Bloomington Symphony Orchestra Association Inc
- Assets
- $353.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, MN
- Founding
- 08/1982
- Data as of
- 06/2022
- EIN
- 41-1424520
Organization Overview
Bloomington Symphony Orchestra Association Inc is located in Bloomington, MN. The organization was established in 1982. 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. Bloomington 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 06/2022, Bloomington Symphony Orchestra Association Inc generated $103.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $80.5k during the year ending 06/2022. While expenses have increased by 6.5% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Kleinsasser Tan General Manager | 20 | $19,046 | |
Manny Laureano Music Director | 10 | $12,250 | |
Becky Jyrkas Treasurer | 5 | $0 | |
Charlotte Bartholomew Secretary | 5 | $0 | |
Megan Dvorak Vice President | 5 | $0 | |
Will Bartruff Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,387 |
| Total Program Service Revenue | $9,659 |
| Membership dues | $7,471 |
| Investment income | $21,718 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,007 |
| Other Revenue | $0 |
| Total Revenue | $103,242 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,562 |
| Professional fees and other payments to independent contractors | $27,390 |
| Occupancy, rent, utilities, and maintenance | $13,660 |
| Printing, publications, postage, and shipping | $6,688 |
| Other expenses | $10,198 |
| Total expenses | $80,498 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $318,527 |
| Other assets | $0 |
| Total assets | $353,658 |
| Total liabilities | $0 |
| Net assets or fund balances | $353,658 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Paul Chamber Orchestra Society St Paul, MN | $57,703,244 | $22,202,532 |
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 |
South Dakota Symphony Orchestra Sioux Falls, SD | $2,471,738 | $2,231,218 |
Quad City Symphony Orchestra Association Davenport, IA | $1,491,842 | $2,535,869 |
Wisconsin Chamber Orchestra Inc Madison, WI | $6,414,052 | $3,173,196 |
Orchestra Iowa Inc Cedar Rapids, IA | $6,413,175 | $1,876,177 |
Greater Twin Cities Youth Symphonies St Paul, MN | $1,493,786 | $1,297,904 |
Dubuque Symphony Orchestra Dubuque, IA | $3,373,289 | $1,369,482 |
Duluth-Superior Symphony Association Duluth, MN | $1,861,417 | $795,245 |
Sioux City Symphony Orchestra Association Sioux City, IA | $4,671,990 | $1,267,585 |