Newark Symphony Orchestra Inc
- Assets
- $254.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- 07/1980
- Data as of
- 06/2023
- EIN
- 51-0232073
Organization Overview
Newark Symphony Orchestra Inc is located in Newark, DE. The organization was established in 1980. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newark Symphony Orchestra 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, Newark Symphony Orchestra Inc generated $108.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $108.6k during the year ending 06/2023. While expenses have increased by 2.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Fuhrman President | 8 | $0 | |
Polly Sierer Vice President | 6 | $0 | |
Susan Bartley Treasurer | 4 | $0 | |
Ruthie Toole Secretary | 4 | $0 | |
Bonnie Mcdonald Programming Committee | 4 | $0 | |
Michael Smith Grant Coordinator | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,393 |
| Total Program Service Revenue | $20,730 |
| Membership dues | $0 |
| Investment income | $5,010 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13,795 |
| Total Revenue | $108,928 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,948 |
| Professional fees and other payments to independent contractors | $53,646 |
| Occupancy, rent, utilities, and maintenance | $17,975 |
| Printing, publications, postage, and shipping | $9,873 |
| Other expenses | $12,195 |
| Total expenses | $108,637 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $242,202 |
| Other assets | $0 |
| Total assets | $254,675 |
| Total liabilities | $1,472 |
| Net assets or fund balances | $253,203 |