The Missouri Symphony Society
- Assets
- $1.6m
- Revenue
- $623.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, MO
- Founding
- 07/1971
- Data as of
- 12/2021
- EIN
- 23-7116524
Organization Overview
The Missouri Symphony Society is located in Columbia, MO. 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. Missouri 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 12/2021, Missouri Symphony Society generated $623.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $680.3k during the year ending 12/2021. While expenses have increased by 4.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIETYS PRIMARY PURPOSE IS TO INSPIRE AND ENGAGE DIVERSE AUDIENCES THROUGH EXCEPTIONAL PERFORMANCES OF SYMPHONIC MUSIC AND TO EDUCATE AND MENTOR YOUNG PERFORMERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC PRODUCTIONS - PRODUCED TICKETED CONCERTS IN THE HOT SUMMER NIGHTS MUSIC FESTIVAL WITH THE MISSOURI SYMPHONY ORCHESTRA AND GUEST MUSICIANS TO LARGE ATTENDANCES. PROVIDED COMPLIMENTARY TICKETS FOR THESE EVENTS TO NUMEROUS NOT-FOR-PROFIT ORGANIZATIONS. PRODUCED COMMUNITY CONCERTS IN PUBLIC AND PRIVATE VENUES AND FAMILY CONCERTS, WHICH SERVED NUMEROUS PATRONS AT NO CHARGE. PRODUCED A HOLIDAY CONCERT IN DECEMBER WITH MULITPLE PERFORMANCES AND HIGH ATTENDANCE OF PATRONS.
MUSIC EDUCATION - COMPRISED OF YOUTH CHORUS AND YOUTH ORCHESTRA GROUPS. PROVIDED ORCHESTRAL AND CHORAL TRAINING TO STUDENTS WITH WEEKLY REHEARSALS UNDER A DIRECTOR AND COACHES AND PERFORMED FALL, AND SPRING PUBLIC CONCERTS, IN ADDITION TO NUMEROUS FREE CONCERTS AT VARIOUS PUBLIC AND PRIVATE VENUES. ALSO PROVIDED MASTER CLASSES FOR ORCHESTRAL GROUPS WITH PROFESSIONAL GUEST MUSICIANS AND OTHER STUDENT ENRICHMENT OPPORTUNITIES. THE CHORUS PROGRAM WAS DISCONTINUED IN THE FALL OF 2017.
MISSOURI SYMPHONY LEAGUE SPONSORS EVENTS THAT PROVIDE THE COMMUNITY WITH EXCITING, UNIQUE OPPORTUNITIES TO HAVE FUN WHILE RAISING FUNDS FOR THE MUSIC AND MUSICIANS. THE LEAGUE PROVIDES SCHOLARSHIPS AND PERFORMANCE OPPORTUNITIES FOR YOUNG MUSICIANS, AND EXTENDS HOSPITALITY TO THE SOCIETYS PROFESSIONAL MUSICIANS AND GUEST ARTISTS. THE LEAGUES PIANO STUDENT SHOWCASE IS AN OPPORTUNITY FOR PIANO STUDENTS THROUGH GRADE 12 TO AUDITION BEFORE DISTINGUISHED JUDGES. STUDENTS WHO EXCEL AT THE AUDITIONS CAN PERFORM AT THE SHOWCASE PUBLIC CONCERT AT THE HISTORIC MISSOURI THEATRE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trent Rash Executive Director | Officer | 40 | $52,778 |
Gwen Jones Past President | OfficerTrustee | 1 | $0 |
Julia Gaines Vice President | OfficerTrustee | 1 | $0 |
Scott Pummill Treasurer | OfficerTrustee | 1 | $0 |
Janice Harder Secretary | OfficerTrustee | 1 | $0 |
Tina Workman President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $29,422 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $204,289 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $249,961 |
| Total Program Service Revenue | $98,563 |
| Investment income | $257,138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $623,720 |
| 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. | $52,778 |
| Compensation of current officers, directors, key employees. | $52,778 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,731 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,123 |
| Payroll taxes | $28,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,129 |
| Fees for services: Accounting | $5,830 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $259,898 |
| Advertising and promotion | $58,344 |
| Office expenses | $33,041 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,000 |
| 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 | $0 |
| Insurance | $1,819 |
| All other expenses | $0 |
| Total functional expenses | $680,265 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,130 |
| 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 | $0 |
| Investments—publicly traded securities | $1,542,425 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,568,555 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,568,555 |
| Net assets with donor restrictions | $0 |
| 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 | $1,568,555 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The Missouri Symphony Society has recieved totaling $16,205.
| Awarding Organization | Amount |
|---|---|
Paul D Higday Mozart Music Trust Boone Co Natl Bk Ttee Columbia, MO PURPOSE: PROMOTE MOZART AND | $10,000 |
Ray And Jeanne Lewis Community Betterment Foundation Columbia, MO PURPOSE: GENERAL USE | $5,200 |
Arthur E & Frances Mayer Rikli Fam Foundation Tr 161775 Columbia, MO PURPOSE: PROJECT SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $113,558 |
| Earnings | $113,607 |
| Ending Balance | $227,165 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Symphony Orchestra Chicago, IL | $576,700,123 | $109,905,535 |
Saint Louis Symphony Orchestra St Louis, MO | $77,659,859 | $61,304,520 |
Kansas City Symphony Kansas City, MO | $64,822,369 | $17,397,853 |
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 |
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
Oklahoma Philharmonic Society Inc Oklahoma City, OK | $16,602,843 | $6,401,721 |
Omaha Symphony Association Omaha, NE | $71,026,158 | $5,852,032 |
Knoxville Symphony Society Inc Knoxville, TN | $1,484,079 | $3,960,669 |
Memphis Symphony Orchestra Inc Memphis, TN | $6,274,797 | $4,582,397 |
Tulsa Symphony Orchestra Inc Tulsa, OK | $3,114,616 | $2,041,644 |
Des Moines Symphony Association Des Moines, IA | $12,208,795 | $2,653,432 |