Idaho Falls Symphony Society Inc is located in Idaho Falls, ID. 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 06/2022, Idaho Falls Symphony Society Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Falls Symphony Society 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 06/2022, Idaho Falls Symphony Society Inc generated $588.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $457.9k during the year ending 06/2022. While expenses have increased by 0.7% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY LIFE ORCHESTRAL EXPERIENCES OF THE WORLD'S GREATEST MUSIC FOR THE ENJOYMENT, ENRICHMENT AND EDUCATION OF OUR AUDIENCES AND MUSICIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SYMPHONY CONCERTS, MUSIC EDUCATION AND RELATED MUSICAL EXPERIENCES TO THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Hueser Music Director | Officer | 40 | $79,070 |
Alekzandria Peugh Executive Director (thru 10/21) | Officer | 40 | $30,516 |
Jake Durtschi President | OfficerTrustee | 3 | $0 |
Dr Arthur Kull Past President | OfficerTrustee | 3 | $0 |
Kim Carpenter Vice President | OfficerTrustee | 1 | $0 |
Judy Brower Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $36,678 |
Related organizations | $0 |
Government grants | $43,400 |
All other contributions, gifts, grants, and similar amounts not included above | $355,688 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $435,766 |
Total Program Service Revenue | $85,431 |
Investment income | $1,014 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $64,804 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $588,403 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $3,830 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $134,721 |
Compensation of current officers, directors, key employees. | $54,590 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $87,000 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,828 |
Payroll taxes | $16,732 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $55,017 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $602 |
Fees for services: Other | $36,292 |
Advertising and promotion | $17,360 |
Office expenses | $16,358 |
Information technology | $15,919 |
Royalties | $0 |
Occupancy | $23,310 |
Travel | $15,837 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $815 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $403 |
Insurance | $4,705 |
All other expenses | $0 |
Total functional expenses | $457,867 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $177,460 |
Savings and temporary cash investments | $274,027 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,026 |
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 | $0 |
Net Land, buildings, and equipment | $854 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $458,367 |
Accounts payable and accrued expenses | $7,040 |
Grants payable | $0 |
Deferred revenue | $34,485 |
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 | $41,525 |
Net assets without donor restrictions | $416,842 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $458,367 |
Over the last fiscal year, we have identified 1 grants that Idaho Falls Symphony Society Inc has recieved totaling $3,000.
Awarding Organization | Amount |
---|---|
Anne Staton Voilleque Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
Seattle Symphony Orchestra Inc Seattle, WA | $18,857,224 | $30,239,580 |
Oregon Symphony Association Portland, OR | $27,740,551 | $13,773,397 |
Spokane Symphony Society Spokane, WA | $21,554,106 | $5,421,713 |
Eugene Symphony Association Inc Eugene, OR | $630,258 | $3,023,786 |
Boise Philharmonic Association Inc Boise, ID | $1,686,396 | $2,920,206 |
Seattle Symphony Foundation Seattle, WA | $45,740,973 | $2,180,352 |
Billings Symphony Society Billings, MT | $4,831,498 | $2,161,521 |
Reno Philharmonic Association Inc Reno, NV | $2,249,884 | $2,471,975 |
Portland Youth Philharmonic Association Portland, OR | $5,269,398 | $1,550,813 |
Symphony Tacoma Tacoma, WA | $1,937,065 | $1,665,927 |
Portland Baroque Orchestra Portland, OR | $709,672 | $1,187,093 |
Las Vegas Philharmonic Las Vegas, NV | $664,348 | $1,580,786 |