West Valley Symphony Association
- Assets
- $1.8m
- Revenue
- $239.4k
- Investments
- $0.0
- Employees
- 90
- Location
- Surprise, AZ
- Founding
- 10/1969
- Data as of
- 06/2021
- EIN
- 23-7041526
Organization Overview
West Valley Symphony Association is located in Surprise, AZ. The organization was established in 1969. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, West Valley Symphony Association employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Valley Symphony Association 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, West Valley Symphony Association generated $239.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $199.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 6 years. 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
TO SUPPORT A SYMPHONY ORCHESTRA IN SURPRISE AND SURROUNDING AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION IN THE SYMPHONIC AND MUSICAL ARTS IN SURPRISE AND THE SURROUNDING AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Vering President | OfficerTrustee | 10 | $0 |
Louisa Kellam Vice Preside | OfficerTrustee | 2 | $0 |
Anne Levig Secretary | OfficerTrustee | 2 | $0 |
Edwin Williamson Treasurer | OfficerTrustee | 2 | $0 |
Catherine Leas Past Preside | Trustee | 2 | $0 |
Barbara Lashmet Director | 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 | $70,248 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,248 |
| Total Program Service Revenue | $6,919 |
| Investment income | $36,162 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $126,028 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $239,357 |
| 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 | $68,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,215 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,793 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,627 |
| Office expenses | $1,589 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,597 |
| Travel | $747 |
| 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 | $338 |
| Insurance | $4,011 |
| All other expenses | $14,431 |
| Total functional expenses | $199,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,528 |
| Savings and temporary cash investments | $128,139 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,200 |
| 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 | $4,422 |
| Net Land, buildings, and equipment | $507 |
| Investments—publicly traded securities | $1,468,756 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $188,197 |
| Total assets | $1,828,749 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $82,077 |
| 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 | $82,077 |
| Net assets without donor restrictions | $1,586,307 |
| Net assets with donor restrictions | $160,365 |
| 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 | $1,828,749 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that West Valley Symphony Association has recieved totaling $9,336.
| Awarding Organization | Amount |
|---|---|
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $9,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $136 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Leaders Of Color Inc Los Angeles, CA | $14,016,932 | $11,143,423 |
Scbwi Society Of Childrens Book Writers And Illustrators A Nonprof Los Angeles, CA | $4,123,775 | $4,448,435 |
News Revenue Hub Inc San Diego, CA | $2,998,798 | $3,194,670 |
Artown Reno, NV | $1,599,720 | $2,003,182 |
Colorado Springs Conservatory Foundation Colorado Springs, CO | $1,562,704 | $1,279,698 |
Pittsburg Arts And Community Foundation Pittsburg, CA | $1,849,271 | $1,408,634 |
San Francisco Opera Guild San Francisco, CA | $6,980,145 | $1,005,884 |
Ninth Street Media Consortium Inc San Francisco, CA | $649,480 | $728,404 |
Committee Of One Hundred For The Pres Of Spanish Col Arch In Bal San Diego, CA | $546,335 | $329,356 |
Joe Goode Perfomance Group San Francisco, CA | $341,223 | $555,045 |
Center For The Force Majeure Foundation Santa Cruz, CA | $22,228 | $467,500 |
Friends Of Santa Cruz County Parks Santa Cruz, CA | $533,343 | $646,253 |