Grand Junction Symphony Orchestra
- Assets
- $362.6k
- Revenue
- $789.9k
- Investments
- $0.0
- Employees
- 126
- Location
- Grand Junction, CO
- Founding
- 03/1978
- Data as of
- 06/2023
- EIN
- 84-0759502
Organization Overview
Grand Junction Symphony Orchestra is located in Grand Junction, CO. The organization was established in 1978. 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 06/2023, Grand Junction Symphony Orchestra employed 126 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Junction 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 06/2023, Grand Junction Symphony Orchestra generated $789.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $901.6k during the year ending 06/2023. While expenses have increased by 3.1% per year over the past 8 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
TO ENGAGE AND ENRICH OUR COMMUNITY THROUGH SYMPHONIC MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENGAGE AND ENRICH OUR COMMUNITY THROUGH SYMPHONIC MUSIC
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 |
|---|---|---|---|
Kelly Anderson Executive Di | Officer | 40 | $81,694 |
William Aikens Board Member | Trustee | 1 | $0 |
Laurel Bartholomay Board Member | Trustee | 1 | $0 |
Bennett Boeschenstein Board Member | Trustee | 1 | $0 |
Sherry Bright Board Member | Trustee | 1 | $0 |
Betsy Brodak President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $650 |
| Related organizations | $63,500 |
| Government grants | $8,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $247,277 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $319,927 |
| Total Program Service Revenue | $299,324 |
| Investment income | $826 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $132,357 |
| Net Income from Gaming Activities | $32,429 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $789,943 |
| 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. | $81,694 |
| Compensation of current officers, directors, key employees. | $40,847 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $360,213 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,985 |
| Payroll taxes | $32,046 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,384 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,696 |
| Office expenses | $30,988 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,535 |
| Travel | $0 |
| 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 | $5,219 |
| Insurance | $16,959 |
| All other expenses | $18,795 |
| Total functional expenses | $901,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $273,198 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,450 |
| 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 | $9,829 |
| Net Land, buildings, and equipment | $32,276 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,853 |
| Total assets | $362,606 |
| Accounts payable and accrued expenses | $14,675 |
| Grants payable | $0 |
| Deferred revenue | $227,389 |
| 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 | $242,064 |
| Net assets without donor restrictions | $91,900 |
| Net assets with donor restrictions | $28,642 |
| 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 | $362,606 |