Civic Intelligence

Albany Symphony Association Inc.

990 • Fiscal year 2014 • EIN 23-7036243

Jul 01, 2013 to Jun 30, 2014 • Filed on Dec 15, 2014

PO Box 7006531708

(229) 430-8933

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.84x

Higher debt load relative to assets than 93% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

81st percentile

0.10x

Higher debt load relative to revenue than 81% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

30th percentile

-5.0%

Higher net margin than 30% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

93rd percentile

$54,215

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 15.3% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

15th percentile

-29%

Faster asset growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • <$500k 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

Down

$41,594

Down $17,187 (-29%) from 2013

Net Assets

Down

$6,452

Down $17,588 (-73%) from 2013

Liabilities

Up

$35,142

Up $401 (+1.2%) from 2013

Revenue

$355,056

No earlier filing loaded for comparison.

Expenses

Down

$372,644

Down $7,501 (-2.0%) from 2013

Net Income

-$17,588

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$0-$1.0MAssets 2011: $32,196Liabilities 2011: $66,373Net Assets 2011: -$34,1772011Assets 2012: $7,264Liabilities 2012: $35,399Net Assets 2012: -$28,1352012Assets 2013: $58,781Liabilities 2013: $34,741Net Assets 2013: $24,0402013Assets 2014: $41,594Liabilities 2014: $35,142Net Assets 2014: $6,4522014Assets 2015: $9,208Liabilities 2015: $50,634Net Assets 2015: -$41,4262015Assets 2016: $9,391Liabilities 2016: $122,058Net Assets 2016: -$112,6672016Assets 2017: $2,817,533Liabilities 2017: $3,004Net Assets 2017: $2,814,5292017Assets 2018: $273,867Liabilities 2018: $2,748Net Assets 2018: $271,1192018Assets 2019: $171,995Liabilities 2019: $3,672Net Assets 2019: $168,3232019Assets 2020: $191,512Liabilities 2020: $28,629Net Assets 2020: $162,8832020Assets 2021: $212,129Liabilities 2021: $27,310Net Assets 2021: $184,8192021Assets 2022: $270,085Liabilities 2022: $2,663Net Assets 2022: $267,4222022Assets 2023: $261,456Liabilities 2023: $10,017Net Assets 2023: $251,4392023

Highlighted filing

2014

Assets$41,594
Liabilities$35,142
Net Assets$6,452

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2011: $329,3182011Expenses 2012: $289,7092012Expenses 2013: $380,1452013Revenue 2014: $355,056Expenses 2014: $372,644Net Income 2014: -$17,5882014Revenue 2015: $210,374Expenses 2015: $258,252Net Income 2015: -$47,8782015Revenue 2016: $212,849Expenses 2016: $284,090Net Income 2016: -$71,2412016Revenue 2017: $3,235,571Expenses 2017: $308,375Net Income 2017: $2,927,1962017Revenue 2018: $168,830Expenses 2018: $2,712,240Net Income 2018: -$2,543,4102018Revenue 2019: $238,474Expenses 2019: $341,270Net Income 2019: -$102,7962019Revenue 2020: $261,038Expenses 2020: $266,478Net Income 2020: -$5,4402020Revenue 2021: $211,555Expenses 2021: $189,619Net Income 2021: $21,9362021Revenue 2022: $433,120Expenses 2022: $350,517Net Income 2022: $82,6032022Revenue 2023: $386,446Expenses 2023: $412,077Net Income 2023: -$25,6312023

Highlighted filing

2014

Revenue$355,056
Expenses$372,644
Net Income-$17,588
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Dec 15, 2014
Return Version
2013v3.0
Gross Receipts
$367,407
Mission and Program Overview

Mission

The mission of the albany symphony association is to enrich the quality of life in southwest georgia by providing and promoting symphonic music through the organization, development, and support of a symphony orchestra and related educational, artistic, and cultural activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$53,144$36,842▼ $16,302
Rtn Earn Endowment Incm Other Fnds$24,040$6,452▼ $17,588
Accounts Receivable$4,125$3,240▼ $885
Land, Buildings, and Equipment, Net$1,512$1,512→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$58,781$41,594▼ $17,187
Liabilities
Unsecured Notes Loans Payable$33,445$33,533▲ $88
Accounts Payable and Accrued Expenses$1,296$1,609▲ $313
Total Liabilities$34,741$35,142▲ $401
Net Assets / Fund Balance
Total Net Assets Fund Balance$24,040$6,452▼ $17,588
Total Liabilities and Net Assets / Fund Balance$58,781$41,594▼ $17,187

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,512$15,191$16,703
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Claire Fox HillardMusic DirectorFT$54,215$54,215
Lark LedbetterExecutive DirectorFT$41,000$41,000
Christina ReynoldsAssistantFT$2,983$2,983

