Florida Orchestra Inc is located in St Petersburg, FL. The organization was established in 1969. 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, Florida Orchestra Inc employed 234 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida 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 06/2021, Florida Orchestra Inc generated $8.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $7.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRE, ENTERTAIN AND EDUCATE A DIVERSE AUDIENCE WITH THE UNIQUE EXPERIENCE OF LIVE SYMPHONIC MUSIC.
Describe the Organization's Program Activity:
CONCERT PERFORMANCES:FOR OVER 50 YEARS, THE FLORIDA ORCHESTRA (TFO) HAS BECOME TAMPA BAY'S LARGEST PERFORMING ARTS ORGANIZATION AND FLORIDA'S LARGEST PROFESSIONAL ORCHESTRA. A TYPICAL TFO CONCERT SEASON ENCOMPASSES THE FULL BREADTH OF SYMPHONIC REPERTOIRE WITH OVER 130 CONCERTS A SEASON FOR MORE THAN 200,000 PEOPLE UNDER THE LEADERSHIP OF MUSIC DIRECTOR, MICHAEL FRANCIS. IN ADDITION TO STANDARD ORCHESTRAL WORKS, TFO PLAYS MUSIC FROM ROCK, POP AND BROADWAY, AND COLLABORATES IN PRODUCTIONS WITH LOCAL THEATER, CHORAL AND OPERA COMPANIES.(CONTINUE ON SCHEDULE O)SERIES INCLUDE: -TAMPA BAY TIMES MASTERWORKS: CORE CONCERT SERIES OF SYMPHONIC STANDARDS FROM BEETHOVEN TO STRAVINSKY. CONCERTS INCLUDE PRE-CONCERT CONVERSATION TO DIVE DEEPER INTO THE MUSIC AND WEEKEND MATINEES FOR SELECT CONCERTS TO INCREASE ACCESSIBILITY.-COFFEE CONCERTS: MORNING MATINEE SERIES OF LIGHT SYMPHONIC FAVORITES, WITH COMPLIMENTARY COFFEE AND DOUGHNUTS AND PRE-CONCERT CONVERSATION. -RAYMOND JAMES POPS: SERIES OF POPULAR STANDARDS FROM BROADWAY TO JAZZ INCLUDING WEEKEND MATINEES FOR SELECT CONCERTS.-SPECIAL CONCERTS: INCLUDING ROCK, FILM AND TFO'S ANNUAL FUNDRAISING GALA CONCERT WITH GUEST ARTISTS SUCH AS YO-YO MA, STING, ITZHAK PERLMAN, AND SEAL.
COMMUNITY ENGAGEMENT:TFO'S EXTENSIVE COMMUNITY ENGAGEMENT ACTIVITIES AND ACCESSIBILITY INITIATIVES MAKE IT POSSIBLE FOR MORE THAN HALF OF THE ORCHESTRA'S ANNUAL TOTAL AUDIENCE TO PARTICIPATE IN ITS SERVICES FREE OF CHARGE. THESE ACTIVITIES FOLLOW OUR COMMITMENT TO EDUCATE AND IMPACT A WIDE RANGE OF COMMUNITY MEMBERS OF ALL AGES, BACKGROUNDS, AND SOCIOECONOMIC MEANS, INCLUDING BUT NOT LIMITED TO: (CONTINUE ON SCHEDULE O)-CLASSICAL KIDS: OFFERS FREE MASTERWORKS TICKETS TO PATRONS AGES 5-18, AS WELL AS PROGRAM NOTES WRITTEN SPECIFICALLY FOR CHILDREN. THIS PROGRAM IS THE FIRST OF ITS KIND IN THE NATION AND IS DESIGNED TO PROMOTE ATTENDANCE BY FAMILIES AND CULTIVATE AN EARLY APPRECIATION OF LIVE SYMPHONIC MUSIC AMONG CHILDREN AND YOUTH.-YOUTH CONCERTS: TFO ENHANCED ITS YOUTH CONCERT PROGRAMMING BY IMPLEMENTING LINK UP, A PARTICIPATORY MUSIC CURRICULUM DEVELOPED BY CARNEGIE HALL'S WEILL MUSIC THAT CULMINATES IN A SERIES OF INTERACTIVE CONCERTS IN WHICH THE STUDENTS PERFORM ALONG WITH TFO.-FAMILY CONCERTS: THROUGH ITS PAY-WHAT-YOU-CAN, COMMUNITY-BASED FAMILY CONCERTS, TFO OFFERS INFORMAL CHAMBER MUSIC PERFORMANCES THAT PROVIDE SHARED MUSIC ENRICHMENT AND EDUCATIONAL OPPORTUNITIES FOR FAMILIES WITH CHILDREN IN GRADES PRE-K-2.-SING OUT! TAMPA BAY: THIS FREE EVENT INVITES UP TO 250 TAMPA BAY RESIDENTS OF ALL AGES AND MUSICAL SKILL LEVELS TO SING ONSTAGE WITH THE ORCHESTRA AS MEMBERS OF THE TFO COMMUNITY CHORUS.-WOODSON CHAMBER CONCERTS: TFO HAS PARTNERED WITH THE DR. CARTER G. WOODSON AFRICAN AMERICAN MUSEUM TO PRESENT A CHAMBER MUSIC CONCERT SERIES ONE SUNDAY PER MONTH. ALL PROCEEDS FROM THE WOODSON CHAMBER CONCERT SERIES WILL BENEFIT THE MUSEUM DIRECTLY IN ORDER TO ENABLE THE MUSEUM TO FURTHER DEVELOP ITS INFRASTRUCTURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Mark Cantrell President & CEO | Officer | 40 | $186,316 |
Jeffrey Multer Concertmaster | 40 | $124,828 | |
Sherry Powell Chief Marketing Officer | 40 | $105,406 | |
Paula Moore Director Of Finance | Officer | 40 | $33,844 |
Deborah Mccarthy CFO | Officer | 40 | $24,886 |
Gregory Yadley Chair | OfficerTrustee | 7 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Columbia Artists Management Llc Talent Management Agency | 6/29/20 | $343,067 |
