Ludwig Symphony Orchestra Inc
- Assets
- $1.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, GA
- Founding
- 05/2003
- Data as of
- 06/2022
- EIN
- 35-2184936
Organization Overview
Ludwig Symphony Orchestra Inc is located in Duluth, GA. The organization was established in 2003. 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. Ludwig 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 06/2022, Ludwig Symphony Orchestra Inc generated $27.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $28.9k during the year ending 06/2022. While expenses have increased by 4.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Ludwig Chairman | 0 | $14,000 | |
Tim Spaid Vice Preside | 0 | $0 | |
Vivian Chen Secretary | 0 | $0 | |
Jinmin Lee Treasurer | 0 | $0 | |
Heather Vicenty Board Member | 0 | $0 | |
Kathy Merrill Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,050 |
| Total Program Service Revenue | $14,503 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,553 |
| 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 | $1,200 |
| Occupancy, rent, utilities, and maintenance | $3,650 |
| Printing, publications, postage, and shipping | $1,565 |
| Other expenses | $22,485 |
| Total expenses | $28,900 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,673 |
| Other assets | $0 |
| Total assets | $1,673 |
| Total liabilities | $9,212 |
| Net assets or fund balances | -$7,539 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jacksonville Symphony Association Jacksonville, FL | $14,561,376 | $11,991,040 |
Florida Orchestra Inc St Petersburg, FL | $17,821,899 | $8,292,788 |
Florida West Coast Symphony Inc Sarasota, FL | $33,277,421 | $26,320,822 |
The Orlando Philharmonic Orchestra Inc Orlando, FL | $6,944,219 | $4,632,792 |
Knoxville Symphony Society Inc Knoxville, TN | $1,484,079 | $3,960,669 |
Memphis Symphony Orchestra Inc Memphis, TN | $6,274,797 | $4,582,397 |
Alabama Symphonic Association Inc Birmingham, AL | $2,772,905 | $5,743,069 |
Greensboro Symphony Orchestra Incorporated Greensboro, NC | $1,104,196 | $3,569,093 |
Winston Salem Symphony Assoc Winstonsalem, NC | $6,175,789 | $3,471,563 |
The Palm Beach Symphony Society Inc West Palm Beach, FL | $3,120,506 | $3,215,175 |
Charleston Symphony Orchestra Charleston, SC | $3,900,208 | $3,884,009 |
Augusta Symphony Inc Augusta, GA | $19,725,932 | $3,708,047 |