Saint Louis Symphony Orchestra
- Assets
- $118.7m
- Revenue
- $74.6m
- Investments
- $0.0
- Employees
- 372
- Location
- St Louis, MO
- Founding
- 10/1926
- Data as of
- 08/2022
- EIN
- 43-0666769
Organization Overview
Saint Louis Symphony Orchestra is located in St Louis, MO. The organization was established in 1926. 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 08/2022, Saint Louis Symphony Orchestra employed 372 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saint Louis Symphony Orchestra 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 08/2022, Saint Louis Symphony Orchestra generated $74.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $31.4m during the year ending 08/2022. While expenses have increased by 1.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ST. LOUIS SYMPHONY ORCHESTRA (SLSO) IS TO ENRICH LIVES THROUGH THE POWER OF MUSIC. THE SLSO PROVIDES ORCHESTRA CONCERTS, COMMUNITY PROGRAMS, AND EDUCATIONAL RESOURCES FOR THE ST. LOUIS COMMUNITY AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.MUSIC PROGRAMS: THE ST. LOUIS SYMPHONY ORCHESTRA (SLSO) IS CELEBRATED AS A LEADING AMERICAN ORCHESTRA, KNOWN FOR ITS WARM AND ENGAGING SOUND, PROLIFIC AND ACCLAIMED RECORDING HISTORY, NATIONAL AND INTERNATIONAL TOURING ACTIVITIES, AND DISTINCTIVE COMMITMENT TO EDUCATIONAL AND COMMUNITY OUTREACH EFFORTS. THE SLSO REACHES CLOSE TO 200,000 PEOPLE EACH YEAR THROUGH LIVE CONCERTS, COMMUNITY EVENTS, AND EDUCATION PROGRAMS, PLUS 430,000 THROUGH PUBLIC MEDIA PARTNERSHIPS AND MILLIONS MORE ONLINE. THE SLSO MUSICAL FAMILY ALSO INCLUDES TWO RESIDENT CHORUSES: THE ST. LOUIS SYMPHONY CHORUS PERFORMS CHORAL-ORCHESTRAL MUSIC AND THE ST. LOUIS SYMPHONY IN UNISON CHORUS FOCUSES ON MUSIC OF AFRICAN AMERICAN AND AFRICAN TRADITIONS. COMPOSERS OF TODAY AND TOMORROW ARE A VALUED PART OF THE SLSO'S ARTISTIC MISSION, WITH THE ORCHESTRA INTRODUCING DOZENS OF NEW WORKS INTO THE REPERTOIRE THROUGH COMMISSIONS AND CO-COMMISSIONS. THE SLSO IS COMMITTED TO ITS HOMETOWN, PERFORMING DOZENS OF CONCERTS THROUGHOUT THE ST. LOUIS REGION EACH SEASON AND FORMING MEANINGFUL PARTNERSHIPS WITH OTHER AREA ARTS AND NONPROFIT INSTITUTIONS. FOR MORE THAN 100 YEARS, THE SLSO HAS SUPPORTED STUDENTS, TEACHERS, AND PARENTS IN ST. LOUIS AND BEYOND THROUGH MUSIC EDUCATION PROGRAMMING. THE ST. LOUIS SYMPHONY YOUTH ORCHESTRA HAS BEEN THE REGION'S PREMIERE TRAINING ORCHESTRA FOR HIGH SCHOOL AND COLLEGE STUDENTS FOR MORE THAN 50 YEARS. THE ORCHESTRA ALSO PROVIDES PERFORMANCES AND RESOURCES FOR MORE THAN 500 SCHOOLS EACH YEAR, WITH 50,000 STUDENTS AND TEACHERS PARTICIPATING IN MUSIC EDUCATION PROGRAMS WITH THE SLSO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie-Helene Bernard President/chief Executive Officer | OfficerTrustee | 40 | $588,917 |
Jennifer Nitchman Trustee / Musician | Trustee | 40 | $108,160 |
Cally Banham Trustee / Musician | Trustee | 40 | $109,712 |
Steve Finerty Chair | OfficerTrustee | 2 | $0 |
Nancy Galvin Vice Chair | OfficerTrustee | 2 | $0 |
Noemi Neidorff Vice Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stephane Deneve Music Director / Conductor | 8/30/22 | $414,159 |
Bennett Direct Inc Fundraiser | 8/30/22 | $186,914 |
Thompson Coburn Llp Legal | 8/30/22 | $141,437 |
Advertising Printing Co Inc Printing & Mailing Services | 8/30/22 | $100,712 |
Gardaworld Security System Security Services | 8/30/22 | $146,949 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $187,760 |
| Related organizations | $10,612,078 |
| Government grants | $4,357,820 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,923,730 |
| Noncash contributions included in lines 1a–1f | $731,717 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,081,388 |
| Total Program Service Revenue | $7,266,234 |
| Investment income | $152,664 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $43 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,574 |
| Net Income from Fundraising Events | -$35,769 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,555,125 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,282,642 |
| 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. | $1,175,553 |
| Compensation of current officers, directors, key employees. | $866,279 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,683,771 |
| Pension plan accruals and contributions | $1,154,050 |
| Other employee benefits | $2,297,532 |
| Payroll taxes | $1,194,195 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $128,719 |
| Fees for services: Accounting | $78,500 |
| Fees for services: Lobbying | $75,000 |
| Fees for services: Fundraising | $162,117 |
| Fees for services: Investment Management | $5,559 |
| Fees for services: Other | $616,004 |
| Advertising and promotion | $1,032,721 |
| Office expenses | $1,161,606 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,429,984 |
| Travel | $574,205 |
| 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 | $415,984 |
| Insurance | $334,853 |
| All other expenses | $0 |
| Total functional expenses | $31,405,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,736,000 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $39,074,525 |
| Accounts receivable, net | $1,110,407 |
| Loans from Officers, Directors, or Controlling Persons | $77,394 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,669,331 |
| Inventories for sale or use | $6,442 |
| Prepaid expenses and deferred charges | $228,365 |
| Net Land, buildings, and equipment | $14,586,651 |
| Investments—publicly traded securities | $35,869,679 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,330,014 |
| Total assets | $118,688,808 |
| Accounts payable and accrued expenses | $2,625,442 |
| Grants payable | $0 |
| Deferred revenue | $2,716,767 |
| 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 | $1,040,373 |
| Total liabilities | $6,382,582 |
| Net assets without donor restrictions | $20,654,537 |
| Net assets with donor restrictions | $91,651,689 |
| 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 | $118,688,808 |