Greenberg Artists Talent Management Agency | 6/29/20 | $224,000 |
Tout Le Monde Touring Inc Talent Management Agency | 6/29/20 | $102,200 |
Columbia Artists Management Llc Talent Management Agency | 6/29/20 | $343,067 |
Tout Le Monde Touring Inc Talent Management Agency | 6/29/20 | $102,200 |
Greenberg Artists Talent Management Agency | 6/29/20 | $224,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,275,909 |
All other contributions, gifts, grants, and similar amounts not included above | $4,403,755 |
Noncash contributions included in lines 1a–1f | $304,668 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,679,664 |
Total Program Service Revenue | $940,167 |
Investment income | $196,410 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $476,547 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,292,788 |
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. | $293,741 |
Compensation of current officers, directors, key employees. | $169,951 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,908,070 |
Pension plan accruals and contributions | $195,245 |
Other employee benefits | $626,234 |
Payroll taxes | $354,594 |
Fees for services: Management | $0 |
Fees for services: Legal | $13,947 |
Fees for services: Accounting | $72,649 |
Fees for services: Lobbying | $58,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $61,032 |
Fees for services: Other | $910,249 |
Advertising and promotion | $178,461 |
Office expenses | $281,302 |
Information technology | $40,374 |
Royalties | $0 |
Occupancy | $525,267 |
Travel | $43,503 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,073 |
Interest | $3,595 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,731 |
Insurance | $130,565 |
All other expenses | $7,334 |
Total functional expenses | $7,826,283 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,689,743 |
Savings and temporary cash investments | $15,000 |
Pledges and grants receivable | $150,778 |
Accounts receivable, net | $45,236 |
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 | $2,115 |
Net Land, buildings, and equipment | $63,404 |
Investments—publicly traded securities | $11,189,340 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,666,283 |
Total assets | $17,821,899 |
Accounts payable and accrued expenses | $198,960 |
Grants payable | $0 |
Deferred revenue | $1,470,428 |
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 | $38,697 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $8,900 |
Total liabilities | $1,716,985 |
Net assets without donor restrictions | $1,430,453 |
Net assets with donor restrictions | $14,674,461 |
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 | $17,821,899 |
Over the last fiscal year, we have identified 1 grants that Florida Orchestra Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Margie Joy Foundation Inc Tampa, FL PURPOSE: SUPPORT ORCHESTRA, MUSIC EDUCATION AND OUTREACH PROGRAMS | $5,000 |
Beg. Balance | $11,314,914 |
Earnings | $3,939,017 |
Net Contributions | $89,457 |
Other Expense | $657,768 |
Ending Balance | $14,685,620 |
Organization Name | Assets | Revenue |
---|---|---|
Jacksonville Symphony Association Jacksonville, FL | $14,561,376 | $11,991,040 |
Florida Orchestra Inc St Petersburg, FL | $17,821,899 | $8,292,788 |
Florida West Coast Symphony Inc Sarasota, FL | $33,277,421 | $26,320,822 |
The Orlando Philharmonic Orchestra Inc Orlando, FL | $6,944,219 | $4,632,792 |
Alabama Symphonic Association Inc Birmingham, AL | $2,772,905 | $5,743,069 |
The Palm Beach Symphony Society Inc West Palm Beach, FL | $3,120,506 | $3,215,175 |
Augusta Symphony Inc Augusta, GA | $19,725,932 | $3,708,047 |
Mobile Symphony Inc Mobile, AL | $1,270,022 | $2,012,590 |
Ocala Symphony Orchestra Inc Ocala, FL | $5,499,997 | $3,987,306 |
Venice Symphony Inc Venice, FL | $3,987,388 | $2,493,315 |
All Florida Youth Orchestra Hollywood, FL | $1,150,725 | $1,869,716 |
Huntsville Symphony Orchestra Association Huntsville, AL | $930,453 | $1,719,039 |