Rockford Symphony Orchestras Inc

Organization Overview

Rockford Symphony Orchestras Inc is located in Rockford, IL. The organization was established in 1945. 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, Rockford Symphony Orchestras Inc employed 132 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockford Symphony Orchestras 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 06/2020, Rockford Symphony Orchestras Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.2m during the year ending 06/2020. While expenses have increased by 0.8% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SYMPHONY ORCHESTRAS - THE ORCHESTRAS PRODUCE A SERIES OF CONCERTS EACH SEASON. THE ORCHESTRAS MISSION IS TO LEAD IN THE CREATION OF VIBRANT MUSIC EXPERIENCES THAT ENLIGHTEN, EDUCATE AND ENTERTAIN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SYMPHONY AND OTHER RELATED PERFORMANCES


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Board, Officers & Key Employees

Name (title)Compensation
Julie Thomas
Executive Di
$72,450
Joseph Mccoy
Imm. Past Pr
$0
Tami Gaudreau
Secretary
$0
Ethan Zentz
Treasurer
$0
Colin Peterson
President
$0
Thomas Sandquist
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$651,300
Investment income $5,741
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$894
Net Income from Fundraising Events $115,222
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $454
Miscellaneous Revenue$0
Total Revenue $1,218,204

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Rockford Symphony Orchestras Inc has recieved totaling $2,500.

Awarding OrganizationAmount
Gloyd Family Foundation

Peoria, IL

PURPOSE: PROGRAMS

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$448,184
Earnings-$72,100
Admin Expense$3,361
Net Contributions$100,000
Ending Balance$472,723

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