Tulsa Symphony Orchestra Inc
- Assets
- $3.1m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 243
- Location
- Tulsa, OK
- Founding
- 01/2006
- Data as of
- 06/2021
- EIN
- 20-3798077
Organization Overview
Tulsa Symphony Orchestra Inc is located in Tulsa, OK. 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 06/2021, Tulsa Symphony Orchestra Inc employed 243 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tulsa 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 06/2021, Tulsa Symphony Orchestra Inc generated $2.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $2.7m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENTERTAIN, EDUCATES, HEALS, AND INSPIRES THROUGH MUSICAL EXCELLENCE, INNOVATION, AND COLLABORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIVE PERFORMANCES: TULSA SYMPHONY ORCHESTRA WAS ABLE TO PERFORM 3 "LIVE" CLASSIC SYMPHONY CONCERTS AT ONEOK FIELD. THE ONEOK FIELD CONCERTS ALLOWED TSO TO CONTINUE PERFORMING TO AN AUDIENCE AMIDST THE COVID CRISIS. WE WERE ALSO ABLE TO PERFORM WITH SOME RENOWNED GUEST ARTISTS THAT WE WOULD OF OTHERWISE NOT BEEN ABLE TO PERFORM WITH IF THEIR SCHEDULES HAD NOT BEEN FREED UP WITH CANCELLATIONS ACROSS THE COUNTRY.RADIO/TV BROADCASTS: TULSA SYMPHONY ORCHESTRA USED THE OPPORTUNITY TO RECORD THE SCHEDULED CONCERTS AND GIVE THE PERFORMANCES TO THE TULSA COMMUNITY. WE WERE ALSO ABLE TO SECURE A SPONSORSHIP WITH CHANNEL 6 AND TELEVISE A HOLIDAY PROGRAM IN DECEMBER.
TULSA SYMPHONY ORCHESTRA PARTNERS WITH OTHER PROFESSIONAL GROUPS IN TULSA TO PROVIDE THE PIT ORCHESTRA FOR PERFORMANCES FOR THE TULSA BALLET THEATER AND THE TULSA ORATORIO CHORUS. THE TULSA SYMPHONY ACTIVELY SUPPORTS OTHER ARTS AND NON-ARTS ORGANIZATIONS, INCLUDING THE TWO AFOREMENTIONED, TULSA OPERA, GILCREASE MUSEUM, PHILBROOK MUSEUM, VA HOSPITALS AND OK AQUARIUM PROVIDING EDUCATIONAL AND ARTISTIC PERFORMANCES.
THE TULSA SYMPHONY ORCHESTRA SUPPORTS AN OUTSTANDING EDUCATION OUTREACH PROGRAM. THE PROGRAM SERVES KINDERGARTEN THROUGH 12TH GRADE. INDIVIDUAL MUSICIANS FROM TSO PROVIDE MASTER CLASSES, COACHING, SECTIONALS, CLINICS AND ENSEMBLE PERFORMANCES TO COMPLEMENT SCHOOL MUSIC PROGRAMS, AS WELL AS INSPIRE AND DEVELOP THE NEXT GENERATION OF AUDIENCES AND MUSICIANS. THE WEILL MUSIC INSTITUTE CARNEGIE HALL LINK UP PROGRAM HAS BECOME THE FLAGSHIP EDUCATION OUTREACH OFFERING SINCE 2015-16. IN THAT PILOT PROGAM SEASON 1200 STUDENTS FROM 2 SCHOOL DISTRICTS PARTICIPATED. LINK UP GREW IN 4 SEASONS TO NOW SERVE 20,000 PLUS STUDENTS IN 13 GREATER TULSA AND REGIONAL SCHOOL DISTRICTS. THE IMPACT OF THE LINK UP CURRICULUM IS HAILED BY TEACHERS AND THE INTERACTIVE CULMINATING EXPERIENCE OF STUDENTS PERFORMING RECORDERS WITH THE ORCHESTRA FROM THEIR SEATS IN AN EXCITING AND INSPIRING EXPERIENCE FOR ALL.
LIVE PERFORMANCES: TULSA SYMPHONY ORCHESTRA WAS ABLE TO PERFORM 3 "LIVE" CLASSIC SYMPHONY CONCERTS AT ONEOK FIELD. THE ONEOK FIELD CONCERTS ALLOWED TSO TO CONTINUE PERFORMING TO AN AUDIENCE AMIDST THE COVID CRISIS. WE WERE ALSO ABLE TO PERFORM WITH SOME RENOWNED GUEST ARTISTS THAT WE WOULD OF OTHERWISE NOT BEEN ABLE TO PERFORM WITH IF THEIR SCHEDULES HAD NOT BEEN FREED UP WITH CANCELLATIONS ACROSS THE COUNTRY.RADIO/TV BROADCASTS: TULSA SYMPHONY ORCHESTRA USED THE OPPORTUNITY TO RECORD THE SCHEDULED CONCERTS AND GIVE THE PERFORMANCES TO THE TULSA COMMUNITY. WE WERE ALSO ABLE TO SECURE A SPONSORSHIP WITH CHANNEL 6 AND TELEVISE A HOLIDAY PROGRAM IN DECEMBER.
TULSA SYMPHONY ORCHESTRA PARTNERS WITH OTHER PROFESSIONAL GROUPS IN TULSA TO PROVIDE THE PIT ORCHESTRA FOR PERFORMANCES FOR THE TULSA BALLET THEATER AND THE TULSA ORATORIO CHORUS. THE TULSA SYMPHONY ACTIVELY SUPPORTS OTHER ARTS AND NON-ARTS ORGANIZATIONS, INCLUDING THE TWO AFOREMENTIONED, TULSA OPERA, GILCREASE MUSEUM, PHILBROOK MUSEUM, VA HOSPITALS AND OK AQUARIUM PROVIDING EDUCATIONAL AND ARTISTIC PERFORMANCES.
