Manitowoc Symphony Orchestra Association Inc
- Assets
- $1.0m
- Revenue
- $234.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Manitowoc, WI
- Founding
- 11/1956
- Data as of
- 06/2021
- EIN
- 39-6060498
Organization Overview
Manitowoc Symphony Orchestra Association Inc is located in Manitowoc, WI. The organization was established in 1956. 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 06/2021, Manitowoc Symphony Orchestra Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manitowoc Symphony Orchestra Association 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 06/2021, Manitowoc Symphony Orchestra Association Inc generated $234.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $134.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MANITOWOC SYMPHONY ORCHESTRAS MAIN PURPOSE IS TO EDUCATE AND PROMOTE APPRECIATION OF CLASSICAL MUSIC IN THE LOCAL COMMUNITY THROUGH CONCERTS AND OTHER EDUCATIONAL PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATION AND PROMOTE APPRECIATION FOR CLASSICAL MUSIC IN OUR COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Pitz Executive Director | Officer | 40 | $44,500 |
Dylan T Chmura-Moore Music Director | Officer | 30 | $31,250 |
Carrie Kulas Operations Director | Officer | 5 | $10,007 |
Matt Neu Treasurer | Officer | 1 | $0 |
Dianne Finneegan Secrtary | Officer | 1 | $0 |
Kelly Dvorak Vice President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $56,888 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,017 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,905 |
| Total Program Service Revenue | $82,017 |
| Investment income | $22,646 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,822 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $234,390 |
| 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 | $78,013 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,656 |
| Payroll taxes | $5,968 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,822 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,094 |
| Office expenses | $4,774 |
| Information technology | $2,442 |
| Royalties | $0 |
| Occupancy | $2,502 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,051 |
| Interest | $581 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,551 |
| All other expenses | $0 |
| Total functional expenses | $134,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,829 |
| Savings and temporary cash investments | $0 |
| 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 | $8,869 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $981,290 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,012,988 |
| Accounts payable and accrued expenses | $4,363 |
| Grants payable | $0 |
| Deferred revenue | $22,765 |
| 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 | $16,253 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,061 |
| Total liabilities | $52,442 |
| Net assets without donor restrictions | $745,574 |
| Net assets with donor restrictions | $214,972 |
| 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 | $1,012,988 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Manitowoc Symphony Orchestra Association Inc has recieved totaling $74,508.
| Awarding Organization | Amount |
|---|---|
Ruth St John & John Dunham West Foundation Inc Manitowoc, WI PURPOSE: RESTRICTED | $58,000 |
Lakeshore Community Foundation Inc Manitowoc, WI PURPOSE: $11,660 UNRESTRICTED; $4,600 ENDOWMENT FUND | $16,260 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $248 |
Endowment Analysis
| Beg. Balance | $753,245 |
| Earnings | $22,646 |
| Admin Expense | $6,822 |
| Net Contributions | $55,016 |
| Ending Balance | $824,085 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Symphony Orchestra Chicago, IL | $576,700,123 | $109,905,535 |
Minnesota Orchestral Association Minneapolis, MN | $187,473,763 | $23,588,719 |
Detroit Symphony Orchestra Hall Inc Detroit, MI | $97,503,520 | $29,874,628 |
Milwaukee Symphony Orchestra Inc Milwaukee, WI | $122,941,209 | $33,243,126 |
Grand Rapids Symphony Society Grand Rapids, MI | $6,657,585 | $10,068,479 |
Saint Paul Chamber Orchestra Society St Paul, MN | $57,703,244 | $22,202,532 |
Kalamazoo Symphony Orchestra Kalamazoo, MI | $22,806,442 | $2,938,902 |
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 |