY PROGRAMS, WALL TO WALL AND OTHER PROGRAMS.


RENTALSSYMPHONY SPACE FOSTERS COMMUNITY AND ARTISTIC EXPRESSION BEYOND OUR OWN PROGRAMMING, FROM MAYORAL DEBATES TO MUSIC PERFORMANCES, FROM SCHOOL GRADUATIONS TO INTERNATIONAL DANCE COMPETITIONS. BY OFFERING FULLY-EQUIPPED THEATERS, AS WELL AS BOX OFFICE, MARKETING, AND HOUSE MANAGEMENT SERVICES AT RENTAL RATES LOWER THAN COMPARABLE VENUES, WE PROVIDE AN AFFORDABLE HOME TO COMMUNITY AND PERFORMING ARTS ORGANIZATIONS. IN FY22, WE SUPPORTED 96 RENTAL EVENTS BY MORE THAN 80 VISITING PRESENTERS, JOYOUSLY WELCOMING BACK THESE ARTISTS, COMMUNITY GROUPS, AND THEIR AUDIENCES AFTER THE NEARLY COMPLETE SHUT-DOWN OF OUR THEATERS IN FY21.


ARTS EDUCATIONSYMPHONY SPACE'S GLOBAL ARTS PROGRAM DELIVERED CREATIVE AND RESTORATIVE EDUCATIONAL EXPERIENCES FOR 15,000 STUDENTS ACROSS NEW YORK CITY, HARNESSING THE POWER OF THE ARTS TO EXPLORE THE TRADITIONS AND INFLUENCES OF AFRICAN, ASIAN, NATIVE AMERICAN, AND LATIN AMERICAN CULTURES. WE PRODUCED THREE NEWLY CURATED SHOWS, EACH LIVESTREAMED DIRECTLY FROM OUR THEATER INTO SCHOOLS - COMPLETELY FREE-OF-CHARGE. FROM THE BRONX TO BROOKLYN, ACROSS MANHATTAN AND QUEENS, 29 SCHOOLS PARTICIPATED, AND OUR TEACHING ARTISTS BROUGHT RICH CULTURAL HISTORIES AND ART TO LIFE FOR THOUSANDS OF CHILDREN IN SCHOOLS AND HOMES WHERE THEY WERE LEARNING AND LIVING. OUR ALL WRITE! LITERACY PROGRAM HELPS ADULT LEARNERS DRAMATICALLY IMPROVE THEIR READING AND WRITING SKILLS-ALONG WITH THEIR PROSPECTS FOR A MORE SATISFYING LIFE. SYMPHONY SPACE PARTNERS WITH THE COLLEGES, LIBRARIES, AND COMMUNITY-BASED ORGANIZATIONS TO OPEN A WORLD OF OPPORTUNITIES FOR ADULT LEARNERS AND THEIR FAMILIES-COMPLETELY FREE OF CHARGE. TO ACCOMMODATE HEALTH AND SAFETY NEEDS, AS WELL AS THE GROWING GEOGRAPHICAL REACH OF THE PROGRAM, WE OFFERED BOTH IN-PERSON AND VIRTUAL PROFESSIONAL DEVELOPMENT WORKSHOPS FOR LITERACY INSTRUCTORS, AND OUR PERFORMANCES WERE AVAILABLE TO IN-PERSON AUDIENCES AND VIA LIVESTREAM.


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Board, Officers & Key Employees

Name (title)Compensation
Lenore Davis
Chair
$0
Elaine Hochberg
Vice Chair
$0
Richard Mittenthal
Vice Chair
$0
Steven Aresty
Treasurer
$0
Howard Kailes
Secretary
$0
Steven M Alden
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$118,205
Fundraising events$417,228
Related organizations$0
Government grants $2,484,545
All other contributions, gifts, grants, and similar amounts not included above$1,051,095
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,071,073
Total Program Service Revenue$1,572,731
Investment income $161,490
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $425,324
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $46,667
Miscellaneous Revenue$0
Total Revenue $6,280,684

Peer Organizations

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$25,771,645
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Saratoga Springs Performing Arts Center Inc
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$8,792,799
Encore Series Inc
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$7,440,930
South Shore Playhouse Associates Inc
Cohasset, MA
$9,345,809
Stamford Center For The Arts Inc
Stamford, CT
$6,597,193
Symphony Space Inc
New York, NY
$6,280,684
Bergen Performing Arts Center Inc
Englewood, NJ
$8,795,775
Tremont Theatre Inc
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$3,510,815
The Wang Center For The Performing Arts Inc
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Whitaker Center For Science And The Arts
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$3,268,678
Palace Theater Group Inc
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Boston Center For The Arts Inc
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$2,750,701
State Theatre Center For The Arts Inc
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$3,804,671
Bardavon 1869 Opera House Inc
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$4,109,946
Strand-Capitol Performing Arts Center Inc
York, PA
$4,269,308
Palace Performing Arts Center Inc
Albany, NY
$4,216,101
La Mama Experimental Theatre Club Inc
New York, NY
$7,513,390
Zeiterion Theatre Inc
New Bedford, MA
$6,528,588
Cabot Performing Arts Center Inc
Beverly, MA
$5,349,464
Mid Atlantic Center For The Arts
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$4,239,186
Westhampton Beach Performing Arts Center Inc
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$3,554,890

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