The Desert Symphony Inc
- Assets
- $665.7k
- Revenue
- $13.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Desert, CA
- Founding
- 12/1983
- Data as of
- 06/2021
- EIN
- 95-3871126
Organization Overview
The Desert Symphony Inc is located in Palm Desert, CA. The organization was established in 1983. 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. Desert Symphony 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 06/2021, Desert Symphony Inc generated $13.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (49.0%) each year. All expenses for the organization totaled $33.0k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A PROFESSIONAL ORCHESTRA COMMITTED TO ENHANCING AND ENRICHING THE CULTURAL LIFE OF THE PEOPLE IN THE DESERT CITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DESERT SYMPHONY ORGANIZES A SERIES OF CONCERTS, RECITALS AND SPECIAL EVENTS WITH PROGRAMS OF MUSICAL, ARTISTIC EXCELLENCE THAT ENTERTAIN, EDUCATE AND ENGAGE THE AUDIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hal Asher Director | Officer | 5 | $0 |
Raju Mehta Director | Officer | 5 | $0 |
Michael Knighten Director | Officer | 5 | $0 |
George Nasci Sinatra Director | Officer | 5 | $0 |
Patrick Evans Vice Preside | Trustee | 5 | $0 |
Rod Hendry Treasurer | Trustee | 5 | $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 | $11,830 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,830 |
| Total Program Service Revenue | $0 |
| Investment income | $1,181 |
| 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 | $13,011 |
| 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. | $0 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $840 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,378 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,450 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $120 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,192 |
| Insurance | $0 |
| All other expenses | $249 |
| Total functional expenses | $33,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,084 |
| Savings and temporary cash investments | $420,613 |
| 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 | $4,393 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $650 |
| Total assets | $665,740 |
| Accounts payable and accrued expenses | $0 |
| 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 | $149,900 |
| Other liabilities | $0 |
| Total liabilities | $149,900 |
| Net assets without donor restrictions | $0 |
| 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 | $515,840 |
| Total liabilities and net assets/fund balances | $665,740 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The Desert Symphony Inc has recieved totaling $31,755.
| Awarding Organization | Amount |
|---|---|
Grace Helen Spearman Foundation Palm Springs, CA PURPOSE: TO BRING PROFESSIONAL ORCHESTRAL CONCERTS TO THE DESERT CITIES | $20,000 |
The Coeta And Donald Barker Foundation Rancho Mirage, CA PURPOSE: SUPPORT ORCHESTRA | $6,000 |
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $5,750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $51,121 |
| Ending Balance | $51,121 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Diego Symphony Foundation San Diego, CA | $121,018,561 | $925,945 |
Philharmonia Baroque Orchestra & Chorale San Francisco, CA | $8,005,058 | $4,824,687 |
Santa Rosa Symphony Association Santa Rosa, CA | $23,001,628 | $6,302,463 |
Tucson Symphony Society Tucson, AZ | $15,428,177 | $6,501,284 |
Phoenix Symphony Association Phoenix, AZ | $1,368,252 | $4,890,998 |
Pasadena Symphony Association Pasadena, CA | $11,596,205 | $5,563,647 |
Santa Barbara Symphony Orchestra Association Santa Barbara, CA | $1,028,763 | $2,763,199 |
The Los Angeles Chamber Orchestra Society Inc Los Angeles, CA | $5,194,806 | $3,490,076 |
Eugene Symphony Association Inc Eugene, OR | $630,258 | $3,023,786 |
Hawaii Symphony Orchestra Honolulu, HI | $1,894,808 | $3,427,588 |
Philharmonic Society Of Orange County Irvine, CA | $2,790,910 | $2,557,738 |
San Diego Youth Symphony San Diego, CA | $3,933,341 | $2,245,854 |