Jefferson Symphony Association
- Assets
- $662.7k
- Revenue
- $140.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Wheat Ridge, CO
- Founding
- 01/1962
- Data as of
- 12/2022
- EIN
- 84-6025592
Organization Overview
Jefferson Symphony Association, operating under the name Jefferson Symphony Orchestra, is located in Wheat Ridge, CO. The organization was established in 1962. 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 12/2022, Jefferson Symphony Orchestra employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jefferson 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 12/2022, Jefferson Symphony Orchestra generated $140.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $180.0k during the year ending 12/2022. 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
EDUCATING THE PUBLIC ABOUT SYMPHONIC MUSIC THROUGH CONCERTS OR OTHER EDUCATIONAL ACTIVITIES. EDUCATING STUDENTS AND SERIOUS MUSICIANS THROUGH SYMPHONY CONCERTS AND ACTIVITIES. TYPICALLY PERFORM 6 ANNUAL CONCERTS AND 6 RECITALS PER YEAR WHEN NOT IN PANDEMIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONCERTS REGULAR TICKET SALES
RESTRICTED DONATIONS
YAC CONCERT AND SPECIAL EVENT CONCERTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Lucero Board Secretary | OfficerTrustee | 2 | $0 |
Jim Everson Board Chair | OfficerTrustee | 4 | $0 |
Kimberly Nelson Treasurer | OfficerTrustee | 2 | $0 |
Caleb Newquist Vice Chairman | OfficerTrustee | 1 | $0 |
Wanda Allen Board Member | Trustee | 1 | $0 |
Larry Allen Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $23,446 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,790 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,236 |
| Total Program Service Revenue | $44,939 |
| Investment income | $17,727 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $68 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $139,970 |
| 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 | $98,113 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,769 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $91 |
| 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 | $7,315 |
| Office expenses | $6,595 |
| Information technology | $723 |
| Royalties | $0 |
| Occupancy | $31,480 |
| 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 | $600 |
| Insurance | $4,840 |
| All other expenses | $0 |
| Total functional expenses | $179,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,067 |
| Savings and temporary cash investments | $11,546 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $40,463 |
| Investments—publicly traded securities | $570,658 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $662,734 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $662,734 |
| Total liabilities and net assets/fund balances | $662,734 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jefferson Symphony Association has recieved totaling $17,070.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $17,070 |
Endowment Analysis
| Beg. Balance | $726,852 |
| Earnings | -$149,946 |
| Ending Balance | $570,658 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado Symphony Association Denver, CO | $12,961,781 | $18,715,868 |
Oklahoma Philharmonic Society Inc Oklahoma City, OK | $16,602,843 | $6,401,721 |
Omaha Symphony Association Omaha, NE | $71,026,158 | $5,852,032 |
Tucson Symphony Society Tucson, AZ | $15,428,177 | $6,501,284 |
Phoenix Symphony Association Phoenix, AZ | $1,368,252 | $4,890,998 |
Tulsa Symphony Orchestra Inc Tulsa, OK | $3,114,616 | $2,041,644 |
New Mexico Philharmonic Inc Albuquerque, NM | $458,933 | $1,791,722 |
Wichita Symphony Society Inc Wichita, KS | $8,512,602 | $2,677,998 |
Colorado Springs Philharmonic Orchestra Colorado Springs, CO | $3,792,415 | $1,751,968 |
Santa Fe Symphony Orchestra & Chorus Inc Santa Fe, NM | $1,008,927 | $1,681,988 |
The Symphony Fund Denver, CO | $76,088,728 | $4,099,144 |
Boulder Philharmonic Orchestra Boulder, CO | $1,166,319 | $1,630,291 |