Yakima Symphony Orchestra Inc

Organization Overview

Yakima Symphony Orchestra Inc is located in Yakima, WA. The organization was established in 1974. 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 06/2021, Yakima Symphony Orchestra Inc employed 132 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yakima 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 06/2021, Yakima Symphony Orchestra Inc generated $786.4k 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 (8.4%) each year. All expenses for the organization totaled $696.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

YAKIMA SYMPHONY ORCHESTRA IS A REGIONAL NONPROFIT ORGANIZATION THAT OFFERS ITS AUDIENCES HIGH QUALITY SYMPHONIC AND OTHER MUSIC. IT BRINGS TO THE CENTRAL WASHINGTON COMMUNITY STIMULATING, ENTERTAINING AND EDUCATIONAL ACTIVITIES RELATED TO MUSIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

YAKIMA SYMPHONY ORCHESTRA IS A REGIONAL NONPROFIT ORGANIZATION THAT OFFERS ITS AUDIENCES HIGH QUALITY SYMPHONIC AND OTHER MUSIC THROUGH PERFORMANCES IN THE YAKIMA VALLEY.


EDUCATIONAL ACTIVITIES - YOUTH ORCHESTRA AND STRINGS PROGRAM, ENSEMBLE VISITS TO SCHOOLS AND PRE-CONCERT LECTURES. THE YAKIMA SYMPHONY ORCHESTRA ALSO DOES AN ANNUAL STUDENT CONCERT PLUS HIRES PROFESSIONAL MUSICIANS AS TEACHERS AND MENTORS FOR AN AFTER-SCHOOL ORCHESTRA-BASED ANTI-POVERTY SOCIAL PROGRAM. DUE TO COVID-19, SOME OF THESE EDUCATIONAL ACTIVITIES DID NOT OCCUR DURING THE FISCAL YEAR OF JULY 1, 2020 TO JUNE 30, 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Lawrence M Golan
Music Director
$115,000
David Rogers
Executive Dir.
$70,018
Roshelle Pavlin
President
$0
Rebecca E Scholl
Past President
$0
Neal Lessenger
Secretary
$0
Doug Armstrong
Treasurer
$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$388,702
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$388,702
Total Program Service Revenue$212,120
Investment income $46,094
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $880
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $786,388

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Yakima Symphony Orchestra Inc has recieved totaling $51,550.

Awarding OrganizationAmount
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$45,000
Yakima Valley Community Foundation

Yakima, WA

PURPOSE: CONCERT SPONSORSHIP

$5,500
Casey Family Programs

Seattle, WA

PURPOSE: EMPLOYEE MATCHING GIFT - FOR GENERAL OPERATING SUPPORT

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$50
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,829,006
Earnings$412,810
Admin Expense$6,061
Net Contributions$15,671
Other Expense$90,078
Ending Balance$2,161,348

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