Lake County Symphony Association Inc
- Assets
- $715.8k
- Revenue
- $108.6k
- Investments
- $0.0
- Employees
- 50
- Location
- Lakeport, CA
- Founding
- 09/1979
- Data as of
- 12/2023
- EIN
- 94-2577725
Organization Overview
Lake County Symphony Association Inc is located in Lakeport, CA. The organization was established in 1979. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Lake County Symphony Association Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake County Symphony Association Inc 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 12/2023, Lake County Symphony Association Inc generated $108.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $91.3k during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 9 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 LAKE COUNTY WITH CLASSICAL MUSIC THROUGH THE SYMPHONY, COMMUNITY AND YOUTH ORCHESTRA, AND PROVIDE SCHOLARSHIPS FOR STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A SYMPHONY ORCHESTRA USING LOCAL MUSICIANS TO PRESENT CONCERTS TO LAKE COUNTY. FOUR CONCERTS WERE PRESENTED AT THE LOCAL THEATRE IN LAKEPORT CA IN 2023 WITH SIGNIFICANT ATTENDANCE FOR EACH.
PROVIDE A YOUTH AND COMMUNITY ORCHESTRA WITH WEEKLY PRACTICE, CULMINATING IN CONCERTS, BOTH PRESENTED WITH THE SYMPHONY AND AN ANNUAL CONCERT ON IT'S OWN. THIS ORCHESTRA WILL PROVIDE A PLACE FOR CHILDREN AND ADULTS TO PLAY THEIR INSTRUMENTS AND PERHAPS JOIN THE SYMPHONY ORCHESTRA. ALSO, LCSA PROVIDES SCHOLARSHIPS FOR STUDENTS WHO PLAY WITH THE SYMPHONY AND YOUTH ORCHESTRA. ONE SCHOLARSHIP WAS PRESENTED FOR 2023.
THE ALLEGRO SCHOLARSHIP PROGRAM WAS DONATED TO LCSA BY THE VOGEL FOUNDATION IN 2021 AND HAS BEEN OPERATING UNDER THAT UMBRELLA SINCE THEN THE PURPOSE OF THE PROGRAM IS TO PROVIDE PARTIAL AND FULL SCHOLARSHIP ASSISTANCE TO QUALIFIED TALENTED AND GIFTED MUSIC STUDENTS IN FINANCIAL NEED AND TO DEFRAY THE COSTS OF TUITION AND EDUCATIONAL MATERIALS. ALLEGRO ALSO PROVIDES ASSISTANCE TO UNDERSERVED MUSIC STUDENTS AND OCCASIONALLY PROVIDES SPECIAL GRANTS TO QUALIFIED STUDENTS TO ASSIST WITH COLLEGE EXPENSES. SUPPORT IS ALSO PROVIDED TO ENCOURAGE AND ENABLE MUSIC STUDENTS TO VIEW AND ATTEND HIGH QUALITY MUSIC CONCERTS. ALLEGRO SUPPORTS LOCAL COMMUNITY AND YOUTH ORCHESTRA ENSEMBLES AS WELL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Camm Linden President | OfficerTrustee | 4 | $2,740 |
Lynne Bruner Treasurer | OfficerTrustee | 4 | $0 |
David Velasquez Secretary | OfficerTrustee | 2 | $0 |
Greg Bushta Director | Trustee | 1 | $0 |
Andi Skelton Director | Trustee | 2 | $3,000 |
Mike Bielenberg Director | Trustee | 1 | $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 | $68,330 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,330 |
| Total Program Service Revenue | $19,658 |
| Investment income | $12,398 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,214 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $108,600 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,000 |
| 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 | $17,315 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,035 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $828 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,200 |
| Advertising and promotion | $1,290 |
| Office expenses | $4,780 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $3,520 |
| All other expenses | $12,807 |
| Total functional expenses | $91,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,658 |
| Savings and temporary cash investments | $612,640 |
| 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 | $49,539 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $715,837 |
| Accounts payable and accrued expenses | $2,393 |
| 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 | $2,393 |
| Net assets without donor restrictions | $713,444 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $715,837 |