South Arkansas Symphony Society
- Assets
- $200.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- El Dorado, AR
- Founding
- 05/1971
- Data as of
- 06/2022
- EIN
- 23-7111620
Organization Overview
South Arkansas Symphony Society is located in El Dorado, AR. The organization was established in 1971. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Arkansas Symphony Society 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, South Arkansas Symphony Society generated $130.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $207.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PERFORM SIX CONCERTS DURING THE FISCAL YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daryl Chattelain Vice President | 1 | $0 | |
John Eckart Treasurer | 1 | $0 | |
Paula Terry Secretary | 1 | $0 | |
Drew Sheppard President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,842 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,485 |
| Gain or Loss | $16,245 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,572 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,540 |
| Professional fees and other payments to independent contractors | $92,837 |
| Occupancy, rent, utilities, and maintenance | $5,132 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,210 |
| Total expenses | $207,719 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $200,779 |
| Other assets | $0 |
| Total assets | $200,779 |
| Total liabilities | $0 |
| Net assets or fund balances | $200,778 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that South Arkansas Symphony Society has recieved totaling $31,014.
| Awarding Organization | Amount |
|---|---|
Murphy Foundation El Dorado, AR PURPOSE: OPERATIONS | $25,000 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: GENERAL OPERATING SUPPORT | $5,514 |
The Mason Foundation El Dordo, AR PURPOSE: GENERAL OPERATING | $500 |
Endowment Analysis
| Beg. Balance | $264,554 |
| Ending Balance | $264,554 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Symphony Association Inc Dallas, TX | $30,480,044 | $38,703,176 |
Saint Louis Symphony Orchestra St Louis, MO | $77,659,859 | $61,304,520 |
Houston Symphony Society Houston, TX | $6,917,238 | $35,994,603 |
Kansas City Symphony Kansas City, MO | $64,822,369 | $17,397,853 |
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 |
Nashville Symphony Association Nashville, TN | $100,031,908 | $12,366,678 |
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 |
Knoxville Symphony Society Inc Knoxville, TN | $1,484,079 | $3,960,669 |
Memphis Symphony Orchestra Inc Memphis, TN | $6,274,797 | $4,582,397 |
Louisiana Philharmonic Orchestra New Orleans, LA | $3,918,513 | $4,011,115 |