Civic Intelligence

West Virginia Symphony Orchestra Foundation Inc.

990 • Fiscal year 2017 • EIN 20-5635406

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 12, 2017

Organization ProfileWVSYMPHONY.ORG
110 Wyoming StreetCharleston, WV 25302

(304) 957-9876

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

7th percentile

0.00x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

93rd percentile

59%

Higher net margin than 93% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

79th percentile

17%

Faster asset growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

94th percentile

120%

Faster revenue growth than 94% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets7th percentile

Assets

Up

$6,770,478

Up $965,641 (+17%) from 2016

Net Assets

Up

$6,770,478

Up $965,641 (+17%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue7th percentileNet Margin93rd percentile

Revenue

Up

$759,218

Up $413,558 (+120%) from 2016

Expenses

Down

$308,995

Down $161,139 (-34%) from 2016

Net Income

Up

$450,223

Up $574,697 (+462%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$15M$10M$5.0M$0Assets 2010: $6,961,971Liabilities 2010: $851,126Net Assets 2010: $6,110,8452010Assets 2011: $6,864,057Liabilities 2011: $577,239Net Assets 2011: $6,286,8182011Assets 2012: $6,522,745Liabilities 2012: $478,502Net Assets 2012: $6,044,2432012Assets 2013: $6,572,691Liabilities 2013: $420,406Net Assets 2013: $6,152,2852013Assets 2014: $6,874,696Liabilities 2014: $0Net Assets 2014: $6,874,6962014Assets 2015: $6,209,987Liabilities 2015: $0Net Assets 2015: $6,209,9872015Assets 2016: $5,804,837Liabilities 2016: $0Net Assets 2016: $5,804,8372016Assets 2017: $6,770,478Liabilities 2017: $0Net Assets 2017: $6,770,4782017Assets 2018: $8,806,812Liabilities 2018: $0Net Assets 2018: $8,806,8122018Assets 2019: $9,314,671Liabilities 2019: $0Net Assets 2019: $9,314,6712019Assets 2020: $8,615,894Liabilities 2020: $0Net Assets 2020: $8,615,8942020Assets 2021: $11,308,730Liabilities 2021: $0Net Assets 2021: $11,308,7302021Assets 2022: $10,452,993Liabilities 2022: $175,000Net Assets 2022: $10,277,9932022Assets 2023: $11,326,629Liabilities 2023: $65,000Net Assets 2023: $11,261,6292023Assets 2024: $12,554,860Liabilities 2024: $135,000Net Assets 2024: $12,419,8602024Assets 2025: $13,960,017Liabilities 2025: $260,000Net Assets 2025: $13,700,0172025

Highlighted filing

2017

Assets$6,770,478
Liabilities$0
Net Assets$6,770,478
Open 2017 Filing

Operations Trend

Revenue Growth94th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $398,0312010Expenses 2011: $388,9132011Expenses 2012: $273,7732012Expenses 2013: $635,6812013Revenue 2014: $569,010Expenses 2014: $514,378Net Income 2014: $54,6322014Revenue 2015: $421,321Expenses 2015: $824,575Net Income 2015: -$403,2542015Revenue 2016: $345,660Expenses 2016: $470,134Net Income 2016: -$124,4742016Revenue 2017: $759,218Expenses 2017: $308,995Net Income 2017: $450,2232017Revenue 2018: $2,184,061Expenses 2018: $348,959Net Income 2018: $1,835,1022018Revenue 2019: $1,063,109Expenses 2019: $332,191Net Income 2019: $730,9182019Revenue 2020: $157,784Expenses 2020: $360,608Net Income 2020: -$202,8242020Revenue 2021: $348,450Expenses 2021: $129,476Net Income 2021: $218,9742021Revenue 2022: $330,016Expenses 2022: $223,358Net Income 2022: $106,6582022Revenue 2023: $320,503Expenses 2023: $112,526Net Income 2023: $207,9772023Revenue 2024: $383,606Expenses 2024: $296,197Net Income 2024: $87,4092024Revenue 2025: $438,305Expenses 2025: $316,657Net Income 2025: $121,6482025

Highlighted filing

2017

Revenue$759,218
Expenses$308,995
Net Income$450,223
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 12, 2017
Return Version
2016v3.0
Gross Receipts
$1,107,574
Mission and Program Overview

Mission

The west virginia symphony orchestra foundation, inc (the foundation) is a supporting organization, incorporated solely to provide financial support to the west virginia symphony orchestra, inc. The foundation was established to manage permanently restricted endowment contributions (i.e., contributions intended by their donors to benefit the west virginia symphony orchestra, inc. In perpetuity) thereby providing financial assistance to the west virginia symphony orchestra, inc. Through annual distribution based on a percentage of the net fair market value of the foundations total endowment.

