Civic Intelligence

Riverside Symphony Inc.

990 • Fiscal year 2011 • EIN 13-3168350

Jul 01, 2010 to Jun 30, 2011 • Filed on May 09, 2012

225 West 99 Street10025
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.09x

Higher debt load relative to assets than 66% of similar nonprofits.

2011 filings • NTEE A • <$500k nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

13th percentile

-38%

Faster asset growth than 13% of similar nonprofits.

2011 filings • NTEE A • <$500k nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$260,260

Down $160,097 (-38%) from 2010

Net Assets

Down

$235,537

Down $161,174 (-41%) from 2010

Liabilities

Up

$24,723

Up $1,077 (+4.6%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$524,511

Up $44,336 (+9.2%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2010: $420,357Liabilities 2010: $23,646Net Assets 2010: $396,7112010Assets 2011: $260,260Liabilities 2011: $24,723Net Assets 2011: $235,5372011Assets 2012: $202,206Liabilities 2012: $34,706Net Assets 2012: $167,5002012Assets 2013: $259,410Liabilities 2013: $23,189Net Assets 2013: $236,2212013Assets 2014: $86,352Liabilities 2014: $12,333Net Assets 2014: $74,0192014Assets 2015: $78,973Liabilities 2015: $97,677Net Assets 2015: -$18,7042015Assets 2016: $100,218Liabilities 2016: $74,956Net Assets 2016: $25,2622016Assets 2017: $79,263Liabilities 2017: $68,980Net Assets 2017: $10,2832017Assets 2018: $86,242Liabilities 2018: $44,141Net Assets 2018: $42,1012018Assets 2019: $96,036Liabilities 2019: $12,709Net Assets 2019: $83,3272019Assets 2020: $181,460Liabilities 2020: $62,370Net Assets 2020: $119,0902020Assets 2021: $342,083Liabilities 2021: $49,157Net Assets 2021: $292,9262021Assets 2022: $257,074Liabilities 2022: $2,384Net Assets 2022: $254,6902022Assets 2023: $68,857Liabilities 2023: $34,677Net Assets 2023: $34,1802023Assets 2024: $102,470Liabilities 2024: $86,470Net Assets 2024: $16,0002024

Highlighted filing

2011

Assets$260,260
Liabilities$24,723
Net Assets$235,537

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $480,1752010Expenses 2011: $524,5112011Expenses 2012: $493,0582012Revenue 2013: $607,781Expenses 2013: $539,060Net Income 2013: $68,7212013Revenue 2014: $407,249Expenses 2014: $569,451Net Income 2014: -$162,2022014Revenue 2015: $436,696Expenses 2015: $529,419Net Income 2015: -$92,7232015Revenue 2016: $503,584Expenses 2016: $459,618Net Income 2016: $43,9662016Revenue 2017: $501,473Expenses 2017: $516,452Net Income 2017: -$14,9792017Revenue 2018: $519,346Expenses 2018: $487,528Net Income 2018: $31,8182018Revenue 2019: $563,428Expenses 2019: $522,202Net Income 2019: $41,2262019Revenue 2020: $322,088Expenses 2020: $286,325Net Income 2020: $35,7632020Revenue 2021: $381,723Expenses 2021: $207,887Net Income 2021: $173,8362021Revenue 2022: $419,559Expenses 2022: $457,795Net Income 2022: -$38,2362022Revenue 2023: $346,730Expenses 2023: $567,238Net Income 2023: -$220,5082023Revenue 2024: $633,848Expenses 2024: $436,905Net Income 2024: $196,9432024

Highlighted filing

2011

Revenue-
Expenses$524,511
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
May 9, 2012
Return Version
2010v3.2
Gross Receipts
$372,873
Mission and Program Overview

Mission

To develop, promote and increase interest in classical and contemporary music and composers.

Major Activities

Activity 2
Music Memory and Children's Concerts - Riverside Symphony's Music Memory project served approximately 6,500 third-through sixth grade students and teachers from 45 schools citywide. The project combines an innovative classroom-learning program (including NYC-DOE accredited professional development workshops for all participating teachers) with an annual Citywide Music Memory Finals, an event in which students, cheered on by classmates, are called upon to identify the composer and title of the works they have learned throughout the school year. This season's Finals, which took place at New York University's Skirball Center for the Performing Arts on May 26, 2011, featured Riverside Symphony and singers. Thirty-seven teams from 22 participating schools. The Symphony's services, administrative, pedagogical and musical, were provided free to the schools.
Activity 3
Other Programs - Discount Ticket Program - Riverside Symphony has been committed to bringing great music to as wide an audience as possible. Today, the orchestra continues to serve New Yorkers of limited means by making tickets to its subscription concerts available on a subsidized basis to those for whom cost is a barrier. The orchestra's ticket subsidy program provides free or deeply discounted admission to individuals served by social service, and health and welfare centers; senior programs; and educational institutions selected as partners from diverse community organizations based throughout the five boroughs. More than 30 community organizations participated in the orchestra's ticket subsidy program in the 2010-2011 season.
Filing and Contact Details

