Bozeman Symphony Society
- Assets
- $887.2k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 180
- Location
- Bozeman, MT
- Founding
- 05/1968
- Data as of
- 06/2024
- EIN
- 81-6019534
Organization Overview
Bozeman Symphony Society is located in Bozeman, MT. The organization was established in 1968. 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 06/2024, Bozeman Symphony Society employed 180 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bozeman Symphony Society 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 06/2024, Bozeman Symphony Society generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $2.2m during the year ending 06/2024. While expenses have increased by 12.6% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE BOZEMAN SYMPHONY PRESENTS A REPERTOIRE OF SYMPHONIC AND CHORAL MUSIC PERFORMED FOR THE BENEFIT OF INDIVIDUALS, STUDENTS AND MUSICIANS RESIDING IN SOUTH-CENTRAL MONTANA. IN ADDITION TO A WIDE VARIETY OF PROGRAMMING, THE BOZEMAN SYMPHONY SUPPORTS EDUCATIONAL PROGRAMS AND COMMUNITY OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BOZEMAN SYMPHONYS MISSION IS TO ENGAGE, UNITE, AND UPLIFT THE HUMAN EXPERIENCE IN MONTANA THROUGH MUSIC AND THE ARTS. WE PRESENT A REPERTOIRE OF HIGH-QUALITY SYMPHONIC AND CHORAL MUSIC WITH GUEST ARTISTS FROM AROUND THE WORLD, AND WE ARE ONEOF THE AREAS MOST HIGHLY REGARDED PERFORMING ARTS ORGANIZATIONS. WE HAVE A VISION FOR MUSIC TO PLAY AN ACTIVE AND INTEGRAL PART IN THE DAILY FABRIC OF LIFE FOR THE PEOPLE OF MONTANA, AND OUR CONCERTS AND COMMUNITY PROGRAMS ARE REPRESENTATIVE OF MAKING THAT VISION A REALITY. EACH SEASON INCLUDES A CLASSICAL CONCERT SERIES; A POPULAR MUSIC SERIES CALLED BOZEMAN SYMPHONY PRESENTS, IN ADDITION TO OUR FREE STUDENT AND FAMILY CONCERTS. WE ALSO SHARE THE POWER OF MUSIC THROUGH COMMUNITY OUTREACH PERFORMANCES INCLUDING A FAR AFIELD PROGRAM ADDRESSING MUSICAL ACCESS AND SOCIAL ISOLATION; AN EDUCATION SERIES THAT INCLUDES OUR SYMPHONY STORYTIMES AND KINDERKONZERTS FOR YOUTH; AND A JOY SERIES IN COOPERATION WITH LOCAL HEALTH CARE PROVIDERS TO ADDRESS MEMORY ISSUES AND STRESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Blaser Executive Dir. | Officer | 40 | $116,212 |
Emily Paris-Martin Past Exec Dir | Officer | 40 | $87,794 |
Skye Raiser Director | Trustee | 1 | $0 |
Stephen Schachman Chair Emeritus | Trustee | 1 | $0 |
Ben Phinney Chair | OfficerTrustee | 1 | $0 |
Gary Kachadurian Director | Trustee | 1 | $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 | $1,165,431 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,165,431 |
| Total Program Service Revenue | $903,497 |
| Investment income | $18,482 |
| 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 | $2,087,410 |
| 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. | $127,823 |
| Compensation of current officers, directors, key employees. | $127,823 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,100,390 |
| Pension plan accruals and contributions | $10,828 |
| Other employee benefits | $67,029 |
| Payroll taxes | $90,100 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $325 |
| Fees for services: Accounting | $15,214 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $146,894 |
| Advertising and promotion | $86,732 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $104,041 |
| Travel | $127,901 |
| 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 | $2,494 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,242,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $275,496 |
| Savings and temporary cash investments | $5,269 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,410 |
| 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 | $5,634 |
| Net Land, buildings, and equipment | $19,443 |
| Investments—publicly traded securities | $410,163 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $161,797 |
| Total assets | $887,212 |
| Accounts payable and accrued expenses | $20,482 |
| Grants payable | $0 |
| Deferred revenue | $454,734 |
| 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 | $163,686 |
| Total liabilities | $638,902 |
| Net assets without donor restrictions | -$68,211 |
| Net assets with donor restrictions | $316,521 |
| 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 | $887,212 |