The west virginia symphony orchestra foundation, inc. (the foundation) is a supporting organization, incorporated soley to provide financial support to the west virginia symphony orchestra, inc. The foundation was established to manage permanently restricted endowment contributions (i.e., contributions intended by their donors to benefit the west virginia symphony orchestra, inc. In perpetuity) thereby providing financial assistance to the west virginia symphony orchestra, inc. Through annual distributions based on a percentage of the net fair market value of the foundation's total endowment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,287,435$6,210,311▲ $922,876
Pledges and Grants Receivable$515,079$522,971▲ $7,892
Savings and Temporary Cash Investments$2,323$37,196▲ $34,873
Total Assets$5,804,837$6,770,478▲ $965,641
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$5,080,397$5,132,572▲ $52,175
Temporarily Rstr Net Assets$674,314$1,151,846▲ $477,532
Unrestricted Net Assets$50,126$486,060▲ $435,934
Total Net Assets Fund Balance$5,804,837$6,770,478▲ $965,641
Total Liabilities and Net Assets / Fund Balance$5,804,837$6,770,478▲ $965,641

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$5,755,610$94,717▲ $736,478$270,860$6,284,417
2015$6,189,726$46,304▼ $195,693$256,088$5,755,610
2014$6,392,556$65,996▼ $12,501$225,925$6,189,726
2013$5,561,294$114,296▲ $952,225$204,788$6,392,556
2012$5,066,217$43,690▲ $663,490$185,635$5,561,294
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Dan FosterChairman
Cindy McgheeBoard Member
Dan FosterBoard Member
John ElliotBoard Member
Patrick a BondBoard Member
Skip HageboeckBoard Member
Stephen DexterBoard Member
Tom DoverBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$494,718
Program Service Revenue
$0
Investment Income
$264,500
Other Revenue
$0
All Other Contributions
$494,718
Change in Net Assets
$450,223

Audited Revenue Reconciliation

Revenue per Audited Statements
$727,689
Revenue Not Reported on Financial Statements
$31,529
Revenue Not Reported on Form 990
$515,418
Total Revenue per Audited Statements
$1,243,107
Total Revenue per Form 990
$759,218
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$270,860
Other Expenses$38,135
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$270,860--$270,860
Fees for Service Investment Mgmnt Fees-$31,528-$31,528
Office Expenses-$102-$102
Other Expenses-$15-$15
Total Functional Expenses$270,860$38,135$0$308,995

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$308,995
Expenses per Audited Statements$277,466
Total Expenses per Audited Statements$277,466
Expenses Not Reported on Financial Statements$31,529
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
West Virginia Symphony Orchestra IncCharleston, WV501(c)(3)TO PROVIDE SUPPORT TO THE WEST VIRGINIA SYMPHONY ORCHESTRA, INC. IN ACCORDANCE WITH THE FOUNDATION'S STATEMENT OF PRIMARY EXEMPT PURPOSE.$270,860
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
No
Annual disclosure for covered persons
No
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The foundation board members were e-mailed the form 990 and were given a period of time to review the document & make comments to management. All comments & questions were addressed before submitting the return to the irs. However, the board members were not provided a complete copy of the form 990, as the schedule b was omitted. Board members make donations and wish that to be confidential from other board members”

Form 990, Part VI, Section B, Line 12C

“There is an informal process of reviewing board members relationships with other organizations in the community”

Form 990, Part VI, Section C, Line 19

“All documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
West Virginia Symphony Orchestra
EIN
20-5635406
Phone
3049579876
Address
110 WYOMING STREET, CHARLESTON, WV 25302

Signing Officer

Name
John Elliot
Title
Chairman
Phone
3049579876
Signed
2017-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Elliot
Formed
2006
Legal Domicile
Wv
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Gray Griffith & Mays Ac
Address
707 VIRGINIA STREETEASTSUITE 400, CHARLESTON, WV 25301-2711
Preparer
Danny F Blair
Phone
3043459400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process remains unchanged from prior years. The board of directors has delegated the responsibility for oversight of the audit to the finance committee.”

