Symphony Tacoma

Organization Overview

Symphony Tacoma is located in Tacoma, WA. The organization was established in 1961. 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, Symphony Tacoma employed 147 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Symphony Tacoma 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, Symphony Tacoma generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 2.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SYMPHONY TACOMA'S MISSION IS "BUILDING COMMUNITY THROUGH MUSIC."

Describe the Organization's Program Activity:

Part 3 - Line 4a

SYMPHONY TACOMA IS A WASHINGTON STATE NONPROFIT ORGANIZATION FOUNDED IN 1946 AND CURRENTLY HAS 80 CONTRACT MUSICIANS AND AN AFFILIATED VOLUNTEER CHORUS. SYMPHONY TACOMA'S MISSION IS "BUILDING COMMUNITY THROUGH MUSIC." SYMPHONY TACOMA ENGAGED IN A MULTI-YEAR INITIATIVE TO CHAMPION DIVERSITY, EQUITY, INCLUSION, ACCESS AND BELONGING IN ALL ASPECTS OF OUR BUSINESS. OUR SUBSCRIPTION SERIES FEATURED A DIVERSE ARRAY OF GUEST ARTIST AND REPERTOIRE. AS A CHAMPION OF NEW MUSIC, MUSIC DIRECTOR SARAH IOANNIDES HAS PREMIERED SEVERAL WORKS BY LIVING COMPOSERS, A RARITY IN OUR INDUSTRY. OUR EDUCATION PROGRAMS RETURNED TO IN-PERSON THIS YEAR. OUR SYMPHONY2U PROGRAM SUPPORTING MIDDLE AND HIGH SCHOOL STRING PROGRAMS WAS EXPANDED AND DELIVERED IN-PERSON TO SEVEN SCHOOLS AND PROVIDED CONSECUTIVE WEEKS OF INTENSIVE COACHING AND PERFORMANCES. WE WERE ONE OF JUST A FEW ORGANIZATIONS IN TACOMA TO HAVE PERFORMANCES THAT WERE USED AS A FIELD TRIP (OUR SIMPLY SYMPHONIC SERIES). IN ADDITION, SYMPHONY TACOMA CREATED OPPORTUNITIES TO HAVE FREE PERFORMANCES AND OTHER OPPORTUNITIES. WE BROUGHT MUSICIANS TO PERFORM AT THE FARMER'S MARKET AND OFFERED FREE MASTERCLASSES LED BY NOTABLE ARTISTS.


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Board, Officers & Key Employees

Name (title)Compensation
Sarah Ioannides
Music Director
$106,912
Karina Bharne
Executive Director
$92,510
Dianne K Conway
President
$0
Julie Dunbar
Treasurer
$0
Rick Meeder
Vice President
$0
Patricia Wooster
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$90,595
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,265,603
Noncash contributions included in lines 1a–1f $14,970
Total Revenue from Contributions, Gifts, Grants & Similar$1,356,198
Total Program Service Revenue$268,502
Investment income $16,052
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $25,175
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,665,927

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Symphony Tacoma has recieved totaling $114,462.

Awarding OrganizationAmount
Ben B Cheney Foundation Inc

Tacoma, WA

PURPOSE: 2021-22 AND 2022-23 SYMPHONY SEASONS

$40,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$24,951
Bates Family Foundation

Tacoma, WA

PURPOSE: PAYMENT FOR THE BENEFIT OF THE ORGANIZATION

$20,000
Gottfried & Mary Fuchs Foundation

Phoenix, AZ

PURPOSE: CHARITABLE

$14,000
Greater Tacoma Community Foundation

Tacoma, WA

PURPOSE: OPERATING SUPPORT

$8,900
L T Murray Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$4,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,102,990
Earnings-$96,633
Admin Expense$380
Net Contributions$1,250
Ending Balance$1,007,227

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