American Balalaika Symphony Inc
- Assets
- $19.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakton, VA
- Founding
- 04/2002
- Data as of
- 12/2022
- EIN
- 54-2049579
Organization Overview
American Balalaika Symphony Inc is located in Oakton, VA. The organization was established in 2002. 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. American Balalaika Symphony 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 12/2022, American Balalaika Symphony Inc generated $7.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (70.0%) each year. All expenses for the organization totaled $24.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ORCHESTRAL MUSIC PROGRAMS: THE ABS HAS PRODUCED 3 MUSIC RECORDING SESSIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Mastri Marketing Director | 1 | $0 | |
Peter Trofimenko Artistic Director | 10 | $0 | |
Terri Lukach Pr Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $866 |
| Other expenses | $23,359 |
| Total expenses | $24,225 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,322 |
| Other assets | $0 |
| Total assets | $19,322 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,322 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Balalaika Symphony Inc has recieved totaling $175,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $175,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
Virginia Symphony Orchestra Norfolk, VA | $5,267,903 | $8,191,490 |
Richmond Symphony Richmond, VA | $2,392,826 | $8,372,945 |
Knoxville Symphony Society Inc Knoxville, TN | $1,484,079 | $3,960,669 |
Memphis Symphony Orchestra Inc Memphis, TN | $6,274,797 | $4,582,397 |
Greensboro Symphony Orchestra Incorporated Greensboro, NC | $1,104,196 | $3,569,093 |
National Philharmonic Orchestra & Chorale Of Mongomery County Inc North Bethesda, MD | $1,849,727 | $2,888,620 |
Winston Salem Symphony Assoc Winstonsalem, NC | $6,175,789 | $3,471,563 |
West Virginia Symphony Orchestra Inc Charleston, WV | $1,691,632 | $2,378,375 |
Chattanooga Symphony And Opera Association Chattanooga, TN | $2,736,698 | $2,680,505 |
Annapolis Symphony Orchestra Association Inc Annapolis, MD | $7,107,921 | $5,168,158 |
Wheeling Symphony Society Inc Wheeling, WV | $3,618,630 | $1,903,056 |