Orchestra Iowa Inc

Organization Overview

Orchestra Iowa Inc, operating under the name Orchestra Iowa, is located in Cedar Rapids, IA. The organization was established in 1953. 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, Orchestra Iowa employed 197 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orchestra Iowa 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, Orchestra Iowa generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FOSTER THE ENJOYMENT OF, AND SUPPORT FOR, FINE SYMPHONIC MUSIC THROUGH QUALITY PERFORMANCES, EDUCATION AND COMMUNITY INVOLVEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORCHESTRA IOWA REACHES MORE THAN 25,000 INDIVIDUALS ANNUALLY THROUGH CLASSICAL, POPS, BALLET, OPERA, AND CHAMBER PERFORMANCES AND SPECIAL PRESENTATIONS THROUGHOUT EASTERN IOWA.


EDUCATIONAL PROGRAMS PRESENTED EACH YEAR INCLUDE MUSIC IN THE SCHOOLS, PIED PIPER, FIFTH GRADE FIDDLES, YOUTH CONCERTS, AND MUSIC LESSONS OFFERED THROUGH INDIVIDUAL INSTRUCTION. THESE PROGRAMS COMBINE TO BRING MUSIC INTO THE LIVES OF MORE THAN SEVENTEEN THOUSAND CHILDREN ANNUALLY THROUGHOUT LINN AND JOHNSON COUNTIES.


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Board, Officers & Key Employees

Name (title)Compensation
Tim Hankewich
Music Director
$97,047
Jeffrey Collier
Cheif Executive Officer
$87,767
Joyce Finch
Chair
$0
Denny Redmond
Treasurer
$0
Linda Barnes
Secretary
$0
Jon Bancks
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$179,163
Membership dues$0
Fundraising events$0
Related organizations$20,000
Government grants $430,609
All other contributions, gifts, grants, and similar amounts not included above$859,767
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,489,539
Total Program Service Revenue$214,851
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$24,544
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$851
Miscellaneous Revenue$0
Total Revenue $1,876,177

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Orchestra Iowa Inc has recieved totaling $1,000.

Awarding OrganizationAmount
John & Barbara Knapp Charitable Foundation

Cedar Rapids, IA

PURPOSE: TO ENABLE ORGANIZATION TO C/O ITS CHARITABLE PURPOSE

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,662,214
Earnings$175,760
Admin Expense$8,677
Net Contributions$70,550
Grants$111,418
Ending Balance$1,788,429

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