Indiana State Symphony Society Inc
- Assets
- $71.1k
- Revenue
- $82.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 09/1998
- Data as of
- 08/2021
- EIN
- 35-2024219
Organization Overview
Indiana State Symphony Society Inc is located in Indianapolis, IN. The organization was established in 1998. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Indiana State Symphony Society 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 08/2021, Indiana State Symphony Society Inc generated $82.7k 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 (4.1%) each year. All expenses for the organization totaled $84.4k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 6 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
THE INDIANAPOLIS SYMPHONY ORCHESTRA ASSOCIATION (ISOA) SUPPORTS THE PROGRAMS AND GOALS OF THE INDIANAPOLIS SYMPHONY ORCHESTRA. MEMBERSHIP IN THE ISOA PROMOTES THE ENJOYMENT OF MUSIC AND PROVIDES SUPPORT FOR THE INDIANAPOLIS SYMPHONY ORCHESTRA THROUGH FUNDRAISING AND MUSIC EDUCATION FOR CHILDREN AND ADULTS THROUGHOUT INDIANA. THE ISOA WORKS TO DEVELOP TOMORROW'S AUDIENCE BY EXPOSING CHILDREN AND ADULTS TO RICH MUSICAL EXPERIENCES. THE ISOA SEEKS TO: INCREASE PUBLIC AWARENESS OF THE SYMPHONY, ENCOURAGE AUDIENCE DEVELOPMENT AND CONCERT ATTENDANCE, PROMOTE MUSIC EDUCATION STATEWIDE FOR CHILDREN AND ADULTS, DEVELOP AND SUPPORT FUNDRAISING PROJECTS, AND PROMOTE AND PARTICIPATE IN THE SYMPHONY'S ANNUAL FUND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO THE INDIANAPOLIS SYMPHONY ORCHESTRA IN ACCORDANCE WITH THE INDIANAPOLIS SYMPHONY ORCHESTRA ASSOCIATION'S EXEMPT PURPOSE.
CONCERT AND CONTESTS PROMOTING MUSIC AND THE PROGRAMS OF THE INDIANAPOLIS SYMPHONY ORCHESTRA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ellen Weitekamp President | OfficerTrustee | 30 | $0 |
Terry Snell Co-President Elect | OfficerTrustee | 2 | $0 |
Jan Pierce Co-President Elect | OfficerTrustee | 2 | $0 |
Dorian Poole Corresponding Secretary | OfficerTrustee | 2 | $0 |
Leslie Nelson Recording Secretary | OfficerTrustee | 2 | $0 |
Nela Swinehart Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,445 |
| Fundraising events | $14,743 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,840 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,028 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $36,508 |
| Net Income from Gaming Activities | $2,160 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $82,667 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $73,208 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,064 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $84,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,476 |
| Savings and temporary cash investments | $5,624 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $71,100 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $71,100 |
| Total liabilities and net assets/fund balances | $71,100 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Indiana State Symphony Society Inc has recieved totaling $37,500.
| Awarding Organization | Amount |
|---|---|
Arts Council Of Indianapolis Inc Indianapolis, IN PURPOSE: ARTS PROGRAMMING | $37,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wisconsin Public Broadcasting Foundation Inc Madison, WI | $32,720,675 | $11,782,247 |
Indianapolis Symphony Orchestra Foundation Inc Indianapolis, IN | $120,040,413 | $10,534,808 |
Wisconsin History Foundation Inc Madison, WI | $57,186,900 | $14,378,166 |
Commonwealth Fund For Ket Inc Lexington, KY | $35,205,433 | $8,912,254 |
St Louis Art Museum Foundation St Louis, MO | $296,394,608 | $22,752,701 |
Minnetrista Cultural Foundation Inc Muncie, IN | $19,419,646 | $5,083,805 |
Overture Center Foundation Inc Madison, WI | $20,998,721 | $8,215,874 |
Conner Prairie Foundation Inc Fishers, IN | $182,758,575 | $6,601,081 |
Overture Development Corporation Madison, WI | $128,656,351 | $0 |
Mariners Museum Tr No 2 P03152009 Chicago, IL | $40,886,491 | $1,565,814 |
World Chess Museum Inc St Louis, MO | $1,624,573 | $2,628,298 |
John R Vanderlip Trust Uw 5006 Nect Milwaukee, WI | $35,603,983 | $4,156,554 |