Southern Tier Symphony
- Assets
- $37.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olean, NY
- Founding
- 07/2004
- Data as of
- 08/2021
- EIN
- 30-0207770
Organization Overview
Southern Tier Symphony is located in Olean, NY. The organization was established in 2004. 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. Southern Tier Symphony 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 08/2021, Southern Tier Symphony generated $15.1k 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 (22.3%) each year. All expenses for the organization totaled $12.7k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (21.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE CONCERTS FOR THE GENERAL PUBLIC OF WHICH 400 TO 1,000 PEOPE ARE IN ATTENDANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Polson President | 1 | $0 | |
Laura Peterson Executive Dir. | 1 | $0 | |
Linda Meyer Lambert Treasurer | 1 | $0 | |
Punkie Sinesiou Vice President | 1 | $0 | |
Ronni Gronemeier Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,053 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,053 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $359 |
| Other expenses | $5,112 |
| Total expenses | $12,721 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,385 |
| Other assets | $0 |
| Total assets | $37,655 |
| Total liabilities | $679 |
| Net assets or fund balances | $36,976 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Southern Tier Symphony has recieved totaling $5,097.
| Awarding Organization | Amount |
|---|---|
Olean Association For The Blind And Visually Handicapped Inc Olean, NY PURPOSE: GENERAL SUPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $97 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rochester Philharmonic Orchestra Inc Rochester, NY | $20,757,567 | $7,702,051 |
Cape Arts & Entertainment Inc West Barnstable, MA | $10,466,895 | $5,101,262 |
Orpheus Chamber Orchestra Inc New York, NY | $1,908,737 | $3,345,104 |
Boston Youth Symphony Orchestra Inc Boston, MA | $8,731,148 | $5,999,512 |
Hartford Symphony Orchestra Inc Hartford, CT | $12,831,218 | $4,378,736 |
Musical Associates Of Central New York Inc Syracuse, NY | $3,413,784 | $4,180,183 |
Harrisburg Symphony Association Harrisburg, PA | $13,261,535 | $3,046,479 |
New Haven Symphony Orchestra Inc New Haven, CT | $4,780,690 | $3,191,138 |
Allentown Symphony Association Inc Allentown, PA | $15,521,853 | $2,408,487 |
Stamford Symphony Orchestra Inc Stamford, CT | $4,591,882 | $2,087,618 |
Albany Symphony Orchestra Inc Albany, NY | $12,413,747 | $2,273,007 |
Philadelphia Youth Orchestra Philadelphia, PA | $1,696,190 | $1,961,434 |