East Texas Symphony Orchestra
- Assets
- $4.2m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Tyler, TX
- Founding
- 02/1960
- Data as of
- 05/2022
- EIN
- 75-6013387
Organization Overview
East Texas Symphony Orchestra is located in Tyler, TX. The organization was established in 1960. 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, East Texas Symphony Orchestra employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Texas Symphony Orchestra 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, East Texas Symphony Orchestra generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $981.9k during the year ending 05/2022. 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
PROVIDING THE HIGHEST POSSIBLE QUALITY OF SYMPHONIC ENTERTAINMENT THROUGH THE PRESENTATION OF CLASSICAL AND CONTEMPORARY MUSIC IN DIVERSE SETTINGS. EDUCATING, ENRICHING AND ENLIGHTENING AUDIENCES, INDIVIDUALS, ORGANIZATIONS, AND GROUPS ABOUT CLASSICAL AND CONTEMPORARY MUSIC. PROVIDING A DIVERSE MUSICAL FABRIC TO EAST TEXANS THROUGH THE COMMISSIONING OF COMPOSITIONS, RECORDING PERFORMANCES AND PRESENTATION OF A VARIETY OF MUSICAL WORKS AND MUSICIANS. BECOMING A PREMIER ORCHESTRA ASSOCIATION WITHIN OUR AMERICAN SYMPHONY ORCHESTRA LEAGUE PEER GROUP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE EAST TEXAS SYMPHONY ORCHESTRA IS TO ENGAGE AND INSPIRE OUR COMMUNITY THROUGH EXCEPTIONAL MUSIC EDUCATION AND PERFORMANCE. THE 2022-2023 SEASON SAW CONTINUED GROWTH IN ACTIVITIES, FOLLOWING THE RESTRICTION OF COVID-19 PANDEMIC. ACTIVITIES INCLUDED THE FOLLOWING:A. PERFORMANCE THE ETSO OF THE FULL FIVE-CONCERT SUBSCRIPTION SERIES AT THE UT TYLER COWAN CENTER, SERVING A CUMMULATIVE AUDIENCE OF APPROXIMATELY 3,500 PEOPLE.B. CONTINUATION OF ANNUAL ETSO/CARNEGIE HALL EDUCATION PROGRAM LINK UP, CULMINATING IN FOUR PARTICAPATORY CONCERTS PRESENTED AT TYLER HIGH SCHOOL AND SERVING OVER 3,000 4TH- AND 5TH-GRADE STUDENTS FROM TYLER AND SURROUNDING COMMUNITIES.C. PRESENTATION OF THE SECOND ANNUAL LABOR DAY WEEKEND SYMPHONY IN THE PARK AT BERGFELD PARK IN TYLER, TX. THIS FREE FAMILY CONCERT WAS OFFERED IN PARTNERSHIP WITH THE CITY OF TYLER AND DREW AN AUDIENCE OF OVER 1,700 RESIDENTS.D. PRESENTATION IN JUNE OF 2022 OF A TEXAS TRIBUTE, CELEBRATING 50 YEARS OF THE TV SERIES TEXAS COUNTRY REPORTER. ETSO WAS THE ONLY EAST TEXAS STOP FOR THIS STATE-WIDE TOUR. THE CONCERT WAS PRESENTED IN COLLABORATION WITH TYLER JUNIOR COLLEGE IN ITS NEW ROGERS PALMER PERFORMING ARTS CENTER. TWO PERFORMANCES WERE PRESENTED, SERVING APPROXIMATELY 1500 PATRONS. E. ETSO CONTINUED ITS FREE SUMMER FREE SMALL ENSEMBLE PROGRAMS AT TRUE VINE BREWING CO, INCLUDING PROGRAMS FOCUSING ON LATIN BEATS AND JAZZ. THE PROGRAMS DREW A CUMMULATIVE AUDIENCE OF APPROXIMATELY 500.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annette Findley Director | Trustee | 1 | $0 |
Dr Rachel Devaney Director | Trustee | 1 | $0 |
Cameron Cooper Director | Trustee | 1 | $0 |
Dr Dm Edwards Board Chair | OfficerTrustee | 1 | $0 |
Betty Bower Vice Chair | OfficerTrustee | 1 | $0 |
Stratton Hibbs Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $76,458 |
| Government grants | $108,437 |
| All other contributions, gifts, grants, and similar amounts not included above | $765,257 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $950,152 |
| Total Program Service Revenue | $246,276 |
| Investment income | $562 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,273,295 |
| 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 | $269,667 |
| Pension plan accruals and contributions | $1,560 |
| Other employee benefits | $14,388 |
| Payroll taxes | $25,438 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,945 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,338 |
| Interest | $1,300 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,335 |
| Insurance | $8,176 |
| All other expenses | $135,517 |
| Total functional expenses | $981,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,887 |
| Savings and temporary cash investments | $436,959 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $111,753 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $76,458 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,098 |
| Net Land, buildings, and equipment | $14,292 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,397,962 |
| Total assets | $4,162,409 |
| Accounts payable and accrued expenses | $7,716 |
| Grants payable | $0 |
| Deferred revenue | $975 |
| 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 | $0 |
| Total liabilities | $8,691 |
| Net assets without donor restrictions | $703,756 |
| Net assets with donor restrictions | $3,449,962 |
| 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 | $4,162,409 |