Dallas Symphony Association Inc
- Assets
- $26.5m
- Revenue
- $29.7m
- Investments
- $0.0
- Employees
- 573
- Location
- Dallas, TX
- Founding
- 12/1967
- Data as of
- 05/2021
- EIN
- 75-0705442
Organization Overview
Dallas Symphony Association Inc is located in Dallas, TX. The organization was established in 1967. 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 05/2023, Dallas Symphony Association Inc employed 573 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Symphony Association 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 05/2021, Dallas Symphony Association Inc generated $29.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $32.8m during the year ending 05/2021. 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 INSPIRE AND CHANGE LIVES THROUGH MUSICAL EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DALLAS SYMPHONY ORCHESTRA'S MISSION STATEMENT IS TO INSPIRE AND CHANGE LIVES THROUGH MUSICAL EXCELLENCE. IT STRIVES TO BE A KEY CATALYST IN MAKING DALLAS A WORLD-CLASS CITY AND MAJOR CULTURAL CENTER WITH THE DSO AS A LANDMARK. THE DSO IS RANKED AMONG THE TOP AMERICAN ORCHESTRAS. THE CLASSICAL SERIES, POPS SERIES AND NUMEROUS EVENTS HIGHLIGHTING DIVERSITY IN THE CITY, ALONG WITH YOUTH CONCERTS, NUMBER OVER 165 PERFORMANCES EACH YEAR. AS A COMMUNITY PARTNER, THE DALLAS SYMPHONY ORCHESTRA SPONSORS THE FOLLOWING PROGRAMS: COMMUNITY CONNECTIONS (FREE TICKETS DISTRIBUTED BY SOCIAL SERVICE AGENCIES), YOUTH STRINGS (PROVIDES FREE INSTRUMENTS AND MUSIC LESSONS TO STUDENTS), YOUNG MUSICIANS (PROVIDES FREE INSTRUMENTS AND LESSONS FOR STUDENTS AT DALLAS ISD SITES ACROSS SOUTHERN DALLAS), SYMPHONY YES (PROVIDES MUSICIAN ENSEMBLES TO PERFORM IN AREA SCHOOLS), DSO KIDS (EDUCATIONAL WEBSITE FOR CHILDREN AND TEACHERS), AND MY DSO CONCERT (FREE CONCERT FOR ADULTS AND CHILDREN WITH AUTISM AND DEVELOPMENTAL DISABILITIES). THE DALLAS SYMPHONY ORCHESTRA IS A COMMUNITY OF PASSIONATE MUSIC LOVERS MAKING MORE MUSIC LOVERS.
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 |
|---|---|---|---|
Kim Noltemy President & CEO | Officer | 40 | $747,534 |
Alex Kerr Musician | 30 | $429,017 | |
Scott Walzel Musician/cons. For Comm.dev. | 40 | $300,790 | |
Andrew Cameron CFO | Officer | 40 | $237,457 |
Debra Pena Chief Administrative Officer | Officer | 40 | $223,646 |
James Leffler VP Of Development | Officer | 40 | $206,017 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fabio Luisi Music Production | 5/30/23 | $1,441,894 |
Opus 3 Artists Llc Music Production | 5/30/23 | $254,000 |
William Morris Agency Llc Music Production | 5/30/23 | $175,000 |
Todd Event Design Event Design | 5/30/23 | $157,490 |
Fas Arts Management Inc Music Production | 5/30/23 | $142,891 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,264,036 |
| Investment income | $2,477 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $81,834 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $277,957 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,153 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,712,170 |
| Statement of Expenses | |
|---|---|
| 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. | $2,811,884 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,271,068 |
| Pension plan accruals and contributions | $1,434,870 |
| Other employee benefits | $3,120,691 |
| Payroll taxes | -$1,192,808 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $160,932 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $180,570 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $277,996 |
| Office expenses | $308,208 |
| Information technology | $468,857 |
| Royalties | $108,972 |
| Occupancy | $2,298,968 |
| Travel | $182,162 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,662 |
| Interest | $100,110 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $367,438 |
| Insurance | $299,934 |
| All other expenses | $0 |
| Total functional expenses | $32,773,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,367,715 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,034,343 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $48,382 |
| Prepaid expenses and deferred charges | $943,301 |
| Investments—publicly traded securities | $9,351,414 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,513,367 |
| Accounts payable and accrued expenses | $4,212,480 |
| Grants payable | $0 |
| Deferred revenue | $3,274,436 |
| 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 | $9,144,555 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,704,692 |
| Total liabilities | $19,336,163 |
| 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 |
| Total liabilities and net assets/fund balances | $7,177,204 |