Dearborn Orchestral Society Endowment Fund Inc
- Assets
- $1.6m
- Revenue
- $2.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Dearborn, MI
- Founding
- 07/1992
- Data as of
- 05/2022
- EIN
- 38-3049011
Organization Overview
Dearborn Orchestral Society Endowment Fund Inc, operating under the name Dosef, is located in Dearborn, MI. The organization was established in 1992. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dosef 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 05/2022, Dosef generated $2.0k 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 (43.5%) each year. All expenses for the organization totaled $75.7k during the year ending 05/2022. 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 PROVIDE PERPETUAL SUPPORT FOR THE DEARBORN ORCHESTRAL SOCIETY TO ENSURE ITS ARTISTIC AND FINANCIAL STABILITY. ANNUAL INCOME FROM OUR FUND IS DONATED TO THE DOS TO SUPPORT PUBLIC AND YOUTH CONCERTS, AND SCHOLARSHIPS FOR MUSIC LESSIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO DEARBORN ORCHESTRAL SOCIETY FOR OPERATING EXPENSES
DONATION TO DEARBORN ORCHESTRAL SOCIETY FOR CHILDREN'S CONCERT
DONATION TO DEARBORN ORCHESTRAL SOCIETY FOR STUDENT SCHOLARSHIPS DUE TO PANDEMIC SCHOLARSHIP DONATION WAS NOT NEEDED. THIS ENTRY PROVIDED TO HELP WHEN COMPLETING NEXT YEAR'S RETURN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Butler Vice Present, Secretary | OfficerTrustee | 1 | $0 |
Brenda Lemecha President | OfficerTrustee | 1 | $0 |
Benjamin Bachrach Treasurer | OfficerTrustee | 2 | $0 |
Kristy Berent Director | Trustee | 1 | $0 |
Alice Putrus Director | Trustee | 1 | $0 |
Anina Bachrach Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $201 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201 |
| Total Program Service Revenue | $0 |
| Investment income | $52,439 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$50,684 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,956 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,606 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $61 |
| Total functional expenses | $75,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $136,708 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,495,090 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,631,798 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,498,460 |
| Net assets with donor restrictions | $133,338 |
| 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 | $1,631,798 |
Endowment Analysis
| Beg. Balance | $1,710,208 |
| Earnings | -$2,944 |
| Admin Expense | $61 |
| Net Contributions | $201 |
| Grants | $75,606 |
| Ending Balance | $1,631,798 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Burke Foundation Inc Milwaukee, WI | $121,362,007 | $6,169,378 |
Legacy Ministries International Miamisburg, OH | $19,772,122 | $9,496,870 |
Delta Dental Fund Lansing, MI | $137,389,492 | $20,883,469 |
Henrietta M Riley Trust 33b006006 Fbo Detroit, MI | $3,389,171 | $4,902,878 |
Vine And Branches Foundation Inc Brookfield, WI | $8,641,827 | $2,521,561 |
Association Of State Floodplain Managers Inc Madison, WI | $3,465,086 | $3,791,524 |
Higley Fund Of The Cleveland Foundation Cleveland, OH | $45,795,016 | $3,866,437 |
William T And Frances A Little Foundation Kalamazoo, MI | $11,702,405 | $13,614,004 |
Iba Foundation Inc Indianapolis, IN | $12,440,961 | $2,236,680 |
Ashland Legacy Tr Ashland, OH | $4,120,436 | $0 |
Northeastern Wisconsin Area Health Education Center Inc Manitowoc, WI | $935,274 | $1,545,706 |
Transformation Trust Inc Indianapolis, IN | $23,182,828 | $1,253,752 |