Dubuque Symphony Orchestra
- Assets
- $3.4m
- Revenue
- $1.4m
- Investments
- $2.9m
- Employees
- 104
- Location
- Dubuque, IA
- Founding
- 12/1962
- Data as of
- 06/2022
- EIN
- 23-7429727
Organization Overview
Dubuque Symphony Orchestra is located in Dubuque, IA. The organization was established in 1962. 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, Dubuque Symphony Orchestra employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dubuque Symphony Orchestra 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, Dubuque Symphony Orchestra generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 2.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGE THE TRI-STATE COMMUNITY AND ENRICH ITS QUALITY OF LIFE THROUGH LIVE MUSICAL PERFORMANCES AND EDUCATIONAL PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORCHESTRA'S PERFORMANCE EXPENSES ARE TO ENRICH THE COMMUNITY THROUGH ITS LIVE MUSICAL PERFORMANCES
TO EDUCATE THE PUBLIC, SPECIFICALLY YOUTH IN THE LOCAL COMMUNITY REGARDING MUSIC APPRECIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Wahlert Executive Director | Officer | 40 | $84,235 |
Megan Gloss Secretary & Board Member | OfficerTrustee | 1 | $0 |
Joel Gehling Treasurer & Board Member | OfficerTrustee | 1 | $0 |
Mariann Weber Presdient & Board Member | OfficerTrustee | 1 | $0 |
Charles Barland Board Member | Trustee | 1 | $0 |
Nicole Gantz Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $68,566 |
| Related organizations | $0 |
| Government grants | $251,531 |
| All other contributions, gifts, grants, and similar amounts not included above | $388,141 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $708,238 |
| Total Program Service Revenue | $399,545 |
| Investment income | $152,208 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $107,690 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,369,482 |
| 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. | $89,186 |
| Compensation of current officers, directors, key employees. | $49,052 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $439,613 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,967 |
| Payroll taxes | $38,548 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,481 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $86,806 |
| Fees for services: Investment Management | $21,514 |
| Fees for services: Other | $122,668 |
| Advertising and promotion | $42,220 |
| Office expenses | $6,126 |
| Information technology | $22,943 |
| Royalties | $0 |
| Occupancy | $32,050 |
| Travel | $36,435 |
| 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 | $7,804 |
| Insurance | $11,477 |
| All other expenses | $0 |
| Total functional expenses | $1,166,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $459,432 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,445 |
| 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 | $12,676 |
| Net Land, buildings, and equipment | $19,951 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,852,060 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $27,725 |
| Total assets | $3,373,289 |
| Accounts payable and accrued expenses | $13,417 |
| Grants payable | $0 |
| Deferred revenue | $108,985 |
| 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 | $122,402 |
| Net assets without donor restrictions | $690,168 |
| Net assets with donor restrictions | $2,560,719 |
| 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 | $3,373,289 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dubuque Symphony Orchestra has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Schoen Family Charitable Trust Neenah, WI PURPOSE: SCHOLARSHIP TO FUND FOR A MUSICIAN | $1,000 |
Endowment Analysis
| Beg. Balance | $2,560,713 |
| Earnings | -$350,864 |
| Other Expense | $107,965 |
| Ending Balance | $2,101,884 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Saint Paul Chamber Orchestra Society St Paul, MN | $57,703,244 | $22,202,532 |
Omaha Symphony Association Omaha, NE | $71,026,158 | $5,852,032 |
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 |
South Dakota Symphony Orchestra Sioux Falls, SD | $2,471,738 | $2,231,218 |
Quad City Symphony Orchestra Association Davenport, IA | $1,491,842 | $2,535,869 |
Wisconsin Chamber Orchestra Inc Madison, WI | $6,414,052 | $3,173,196 |