Waterloo Cedar Falls Symphony Orchestra Association

Organization Overview

Waterloo Cedar Falls Symphony Orchestra Association, operating under the name Wcfsymphony, is located in Cedar Falls, IA. The organization was established in 1971. 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 06/2024, Wcfsymphony employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wcfsymphony 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 06/2024, Wcfsymphony generated $697.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $800.3k during the year ending 06/2024. While expenses have increased by 14.2% per year over the past 4 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 990T Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE SYMPHONY IS TO PROVIDE THE BEST LIVE MUSIC THERE IS.

Describe the Organization's Program Activity:

PROVIDED CLASSICAL CONCERTS, POPS CONCERTS, AND A SERIES OF MUSIC LAB YOUTH CONCERTS. FACILITATED A YEAR-LONG ARTIST RESIDENCY IN THE WATERLOO SCHOOLS. WENT INTO LOCAL SCHOOLS TO EDUCATE YOUNG STUDENTS ABOUT CLASSICAL MUSIC.


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Board, Officers & Key Employees

Name (title)Compensation
Jordan Bancroft
Executive Director
$58,993
Randy Grabowski
Director
$3,514
Alexander Pershounin
Director
$2,558
Anthony Williams
Director
$2,279
Renee Veenstra
Director
$2,187
Martha Kroese
President
$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$467,344
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$467,344
Total Program Service Revenue$199,870
Investment income $18,702
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,187
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $697,103

Peer Organizations

Organization NameAssets
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$102,432,097
Saint Louis Symphony Orchestra
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$74,555,125
Minnesota Orchestral Association
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$20,377,124
Milwaukee Symphony Orchestra Inc
Milwaukee, WI
$18,464,144
Kansas City Symphony
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$14,755,393
Saint Paul Chamber Orchestra Society
St Paul, MN
$10,053,155
Saint Louis Symphony Endowment Trust
Saint Louis, MO
$18,922,089
Omaha Symphony Association
Omaha, NE
$10,617,532
Des Moines Symphony Association
Des Moines, IA
$5,286,185
Madison Symphony Orchestra Inc
Madison, WI
$3,792,114
Chicago Youth Symphony Orchestras
Chicago, IL
$3,892,125
The Chicago Philharmonic Society
Chicago, IL
$3,210,456
Quad City Symphony Orchestra Association
Davenport, IA
$3,423,220
Milwaukee Youth Symphony Orchestra Inc
Milwaukee, WI
$3,374,542
Orchestra Iowa Inc
Cedar Rapids, IA
$3,674,053
Wisconsin Chamber Orchestra Inc
Madison, WI
$2,816,228
South Dakota Symphony Orchestra
Sioux Falls, SD
$4,034,440
Elgin Symphony Orchestra Assoc
Elgin, IL
$1,780,383
Sioux City Symphony Orchestra Association
Sioux City, IA
$2,019,352
Illinois Symphony Orchestra Inc
Springfield, IL
$1,564,334
Midwest Young Artists
Highwood, IL
$1,587,915
Rockford Symphony Orchestras Inc
Rockford, IL
$1,042,042
Lincoln Orchestra Association
Lincoln, NE
$1,300,084
Dubuque Symphony Orchestra
Dubuque, IA
$1,369,482
Illinois Philharmonic Orchestra
Park Forest, IL
$931,433

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