Elgin Symphony Orchestra Assoc
- Assets
- $719.0k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 193
- Location
- Elgin, IL
- Founding
- 10/1983
- Data as of
- 06/2022
- EIN
- 36-3145577
Organization Overview
Elgin Symphony Orchestra Assoc is located in Elgin, IL. The organization was established in 1983. 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 06/2022, Elgin Symphony Orchestra Assoc employed 193 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elgin Symphony Orchestra Assoc 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, Elgin Symphony Orchestra Assoc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AND ENGAGE A BROAD AUDIENCE THROUGH THE PERFORMANCE OF POWER SYMPHONIC MUSIC AND DYNAMIC EDUCATIONAL PROGRAMS WHILE DEVELOPING STRONG COMMUNITY RELATIONSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2021-22 SEASON, THE ELGIN SYMPHONY ORCHESTRA PERFORMED 12 REPEATED FEATURE PERFORMANCES COMPRISED OF 30+ PROGRAMS OF CLASSICS, POPS AND HOLIDAY MUSIC WITH A TOTAL ATTENDANCE OF ROUGHLY 10,000 PATRONS. EIGHT EDUCATIONAL CONCERTS WERE PRESENTED FOR YOUTH AND SCHOOL CLASSES ON WEEKDAY MORNINGS, ATTENDED BY PUBLIC SCHOOLS THROUGHOUT THE REGION. THE ORCHESTRA CONTINUED TO PARTNER WITH LOCAL RETIREMENT COMMUNITIES, ADVOCATE SHERMAN HOSPITAL AND FOOD FOR GREATER ELGIN, AND PRESENTED NEW PROGRAMS IN PUBLIC AND PRIVATE SCHOOLS, HOSPICES, SENIOR CENTERS, PUBLIC FESTIVALS AND PLACES OF WORSHIP, FREE GIFTS TO A WIDE VARIETY OF AUDIENCES AS PART OF OUR COMMUNITY PARTNERSHIPS PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Thayer CEO | Trustee | 1 | $43,962 |
R Bert Crossland President | OfficerTrustee | 1 | $0 |
Bob Chiappetta Treasurer | OfficerTrustee | 1 | $0 |
Arlyn Tolzmann Secretary | OfficerTrustee | 1 | $0 |
Carlos Chavez Director | Trustee | 1 | $0 |
Gene Crume Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $537,009 |
| All other contributions, gifts, grants, and similar amounts not included above | $937,609 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,474,618 |
| Total Program Service Revenue | $579,972 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $43,250 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,098,094 |
| 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 | $0 |
| Other salaries and wages | $1,288,153 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $135,293 |
| Payroll taxes | $101,876 |
| 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 | $322,415 |
| Advertising and promotion | $110,222 |
| Office expenses | $17,614 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $86,996 |
| Travel | $82,300 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,415 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,559 |
| Insurance | $29,369 |
| All other expenses | $27,474 |
| Total functional expenses | $2,346,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $595,257 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $102,169 |
| 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 | $8,002 |
| Net Land, buildings, and equipment | $13,529 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $718,957 |
| Accounts payable and accrued expenses | $115,655 |
| Grants payable | $0 |
| Deferred revenue | $255,001 |
| 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 | $370,656 |
| Net assets without donor restrictions | $338,301 |
| Net assets with donor restrictions | $10,000 |
| 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 | $718,957 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Elgin Symphony Orchestra Assoc has recieved totaling $197,375.
| Awarding Organization | Amount |
|---|---|
Willow Springs Charitable Tr Mt Carroll, IL PURPOSE: GENERAL PURPOSE | $80,000 |
Dupage Community Foundation Downers Grove, IL PURPOSE: ARTS, CULTURE | $55,000 |
Grand Victoria Foundation Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Francis J & Patricia A Houlihan Foundation Barrington, IL PURPOSE: CHARITY'S EXEMPT PURPOSE | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $12,250 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas City Symphony Kansas City, MO | $64,822,369 | $17,397,853 |
Milwaukee Symphony Orchestra Inc Milwaukee, WI | $122,941,209 | $33,243,126 |
Saint Louis Symphony Endowment Trust Saint Louis, MO | $280,111,729 | $18,922,089 |
Indiana Symphony Society Inc Indianapolis, IN | $13,063,766 | $26,550,940 |
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
Fort Wayne Philharmonic Orchestra Inc Fort Wayne, IN | $27,926,694 | $5,947,084 |
Madison Symphony Orchestra Inc Madison, WI | $6,807,074 | $3,792,114 |
Des Moines Symphony Association Des Moines, IA | $12,208,795 | $2,653,432 |
Milwaukee Youth Symphony Orchestra Inc Milwaukee, WI | $9,958,210 | $2,491,222 |
Elgin Symphony Orchestra Assoc Elgin, IL | $718,957 | $2,098,094 |
Quad City Symphony Orchestra Association Davenport, IA | $1,491,842 | $2,535,869 |
Wisconsin Chamber Orchestra Inc Madison, WI | $6,414,052 | $3,173,196 |