Detroit Symphony Orchestra Hall Inc
- Assets
- $113.9m
- Revenue
- $44.8m
- Investments
- $6.7m
- Employees
- 715
- Location
- Detroit, MI
- Founding
- 07/1952
- Data as of
- 08/2022
- EIN
- 38-1385132
Organization Overview
Detroit Symphony Orchestra Hall Inc is located in Detroit, MI. The organization was established in 1952. 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 08/2023, Detroit Symphony Orchestra Hall Inc employed 715 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Detroit Symphony Orchestra Hall 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 08/2022, Detroit Symphony Orchestra Hall Inc generated $44.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $36.7m during the year ending 08/2022. While expenses have increased by 1.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORCHESTRA CONCERTS: THE ORCHESTRA'S PERFORMANCE CALENDAR INCLUDES CLASSICAL AND POPS CONCERTS IN ORCHESTRA HALL, AS WELL AS THE LIVE FROM ORCHESTRA HALL WEBCAST SERIES NOW IN ITS ELEVENTH SEASON, SHARING THE MUSIC OF THE DSO WITH LISTENERS IN ALL 50 STATES AND 100 COUNTRIES WORLDWIDE.
JAZZ AND OTHER PRESENTATIONS: THE DSO PRESENTS THE WORLD'S BEST JAZZ ARTISTS THROUGH OUR PARADISE JAZZ SERIES A NAME IN HOMAGE TO ORCHESTRA HALL'S HERITAGE AS THE FORMER PARADISE JAZZ THEATER. THE SERIES IS CURRENTLY LED BY GRAMMY AWARD-WINNING JAZZ TRUMPETER AND COMPOSER TERENCE BLANCHARD. THE DSO IS ONE OF FEW ORCHESTRAS IN THE COUNTRY TO HAVE DEDICATED JAZZ PROGRAMMING, AND THE ONLY TO HAVE A JAZZ CREATIVE DIRECTOR CHAIR POSITION IN ITS ARTISTIC LEADERSHIP. THE DSO'S CUBE SERIES FEATURES HUNDREDS OF ARTISTS IN A VARIETY OF GENRES INCLUDING JAZZ, R&B, ELECTRONIC, SALSA AND FUNK. THE DSO PRESENTS A SIMILARLY DIZZYING VARIETY OF ARTISTS, INCLUDING MEMBERS OF THE DSO, IN OUTDOOR CONCERTS IN ITS SOSNICK COURTYARD.
COMMUNITY USE OF THE MAX M. AND MARJORIE S. FISHER MUSIC CENTER: COMPLETED IN 2003, THE DSO'S MAX M. AND MARJORIE S. FISHER MUSIC CENTER HAS BEEN A CATALYST FOR GROWTH AND BEACON FOR POSITIVE IMPACT IN MIDTOWN AND THE CITY OF DETROIT. "THE MAX" IS HOME TO HISTORIC ORCHESTRA HALL, THE 15,000-SQUARE-FOOT PINCUS MUSIC EDUCATION CENTER, A STUNNING ATRIUM, STATE-OF-THE-ART REHEARSAL ROOMS AND ADMINISTRATIVE FACILITIES. AS DETROIT'S MUSICAL EPICENTER, IT IS A COMMUNITY GATHERING SPACE WHERE IDEAS, EXPERTISE, RESOURCES, AND ART COLLIDE DAILY.
EDUCATION AND COMMUNITY ENGAGEMENT: THE DETROIT SYMPHONY ORCHESTRA'S EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMMING IS DEDICATED TO PROVIDING MEANINGFUL MUSICAL EXPERIENCES FOR COMMUNITY MEMBERS THROUGHOUT THEIR LIVES. OUR PROGRAMS PROVIDE STUDENTS OF ALL AGES AND MUSICAL SKILL LEVELS ACROSS THE GREATER DETROIT AREA WITH THE OPPORTUNITY TO EXPAND CREATIVITY AND DEVELOP MUSICAL TALENT. EXPERIENCES RANGE FROM CONCERTS FOR TODDLERS, YOUNG CHILDREN, AND THEIR FAMILIES, TO INSTRUMENT TRAINING PROGRAMS SERVING ELEMENTARY UP TO GRADUATE STUDENTS. IN THIS TIME OF EXTRAORDINARY NEED, THE DSO HAS ALSO MADE A COMMITMENT TO SERVING OUR COMMUNITY FROM A DISTANCE, THROUGH FREE ACCESS TO OUR DSO REPLAY SERVICE AND THE EXPANSION OF OUR DIGITAL EDUCATION CONTENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David T Provost Director & Chairman | OfficerTrustee | 1 | $0 |
Erik Ronmark Director & President & CEO | OfficerTrustee | 60 | $384,660 |
Faye Alexander Nelson Director & Vice Chair | OfficerTrustee | 1 | $0 |
Laura Trudeau Director & Treasurer | OfficerTrustee | 1 | $0 |
James G Vella Director & Secretary | OfficerTrustee | 1 | $0 |
Ralph J Gerson Director & Officer At Large | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Opus 3 Artists Llc Guest Artists | 8/30/23 | $666,394 |
Capacity Interactive Consulting Llc Consulting | 8/30/23 | $274,844 |
Smithgroup Inc Architecture | 8/30/23 | $261,859 |
Bennett Direct Fundraising | 8/30/23 | $238,388 |
Globe Midwest Adjusters International Public Adjuster | 8/30/23 | $162,877 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,089,298 |
| Related organizations | $196,406 |
| Government grants | $701,294 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,452,778 |
| Noncash contributions included in lines 1a–1f | $104,351 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,439,776 |
| Total Program Service Revenue | $5,851,102 |
| Investment income | $1,939,519 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $8,483 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,188,785 |
| Net Income from Fundraising Events | -$151,700 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$38,375 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,760,192 |
| 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. | $2,931,251 |
| Compensation of current officers, directors, key employees. | $1,031,697 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,927,542 |
| Pension plan accruals and contributions | $1,397,243 |
| Other employee benefits | $1,916,840 |
| Payroll taxes | $1,310,257 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $64,323 |
| Fees for services: Accounting | $151,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $275,060 |
| Fees for services: Investment Management | $177,978 |
| Fees for services: Other | $4,017,914 |
| Advertising and promotion | $961,123 |
| Office expenses | $1,050,242 |
| Information technology | $450,359 |
| Royalties | $0 |
| Occupancy | $1,175,203 |
| Travel | $333,055 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $612 |
| Interest | $13,306 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,063,263 |
| Insurance | $258,151 |
| All other expenses | $117,157 |
| Total functional expenses | $36,743,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,972,899 |
| Savings and temporary cash investments | $1,610,295 |
| Pledges and grants receivable | $16,922,410 |
| Accounts receivable, net | $976,751 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $75,738 |
| Prepaid expenses and deferred charges | $391,549 |
| Net Land, buildings, and equipment | $34,113,763 |
| Investments—publicly traded securities | $42,555,848 |
| Investments—other securities | $6,723,429 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $509,540 |
| Total assets | $113,852,222 |
| Accounts payable and accrued expenses | $2,189,041 |
| Grants payable | $0 |
| Deferred revenue | $3,377,663 |
| 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 | $6,413,567 |
| Total liabilities | $11,980,271 |
| Net assets without donor restrictions | $30,497,893 |
| Net assets with donor restrictions | $71,374,058 |
| 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 | $113,852,222 |