Space Coast Symphony Orchestra Inc
- Assets
- $88.8k
- Revenue
- $378.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Cocoa, FL
- Founding
- 04/2010
- Data as of
- 12/2021
- EIN
- 27-0197064
Organization Overview
Space Coast Symphony Orchestra Inc is located in Cocoa, FL. The organization was established in 2010. 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. Space Coast 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 12/2021, Space Coast Symphony Orchestra Inc generated $378.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $349.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 4 years. 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
PROVIDING CLASSICAL MUSIC TO AUDIENCES AT AN AFFORDABLE PRICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORMED CLASSICAL ORCHESTRA AND CHAMBER CONCERTS IN BREVARD AND INDIAN RIVER COUNTIES IN FLORIDA. THERE WERE MANY PERFORMANCE THAT WERE PROVIDED AT AN AFFORDABLE PRICE. PRICE WAS SOMETIMES DETERMINED BY PURCHASER'S ABILITY TO PAY OR PROVIDED FOR FREE. PROGRAMS GAVE FREE ADMISSION TO STUDENTS AND YOUTHS UNDER THE AGE OF 18.
PROVIDED A PROGRAM CALLED "YOUTH ORCHESTRA" TO INCREASES APPRECIATION OF ORCHESTRAL MUSIC AMONG THE PUBLIC AT LARGE BY COACHING MIDDLE AND HIGH SCHOOL STUDENTS. THROUGH WEEKLY COACHING BY EXPERIENCED MEMBERS OF THE ORCHESTRA AND OPPORTUNITES FOR STUDENTS TO PERFORM WITH AN ORCHESTRA. THIS INSURES THAT THIS MUSIC WILL CONTINUE TO PROVIDE ENJOYMENT TO FUTURE GENERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ahmed Pelzer President | OfficerTrustee | 5 | $0 |
Kelli Hunsacker Executive Board | Trustee | 1 | $0 |
Audrey White Executive Board | Trustee | 5 | $0 |
Mary Seal Vice President/treasurer | OfficerTrustee | 15 | $0 |
Jennifer Royals Vice President | OfficerTrustee | 1 | $0 |
Eric Hoover Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $203,524 |
| Investment income | $0 |
| 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 | $570 |
| Net Income from Sales of Inventory | $1,784 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $378,238 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,220 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $110 |
| Payroll taxes | $3,189 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,561 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $204,061 |
| Advertising and promotion | $7,659 |
| Office expenses | $7,532 |
| Information technology | $2,969 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $621 |
| 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 | $248 |
| Insurance | $2,961 |
| All other expenses | $0 |
| Total functional expenses | $349,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,388 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,370 |
| Total assets | $88,758 |
| Accounts payable and accrued expenses | $3,068 |
| 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 | $3,068 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $85,690 |