Tucson Symphony Society
- Assets
- $16.0m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 224
- Location
- Tucson, AZ
- Founding
- 04/1965
- Data as of
- 06/2023
- EIN
- 86-0107538
Organization Overview
Tucson Symphony Society is located in Tucson, AZ. The organization was established in 1965. 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, Tucson Symphony Society employed 224 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tucson 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 06/2023, Tucson Symphony Society generated $5.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $5.7m during the year ending 06/2023. While expenses have increased by 2.6% 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
THE MISSION OF THE TUCSON SYMPHONY IS TO BUILD AND ENRICH COMMUNITY THROUGH THE EXPERIENCE OF LIVE MUSIC OF THE HIGHEST QUALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORCHESTRAL PROGRAMMING:FORMED IN 1928-29 AS THE FIRST PROFESSIONAL SYMPHONY ORCHESTRA IN THE SOUTHWEST, THE TSO IS THE LONGEST CONTINUOUSLY PERFORMING PROFESSIONAL ARTS ORGANIZATION IN ARIZONA. DURING THE 2022-23 SEASON, THE TSO PRESENTED ITS FIRST FULL SEASON OF CONCERTS SINCE THE PANDEMIC. OVER 43,000 PATRONS ENJOYED ORCHESTRAL WORKS RANGING FROM CLASSICAL WITH BEETHOVENS NINTH, TO POPULAR WITH A STAR WARS MOVIE IN CONCERT. TSO LAUNCHED ITS NEW CELEBRACIN LATINA SERIES TO FEATURE HISTORICALLY UNDERREPRESENTED HISPANIC AND LATINO COMPOSERS AND ARTISTS WITH A FREE MEXICAN INDEPENDENCE DAY CONCERT TO A SOLD-OUT AUDIENCE. TSO IS DEDICATED TO BUILDING AN INCREASINGLY DIVERSE AUDIENCE AND PROVIDING ALL WITH THE CHANCE TO ENGAGE WITH ORCHESTRAL MUSIC IN NEW AND EXCITING WAYS.
EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMMING:TSO PROVIDED A WIDE RANGE OF MUSIC EDUCATION PROGRAMS TO 70 SCHOOLS IN SOUTHERN ARIZONA. THROUGHOUT THE YEAR, TSO ENSEMBLES SERVED OVER 15,000 STUDENTS WITH IN-SCHOOL PRESENTATIONS, PREPARING THEM FOR FULL ORCHESTRA KINDERKONZERTS AND YOUNG PEOPLES CONCERTS PERFORMED FOR ANOTHER 7,500 ATTENDEES. TSO CELEBRATED THE 30TH YEAR OF ITS YOUNG COMPOSERS PROJECT (YCP), IN WHICH 28 STUDENTS AGES 6-18 RECEIVED INSTRUCTION AT WEEKLY CLASSES FROM OCTOBER THROUGH MAY, EACH COMPOSING A NEW WORK THAT WAS PERFORMED BY TSO ENSEMBLES AND FULL ORCHESTRA. ADDITIONALLY, TSO PUT STORYTELLING TO MUSIC WITH SEVERAL JUST FOR KIDS PRODUCTIONS FOR YOUNG FAMILIES FREE TO THE PUBLIC, WITH ONE PERFORMANCE PRESENTED IN SPANISH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Meecham President & CEO | Officer | 40 | $166,444 |
Paula Egan VP Of Finance | Officer | 40 | $96,154 |
Hayato Tanaka Ex-Officio | Trustee | 10 | $27,643 |
Michael Becker Ex-Officio | Trustee | 10 | $21,038 |
Carlie Rigg Ex-Officio | Trustee | 10 | $8,598 |
Minna Shah Trustee | Trustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kathryn Martin Consulting Interim Ceo | 6/29/20 | $152,500 |
Jose Luis Gomez Rios Conductor | 6/29/20 | $142,500 |
Kathryn Martin Consulting Interim Ceo | 6/29/20 | $152,500 |
Jose Luis Gomez Rios Conductor | 6/29/20 | $142,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $110,650 |
| Related organizations | $0 |
| Government grants | $807,723 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,843,398 |
| Noncash contributions included in lines 1a–1f | $74,405 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,761,771 |
| Total Program Service Revenue | $2,311,676 |
| Investment income | $175,771 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$68,125 |
| Net Income from Fundraising Events | $44,463 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,261,967 |
| 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. | $336,572 |
| Compensation of current officers, directors, key employees. | $220,350 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,705,132 |
| Pension plan accruals and contributions | $17,592 |
| Other employee benefits | $194,980 |
| Payroll taxes | $220,484 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $235 |
| Fees for services: Accounting | $17,845 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43,201 |
| Fees for services: Other | $0 |
| Advertising and promotion | $291,972 |
| Office expenses | $26,471 |
| Information technology | $70,035 |
| Royalties | $0 |
| Occupancy | $309,510 |
| Travel | $2,570 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,197 |
| Interest | $10,759 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $90,081 |
| Insurance | $36,673 |
| All other expenses | $24,780 |
| Total functional expenses | $5,711,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $205,394 |
| Savings and temporary cash investments | $1,405,732 |
| Pledges and grants receivable | $862,360 |
| Accounts receivable, net | $25,534 |
| 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 | $128,884 |
| Net Land, buildings, and equipment | $655,962 |
| Investments—publicly traded securities | $6,073,955 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,685,719 |
| Total assets | $16,043,540 |
| Accounts payable and accrued expenses | $234,681 |
| Grants payable | $0 |
| Deferred revenue | $1,063,536 |
| 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 | $242,935 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $72,838 |
| Total liabilities | $1,613,990 |
| Net assets without donor restrictions | $3,520,062 |
| Net assets with donor restrictions | $10,909,488 |
| 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 | $16,043,540 |