Boca Raton Philarmonic Symphonia
- Assets
- $1.1m
- Revenue
- $959.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Boca Raton, FL
- Founding
- 01/2005
- Data as of
- 09/2022
- EIN
- 20-1454440
Organization Overview
Boca Raton Philarmonic Symphonia is located in Boca Raton, FL. The organization was established in 2005. 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. Boca Raton Philarmonic Symphonia 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 09/2022, Boca Raton Philarmonic Symphonia generated $959.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $475.5k during the year ending 09/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SYMPHONIA AND OTHER CLASSICAL MUSIC PROGRAMMING, INCLUDING THE PERFORMANCE AND EDUCATION FOR INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EXPAND THE OUTREACH OF CLASSICAL ARTS TO THE LOCAL COMMUNITY.
TO EXPAND THE OUTREACH OF CLASSICAL ARTS TO THE LOCAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carole Boucard President | Officer | 2 | $0 |
Susan Kaye Marketing | Officer | 2 | $0 |
Sung Knowles Secretary | Officer | 2 | $0 |
Charles S Stoll Treasurer | Officer | 2 | $0 |
Bryan M Drowos Director | Trustee | 2 | $0 |
Marleen Forkas Honorary Mem | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,150 |
| Fundraising events | $41,901 |
| Related organizations | $0 |
| Government grants | $182,674 |
| All other contributions, gifts, grants, and similar amounts not included above | $646,018 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $880,743 |
| Total Program Service Revenue | $80,402 |
| Investment income | $808 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,359 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $959,594 |
| 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 | $70,127 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,372 |
| Insurance | $0 |
| All other expenses | $73,635 |
| Total functional expenses | $475,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,032,417 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $5,719 |
| Net Land, buildings, and equipment | $123 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $497 |
| Other assets | $31,362 |
| Total assets | $1,070,118 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $2,361 |
| Deferred revenue | $64,594 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,820 |
| Total liabilities | $70,775 |
| Net assets without donor restrictions | $879,343 |
| Net assets with donor restrictions | $120,000 |
| 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 | $1,070,118 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Boca Raton Philarmonic Symphonia has recieved totaling $5,023.
| Awarding Organization | Amount |
|---|---|
Schmidt Family Foundation Chicago, IL PURPOSE: GENERAL | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jacksonville Symphony Association Jacksonville, FL | $14,561,376 | $11,991,040 |
Florida Orchestra Inc St Petersburg, FL | $17,821,899 | $8,292,788 |
Florida West Coast Symphony Inc Sarasota, FL | $33,277,421 | $26,320,822 |
The Orlando Philharmonic Orchestra Inc Orlando, FL | $6,944,219 | $4,632,792 |
Alabama Symphonic Association Inc Birmingham, AL | $2,772,905 | $5,743,069 |
The Palm Beach Symphony Society Inc West Palm Beach, FL | $3,120,506 | $3,215,175 |
Augusta Symphony Inc Augusta, GA | $19,725,932 | $3,708,047 |
Mobile Symphony Inc Mobile, AL | $1,270,022 | $2,012,590 |
Ocala Symphony Orchestra Inc Ocala, FL | $5,499,997 | $3,987,306 |
Venice Symphony Inc Venice, FL | $3,987,388 | $2,493,315 |
All Florida Youth Orchestra Hollywood, FL | $1,150,725 | $1,869,716 |
Huntsville Symphony Orchestra Association Huntsville, AL | $930,453 | $1,719,039 |