THE TULSA SYMPHONY ORCHESTRA SUPPORTS AN OUTSTANDING EDUCATION OUTREACH PROGRAM. THE PROGRAM SERVES KINDERGARTEN THROUGH 12TH GRADE. INDIVIDUAL MUSICIANS FROM TSO PROVIDE MASTER CLASSES, COACHING, SECTIONALS, CLINICS AND ENSEMBLE PERFORMANCES TO COMPLEMENT SCHOOL MUSIC PROGRAMS, AS WELL AS INSPIRE AND DEVELOP THE NEXT GENERATION OF AUDIENCES AND MUSICIANS. THE WEILL MUSIC INSTITUTE CARNEGIE HALL LINK UP PROGRAM HAS BECOME THE FLAGSHIP EDUCATION OUTREACH OFFERING SINCE 2015-16. IN THAT PILOT PROGAM SEASON 1200 STUDENTS FROM 2 SCHOOL DISTRICTS PARTICIPATED. LINK UP GREW IN 4 SEASONS TO NOW SERVE 20,000 PLUS STUDENTS IN 13 GREATER TULSA AND REGIONAL SCHOOL DISTRICTS. THE IMPACT OF THE LINK UP CURRICULUM IS HAILED BY TEACHERS AND THE INTERACTIVE CULMINATING EXPERIENCE OF STUDENTS PERFORMING RECORDERS WITH THE ORCHESTRA FROM THEIR SEATS IN AN EXCITING AND INSPIRING EXPERIENCE FOR ALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Elder Executive Director | Officer | 40 | $159,800 |
Tim Mcfadden Executive Committee Vice President | OfficerTrustee | 40 | $75,197 |
Marc Facci Vice President Artistic | OfficerTrustee | 24 | $51,494 |
Dr David Carter Director | Trustee | 40 | $28,202 |
Kari Caldwell Co-Chair Fund Development | Trustee | 10 | $13,305 |
Stephen Craft Director | Trustee | 4 | $10,838 |
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 | $1,560,289 |
| Noncash contributions included in lines 1a–1f | $53,082 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,560,289 |
| Total Program Service Revenue | $379,163 |
| Investment income | $56,664 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $45,528 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,041,644 |
| 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. | $406,853 |
| Compensation of current officers, directors, key employees. | $43,303 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $756,324 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,314 |
| Payroll taxes | $134,921 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,356 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $101,800 |
| Office expenses | $14,067 |
| Information technology | $4,811 |
| Royalties | $0 |
| Occupancy | $44,826 |
| Travel | $151,592 |
| 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 | $3,901 |
| Insurance | $5,900 |
| All other expenses | $6,063 |
| Total functional expenses | $2,735,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,098 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $117,556 |
| Accounts receivable, net | $2,063 |
| 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 | $88,961 |
| Net Land, buildings, and equipment | $11,840 |
| Investments—publicly traded securities | $2,692,371 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,727 |
| Total assets | $3,114,616 |
| Accounts payable and accrued expenses | $73,363 |
| Grants payable | $297,773 |
| Deferred revenue | $255,827 |
| 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 | $626,963 |
| Net assets without donor restrictions | $2,395,843 |
| Net assets with donor restrictions | $91,810 |
| 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 | $3,114,616 |
Grants Recieved
Over the last fiscal year, we have identified 23 grants that Tulsa Symphony Orchestra Inc has recieved totaling $831,980.
| Awarding Organization | Amount |
|---|---|
Tulsa Community Foundation Tulsa, OK PURPOSE: GENERAL OPERATIONS | $224,497 |
Patti Johnson Wilson Foundation Tulsa, OK PURPOSE: UNRESTRICTED USE BY CHARITABLE ENTITY | $142,500 |
David B Waters Charitable Foundation Tulsa, OK PURPOSE: SUPPORT TULSA SYMPHONY ORCHESTRA | $129,297 |
George Kaiser Family Foundation Tulsa, OK PURPOSE: General Operations | $80,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $59,000 |
John Steele Zink Foundation Broken Arrow, OK PURPOSE: UNRESTRICTED: GENERAL OPERATIONS | $43,500 |
Endowment Analysis
| Beg. Balance | $2,212,654 |
| Earnings | $391,631 |
| Admin Expense | $12,672 |
| Net Contributions | $112,558 |
| Other Expense | $100,018 |
| Ending Balance | $2,604,153 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas City Symphony Kansas City, MO | $64,822,369 | $17,397,853 |
Colorado Symphony Association Denver, CO | $12,961,781 | $18,715,868 |
Fort Worth Symphony Orchestra Association Inc Fort Worth, TX | $39,389,813 | $15,284,563 |
Saint Louis Symphony Endowment Trust Saint Louis, MO | $280,111,729 | $18,922,089 |
Oklahoma Philharmonic Society Inc Oklahoma City, OK | $16,602,843 | $6,401,721 |
Austin Symphony Orchestra Society Austin, TX | $7,592,727 | $4,195,926 |
Tulsa Symphony Orchestra Inc Tulsa, OK | $3,114,616 | $2,041,644 |
Amarillo Symphony Inc Amarillo, TX | $5,802,759 | $2,592,502 |
The Arkansas Symphony Orchestra Society Inc Little Rock, AR | $14,211,799 | $5,063,125 |
Symphony Society Of San Antonio San Antonio, TX | $0 | $201,376 |
New Mexico Philharmonic Inc Albuquerque, NM | $458,933 | $1,791,722 |
Wichita Symphony Society Inc Wichita, KS | $8,512,602 | $2,677,998 |