Newark-Granville Symphony Orchestra Inc
- Assets
- $321.8k
- Revenue
- $229.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Granville, OH
- Founding
- 06/2005
- Data as of
- 06/2022
- EIN
- 20-2823408
Organization Overview
Newark-Granville Symphony Orchestra Inc is located in Granville, OH. 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. Newark-Granville 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 06/2022, Newark-Granville Symphony Orchestra Inc generated $229.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $281.5k during the year ending 06/2022. While expenses have increased by 6.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO FORM, MANAGE, AND OPERATE AN ORCHESTRA IN ORDER TO PROVIDE HIGH QUALITY PERFORMANCES OF CLASSICAL, LIGHT CLASSICAL, AND OTHER MUSIC FOR THE ENRICHMENT OF CULTURAL LIFE IN LICKING COUNTY, OHIO; TO FOSTER THE INTEREST AND UNDERSTANDING OF THE FUTURE AUDIENCES THROUGH THE OFFERING OF EDUCATIONAL AND ENTERTAINING MUSIC PROGRAMS AND OTHER MUSIC RELATED ACTIVITIES TO CHILDREN AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONCERT PERFORMANCE- TO PROVIDE AN ORCHESTRA THAT WILL HELP EDUCATE AND ENTERTAIN CHILDREN AND THEIR FAMILIES. THE NEWARK-GRANVILLE SYMPHONY ORCHESTRA PROVIDES A PROGRAM THAT WILL HELP EDUCATE THE COMMUNITY IN MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Feller Past President | OfficerTrustee | 2 | $0 |
Jenaetta Pyle President | OfficerTrustee | 2 | $0 |
Maureen Barkett Secretary | OfficerTrustee | 2 | $0 |
Will Mccoy Treasurer | OfficerTrustee | 2 | $0 |
Kevin Connell Vice President | OfficerTrustee | 2 | $0 |
Tom Slater Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $174,412 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $174,412 |
| Total Program Service Revenue | $29,029 |
| 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 | $25,643 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $229,084 |
| 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 | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $34,848 |
| Fees for services: Legal | $1,102 |
| Fees for services: Accounting | $816 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $728 |
| Office expenses | $3,424 |
| Information technology | $4,332 |
| Royalties | $0 |
| Occupancy | $6,943 |
| Travel | $1,250 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $46,939 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,276 |
| Insurance | $1,770 |
| All other expenses | $5,916 |
| Total functional expenses | $281,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,894 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $235,865 |
| Total assets | $321,759 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $321,759 |
| Total liabilities and net assets/fund balances | $321,759 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Newark-Granville Symphony Orchestra Inc has recieved totaling $50,151.
| Awarding Organization | Amount |
|---|---|
Licking County Foundation Newark, OH PURPOSE: MULTI-YEAR GRANT, YEAR THREE | $20,000 |
Park National Bank Foundation Park National Bank Newark, OH PURPOSE: SUPPORT | $11,250 |
Patricia R And Herbert J Murphy Foundation Groveport, OH PURPOSE: Operating Funds | $10,000 |
Licking County Foundation Newark, OH PURPOSE: FOR GENERAL PURPOSES | $8,863 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Endowment Analysis
| Beg. Balance | $282,804 |
| Earnings | -$35,382 |
| Admin Expense | $1,970 |
| Grants | $9,587 |
| Ending Balance | $235,865 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Musical Arts Association Cleveland, OH | $284,635,926 | $54,210,898 |
Cincinnati Symphony Orchestra Cincinnati, OH | $298,354,425 | $55,153,223 |
Philadelphia Orchestra Association Philadelphia, PA | $211,538,479 | $41,118,272 |
Detroit Symphony Orchestra Hall Inc Detroit, MI | $97,503,520 | $29,874,628 |
Pittsburgh Symphony Inc Pittsburgh, PA | $194,466,393 | $30,739,984 |
Grand Rapids Symphony Society Grand Rapids, MI | $6,657,585 | $10,068,479 |
Indiana Symphony Society Inc Indianapolis, IN | $13,063,766 | $26,550,940 |
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
Columbus Symphony Orchestra Inc Columbus, OH | $23,849,025 | $7,378,126 |
Fort Wayne Philharmonic Orchestra Inc Fort Wayne, IN | $27,926,694 | $5,947,084 |
Dayton Performing Arts Alliance Dayton, OH | $10,536,333 | $6,130,805 |
Kalamazoo Symphony Orchestra Kalamazoo, MI | $22,806,442 | $2,938,902 |