New West Symphony Association
- Assets
- $763.5k
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 171
- Location
- Thousand Oaks, CA
- Founding
- 01/1996
- Data as of
- 08/2023
- EIN
- 77-0406042
Organization Overview
New West Symphony Association is located in Thousand Oaks, CA. The organization was established in 1996. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, New West Symphony Association employed 171 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New West 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 08/2023, New West Symphony Association generated $2.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $2.9m during the year ending 08/2023. While expenses have increased by 4.0% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NEW WEST SYMPHONY INSPIRES PASSION FOR SYMPHONIC MUSIC THROUGH LIVE PERFORMANCES AND EDUCATION INITIATIVES THAT ENGAGE AND ENRICH ITS DIVERSE AUDIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC CONCERTS - PRESENTED IN PERSON
MUSIC CONCERTS - PRESENTED IN PERSON
LABY HARMONY PROJECT - MUSIC EDUCATION PROGRAM FOR UNDERSERVED YOUTH
LABY HARMONY PROJECT - MUSIC EDUCATION PROGRAM FOR UNDERSERVED YOUTH
COMMUNITY EVENTS - PROGRAMS FOR STUDENTS AND COMMUNITY
COMMUNITY EVENTS - PROGRAMS FOR STUDENTS AND COMMUNITY
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 |
|---|---|---|---|
Natalia Staneva CEO | Trustee | 40 | $139,998 |
Paul Finkel MD Chair | OfficerTrustee | 5 | $0 |
Samuel Bruttomesso MD Secretary | OfficerTrustee | 5 | $0 |
Harry Croner Treasurer | OfficerTrustee | 5 | $0 |
Claudia Bill-De La Pena Chair-Elect | OfficerTrustee | 2 | $0 |
Nancy Israel Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,929,757 |
| Noncash contributions included in lines 1a–1f | $88,121 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,929,757 |
| Total Program Service Revenue | $474,735 |
| Investment income | $28,011 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$32,683 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,583,184 |
| 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 | $1,235,016 |
| Pension plan accruals and contributions | $44,829 |
| Other employee benefits | $0 |
| Payroll taxes | $111,111 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,015 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,619 |
| Fees for services: Other | $52,707 |
| Advertising and promotion | $322,006 |
| Office expenses | $21,214 |
| Information technology | $25,689 |
| Royalties | $0 |
| Occupancy | $96,511 |
| Travel | $36,278 |
| 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 | $5,916 |
| Insurance | $67,211 |
| All other expenses | $59,635 |
| Total functional expenses | $2,918,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,882 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $251,500 |
| 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 | $11,452 |
| Net Land, buildings, and equipment | $8,931 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $421,742 |
| Total assets | $763,507 |
| Accounts payable and accrued expenses | $299,710 |
| Grants payable | $0 |
| Deferred revenue | $326,867 |
| 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 | $389,988 |
| Unsecured mortgages and notes payable | $15,000 |
| Other liabilities | $0 |
| Total liabilities | $1,031,565 |
| Net assets without donor restrictions | -$861,071 |
| Net assets with donor restrictions | $593,013 |
| 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 | $763,507 |