Civic Intelligence

Grand Junction Symphony Foundation Inc.

990 • Fiscal year 2014 • EIN 20-3258849

Jul 01, 2013 to Jun 30, 2014 • Filed on May 14, 2015

414 Main Street81501

(970) 243-6787

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

98th percentile

86%

Higher net margin than 98% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

79th percentile

21%

Faster asset growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

Up

$779,402

Up $137,148 (+21%) from 2013

Net Assets

Up

$779,402

Up $137,148 (+21%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$159,464

No earlier filing loaded for comparison.

Expenses

Down

$22,316

Down $7,687 (-26%) from 2013

Net Income

$137,148

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.

$3.0M$2.0M$1.0M$0Assets 2012: $560,252Liabilities 2012: $0Net Assets 2012: $560,2522012Assets 2013: $642,254Liabilities 2013: $0Net Assets 2013: $642,2542013Assets 2014: $779,402Liabilities 2014: $0Net Assets 2014: $779,4022014Assets 2015: $789,411Liabilities 2015: $0Net Assets 2015: $789,4112015Assets 2016: $797,044Liabilities 2016: $675Net Assets 2016: $796,3692016Assets 2017: $925,021Liabilities 2017: $0Net Assets 2017: $925,0212017Assets 2018: $1,113,099Liabilities 2018: $0Net Assets 2018: $1,113,0992018Assets 2019: $1,169,177Liabilities 2019: $0Net Assets 2019: $1,169,1772019Assets 2020: $1,227,322Liabilities 2020: $0Net Assets 2020: $1,227,3222020Assets 2021: $1,989,337Liabilities 2021: $4,000Net Assets 2021: $1,985,3372021Assets 2022: $1,793,107Liabilities 2022: $0Net Assets 2022: $1,793,1072022Assets 2023: $2,015,720Liabilities 2023: $20,000Net Assets 2023: $1,995,7202023Assets 2024: $2,307,914Liabilities 2024: $0Net Assets 2024: $2,307,9142024Assets 2025: $2,500,949Liabilities 2025: $0Net Assets 2025: $2,500,9492025

Highlighted filing

2014

Assets$779,402
Liabilities$0
Net Assets$779,402

Operations Trend

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

$1.0M$500K$0Expenses 2012: $26,2812012Expenses 2013: $30,0032013Revenue 2014: $159,464Expenses 2014: $22,316Net Income 2014: $137,1482014Revenue 2015: $41,612Expenses 2015: $31,603Net Income 2015: $10,0092015Revenue 2016: $45,644Expenses 2016: $38,686Net Income 2016: $6,9582016Revenue 2017: $88,118Expenses 2017: $40,650Net Income 2017: $47,4682017Revenue 2018: $162,628Expenses 2018: $41,543Net Income 2018: $121,0852018Revenue 2019: $137,703Expenses 2019: $47,411Net Income 2019: $90,2922019Revenue 2020: $124,746Expenses 2020: $42,870Net Income 2020: $81,8762020Revenue 2021: $881,392Expenses 2021: $123,377Net Income 2021: $758,0152021Revenue 2022: $221,551Expenses 2022: $60,868Net Income 2022: $160,6832022Revenue 2023: $191,657Expenses 2023: $79,539Net Income 2023: $112,1182023Revenue 2024: $255,410Expenses 2024: $79,710Net Income 2024: $175,7002024Revenue 2025: $146,954Expenses 2025: $88,702Net Income 2025: $58,2522025

Highlighted filing

2014

Revenue$159,464
Expenses$22,316
Net Income$137,148
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 14, 2015
Return Version
2013v4.0
Gross Receipts
$159,464
Mission and Program Overview

Mission

To support the grand junction symphony orchestra.

To guarantee the future of symphonic music in the grand valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$591,344$662,517▲ $71,173
Cash and Non-Interest-Bearing Accounts$13,554$114,385▲ $100,831
Investments Other Securities$34,856--
Prepaid Expenses and Deferred Charges$2,500$2,500→ $0
Total Assets$642,254$779,402▲ $137,148
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$493,050$533,466▲ $40,416
Temporarily Rstr Net Assets$125,552$180,315▲ $54,763
Unrestricted Net Assets$23,652$65,621▲ $41,969
Total Net Assets Fund Balance$642,254$779,402▲ $137,148
Total Liabilities and Net Assets / Fund Balance$642,254$779,402▲ $137,148

