Wichita Symphony Society Inc
- Assets
- $9.9m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 46
- Location
- Wichita, KS
- Founding
- 08/1956
- Data as of
- 06/2023
- EIN
- 48-0671518
Organization Overview
Wichita Symphony Society Inc is located in Wichita, KS. The organization was established in 1956. 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 06/2023, Wichita Symphony Society Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wichita Symphony Society 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 06/2023, Wichita Symphony Society Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $2.5m during the year ending 06/2023. While expenses have increased by 1.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE LIVE PERFORMANCE OF SYMPHONIC AND ORCHESTRAL PRODUCTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WICHITA SYMPHONY PRESENTS LIVE PERFORMANCES OF SYMPHONIC MUSIC. A BROAD RANGE OF CULTURAL, EDUCATIONAL, AND ENTERTAINMENT ACTIVITIES ARE PLANNED EACH SEASON THAT WILL REACH AND/OR INVOLVE AN ESTIMATED 100,000 KANSANS OF ALL AGES AND ECONOMIC MEANS. PROGRAMS INCLUDE TRADITIONAL MASTERWORKS CONCERTS, SYMPHONIC POPS, FAMILY CONCERTS, EDUCATIONAL PROGRAMMING, AND A FREE COMMUNITY CONCERT AT CHRISTMAS. PUBLIC RADIO AND OCCASIONAL PUBLIC TELEVISION BROADCASTS REACH THOUSANDS ACROSS THE STATE. SMALL ENSEMBLES DELIVER SHORT CONCERTS TO COMMUNITY-WIDE VENUES, PRODUCING A HIGHLY REGARDED OUTREACH PROGRAM.
THE WICHITA SYMPHONY PRESENTS MANY EDUCATIONAL PROGRAMS THROUGHOUT THE SEASON. THESE INCLUDE TWO SETS OF YOUNG PEOPLE'S CONCERTS FOR NEARLY 11,000 AREA STUDENTS IN THIRD THROUGH EIGHTH GRADE; A YOUTH ORCHESTRAS PROGRAM WITH FOUR DIFFERENT LARGE ENSEMBLES, SERVING ABOUT 230 STUDENTS IN GRADES 4 THROUGH 12 FROM KANSAS AND NORTHERN OKLAHOMA; AND A CAREER TRAINING OPPORTUNITY FOR QUALIFIED WICHITA STATE GRADUATE MUSIC STUDENTS TO PERFORM IN THE PROFESSIONAL WICHITA SYMPHONY WHILE EARNING THEIR MASTERS DEGREE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Supinie Chair | OfficerTrustee | 1 | $0 |
Ebony Clemons Co-Vice Chair | OfficerTrustee | 1 | $0 |
Jennifer Jones Co-Vice Chair | OfficerTrustee | 1 | $0 |
Kathryn Webb Secretary | OfficerTrustee | 1 | $0 |
Jerry Juhnke Treasurer | OfficerTrustee | 1 | $0 |
Roger Eastwood Immediate Past Chair | OfficerTrustee | 1 | $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 | $2,107,711 |
| Noncash contributions included in lines 1a–1f | $765 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,107,711 |
| Total Program Service Revenue | $900,261 |
| Investment income | $159,897 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $48,570 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,217,339 |
| 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. | $116,352 |
| Compensation of current officers, directors, key employees. | $58,176 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,023,363 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,221 |
| Payroll taxes | $34,391 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $109,926 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $413,969 |
| Advertising and promotion | $249,333 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,233 |
| Travel | $83,447 |
| 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 | $1,876 |
| Insurance | $34,948 |
| All other expenses | $133,968 |
| Total functional expenses | $2,479,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,140,611 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $64,930 |
| Net Land, buildings, and equipment | $4,506 |
| Investments—publicly traded securities | $8,151,210 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $545,221 |
| Total assets | $9,906,478 |
| Accounts payable and accrued expenses | $103,254 |
| Grants payable | $0 |
| Deferred revenue | $315,066 |
| 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 | $33,603 |
| Other liabilities | $84,916 |
| Total liabilities | $536,839 |
| Net assets without donor restrictions | $3,651,388 |
| Net assets with donor restrictions | $5,718,251 |
| 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 | $9,906,478 |