Georgia Symphony Orchestra is located in Marietta, GA. The organization was established in 1969. 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, Georgia Symphony Orchestra employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Symphony Orchestra 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, Georgia Symphony Orchestra generated $562.8k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $637.9k during the year ending 06/2022. 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
TO ENRICH THE COMMUNITY THROUGH ACCESSIBLE HIGH-QUALITY MUSICAL AND EDUCATIONAL EXPERIENCES THAT INSTILL AND FULFILL A LIFELONG APPRECIATION FOR THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTED 27 PERFORMANCES IN 8 VENUES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ronna Ruppelt Board Chair | Trustee | 2 | $0 |
Bob Bonstein Member | Trustee | 2 | $0 |
Amy Drabant Member | Trustee | 2 | $0 |
Frank Harris Member | Trustee | 2 | $0 |
Michael Knowles Member | Trustee | 2 | $0 |
Sydney Trew Treasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $197,212 |
All other contributions, gifts, grants, and similar amounts not included above | $133,019 |
Noncash contributions included in lines 1a–1f | $22,448 |
Total Revenue from Contributions, Gifts, Grants & Similar | $330,231 |
Total Program Service Revenue | $234,347 |
Investment income | -$6,113 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $665 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $562,827 |
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. | $30,000 |
Compensation of current officers, directors, key employees. | $9,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $135,096 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $13,266 |
Payroll taxes | $17,430 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $245,440 |
Advertising and promotion | $41,091 |
Office expenses | $19,474 |
Information technology | $16,114 |
Royalties | $0 |
Occupancy | $52,703 |
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 | $6,407 |
Insurance | $6,228 |
All other expenses | $1,474 |
Total functional expenses | $637,899 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $753,116 |
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 | $15,729 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,000 |
Total assets | $772,845 |
Accounts payable and accrued expenses | $19,349 |
Grants payable | $0 |
Deferred revenue | $80,045 |
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 | $499,900 |
Unsecured mortgages and notes payable | $32,300 |
Other liabilities | $0 |
Total liabilities | $631,594 |
Net assets without donor restrictions | $86,178 |
Net assets with donor restrictions | $55,073 |
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 | $772,845 |