Olympia Symphony Orchestra
- Assets
- $1.0m
- Revenue
- $434.5k
- Investments
- $238.0k
- Employees
- 115
- Location
- Olympia, WA
- Founding
- 11/1968
- Data as of
- 06/2023
- EIN
- 91-6087694
Organization Overview
Olympia Symphony Orchestra is located in Olympia, WA. 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 06/2023, Olympia Symphony Orchestra employed 115 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olympia 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, Olympia Symphony Orchestra generated $434.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $468.0k during the year ending 06/2023. While expenses have increased by 3.4% 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 PROVIDE THE HIGHEST QUALITY LIVE MUSIC TO ENRICH, EDUCATE AND ENTERTAIN AN EXPANDING AUDIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BETWEEN JULY 1 2022 AND JUNE 30 2023 THE OLYMPIA SYMPHONY PRESENTED SEVEN ORCHESTRAL CONCERTS, INCLUDING ONE WHICH WAS FREE TO THE PUBLIC. THIS FREE OUTDOOR SUMMER CONCERT FEATURED A COLLABORATION WITH 150 YOUTH MUSICIANS FROM OLYMPIA AND SEATTLE, AND DREW AN AUDIENCE OF APPROXIMATELY 1,500. GUEST ARTISTS FROM PHILADELPHIA, BALTIMORE, AND SEATTLE PERFORMED WITH THE OLYMPIA SYMPHONY'S ENSEMBLE OF 65 LOCAL PROFESSIONAL MUSICIANS, UNDER THE LEADERSHIP OF MUSIC DIRECTOR ALEXANDRA ARRIECHE. CONCERTS AT THE WASHINGTON CENTER FOR THE PERFORMING ARTS AND KENNETH J. MINNAERT CENTER FOR THE ARTS SERVED A COMBINED AUDIENCE OF ALMOST 4,500, INCLUDING A SOLD-OUT MOVIE-MUSIC CONCERT. OVER 1,000 TICKETS WERE DISTRIBUTED FREE OF CHARGE TO SCHOOLS AND SERVICE ORGANIZATIONS. NUMEROUS SMALL ENSEMBLES VISITED RETIREMENT COMMUNITIES, COMMUNITY ARTS FESTIVALS, AND FUNDRAISING EVENTS.
BETWEEN JULY 1 2022 AND JUNE 30 2023 THE OLYMPIA SYMPHONY INITIATED A YOUNG ARTISTS COMPETITION, INVITING YOUTH MUSICIANS TO AUDITION FOR THE OPPORTUNITY TO PERFORM AS A SOLOIST WITH THE ORCHESTRA. WINNERS (JUNIOR, SENIOR, AND AUDIENCE-CHOICE) WERE SELECTED FROM A POOL OF CANDIDATES RANGING FROM SEATTLE TO SAN FRANCISCO CA, EACH RECEIVING PERSONAL MENTORSHIP AND INSTRUCTION FROM MUSIC DIRECTOR ALEXANDRA ARRIECHE. AREA YOUTH MUSICIANS ALSO RECEIVED FREE MASTERCLASSES TAUGHT BY GUEST ARTISTS FROM PHILADELPHIA (DAVID KIM), BALTIMORE (MICHAEL SHEPPARD), AND SEATTLE (NATHAN CHAN). SEASON YOUTH COLLABORATIONS INCLUDED A CONCERT WITH MARROWSTONE MUSIC FESTIVAL, SEATTLE YOUTH SYMPHONY ORCHESTRA, AND STUDENT ORCHESTRAS OF GREATER OLYMPIA (SOGO), AS WELL AS A COMMUNITY "CONDUCT US" EVENT WITH SOGO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lena Mendiola President | OfficerTrustee | 3 | $0 |
Laurel Gonzalo Vice President | OfficerTrustee | 1.5 | $0 |
Chris Barnes Secretary | OfficerTrustee | 2.5 | $0 |
Craig Stephens Treasurer | OfficerTrustee | 2 | $0 |
Natalie Coblentz Director | Trustee | 1 | $0 |
Eric Charneski Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,252 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $263,469 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $265,721 |
| Total Program Service Revenue | $154,483 |
| Investment income | $16,475 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,171 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $434,508 |
| 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. | $56,025 |
| Compensation of current officers, directors, key employees. | $11,205 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $231,120 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $29,582 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,397 |
| Fees for services: Other | $16,894 |
| Advertising and promotion | $17,607 |
| Office expenses | $10,698 |
| Information technology | $7,465 |
| Royalties | $3,036 |
| Occupancy | $10,200 |
| Travel | $411 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,185 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,715 |
| Insurance | $3,078 |
| All other expenses | $0 |
| Total functional expenses | $468,042 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,500 |
| Savings and temporary cash investments | $139,355 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,000 |
| 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 | $7,989 |
| Net Land, buildings, and equipment | $19,431 |
| Investments—publicly traded securities | $210,708 |
| Investments—other securities | $237,960 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $405,294 |
| Total assets | $1,026,237 |
| Accounts payable and accrued expenses | $12,844 |
| Grants payable | $0 |
| Deferred revenue | $41,594 |
| 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 | $2,218 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $56,656 |
| Net assets without donor restrictions | $600,476 |
| Net assets with donor restrictions | $369,105 |
| 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 | $1,026,237 |