Civic Intelligence

Riverside Symphony Inc.

990 • Fiscal year 2013 • EIN 13-3168350

Jul 01, 2012 to Jun 30, 2013 • Filed on May 13, 2014

225 West 99 StreetNew York, NY 10025
Siviq Scores

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

Liabilities / Assets

55th percentile

0.09x

Higher debt load relative to assets than 55% of similar nonprofits.

2013 filings • NTEE A • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

43rd percentile

0.04x

Higher debt load relative to revenue than 43% of similar nonprofits.

2013 filings • NTEE A • $500k-$1M nonprofits • Source year 2013

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2013 filings • NTEE A • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

86th percentile

28%

Faster asset growth than 86% of similar nonprofits.

2013 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$259,410

Up $57,204 (+28%) from 2012

Net Assets

Up

$236,221

Up $68,721 (+41%) from 2012

Liabilities

Down

$23,189

Down $11,517 (-33%) from 2012

Revenue

$607,781

No earlier filing loaded for comparison.

Expenses

Up

$539,060

Up $46,002 (+9.3%) from 2012

Net Income

$68,721

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

2013

Assets$259,410
Liabilities$23,189
Net Assets$236,221

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

2013

Revenue$607,781
Expenses$539,060
Net Income$68,721
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 13, 2014
Return Version
2012v2.0
Gross Receipts
$621,627
Mission and Program Overview

Mission

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

Major Activities

Activity 2
MUSIC MEMORYThis year, the music education program Riverside Symphony introduced to New York City schools in 1999, served nearly 6,000 third through sixth graders and their teachers from 38 schools citywide. The program combines an innovative classroom-learning program (including NYC-DOE-accredited professional development workshops for participating teachers) with an annual Citywide Music Memory Finals, an event at 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 NYU's Center for the Performing Arts on May 23, featured Riverside Symphony and singers, and 37 competing teams from 22 participating schools. There is no cost to the schools for participation in this program.
Activity 3
Other Programs - TICKET SUBSIDY PROGRAMBeginning with its first concert thirty-two years ago, 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 throughout the five boroughs. More than 30 community organizations participated in the orchestra's ticket subsidy program in the 2012-2013 season.
Filing and Contact Details

Filer

EIN
13-3168350
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IRS990/Description0SUBSCRIPTION CONCERTSRiverside Symphony's 2012-2013 season, its 32nd, comprised three subscription concerts at Alice Tully Hall, Lincoln Center. Each featured a widely acclaimed young guest artist in her or his debut with the symphony. "The Vocal Element" opened the season on November 3 with a program featuring soprano Heather Buck performing two song sets orchestrated from their original voice and piano versions. Works by Faur and Mozart, composers noted for their lyrical gifts, completed the program. On February 2, "Mainly Strings," a fascinating program for string orchestra, harp and keyboards, featured the orchestra performing music by Nielsen and Tchaikovsky, and concertos by Vivaldi and Ruders with guest violinist Arnaud Sussmann. The season concluded on June 6 with "Old World/New World," a program of musical gems, by Ravel, Schulhoff, Maxwell Davies and Ginastera, reflecting the cross-pollination of jazz and indigenous music with traditional European compositional technique. Pianist Inon Barnatan was guest artist. The three concerts were performed under the baton of Riverside Symphony Music Director George Rothman.SALON SERIES: Music Up CloseThese salons help Riverside Symphony build a feeling of community with the audience and offer a rare opportunity for New Yorker concert attendees to get to know performing artists. Held a week before each concert, they provide guests with an in-depth familiarity with the repertoire on the upcoming concert. Orchestra members, soloists and composers join Music Director Rothman and Artistic Director Korf in ear-opening musical explorations. This season the Swiss Consulate General in New York hosted the fall salon, which featured soprano Heather Buck performing songs by Swiss composer Heinz Holliger. The second salon, at Scandinavia House, featured music by Danish composers Poul Ruders and Carl Nielsen and violinist Arnaud Sussmann. The final salon of the season was held at PricewaterhouseCoopers, where Riverside Symphony's concert master Cenovia Cummins joined the orchestra's artistic director Anthony Korf in a preview of the June concert. Each concluded with a Q & A and a meet and greet.
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IRS990/SalariesEtcCurrentYear0329713
IRS990/SalariesEtcPriorYear0299819
IRS990/SavingsAndTempCashInvestments/BOY0168345
IRS990/SavingsAndTempCashInvestments/EOY0211812
IRS990ScheduleA/AmountsSubstContributorsTotal0513643
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0531854
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0315339
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years0250448
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years0330718
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0754432
IRS990ScheduleA/GiftsGrantsContribReceived170/Total02182791
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear0261
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year0398
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years01601
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years02393
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years01397
IRS990ScheduleA/GrossInvestmentIncome170/Total06050
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc0219077
IRS990ScheduleA/NetUBI/Total00
IRS990ScheduleA/OtherIncome170/Total00
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.76260
IRS990ScheduleA/PublicSupportPertcentPriorYear00.79950
IRS990ScheduleA/PublicSupportTotal17001669148
IRS990ScheduleA/TaxRevLeviedForOrgBenefit170/Total00
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear0531854
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year0315339
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years0250448
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years0330718
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0754432
IRS990ScheduleA/Total170/Total02182791
IRS990ScheduleA/TotalSupport02188841
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/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0The Symphony has determined that there are no uncertain tax positions as of June 30, 2013 and did not record any income tax related penalties or interest for the period presented in the financial statements. As of June 30, 2013 the Symphonys tax years ended June 30, 2010, 2011 and 2012 are subject to examination by the tax authorities. With few exceptions, as of June 30, 2013, the Symphony is no longer subject to examinations by tax authorities for years before June 30, 2010.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0Part X
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0Part X : FIN48 Footnote

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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • NTEE A69 • $500k-$1M nonprofits