Sinfonia Gulf Coast Inc
- Assets
- $461.8k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 6
- Location
- Destin, FL
- Founding
- 08/2006
- Data as of
- 06/2022
- EIN
- 20-3261330
Organization Overview
Sinfonia Gulf Coast Inc is located in Destin, FL. The organization was established in 2006. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Sinfonia Gulf Coast Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sinfonia Gulf Coast 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, Sinfonia Gulf Coast Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 2.2% 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
SINFONIA GULF COAST PRIMARY PURPOSE IS TO ENTERTAIN, EDUCATE AND INSPIRE THE COMMUNITY THROUGH IMAGINATIVE AND INNOVATIVE MUSICAL PERFORMING. OUR GOAL IS TO ENRICH AND EXPAND THE TRADITIONAL ORCHESTRAL EXPERIENCE THROUGH UNIQUE ARTISTIC DESCIPLINES AND COLLABORATIONS, ENHANCING OUR REGION'S VITALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL MUSICAL PROGRAMS ARE DESIGNED TO ENTERTAIN, EDUCATE AND ENHANCE OUR REGIONS CULTURAL VITALITY.THE SINFONIA DEDICATED EDUCATION FUND WAS CREATED TO MAINTAIN FUNDS FOR THE ORGANIZATION'S EDUCATIONAL INITIATIVES, WHICH INCLUDE, BUT ARE NOT LIMITED TO MUSICIANS IN THE CLASSROOM, MUSICIANS PROVIDED OUTSIDE OF THE CLASSROOM ENVIRONMENT, MUSICIANS USED IN CONJUNCTION WITH THE ARTS IN MEDICINE PROGRAM WITH A LOCAL HOSPITAL, AND COSTS ASSOCIATED WITH PROVIDING LIVE SYMPHONIC MUSIC TO THE STUDENTS OF THE REGION THAT SINFONIA SERVES.
THE SINFONIA DEDICATED EDUCATION FUND WAS CREATED TO MAINTAIN FUNDS FOR THE ORGANIZATION'S EDUCATIONAL INITIATIVES, WHICH INCLUDE, BUT ARE NOT LIMITED TO MUSICIANS IN THE CLASSROOM, MUSICIANS PROVIDED OUTSIDE OF THE CLASSROOM ENVIRONMENT, MUSICIANS USED IN CONJUNCTION WITH THE ARTS IN MEDICINE PROGRAM WITH A LOCAL HOSPITAL, AND COSTS ASSOCIATED WITH PROVIDING LIVE SYMPHONIC MUSIC TO THE STUDENTS OF THE REGION THAT SINFONIA SERVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Demetrius Fuller Exec Dir/con | 40 | $132,870 | |
Kate Kelley Director | Trustee | 4 | $33,100 |
Steve Barber Director | Trustee | 4 | $0 |
Jerry Brown Director | Trustee | 4 | $0 |
Jeff Dannelly President | OfficerTrustee | 4 | $0 |
Eric Halter Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $86,325 |
| All other contributions, gifts, grants, and similar amounts not included above | $982,632 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,068,957 |
| Total Program Service Revenue | $186,036 |
| Investment income | $109 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $169,347 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,424,449 |
| 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 | $271,229 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,670 |
| Payroll taxes | $20,749 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $164,503 |
| Office expenses | $26,177 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,989 |
| Travel | $121,015 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,786 |
| Interest | $2,081 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,412 |
| Insurance | $4,861 |
| All other expenses | $0 |
| Total functional expenses | $1,255,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,258 |
| Savings and temporary cash investments | $50,261 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $352,632 |
| 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 | $18,218 |
| Net Land, buildings, and equipment | $970 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,505 |
| Total assets | $461,844 |
| Accounts payable and accrued expenses | $75,197 |
| Grants payable | $0 |
| Deferred revenue | $12,801 |
| 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 | $149,400 |
| Other liabilities | $0 |
| Total liabilities | $237,398 |
| Net assets without donor restrictions | -$65,554 |
| Net assets with donor restrictions | $290,000 |
| 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 | $461,844 |