Bryan Symphony Orchestra
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$238,000.00
Projected Expenses
$238,000.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| bryan symphony orchestra irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $150,209.00 | $168,267.00 | |
| Total Expenses | $212,838.00 | $121,128.00 | |
| Revenue Less Expenses | ($-0.00) | ($62,629.00) | $47,139.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $5,000.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $19,672.00 | |
| Contributions, Gifts, and Grants | $84,004.00 | $62,616.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $51,503.00 | $30,594.00 | |
| Investment Income, Net of Losses | $14,702.00 | $26,684.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $23,701.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $114,815.00 | $36,291.00 | |
| Administration Expense | $97,272.00 | $84,837.00 | |
| Fundraising Expense | $0.00 | $0.00 | |
| Total Revenue/Total Expenses | 71% | 139% | |
| Program Expense/Total Expenses | 54% | 30% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $84,004.00 | Contributions, Gifts, Grants $62,616.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Program Revenue $51,503.00 | Program Revenue $30,594.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Investment Income $14,702.00 | Interest Income $26,684.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $586,740.00 | $716,393.00 | |
| Current Assets | $98,652.00 | $146,974.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $70,771.00 | $78,463.00 | |
| Total Net Assets | $515,969.00 | $637,930.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$180,000.00
What is the spending policy for your endowment?
N/A
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2023
Form 990s
Audit Documents
Foundation Staff Comments
| Financial Figures taken from Form 990. Schedule B removed to protect donor privacy. Form 990 prepared by BAS Accounting Services CPA Firm. Comments provided by Hayley Sulfridge 3/31/22. |
