Tulsa Symphony Orchestra Inc
- Assets
- $2.6m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 220
- Location
- Tulsa, OK
- Founding
- 01/2006
- Data as of
- 06/2022
- 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 06/2022, Tulsa Symphony Orchestra Inc employed 220 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 06/2022, Tulsa Symphony Orchestra Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 3.5% 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
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 RETURN TO A FULL SEASON OF 7 CLASSICS SERIES, 5 CHAMBER MUSIC SERIES, AND 2 FILM WITH LIVE ORCHESTRA CONCERTS FOR LIVE, TICKETED AUDIENCES. ONE CLASSICS SERIES CONCERT WAS CANCELLED DUE TO INCLEMENT WEATHER. THESE PERFORMANCES FULFILL THE TSO MISSION TO ENTERTAIN, EDUCATE, HEAL, AND INSPIRE THROUGH MUSICAL EXCELLENCE, INNOVATION, AND COLLABORATION.
EDUCATION OUTREACH: TULSA SYMPHONY ORCHESTRA WAS ABLE TO RETURN TO LIVE CARNEGIE HALL WEILL MUSIC INSTITUTE LINK UP CONCERTS. TSO'S WEILL MUSIC INSTITUTE CARNEGIE HALL LINK UP PROGRAM SERVED OVER 15,000 STUDENTS FROM 13 GREATER TULSA AND REGIONAL SCHOOL DISTRICTS. TSO'S EDUCATION PROGRAMS ARE A VITAL SUPPLEMENT TO A WELL-ROUNDED EDUCATION FOR AREA STUDENTS, FOSTERING ACADEMIC SUCCESS, IMPROVING TEST SCORES, AND STRENGTHENING COGNITIVE ABILITIES FOR THE NEXT GENERATION OF TULSANS.
COMMUNITY ENGAGEMENT: TULSA SYMPHONY ORCHESTRA WAS ABLE TO RESUME ITS VITAL IN-PERSON COMMUNITY ENGAGEMENT INITIATIVES. TSO'S HEART STRINGS PROGRAM OFFERS THE COMFORT AND HEALING POWERS OF MUSIC TO RESIDENTS, CAREGIVERS, AND STAFF AT AREA SENIOR AND ASSISTED LIVING FACILITIES, HOSPITALS, AND SOUP KITCHENS. TSO PRESENTED THE INAUGURAL SERIES OF COMMUNITY FAMILY CONCERTS FOR 1,200 ATTENDEES IN DOWNTOWN TULSA. THE REJUVENATING POWERS OF MUSIC PROVIDED BY THE TSO'S COMMUNITY ENGAGEMENT INITIATIVES IMPROVE MENTAL HEALTH AND UNITE THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Blais Board President | OfficerTrustee | 5 | $0 |
Caroline Abbott Director | Trustee | 1 | $0 |
Ken Busby Vice President Governance | OfficerTrustee | 5 | $0 |
Kari Caldwell Director | Trustee | 10 | $15,305 |
Dan Call Director | Trustee | 1 | $0 |
Benjamin Clark Treasurer/ Vice President | OfficerTrustee | 4 | $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 | $2,050,089 |
| Noncash contributions included in lines 1a–1f | $4,876 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,050,089 |
| Total Program Service Revenue | $546,745 |
| Investment income | $56,501 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $41,560 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,694,895 |
| 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. | $406,905 |
| Compensation of current officers, directors, key employees. | $53,186 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $945,221 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,014 |
| Payroll taxes | $151,085 |
| Fees for services: Management | $12,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,071 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $210,604 |
| Office expenses | $22,669 |
| Information technology | $5,271 |
| Royalties | $0 |
| Occupancy | $38,582 |
| Travel | $214,794 |
| 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 | $3,571 |
| Insurance | $8,373 |
| All other expenses | $6,594 |
| Total functional expenses | $2,712,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,290 |
| Savings and temporary cash investments | $216,460 |
| Pledges and grants receivable | $141,860 |
| Accounts receivable, net | $25,906 |
| 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 | $85,770 |
| Net Land, buildings, and equipment | $33,714 |
| Investments—publicly traded securities | $2,027,397 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,727 |
| Total assets | $2,642,124 |
| Accounts payable and accrued expenses | $55,958 |
| Grants payable | $0 |
| Deferred revenue | $213,686 |
| 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 | $269,644 |
| Net assets without donor restrictions | $2,079,670 |
| Net assets with donor restrictions | $292,810 |
| 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 | $2,642,124 |