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“TRANSFERS TO AFFILIATES”

Raw XML AppendixShowing 400 of 448 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE WEST VIRGINIA SYMPHONY ORCHESTRA FOUNDATION, INC. (THE FOUNDATION) IS A SUPPORTING ORGANIZATION, INCORPORATED SOLEY TO PROVIDE FINANCIAL SUPPORT TO THE WEST VIRGINIA SYMPHONY ORCHESTRA, INC. THE FOUNDATION WAS ESTABLISHED TO MANAGE PERMANENTLY RESTRICTED ENDOWMENT CONTRIBUTIONS (I.E., CONTRIBUTIONS INTENDED BY THEIR DONORS TO BENEFIT THE WEST VIRGINIA SYMPHONY ORCHESTRA, INC. IN PERPETUITY) THEREBY PROVIDING FINANCIAL ASSISTANCE TO THE WEST VIRGINIA SYMPHONY ORCHESTRA, INC. THROUGH ANNUAL DISTRIBUTIONS BASED ON A PERCENTAGE OF THE NET FAIR MARKET VALUE OF THE FOUNDATION'S TOTAL ENDOWMENT.
IRS990/AllOtherContributionsAmt0494718
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KIM JONES
IRS990/BooksInCareOfDetail/PhoneNum03049579886
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0110 WYOMING STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHARLESTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WV
IRS990/BooksInCareOfDetail/USAddress/ZIPCd025302
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0494718
IRS990/CYGrantsAndSimilarPaidAmt0270860
IRS990/CYInvestmentIncomeAmt0264500
IRS990/CYOtherExpensesAmt038135
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0450223
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0308995
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0759218
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDE SUPPORT TO THE WEST VIRGINIA SYMPHONY ORCHESTRA, INC. IN ACCORDANCE WITH THE FOUNDATION'S STATEMENT OF PRIMARY EXEMPT PURPOSE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0270860
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt031528
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt031528
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0DAN FOSTER
IRS990/Form990PartVIISectionAGrp/PersonNm1CINDY MCGHEE
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN ELLIOT
IRS990/Form990PartVIISectionAGrp/PersonNm3PATRICK A BOND
IRS990/Form990PartVIISectionAGrp/PersonNm4STEPHEN DEXTER
IRS990/Form990PartVIISectionAGrp/PersonNm5DAN FOSTER
IRS990/Form990PartVIISectionAGrp/PersonNm6SKIP HAGEBOECK
IRS990/Form990PartVIISectionAGrp/PersonNm7TOM DOVER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt094584
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0270860
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0270860
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0270860
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0442940
IRS990/GrossReceiptsAmt01107574
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0169916
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0169916
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05287435
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06210311
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0WV
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0348356
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE WEST VIRGINIA SYMPHONY ORCHESTRA FOUNDATION, INC (THE FOUNDATION) IS A SUPPORTING ORGANIZATION, INCORPORATED SOLELY TO PROVIDE FINANCIAL SUPPORT TO THE WEST VIRGINIA SYMPHONY ORCHESTRA, INC. THE FOUNDATION WAS ESTABLISHED TO MANAGE PERMANENTLY RESTRICTED ENDOWMENT CONTRIBUTIONS (I.E., CONTRIBUTIONS INTENDED BY THEIR DONERS TO BENEFIT THE WEST VIRGINIA SYMPHONY ORCHESTRA, INC. IN PERPETUITY) THEREBY PROVIDING FINANCIAL ASSISTANCE TO THE WEST VIRGINIA SYMPHONY ORCHESTRA, INC. THROUGH ANNUAL DISTRIBUTION BASED ON A PERCENTAGE OF THE NET FAIR MARKET VALUE OF THE FOUNDATIONS TOTAL ENDOWMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05804837
IRS990/NetAssetsOrFundBalancesEOYAmt06770478
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt094584
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt094584
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0515418
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0102
IRS990/OfficeExpensesGrp/TotalAmt0102
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06490
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115
IRS990/OtherExpensesGrp/TotalAmt06490
IRS990/OtherExpensesGrp/TotalAmt115
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt05080397
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt05132572
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0515079
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0522971
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN ELLIOT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0222665
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0441458
IRS990/PYInvestmentIncomeAmt0122995
IRS990/PYOtherExpensesAmt028676
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-124474
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0470134
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0345660
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0450223
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02323
IRS990/SavingsAndTempCashInvstGrp/EOYAmt037196
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0494718
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0222665
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0172221
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0284296
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt079447
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01253347
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0169916
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0122995
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0249100
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0285414
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0162990
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0990415
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.55860
IRS990ScheduleA/PublicSupportPY170Pct00.49290
IRS990ScheduleA/PublicSupportTotal170Amt01253347
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0494718
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0222665
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0172221
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0284296
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt079447
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01253347
IRS990ScheduleA/TotalSupportAmt02243762
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt031528
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05755610
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt094717
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt06284417
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0736478
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0270860
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt028639
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt06189726
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt046304
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05755610
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-195693
