Elmhurst Symphony Association Inc
- Assets
- $578.2k
- Revenue
- $295.7k
- Investments
- $372.8k
- Employees
- 3
- Location
- Elmhurst, IL
- Founding
- 06/1974
- Data as of
- 06/2022
- EIN
- 23-7348453
Organization Overview
Elmhurst Symphony Association Inc is located in Elmhurst, IL. 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 06/2022, Elmhurst Symphony Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elmhurst Symphony Association 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 06/2022, Elmhurst Symphony Association Inc generated $295.7k 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 (3.1%) each year. All expenses for the organization totaled $321.8k 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
EDUCATIONAL AND CULTURAL ENRICHMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS COMMUNITY AND YOUTH CONCERTS CONDUCTED ANNUALLY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Kozak President | OfficerTrustee | 8 | $0 |
Carl Amrhein Treasurer | OfficerTrustee | 15 | $0 |
Mary Grether Vice President | OfficerTrustee | 2 | $0 |
Bethany Dehaan Secretary | OfficerTrustee | 2 | $0 |
Bruce Horek Joined March 2022 Director | Trustee | 2 | $0 |
Jessica Sarros Joined May 2022 Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,350 |
| All other contributions, gifts, grants, and similar amounts not included above | $186,806 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $215,156 |
| Total Program Service Revenue | $74,591 |
| Investment income | $5,856 |
| 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 | $295,743 |
| 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. | $34,434 |
| Compensation of current officers, directors, key employees. | $24,104 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,950 |
| Pension plan accruals and contributions | $1,159 |
| Other employee benefits | $0 |
| Payroll taxes | $5,340 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,976 |
| Office expenses | $15,890 |
| Information technology | $1,855 |
| Royalties | $0 |
| Occupancy | $4,969 |
| 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 | $4,059 |
| All other expenses | $1,743 |
| Total functional expenses | $321,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,323 |
| 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 | $875 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $372,762 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,264 |
| Total assets | $578,224 |
| Accounts payable and accrued expenses | $1,298 |
| Grants payable | $0 |
| Deferred revenue | $82,655 |
| 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 | $83,953 |
| Net assets without donor restrictions | $415,414 |
| Net assets with donor restrictions | $78,857 |
| 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 | $578,224 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Elmhurst Symphony Association Inc has recieved totaling $30,026.
| Awarding Organization | Amount |
|---|---|
Dupage Community Foundation Downers Grove, IL PURPOSE: ARTS, CULTURE | $27,500 |
Alben F Bates And Clara G Bates Foundation Elmhurst, IL PURPOSE: UNRESTRICTED | $1,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $400 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $280 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $240 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $80 |
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 |
Milwaukee Symphony Orchestra Inc Milwaukee, WI | $122,941,209 | $33,243,126 |
Saint Louis Symphony Endowment Trust Saint Louis, MO | $280,111,729 | $18,922,089 |
Indiana Symphony Society Inc Indianapolis, IN | $13,063,766 | $26,550,940 |
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
Fort Wayne Philharmonic Orchestra Inc Fort Wayne, IN | $27,926,694 | $5,947,084 |
Madison Symphony Orchestra Inc Madison, WI | $6,807,074 | $3,792,114 |
Des Moines Symphony Association Des Moines, IA | $12,208,795 | $2,653,432 |
Milwaukee Youth Symphony Orchestra Inc Milwaukee, WI | $9,958,210 | $2,491,222 |
Elgin Symphony Orchestra Assoc Elgin, IL | $718,957 | $2,098,094 |