Greensboro Symphony Orchestra Incorporated

Organization Overview

Greensboro Symphony Orchestra Incorporated is located in Greensboro, NC. The organization was established in 1964. 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 05/2022, Greensboro Symphony Orchestra Incorporated employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greensboro Symphony Orchestra Incorporated 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 05/2022, Greensboro Symphony Orchestra Incorporated generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $3.5m during the year ending 05/2022. While expenses have increased by 12.3% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE GREENSBORO SYMPHONY ORCHESTRA, INC. IS TO ENRICH THE CULTURAL LIFE OF GREENSBORO, NC AND SURROUNDING AREAS THROUGH THE DEVELOPMENT, PRODUCTION, AND PROMOTION OF THE HIGHEST QUALITY MUSIC AND MUSIC EDUCATION PROGRAMS.

Describe the Organization's Program Activity:

THE GREENSBORO SYMPHONY ORCHESTRA PRESENTS 6 CLASSICAL CONCERTS WITH OUTSTANDING, WORLD-RENOWNED GUEST ARTISTS, 6 POPS CONCERTS WHICH FEATURE POPULAR GROUPS AND SOLOISTS, A COMMUNITY GOSPEL CONCERT WITH A COMMUNITY CHOIR AND SPECIAL ARTISTS, (RECENTLY STING) AT THE NEW STEVEN TANGER CENTER FOR THE PERFORMING ARTS IN DOWNTOWN GREENSBORO. OTHER PROGRAMS INCLUDE 5 CHAMBER CONCERTS AT UNCG AND ANNUAL HOLIDAY CONCERTS, FREE TO THE COMMUNITY, WHICH SERVE AS A BENEFIT CONCERT FOR THE SALVATION ARMY AT THE GREENSBORO COLISEUM AND WILLIAMS HIGH SCHOOL IN BURLINGTON.


THE GSO BOASTS ONE OF THE LARGEST SUITES OF MUSIC EDUCATION PROGRAMS AMONG SOUTHEASTERN ORCHESTRAS. PROGRAM HIGHLIGHTS FOLLOW: ORKIDSTRA INCLUDES MUSIC CLASSES AND CHAMBER CONCERTS FOR 4-YEAR-OLDS IN HEAD START ACROSS FOUR COUNTIES; THE LILLIAN RAUCH BEGINNING STRINGS PROGRAM, IN COLLABORATION WITH UNCG, PROVIDES INSTRUMENTS AND INSTRUCTION FREE OF CHARGE TO STUDENTS AT PECK AND CONE ELEMENTARY SCHOOLS; THE GREENSBORO SYMPHONY YOUTH ORCHESTRA, COMPRISED OF THREE ENSEMBLES- YOUTH ORCHESTRA, YOUTH PHILHARMONIC, AND YOUTH STRINGS, PROVIDES A PROFESSIONALLY DIRECTED ENVIRONMENT FOR YOUNG MUSICIANS TO STUDY, PREPARE, AND PERFORM MUSIC; GSO SMALL ENSEMBLES GIVE IN-SCHOOL PERFORMANCES FOR EVERY GUILFORD COUNTY SCHOOLS (GCS) 3RD, 4TH, AND 5TH GRADER AND FULL ORCHESTRAL CONCERTS FOR ALL GCS 3RD, 4TH, AND 7TH GRADERS AT THE TANGER CENTER; CARINGSOUND PROVIDES MUSICIAN VISITS TO PEDIATRIC PATIENTS AND FAMILIES AT CONE HOSPITAL AND IS EXPANDING TO THE MEMORY CARE UNIT.


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Board, Officers & Key Employees

Name (title)Compensation
Dmitry Sitkovetsky
Music Director
$119,540
Lisa Crawford
President And CEO
$102,093
Doug Boike
Chairman
$0
Myrna Carlock
Secretary
$0
Mary Ingram
VP Education
$0
Ryan Homer
Assistant Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$250,300
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$710,877
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$961,177
Total Program Service Revenue$2,443,667
Investment income $1,995
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 $3,569,093

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Greensboro Symphony Orchestra Incorporated has recieved totaling $96,624.

Awarding OrganizationAmount
Community Foundation Of Greater Greensboro Inc

Greensboro, NC

PURPOSE: GENERAL SUPPORT

$24,225
Lincoln Financial Foundation Inc

Radnor, PA

PURPOSE: ARTS PROGRAMS

$21,000
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$16,265
Tannenbaum-Sternberger Foundation Inc

Greensboro, NC

PURPOSE: GRANTS

$15,000
The Cemala Foundation Inc

Greensboro, NC

PURPOSE: GENERAL OPERATING SUPPORT

$12,500
Anonymous Fund

Greensboro, NC

PURPOSE: ANNUAL FUND

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,731,812
Earnings-$201,216
Admin Expense$41,472
Net Contributions$83,264
Grants$234,500
Ending Balance$5,337,888

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