Metropolitan Symphony Orchestral Association
- Assets
- $83.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 10/1985
- Data as of
- 06/2023
- EIN
- 36-3305025
Organization Overview
Metropolitan Symphony Orchestral Association is located in Minneapolis, MN. The organization was established in 1985. 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. Metropolitan Symphony 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, Metropolitan Symphony Orchestral Association generated $136.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $123.1k during the year ending 06/2023. While expenses have increased by 3.6% per year over the past 8 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
CELEBRATING ITS 40TH ANNIVERSARY, THE METROPOLITAN SYMPHONY ORCHESTRA PERFORMED SIX FREE CONCERTS OF MUSIC CHAMPIONING NEW WORKS AND COMPOSERS OF DIVERSE BACKGROUNDS, INCLUDING PREMIERES, FOR APPROXIMATELY 2,000 PEOPLE IN 6 TWIN CITIES AREA VENUES. THE ORCHESTRA IS MADE UP OF 80 PLAYERS WHO VOLUNTEER THEIR TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Waldo President | 7 | $0 | |
Paul Zbaracki Vice President | 5 | $0 | |
Stuart Ronkainen Treasurer | 5 | $0 | |
Kris Kautzman Secretary | 1 | $0 | |
Lena Cicha Director | 1 | $0 | |
Ellen Cornwall Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,866 |
| Total Program Service Revenue | $1,895 |
| Membership dues | $0 |
| Investment income | $296 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,293 |
| Other Revenue | $0 |
| Total Revenue | $135,950 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,840 |
| Professional fees and other payments to independent contractors | $13,709 |
| Occupancy, rent, utilities, and maintenance | $5,823 |
| Printing, publications, postage, and shipping | $4,885 |
| Other expenses | $33,839 |
| Total expenses | $123,096 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,599 |
| Other assets | $0 |
| Total assets | $83,599 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,599 |