Gulf Coast Symphony Orchestra Inc
- Assets
- $262.8k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 11
- Location
- Fort Myers, FL
- Founding
- 01/1998
- Data as of
- 06/2022
- EIN
- 65-0666748
Organization Overview
Gulf Coast Symphony Orchestra Inc is located in Fort Myers, FL. The organization was established in 1998. 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 06/2022, Gulf Coast Symphony Orchestra Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulf Coast Symphony 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 06/2022, Gulf Coast Symphony Orchestra Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. While expenses have increased by 10.7% per year over the past 3 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GULF COAST SYMPHONY EXISTS TO CONTRIBUTE TO THE CULTURAL ENRICHMENT OF LEE COUNTY BY PRODUCING AND PERFORMING A BROAD VARIETY OF CONCERTS AND CREATING INNOVATIVE BALANCED PROGRAMS OF PERFORMANCES EVENT COMMUNITY & EDUCATION PROJECT TO REACH THE WIDEST POSSIBLE AUDIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GULF COAST SYMPHONY ENCOURAGES THE GROWTH OF SYMPHONIC MUSIC IN THE GREATER COMMUNITY BY PERFORMING A VARIETY OF CONCERTS EACH YEAR INCLUDING CLASSICAL POPS AND FAMILY EDUCATION CONCERTS. THE GULF COAST SYMPHONY PROVIDES AN OPPORTUNITY FOR AREA MUSICIANS TO PARTICIPATE IN THE ORCHESTRAL EXPERIENCE AT THE VERY HIGHEST LEVELS. THE GULF COAST SYMPHONY HELPS PROMOTE THE CAREERS OF EMERGING ARTISTS BY FEATURING THEM AS SOLOISTS AT OUR CONCERTS AND IN RECITAL. THESE SAME ARTISTS PARTICIPATE IN THE SYMPHONY'S EDUCATION PROGRAMS. WITH FURTHER RELAXING OF COVID RESTRICTIONS WE RESUMED OUR NORMAL SCHEDULE WITH 16 CONCERTS AT THE BARBARA B. MANN PERFORMING ARTS HALL INCLUDING THE NUTCRACKER WITH GULFSHORE BALLET AND DECK THE HALLS WITH THE FORT MYERS SYMPHONIC MASTERSINGERS AND A FULL PRODUCTION OF CABARET. IN ADDITION TO THESE CONCERTS AT BARBARA B. MANN THIS SEASON WAS THE FIRST FULL YEAR OF PROGRAMMING AT OUR MUSIC & ART COMMUNITY CENTER WHICH OPENED IN JANUARY 2021. WE PRESENTING 12 ORCHESTRA CONCERTS 3 MUSICALS FOR 42 PERFORMANCES A JAZZ SERIES 7 SHOWS A CHAMBER MUSIC SERIES 5 SHOWS AND 3 STARS AT THE MACC CABARETS. IN ALL THE GULF COAST SYMPHONY PRESENTED 93 PERFORMANCES THIS SEASON. WE ALSO BEGAN COMMUNITY OUTREACH PRODUCING WITH THE CAPE CORAL CHAMBER OF COMMERCE TASTE OF THE CAPE A CELEBRATION OF LOCAL CULINARY ARTISTS AND MUSIC. WE ALSO RAN OUR FIRST SUMMER CAMP WITH PROGRAMS FOR BEGINNING STRINGS JAZZ ORCHESTRA AND MUSICAL THEATER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew M Kurtz President CEO | OfficerTrustee | 60 | $87,591 |
Iris D Landefeld Director | Trustee | 8 | $0 |
Jay Ducharme Treasurer Of The Board | OfficerTrustee | 1 | $0 |
Reece Nanfito Secretary Of The Board | OfficerTrustee | 1 | $0 |
Matthew Connar Director | Trustee | 1 | $0 |
Kathleen Goeschel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $63,544 |
| Related organizations | $0 |
| Government grants | $418,492 |
| All other contributions, gifts, grants, and similar amounts not included above | $597,445 |
| Noncash contributions included in lines 1a–1f | $178,741 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,079,481 |
| Total Program Service Revenue | $747,848 |
| Investment income | $76 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $53,526 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,880,931 |
| 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 | $399,979 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $79,229 |
| Payroll taxes | $30,062 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $900,671 |
| Advertising and promotion | $181,266 |
| Office expenses | $29,914 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $331,593 |
| Travel | $139,964 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $434 |
| Interest | $7,335 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,164 |
| All other expenses | $0 |
| Total functional expenses | $2,365,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,895 |
| Savings and temporary cash investments | $722 |
| Pledges and grants receivable | $150 |
| Accounts receivable, net | $0 |
| 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 | $1,125 |
| Net Land, buildings, and equipment | $188,930 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,931 |
| Total assets | $262,753 |
| Accounts payable and accrued expenses | $47,818 |
| Grants payable | $0 |
| Deferred revenue | $179,179 |
| 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 | $624,674 |
| Other liabilities | $0 |
| Total liabilities | $851,671 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | -$588,918 |
| Total liabilities and net assets/fund balances | $262,753 |