Indianapolis Symphony Orchestra Foundation Inc

Organization Overview

Indianapolis Symphony Orchestra Foundation Inc is located in Indianapolis, IN. The organization was established in 1990. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Indianapolis Symphony Orchestra Foundation 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 08/2022, Indianapolis Symphony Orchestra Foundation Inc generated $9.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $8.2m during the year ending 08/2022. While expenses have increased by 1.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE INDIANAPOLIS SYMPHONY ORCHESTRA FOUNDATION, INC. (THE "ISO FOUNDATION") WAS FORMED IN SEPTEMBER 1990 FOR THE PURPOSE OF EDUCATING THE PUBLIC AND PROVIDING FINANCIAL AND OTHER SUPPORT TO THE INDIANA SYMPHONY SOCIETY, INC. (THE "SOCIETY"), AN INDIANA NOT-FOR-PROFIT CORPORATION THAT OPERATES THE INDIANAPOLIS SYMPHONY ORCHESTRA. IT IS THE GENERAL PRACTICE OF THE SOCIETY TO TRANSFER CONTRIBUTIONS RAISED, OTHER THAN ANNUAL FUND CONTRIBUTIONS, TO THE ISO FOUNDATION UNLESS A DONOR SPECIFICALLY REQUIRES THE CONTRIBUTION TO BE MAINTAINED BY THE SOCIETY. ALL FUNDRAISING EXPENSES ARE RECORDED AND REPORTED IN THE SOCIETY'S ACCOUNTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SUPPORT TO INDIANA SYMPHONY SOCIETY, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Treasurer
$0
Name Not Listed
Chair
$0
Name Not Listed
Secretary
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Fa Wilhelm Construction
Construction
$214,370
Cambridge Associates Llc
Investment Advisor
$168,750
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$182,277
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$182,277
Total Program Service Revenue$1,250,000
Investment income $1,779,195
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,363,630
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,602,897

Grants Awarded

Over the last fiscal year, Indianapolis Symphony Orchestra Foundation Inc has awarded $7,781,540 in support to 2 organizations.

Grant RecipientAmount

INDIANA SYMPHONY SOCIETY INC

PURPOSE: TO FUND OPERATING EXPENSES, RENT, EDUCATION, AND ARTISTIC ENDEAVORS.

$7,771,927

INDIANAPOLIS SYMPHONY ORCHESTRA ASSOCIATION

PURPOSE: TO FUND THE MAURER YOUNG MUSICIAN CONTEST

$9,613
View Grant Profile

Peer Organizations

Organization NameAssets
Overture Center Foundation Inc
Madison, WI
$26,325,539
Commonwealth Fund For Ket Inc
Lexington, KY
$15,032,998
St Louis Art Museum Foundation
St Louis, MO
$19,614,433
Wisconsin Public Broadcasting Foundation Inc
Madison, WI
$11,975,237
Indianapolis Symphony Orchestra Foundation Inc
Indianapolis, IN
$9,602,897
Wisconsin History Foundation Inc
Madison, WI
$14,378,166
Minnetrista Cultural Foundation Inc
Muncie, IN
$5,083,805
Conner Prairie Foundation Inc
Fishers, IN
$6,601,081
Overture Development Corporation
Madison, WI
$0
Mariners Museum Tr No 2 P03152009
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$4,069,108
World Chess Museum Inc
St Louis, MO
$3,330,943
John R Vanderlip Trust Uw 5006 Nect
Milwaukee, WI
$2,300,161
Kentucky Center For The Arts Foundation Inc
Louisville, KY
$2,309,948
Mariners Museum Tr No 1 P03583005
Chicago, IL
$2,721,362
Friends Of Barker Civic Center Inc
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$1,684,272
Madison Youth Arts Center Inc
Madison, WI
$407,037
Wisconsin Youth Symphony Orchestra Inc
Madison, WI
$18,864,413
Block 100 Foundation Inc
Middleton, WI
$1,116,192
Kansas City Friends Of Alvin Ailey
Kansas City, MO
$1,218,328
Friends Of The Historic Genesee Theatre
Waukegan, IL
$2,226,654
The Kansas City Symphony Foundation
Kansas City, MO
$1,019,903
Florence Dibell Bartlette 01 21940
Po Box Chicago, IL
$1,646,444
Milwaukee Symphony Orchestra Foundation
Milwaukee, WI
$413,955
Creation And Preservation Partners Inc
Sheboygan, WI
$489,506
Nina Browne Parker Tr
Milwaukee, WI
$844,932

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