Filer

EIN
13-3168350
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IRS990/Activity2/Description0Music Memory and Children's Concerts - Riverside Symphony's Music Memory project served approximately 6,500 third-through sixth grade students and teachers from 45 schools citywide. The project combines an innovative classroom-learning program (including NYC-DOE accredited professional development workshops for all participating teachers) with an annual Citywide Music Memory Finals, an event in which students, cheered on by classmates, are called upon to identify the composer and title of the works they have learned throughout the school year. This season's Finals, which took place at New York University's Skirball Center for the Performing Arts on May 26, 2011, featured Riverside Symphony and singers. Thirty-seven teams from 22 participating schools. The Symphony's services, administrative, pedagogical and musical, were provided free to the schools.
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IRS990/Description0Subscription Concerts & Salons - Riverside Symphony's 30th concert season comprised three performances at Alice Tully Hall, Lincoln Center on November 6, 2010; February 5, 2011; and June 6, 2011. The series showcased two premieres: Tsontakis's "Laconika", Suter's "Lyric Suite", and Korf's "Goldkind" as well as other new and rarely performed works. Featured soloists were cellist Amit Peled, vocalist Sabina Sciubba and Riverside Symphony principal players. All three concerts were performed under the baton of Riverside Symphony Music Director George Rothman.The salons, held a week before each concert, provided ticket holders with an in-depth familiarity with the concert repertoire. Orchestra members, soloists and composers joined Music Director Rothman and Artistic Director Korf in these musical explorations. These salons help Riverside Symphony build a sense of community with its audience and offer a rare opportunity for New Yorker concert attendees to get to know performing artists. Preview salons took place at Congregation Or Zarua, the residence of the Consul General of Switzerland in NY and The Apple Store-Upper West Side. At the the first two salons, the featured guest artist performed excerpts from the upcoming program as well as a short solo concert piece. At the third, the guest artists spoke with composer Korf about their collaboration on the creation of the new work premiered on the program.
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IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0506152
IRS990ScheduleA/Total170/Total02271113
IRS990ScheduleA/TotalSupport02278875
IRS990ScheduleA/ValueSrvcFcltsFurnishedByGovt/Total00
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired0true
IRS990ScheduleD/Equipment/Depreciation023202
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis023202
IRS990ScheduleD/ExcessOrDeficitForYear0-161174
IRS990ScheduleD/ExcessOrDeficitPerFS0-161174
IRS990ScheduleD/ExpensesNotRptdF99009536
IRS990ScheduleD/ExpensesSubtotal0524511
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0In June 2006, the Financial Accounting Standards Board issued ASC 740-10 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes), which prescribed a comprehensive model for how an organization should measure, recognize, present, and disclose in its financial statements uncertain tax positions that an organization has taken or expects to take on a tax return. The Symphony adopted ASC 740-10 as of July 1, 2009. There was no impact to the Symphony's financial statements as a result of the implementation of ASC 740-10.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1Fundraising Cost $9536
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0Part X
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1Part XIII, Line 2d
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0Part X : FIN48 Footnote
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference1Part XIII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/OtherExpensesIncluded09536
IRS990ScheduleD/OtherRevenuesNotIncluded0-9536
IRS990ScheduleD/RevenueNotRptdOnFinStmt0-9536
IRS990ScheduleD/RevenueSubtotal0372873
IRS990ScheduleD/TotalExpenses0524511
IRS990ScheduleD/TotalExpensesPerForm9900524511
IRS990ScheduleD/TotalRevenue0363337

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.02$0.86$0.16$6.34$4.37$1.97
2023Detailed filing. Detailed filing data is available for this year.$0.69$0.35$0.34$3.47$5.67$2.21
2022Detailed filing. Detailed filing data is available for this year.$2.57$0.02$2.55$4.20$4.58$0.38
2021Detailed filing. Detailed filing data is available for this year.$3.42$0.49$2.93$3.82$2.08$1.74
2020Detailed filing. Detailed filing data is available for this year.$1.81$0.62$1.19$3.22$2.86$0.36
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.13$0.83$5.63$5.22$0.41
2018Detailed filing. Detailed filing data is available for this year.$0.86$0.44$0.42$5.19$4.88$0.32
2017Detailed filing. Detailed filing data is available for this year.$0.79$0.69$0.10$5.01$5.16$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.75$0.25$5.04$4.60$0.44
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.98$0.19$4.37$5.29$0.93
2014Detailed filing. Detailed filing data is available for this year.$0.86$0.12$0.74$4.07$5.69$1.62
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.23$2.36$6.08$5.39$0.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.35$1.68$4.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.25$2.36$5.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$0.24$3.97$4.80