Punta Gorda Symphony Inc
- Assets
- $722.6k
- Revenue
- $588.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Punta Gorda, FL
- Founding
- 11/1980
- Data as of
- 04/2021
- EIN
- 59-2029342
Organization Overview
Punta Gorda Symphony Inc is located in Punta Gorda, FL. 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. As of 04/2021, Punta Gorda Symphony Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Punta Gorda 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 04/2021, Punta Gorda Symphony Inc generated $588.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $463.0k during the year ending 04/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A QUALITY REGIONAL ORCHESTRA, SERVING THE COMMUNITY WITH SYMPHONIC MUSIC, A VALUABLE PART OF CULTURAL GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2020-2021 SEASON ENDING APRIL 30, 2021, THERE WERE FOUR (4) CONCERTS. TWO (2) ORCHESTRA CONCERTS HAD TOO (2) SHOWINGS EACH, TWO (2) CHAMBER CONCERTS HAD THREE (3) SHOWINGS EACH, FOR A SEASON-LONG TOTAL OF TEN (10) PERFORMANCES.
DURING THE 2020-2021 SEASON ENDING APRIL 30, 2021, THERE WERE FOUR (4) CONCERTS. TWO (2) ORCHESTRA CONCERTS HAD TOO (2) SHOWINGS EACH, TWO (2) CHAMBER CONCERTS HAD THREE (3) SHOWINGS EACH, FOR A SEASON-LONG TOTAL OF TEN (10) PERFORMANCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Shell DO Treasurer | OfficerTrustee | $0 | |
Michael Landsberg President | OfficerTrustee | $0 | |
M Lee Mcgraw Secretary | OfficerTrustee | $0 | |
Lisa Hall Director | Trustee | $0 | |
Van Lupo Director | Trustee | $0 | |
Christopher Constance MD Director | Trustee | $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 | $488,423 |
| Noncash contributions included in lines 1a–1f | $2,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $488,423 |
| Total Program Service Revenue | $81,575 |
| Investment income | $1,920 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,175 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $588,720 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $225,513 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,469 |
| Payroll taxes | $18,186 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Advertising and promotion | $20,925 |
| Office expenses | $9,057 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,039 |
| Travel | $2,978 |
| 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 | $3,056 |
| Insurance | $0 |
| All other expenses | $29,918 |
| Total functional expenses | $463,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204 |
| Savings and temporary cash investments | $672,229 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,755 |
| 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 | $12,608 |
| Net Land, buildings, and equipment | $11,196 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,641 |
| Total assets | $722,633 |
| Accounts payable and accrued expenses | $6,990 |
| Grants payable | $0 |
| Deferred revenue | $127,556 |
| 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 | $240,602 |
| Other liabilities | $0 |
| Total liabilities | $375,148 |
| Net assets without donor restrictions | $345,310 |
| Net assets with donor restrictions | $2,175 |
| 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 | $722,633 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Punta Gorda Symphony Inc has recieved totaling $123,354.
| Awarding Organization | Amount |
|---|---|
Gulf Coast Community Foundation Inc Venice, FL PURPOSE: ARTS & CULTURE | $52,400 |
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT, PROGRAM SUPPORT | $32,879 |
Cornelia T Bailey Charitable Trust West Palm Beach, FL PURPOSE: SCHOOL VISITS FOR INTERACTIVE CONCERT | $25,000 |
Louis T Roth Foundation Inc Louisville, KY PURPOSE: GENERAL OPERATING FUNDS | $10,000 |
Fred & Jean Allegretti Foundation Inc Fort Myers, FL PURPOSE: ARTS & CULTURE | $2,500 |
Hoffer Family Foundation Inc Punta Gorda, FL PURPOSE: FOSTER VIBRANT COMM CONN THRU MUSIC | $500 |
Peer Organizations
| 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 |