Valley Symphony Association
- Assets
- $45.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montrose, CO
- Founding
- 03/1979
- Data as of
- 12/2021
- EIN
- 74-2023813
Organization Overview
Valley Symphony Association is located in Montrose, CO. The organization was established in 1979. 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. Valley Symphony Association 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 12/2021, Valley Symphony Association generated $76.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $58.6k during the year ending 12/2021. While expenses have increased by 3.2% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE CONCERTS TO THE COMMUNITIES OF DELTA, MONTROSE, AND OURAY COUNTIES. APPROXIMATELY 2000 ATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Kern Orchestra Director | 16 | $9,433 | |
Debra Tennapel Principal | 8 | $3,667 | |
Katherine Kristoffersen Chorus Director | 10 | $2,400 | |
Hartland Clubb Jr President | 6 | $0 | |
Priscilla Fry Treasurer | 6 | $0 | |
Eunice Acker Secretary | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,972 |
| Total Program Service Revenue | $18,820 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $2,311 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13,103 |
| Total Revenue | $76,208 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,500 |
| Professional fees and other payments to independent contractors | $1,793 |
| Occupancy, rent, utilities, and maintenance | $2,827 |
| Printing, publications, postage, and shipping | $2,125 |
| Other expenses | $36,312 |
| Total expenses | $58,557 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,151 |
| Other assets | $0 |
| Total assets | $45,863 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,863 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Valley Symphony Association has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Western Colorado Community Foundation Inc Grand Junction, CO PURPOSE: ARTS, CULTURE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oklahoma Philharmonic Society Inc Oklahoma City, OK | $16,602,843 | $6,401,721 |
Omaha Symphony Association Omaha, NE | $71,026,158 | $5,852,032 |
Tucson Symphony Society Tucson, AZ | $15,428,177 | $6,501,284 |
Phoenix Symphony Association Phoenix, AZ | $1,368,252 | $4,890,998 |
Tulsa Symphony Orchestra Inc Tulsa, OK | $3,114,616 | $2,041,644 |
New Mexico Philharmonic Inc Albuquerque, NM | $458,933 | $1,791,722 |
Wichita Symphony Society Inc Wichita, KS | $8,512,602 | $2,677,998 |
Colorado Springs Philharmonic Orchestra Colorado Springs, CO | $3,792,415 | $1,751,968 |
Santa Fe Symphony Orchestra & Chorus Inc Santa Fe, NM | $1,008,927 | $1,681,988 |
The Symphony Fund Denver, CO | $76,088,728 | $4,099,144 |
Boulder Philharmonic Orchestra Boulder, CO | $1,166,319 | $1,630,291 |
Lincoln Orchestra Association Lincoln, NE | $428,990 | $1,300,084 |