Illinois Valley Orchestral Association
- Assets
- $302.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Peru, IL
- Founding
- 03/1968
- Data as of
- 06/2023
- EIN
- 36-2640171
Organization Overview
Illinois Valley Orchestral Association is located in Peru, IL. The organization was established in 1968. 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. Illinois Valley Orchestral 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 06/2023, Illinois Valley Orchestral Association generated $110.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $87.2k during the year ending 06/2023. While expenses have increased by 8.2% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PRESENTED 5 SYMPHONIC CONCERTS WITH ATTENDANCE OF 1661
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Janssen Board President | 0 | $0 | |
Theresa Mctaggart Board Secretary | 0 | $0 | |
Margaret Etheridge Board Treasurer | 0 | $0 | |
Richard Ault Board Member | 0 | $0 | |
Pamela Butler Board Member | 0 | $0 | |
Richard Crum Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,191 |
| Total Program Service Revenue | $28,646 |
| Membership dues | $0 |
| Investment income | $26,072 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,909 |
| 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 | $75,435 |
| Occupancy, rent, utilities, and maintenance | $4,621 |
| Printing, publications, postage, and shipping | $7,178 |
| Other expenses | $0 |
| Total expenses | $87,234 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $302,776 |
| Other assets | $0 |
| Total assets | $302,776 |
| Total liabilities | $0 |
| Net assets or fund balances | $302,776 |