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0256088
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt030400
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06392556
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt065996
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt06189726
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-12501
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0225925
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt030471
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05561294
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0114296
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06392556
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0952225
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0204788
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt026468
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05066217
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt043690
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05561294
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0663490
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0185635
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt031529
IRS990ScheduleD/ExpensesSubtotalAmt0277466
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt031529
IRS990ScheduleD/InvestmentExpensesNotIncldAmt031529
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0515418
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.82000
IRS990ScheduleD/RevenueNotReportedAmt0515418
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt031529
IRS990ScheduleD/RevenueSubtotalAmt0727689
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TRANSFERS TO AFFILIATES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.18000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0308995
IRS990ScheduleD/TotalRevenuePerForm990Amt0759218
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01243107
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0277466
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0270860
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE SUPPORT TO THE WEST VIRGINIA SYMPHONY ORCHESTRA, INC. IN ACCORDANCE WITH THE FOUNDATION'S STATEMENT OF PRIMARY EXEMPT PURPOSE.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WEST VIRGINIA SYMPHONY ORCHESTRA INC
IRS990ScheduleI/RecipientTable/RecipientEIN0550339426
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 2292
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHARLESTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WV
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd025328
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROVIDE SUPPORT TO THE WEST VIRGINIA SYMPHONY ORCHESTRA, INC. IN ACCORDANCE WITH THE FOUNDATION'S STATEMENT OF PRIMARY EXEMPT PURPOSE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION BOARD MEMBERS WERE E-MAILED THE FORM 990 AND WERE GIVEN A PERIOD OF TIME TO REVIEW THE DOCUMENT & MAKE COMMENTS TO MANAGEMENT. ALL COMMENTS & QUESTIONS WERE ADDRESSED BEFORE SUBMITTING THE RETURN TO THE IRS. HOWEVER, THE BOARD MEMBERS WERE NOT PROVIDED A COMPLETE COPY OF THE FORM 990, AS THE SCHEDULE B WAS OMITTED. BOARD MEMBERS MAKE DONATIONS AND WISH THAT TO BE CONFIDENTIAL FROM OTHER BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS AN INFORMAL PROCESS OF REVIEWING BOARD MEMBERS RELATIONSHIPS WITH OTHER ORGANIZATIONS IN THE COMMUNITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS REMAINS UNCHANGED FROM PRIOR YEARS. THE BOARD OF DIRECTORS HAS DELEGATED THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT TO THE FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WEST VIRGINIA SYMPHONY ORCHESTRA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0550339426
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE SYMPHONIC CONCERTS THROUGHOUT WEST VIRGINIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0SCH A, PART 1, LINE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 2292
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHARLESTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd025328
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0270860
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt05% OF A TRAILING QUARTERLY AVG
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0WEST VIRGINIA SYMPHONY ORCHESTRA INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WV
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0674314
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01151846
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05804837
IRS990/TotalAssetsEOYAmt06770478
IRS990/TotalAssetsGrp/BOYAmt05804837
IRS990/TotalAssetsGrp/EOYAmt06770478
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0494718
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038135
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0270860
IRS990/TotalFunctionalExpensesGrp/TotalAmt0308995
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05804837
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06770478
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0270860
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0169916
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt094584
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0759218
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05804837
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06770478
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,770,478
Liabilities
$0
Net assets
$6,770,478
Revenue
$759,218
Expenses
$308,995
Net income
$450,223
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$14.0$0.26$13.7$0.44$0.32$0.12
2024Detailed filing. Detailed filing data is available for this year.$12.6$0.14$12.4$0.38$0.30$0.09
2023Detailed filing. Detailed filing data is available for this year.$11.3$0.07$11.3$0.32$0.11$0.21
2022Detailed filing. Detailed filing data is available for this year.$10.5$0.18$10.3$0.33$0.22$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$0.00$11.3$0.35$0.13$0.22
2020Detailed filing. Detailed filing data is available for this year.$8.62$0.00$8.62$0.16$0.36$0.20
2019Detailed filing. Detailed filing data is available for this year.$9.31$0.00$9.31$1.06$0.33$0.73
2018Summary only. Only limited summary data is available for this year.$8.81$0.00$8.81$2.18$0.35$1.84
2017Detailed filing. Detailed filing data is available for this year.$6.77$0.00$6.77$0.76$0.31$0.45
2016Detailed filing. Detailed filing data is available for this year.$5.80$0.00$5.80$0.35$0.47$0.12
2015Detailed filing. Detailed filing data is available for this year.$6.21$0.00$6.21$0.42$0.82$0.40
2014Detailed filing. Detailed filing data is available for this year.$6.87$0.00$6.87$0.57$0.51$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.57$0.42$6.15$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.52$0.48$6.04$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.86$0.58$6.29$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.96$0.85$6.11$0.40