Southern Arizona Symphony Orchestra Association
- Assets
- $978.7k
- Revenue
- $235.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 04/1981
- Data as of
- 04/2024
- EIN
- 95-3403204
Organization Overview
Southern Arizona Symphony Orchestra Association is located in Tucson, AZ. The organization was established in 1981. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, 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. Southern Arizona Symphony Orchestra Association 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 04/2024, Southern Arizona Symphony Orchestra Association generated $235.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $215.9k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY MEMORABLE INSTRUMENTAL MUSIC TO AUDIENCES AT AN AFFORDABLE PRICE.
Describe the Organization's Program Activity:
PROVIDED MEMORABLE INSTRUMENTAL AND CHORAL PERFORMANCES TO AUDIENCES, PREDOMINATELY IN SOUTHERN ARIZONA, AT AN AFFORDABLE TICKET PRICE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Nelson Director | Trustee | 1 | $0 |
Deanna Schroer Parliamentarian | Trustee | 1 | $0 |
Paula Klein Director | Trustee | 1 | $0 |
Stephen Beecher Director | Trustee | 1 | $0 |
Mike Padilla Director | Trustee | 1 | $0 |
Eric Holm Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,655 |
| Related organizations | $0 |
| Government grants | $22,495 |
| All other contributions, gifts, grants, and similar amounts not included above | $129,213 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,363 |
| Total Program Service Revenue | $65,474 |
| Investment income | $14,527 |
| 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 | $235,364 |
| 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. | $44,840 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $17,361 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,229 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,026 |
| Fees for services: Other | $51,744 |
| Advertising and promotion | $20,957 |
| Office expenses | $2,988 |
| 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 | $5,821 |
| Insurance | $2,066 |
| All other expenses | $54,865 |
| Total functional expenses | $215,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,812 |
| Savings and temporary cash investments | $323,297 |
| 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 | $23,984 |
| Investments—publicly traded securities | $511,597 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $978,690 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $37,675 |
| 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 | $37,675 |
| Net assets without donor restrictions | $232,846 |
| Net assets with donor restrictions | $708,169 |
| 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 | $978,690 |