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$618,602$40,416▲ $104,725-$742,727
2012$544,372$41,175▲ $63,569-$618,602
2011$543,886$33,961▼ $7,195-$544,372
2010$448,817$31,224▲ $88,802-$543,886
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$54,739
Program Service Revenue
$0
Investment Income
$104,725
Other Revenue
$0
All Other Contributions
$54,739
Change in Net Assets
$137,148
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$21,016
Other Expenses$1,300
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$21,016--$21,016
Fees for Services Accounting$0$1,300$0$1,300
Total Functional Expenses$21,016$1,300$0$22,316
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
84-0759502-501(c)(3)To Guarantee the Future of Symphonic Music in the Grand Valley$21,016
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
20-3258849
Phone
9702436787

Signing Officer

Name
Cara Golden
Title
Treasurer
Phone
9702436787
Signed
2015-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adele Suydum
Formed
2004
Legal Domicile
Co
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
28

Preparer

Preparer
Orville F Petersen CPA
Phone
9702453000
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A draft of the 990 is sent to the board treasurer for approval and

Pt VI, Line 11B

Signature prior to the filing deadline. All board members are sent a

Pt VI, Line 11B

Copy of the filed and signed 990. After board members review the final 990,

Pt VI, Line 11B

A formal bote for ratification of the filing of the 990 or for

Pt VI, Line 11B

Instructions related to amending the 990 will be held at the next

Pt VI, Line 11B

BOARD MEETING.

Pt VI, Line 19

The organization's governing documents and financial statements are

Pt VI, Line 19

Available on request at the organization's office.

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IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO GUARANTEE THE FUTURE OF SYMPHONIC MUSIC IN THE GRAND VALLEY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10GRAND JUNCTION SYMPHONY ORCHESTRA
IRS990ScheduleI/RecipientTable/RecipientEIN0840759502
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0CONTRIBUTIONS MADE BY THE GJSO FOUNDATION TO THE GJSO ARE ESTABLISHED BY THE
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt2STATEMENT WAS WRITTEN BY A THIRD-PARTY CONSULTANT AND APPROVED BY THE GJSO
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt3FOUNDATION BOARD OF DIRECTORS. THE THIRD-PARTY CONSULTANT PROPOSES THE ANNUAL
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt4CONTRIBUTIONS FROM THE GJSO FOUNDATION TO THE GJSO BASED ON CERTAIN
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt5INVESTMENT POLICY STATMENT. THE PROPOSED CONTRIBUTIONS ARE MODIFIED AND APPROVED
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt6OR DISAPPROVED WITHOUT MODIFICATION BY THE GJSO FOUNDATION BOARD OF DIRECTORS.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt7ONLY TWO MEMBERS AND THE TREASURER PF THE GJSO BOARD OF DIRECTORS ARE MEMBERS
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt8OF THE GJSO FOUNDATION BOARD OF DIRECTORS PER BYLAWS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt I Line 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE 990 IS SENT TO THE BOARD TREASURER FOR APPROVAL AND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SIGNATURE PRIOR TO THE FILING DEADLINE. ALL BOARD MEMBERS ARE SENT A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPY OF THE FILED AND SIGNED 990. AFTER BOARD MEMBERS REVIEW THE FINAL 990,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A FORMAL BOTE FOR RATIFICATION OF THE FILING OF THE 990 OR FOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INSTRUCTIONS RELATED TO AMENDING THE 990 WILL BE HELD AT THE NEXT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE ON REQUEST AT THE ORGANIZATION'S OFFICE.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 19
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10GRAND JUNCTION SYMPHONY ORCHESTRA
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PERFORM CONCERTS OF SYMPHONIC MUSIC
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IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
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IRS990ScheduleR/SharingOfFacilitiesInd0true
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IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0BOOK
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10GRAND JUNCTION SYMPHONY ORCHESTRA
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IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt022316
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0779402
IRS990/TotalProgramServiceExpensesAmt021016
IRS990/TotalRevenueGrp/ExclusionAmt0104725
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0159464
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.50$0.00$2.50$0.15$0.09$0.06
2024Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$0.26$0.08$0.18
2023Detailed filing. Detailed filing data is available for this year.$2.02$0.02$2.00$0.19$0.08$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$0.22$0.06$0.16
2021Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.88$0.12$0.76
2020Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.12$0.04$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.14$0.05$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.16$0.04$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.09$0.04$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.05$0.04$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.04$0.03$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.16$0.02$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.00$0.64$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$0.03