Hawaii Symphony Orchestra
- Assets
- $1.9m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 173
- Location
- Honolulu, HI
- Founding
- 01/2012
- Data as of
- 06/2021
- EIN
- 45-2861988
Organization Overview
Hawaii Symphony Orchestra is located in Honolulu, HI. The organization was established in 2012. 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, Hawaii Symphony Orchestra employed 173 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hawaii 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 06/2021, Hawaii Symphony Orchestra generated $3.4m 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 $2.6m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) 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
ESTABLISH AND OPERATE A PROFESSIONAL SYMPHONY IN HAWAII THAT WILL PRESENT THE HIGHEST QUALITY PERFORMANCES OF GREAT MUSIC, BRINGING NATIONAL AND INTERNATIONAL DISTINCTION TO THE ORCHESTRA AND THE COMMUNITY TO DELIGHT AND EDUCATE DIVERSE AUDIENCES OF ALL AGES AND ENHANCE THE CULTURAL VITALITY AND QUALITY OF LIFE IN THE REGION AND OPERATE IN A FINANCIALLY SOUND MANNER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR FISCAL 2021 DUE TO THE COVID PANDEMIC, HSO BEGAN CONCERT PRESENTATIONS ON A LIMITED STREAMING BASIS BEGINNING IN SEPTEMBER 2020 THROUGH DECEMBER 2020. BEGINNING IN MAY 2021, THE ORCHESTRA RESUMED ITS MASTERWORKS CLASSICAL MUSIC PROGRAM THROUGH JUNE 2021 THE END OF THE FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Moss Executive Director | Officer | 40 | $135,000 |
Paul Kosasa Chairman | OfficerTrustee | 4 | $0 |
Vicky Cayetano Vice Chairwoman | OfficerTrustee | 4 | $0 |
Kenneth Robbins Secretary | OfficerTrustee | 2 | $0 |
Jason Kravitt Treasurer | OfficerTrustee | 2 | $0 |
Mitchell D'olier Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $530,616 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,715,729 |
| Noncash contributions included in lines 1a–1f | $215,676 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,246,345 |
| Total Program Service Revenue | $179,343 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,427,588 |
| 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 | $1,077,129 |
| Pension plan accruals and contributions | $66,486 |
| Other employee benefits | $532,915 |
| Payroll taxes | $123,093 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $617 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $92,539 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,340 |
| Advertising and promotion | $81,574 |
| Office expenses | $47,792 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $154,837 |
| Travel | $47,841 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,059 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,631 |
| Insurance | $31,746 |
| All other expenses | $168,512 |
| Total functional expenses | $2,636,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $491,605 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,230,921 |
| 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 | $9,654 |
| Net Land, buildings, and equipment | $134,458 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,170 |
| Total assets | $1,894,808 |
| Accounts payable and accrued expenses | $1,008,462 |
| Grants payable | $0 |
| Deferred revenue | $195,373 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $810,847 |
| Secured mortgages and notes payable | $210,333 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,225,015 |
| Net assets without donor restrictions | -$330,207 |
| Net assets with donor restrictions | $0 |
| 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 | $1,894,808 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Hawaii Symphony Orchestra has recieved totaling $256,240.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $74,450 |
The Arthur And Mae Orvis Foundation Inc New York, NY PURPOSE: PROGRAM SUPPORT | $60,000 |
John R Halligan Charitable Fund Bannockburn, IL PURPOSE: UNRESTRICTED FOR GENERAL USE OF CHARITY | $55,000 |
Robert E Black Memorial Trust Honolulu, HI | | $46,836 |
Sheridan And Julia Ing Family Foundation Ltd Honolulu, HI PURPOSE: GENERAL PURPOSE | $5,000 |
Kenneth And Diane Matsuura Foundation Honolulu, HI PURPOSE: PHILANTHROPIC PURPOSES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Diego Symphony Orchestra Association San Diego, CA | $168,111,113 | $56,683,795 |
Pacific Symphony Irvine, CA | $52,133,763 | $17,603,170 |
San Diego Symphony Foundation San Diego, CA | $121,018,561 | $925,945 |
Philharmonia Baroque Orchestra & Chorale San Francisco, CA | $8,005,058 | $4,824,687 |
Santa Rosa Symphony Association Santa Rosa, CA | $23,001,628 | $6,302,463 |
Pasadena Symphony Association Pasadena, CA | $11,596,205 | $5,563,647 |
Santa Barbara Symphony Orchestra Association Santa Barbara, CA | $1,028,763 | $2,763,199 |
The Los Angeles Chamber Orchestra Society Inc Los Angeles, CA | $5,194,806 | $3,490,076 |
Hawaii Symphony Orchestra Honolulu, HI | $1,894,808 | $3,427,588 |
Philharmonic Society Of Orange County Irvine, CA | $2,790,910 | $2,557,738 |
San Diego Youth Symphony San Diego, CA | $3,933,341 | $2,245,854 |
San Jose Youth Symphony San Jose, CA | $1,419,309 | $1,744,607 |