The Anchorage Symphony Orchestra Endowment Foundation

Organization Overview

The Anchorage Symphony Orchestra Endowment Foundation is located in Anchorage, AK. The organization was established in 1999. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchorage Symphony Orchestra Endowment Foundation 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, Anchorage Symphony Orchestra Endowment Foundation generated $316.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.7% each year . All expenses for the organization totaled $106.0k during the year ending 06/2022. While expenses have increased by 6.3% 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

THE ENDOWMENT FOUNDATION'S SOLE AND EXCLUSIVE PURPOSE IS TO SECURE, HOLD AND INVEST ASSETS, THE INCOME FROM WHICH CAN BE PAID ONLY TO THE ANCHORAGE SYMPHONY ORCHESTRA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ENDOWMENT FOUNDATION'S SOLE AND EXCLUSIVE PURPOSE IS TO SECURE, HOLD AND INVEST ASSETS, THE INCOME FROM WHICH CAN BE PAID ONLY TO THE ANCHORAGE SYMPHONY ORCHESTRA.


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Board, Officers & Key Employees

Name (title)Compensation
Adelheid Micky Becker
Trustee
$0
Brian Hoefler
Vice Chair
$0
Denis Leblanc
Trustee
$0
Jeffrey S Leonard
Chair
$0
Aron S Wolf MD
Treasurer
$0
Patricia Meinhardt
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$32,075
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$32,075
Total Program Service Revenue$0
Investment income $284,536
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $316,611

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