Terre Haute Symphony Association is located in Terre Haute, IN. The organization was established in 1958. 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 06/2024, Terre Haute Symphony Association employed 87 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terre Haute Symphony Association 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 06/2024, Terre Haute Symphony Association generated $619.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $603.3k during the year ending 06/2024. While expenses have increased by 9.3% per year over the past 6 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GREAT MUSIC CLOSE TO HOME. WE PRESENT AUDIENCE FRIENDLY CONCERTS, AND RESOURCES FOR THOSE FOCUSED ON THE JOY APPRECIATION AND EDUCATION OF MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE THSOS 2023-2024 SEASON
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tonya Balch Past President | OfficerTrustee | 2 | $0 |
Samantha Johns Exec Director | OfficerTrustee | 40 | $72,196 |
Whitney Nesser Secretary | OfficerTrustee | 2 | $0 |
Don Schroeder Treasurer | OfficerTrustee | 5 | $0 |
Barb Hagerman President | OfficerTrustee | 10 | $0 |
David Chapman Vice President | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $600 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $28,296 |
All other contributions, gifts, grants, and similar amounts not included above | $230,404 |
Noncash contributions included in lines 1a–1f | $9,150 |
Total Revenue from Contributions, Gifts, Grants & Similar | $259,300 |
Total Program Service Revenue | $326,967 |
Investment income | $12,921 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $20,035 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $619,223 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $217,185 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $11,656 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,371 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $36,928 |
Office expenses | $5,982 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,148 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,707 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,145 |
Insurance | $6,067 |
All other expenses | $0 |
Total functional expenses | $603,284 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $43,670 |
Savings and temporary cash investments | $312,873 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $20,068 |
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 | $4,063 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $380,674 |
Accounts payable and accrued expenses | $3,876 |
Grants payable | $0 |
Deferred revenue | $75,826 |
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 | $79,702 |
Net assets without donor restrictions | $300,972 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $380,674 |