Music Orlando Inc Endowment Trust Fund
- Assets
- $401.8k
- Revenue
- $22.0k
- Investments
- $374.2k
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 10/1984
- Data as of
- 05/2022
- EIN
- 59-6781257
Organization Overview
Music Orlando Inc Endowment Trust Fund is located in Pennington, NJ. The organization was established in 1984. 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. Music Orlando Inc Endowment Trust Fund 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, Music Orlando Inc Endowment Trust Fund generated $22.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $32.2k during the year ending 05/2022. While expenses have increased by 3.4% 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,551 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,417 |
| Capital Gain Net Income | $11,417 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28 |
| Total Revenue | $21,996 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,282 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $149 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,431 |
| Contributions, gifts, grants paid | $26,770 |
| Total expenses and disbursements | $32,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3 |
| Savings and temporary cash investments | $27,623 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $374,223 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $401,849 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rochester Philharmonic Orchestra Inc Rochester, NY | $20,757,567 | $7,702,051 |
Orpheus Chamber Orchestra Inc New York, NY | $1,908,737 | $3,345,104 |
Musical Associates Of Central New York Inc Syracuse, NY | $3,413,784 | $4,180,183 |
Harrisburg Symphony Association Harrisburg, PA | $13,261,535 | $3,046,479 |
Allentown Symphony Association Inc Allentown, PA | $15,521,853 | $2,408,487 |
Albany Symphony Orchestra Inc Albany, NY | $12,413,747 | $2,273,007 |
Philadelphia Youth Orchestra Philadelphia, PA | $1,696,190 | $1,961,434 |
Princeton Symphony Orchestra Inc Princeton, NJ | $11,470,025 | $3,029,525 |
Reading Symphony Orchestra Assn Reading, PA | $2,131,744 | $1,809,021 |
Empire State Youth Orchestra Scotia, NY | $2,045,485 | $1,515,051 |
Delaware Symphony Association Wilmington, DE | $2,036,217 | $1,506,268 |
New York Youth Symphony Inc New York, NY | $7,744,082 | $1,961,364 |