El Paso Symphony Orchestra Assn is located in El Paso, TX. The organization was established in 1938. 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 04/2022, El Paso Symphony Orchestra Assn employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. El Paso Symphony Orchestra Assn 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 04/2022, El Paso Symphony Orchestra Assn generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.5m during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SYMPHONY ORCHESTRA PERFORMANCES
Describe the Organization's Program Activity:
CLASSICAL PERFORMANCE
SPECIAL PERFORMANCE
EDUCATION AND OUTREACH
GRANT TO EPSOA FOUNDATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ruth Ellen Jacobson Epsoa - Executive Director | Officer | 40 | $98,260 |
Andres Sandoval Epsoa - VP Artistic Advisement | OfficerTrustee | 2 | $0 |
Max Villaronga Epsoa - VP Finance Development | OfficerTrustee | 2 | $0 |
Victoria Panetta Epsoa - Secretary | OfficerTrustee | 2 | $0 |
Joann Longoria Epsoa - VP Marketing | OfficerTrustee | 2 | $0 |
Marise Textor Epsoa - Chairman-Elect | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $215,358 |
All other contributions, gifts, grants, and similar amounts not included above | $786,882 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,002,240 |
Total Program Service Revenue | $413,976 |
Investment income | $49 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $102,224 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,540,640 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $161,244 |
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. | $98,860 |
Compensation of current officers, directors, key employees. | $4,943 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $813,999 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $29,741 |
Advertising and promotion | $28,397 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $103,574 |
Travel | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,483,841 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $743,758 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $284,921 |
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 | $8,688 |
Net Land, buildings, and equipment | $37,126 |
Investments—publicly traded securities | $328,383 |
Investments—other securities | $460,757 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $13,951 |
Total assets | $1,877,584 |
Accounts payable and accrued expenses | $93,294 |
Grants payable | $0 |
Deferred revenue | $229,772 |
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 | $0 |
Other liabilities | $464,187 |
Total liabilities | $787,253 |
Net assets without donor restrictions | $550,441 |
Net assets with donor restrictions | $539,890 |
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 | $1,877,584 |
Over the last fiscal year, we have identified 15 grants that El Paso Symphony Orchestra Assn has recieved totaling $323,667.
Awarding Organization | Amount |
---|---|
El Paso Community Foundation El Paso, TX PURPOSE: Music education and outreach | $94,688 |
Huthsteiner Fine Arts Trust El Paso, TX PURPOSE: GENERAL SUPPORT, EP YOUTH SYMPHONY, EDUCATION & OUTREACH, TOCANDO PROGRAM | $64,000 |
The Hunt Family Foundation El Paso, TX PURPOSE: PROVIDES ARTISTIC OPERATIONAL SUPPORT ALONG WITH EDUCATIONAL AND OUTREACH PROGRAMS | $35,000 |
Stewart Family Charitable Foundation El Paso, TX PURPOSE: PROMOTE THE ARTS IN EL PASO | $25,000 |
Moody Foundation Galveston, TX PURPOSE: SYMPHONY ORCHESTRA 90TH ANNIVERSARY SEASON | $25,000 |
Paso Del Norte Community Foundation El Paso, TX PURPOSE: Donor Advised Grant | $20,250 |
Beg. Balance | $460,758 |
Ending Balance | $460,758 |
Organization Name | Assets | Revenue |
---|---|---|
Fort Worth Symphony Orchestra Association Inc Fort Worth, TX | $39,389,813 | $15,284,563 |
Oklahoma Philharmonic Society Inc Oklahoma City, OK | $16,602,843 | $6,401,721 |
Austin Symphony Orchestra Society Austin, TX | $7,592,727 | $4,195,926 |
Louisiana Philharmonic Orchestra New Orleans, LA | $3,918,513 | $4,011,115 |
Tulsa Symphony Orchestra Inc Tulsa, OK | $3,114,616 | $2,041,644 |
Amarillo Symphony Inc Amarillo, TX | $5,802,759 | $2,592,502 |
The Arkansas Symphony Orchestra Society Inc Little Rock, AR | $14,211,799 | $5,063,125 |
Symphony Society Of San Antonio San Antonio, TX | $0 | $201,376 |
New Mexico Philharmonic Inc Albuquerque, NM | $458,933 | $1,791,722 |
Youth Orchestras Of San Antonio San Antonio, TX | $968,250 | $1,461,155 |
El Paso Symphony Orchestra Assn El Paso, TX | $1,877,584 | $1,540,640 |
River Oaks Chamber Orchestra Houston, TX | $650,565 | $1,492,663 |