Board Members and Trustees

NameTitle
Holland WrightPast-president
Jim BullionPresident
Tim McleanVice- President
Amanda LatonaBoard of Directors
Banks HaleyBoard of Directors
Bradley WinnBoard of Directors
Dr Michael SatchellBoard of Directors
Fred SharpeBoard of Directors
Greg FullertonBoard of Directors
Jane WillsonBoard of Directors
Jay SharpeBoard of Directors
Lynn KennedyBoard of Directors
Paul Peach MdBoard of Directors
Ripley BellBoard of Directors
Susan GreeneBoard of Directors
Sylvia BerryBoard of Directors
Tiffany WinnBoard of Directors
Van YieldingBoard of Directors
Diane CunninghamMember At-large
Julian PriceMember At-large
Anne StokesSecretary
Richard BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$259,024
Program Service Revenue
$58,680
Investment Income
$0
Other Revenue
$37,352
All Other Contributions
$205,351
Change in Net Assets
$-17,588
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$266,463
Salaries, Compensation, and Employee Benefits$106,181
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$205,395--$205,395
Current Officers, Directors, Trustees, and Key Employees$52,100$41,000-$93,100
Advertising-$17,671-$17,671
Payroll Taxes-$7,235-$7,235
Office Expenses-$6,478-$6,478
Other Salaries and Wages-$5,846-$5,846
Other Expenses$4,811$12,046-$4,811
Fees for Services Accounting-$3,844-$3,844
Interest-$2,429-$2,429
Occupancy$1,500--$1,500
Information Technology-$808-$808
Insurance-$519-$519
Travel$68--$68
Total Functional Expenses$274,768$97,876$0$372,644
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$37,523
Fundraising Direct Expenses$12,351
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$37,523$37,523$7,183$30,340
Total Events$37,523$37,523$12,351$25,172
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
Backup withholding compliance
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

Governance Explanations

Form 990, Part VI, Section B, Line 11

The return is presented to the executive board prior to filing the return.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are available to the public by contacting the albany symphony association office.

Filing and Contact Details

Filer

EIN
23-7036243
Phone
2294308933

Signing Officer

Name
Jim Bullion
Title
President
Phone
2294308933
Signed
2014-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Bullion
Formed
1969
Legal Domicile
Ga
Voting Board Members
22
Independent Board Members
22
Employees
3
Volunteers
35

Preparer

Preparer
John H Mcduffie
Phone
2294463600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract labor: program service expenses 205,395. Management and general expenses 0. Fundraising expenses 0. Total expenses 205,395.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE- PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt5PAST-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER AT-LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER AT-LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt22MUSIC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24ASSISTANT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt026673
IRS990/FundraisingDirectExpensesAmt012351
IRS990/FundraisingGrossIncomeAmt037523
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GovernmentGrantsAmt027000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0367407
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0808
IRS990/InformationTechnologyGrp/TotalAmt0808
IRS990/InsuranceGrp/ManagementAndGeneralAmt0519
IRS990/InsuranceGrp/TotalAmt0519
IRS990/InterestGrp/ManagementAndGeneralAmt02429
IRS990/InterestGrp/TotalAmt02429
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt075
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt015191
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01512
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01512
IRS990/LandBldgEquipCostOrOtherBssAmt016703
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE ALBANY SYMPHONY ASSOCIATION IS TO ENRICH THE QUALITY OF LIFE IN SOUTHWEST GEORGIA BY PROVIDING AND PROMOTING SYMPHONIC MUSIC THROUGH THE ORGANIZATION, DEVELOPMENT, AND SUPPORT OF A SYMPHONY ORCHESTRA AND RELATED EDUCATIONAL, ARTISTIC, AND CULTURAL ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt024040
IRS990/NetAssetsOrFundBalancesEOYAmt06452
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt025172
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt025172
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01500
IRS990/OccupancyGrp/TotalAmt01500
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06478
IRS990/OfficeExpensesGrp/TotalAmt06478
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1TECHNICAL EXPENSE
IRS990/OtherExpensesGrp/Desc2MUSIC EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012046
IRS990/OtherExpensesGrp/ProgramServicesAmt01768
IRS990/OtherExpensesGrp/ProgramServicesAmt19126
IRS990/OtherExpensesGrp/ProgramServicesAmt24811
IRS990/OtherExpensesGrp/TotalAmt013814
IRS990/OtherExpensesGrp/TotalAmt19126
IRS990/OtherExpensesGrp/TotalAmt24811
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/Desc0PROGRAM AD
IRS990/OtherRevenueMiscGrp/ExclusionAmt012180
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012180
IRS990/OtherRevenueTotalAmt012180
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05846
IRS990/OtherSalariesAndWagesGrp/TotalAmt05846
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07235
IRS990/PayrollTaxesGrp/TotalAmt07235
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JIM BULLION
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711130
IRS990/ProgramServiceRevenueGrp/BusinessCd1711130
IRS990/ProgramServiceRevenueGrp/BusinessCd2711130
IRS990/ProgramServiceRevenueGrp/Desc0SUBSCRIPTION CONCERTS
IRS990/ProgramServiceRevenueGrp/Desc1PRIVATE EVENTS
IRS990/ProgramServiceRevenueGrp/Desc2CONDUCTOR'S CIRCLE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt031477
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12660
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt031477
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt124543
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22660
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt024543
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ALBANY SYMPHONY ORCHESTRA IS A COMMUNITY ORCHESTRA THAT PRESENTS CONCERTS TO THE PUBLIC, CIVIC ORGANIZATIONS, AND AREA SCHOOLS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0242317
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt034137
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ALBANY SYMPHONY ORCHESTRA CONTRACTS WITH PRIVATE GROUPS TO PROVIDE MUSICIANS FOR EVENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt023981
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0338326
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt017
IRS990/PYOtherExpensesAmt0273464
IRS990/PYOtherRevenueAmt033646
IRS990/PYProgramServiceRevenueAmt060331
IRS990/PYRevenuesLessExpensesAmt052175
IRS990/PYSalariesCompEmpBnftPaidAmt0106681
IRS990/PYTotalExpensesAmt0380145
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0432320
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-17588
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt024040
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06452
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0259024
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0338326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0245243
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0254205
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0166325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01263123
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.26$0.01$0.25$0.39$0.41$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.43$0.35$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.03$0.18$0.21$0.19$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.19$0.03$0.16$0.26$0.27$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.24$0.34$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.17$2.71$2.54
2017Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.81$3.24$0.31$2.93
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.12$0.11$0.21$0.28$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.05$0.04$0.21$0.26$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.01$0.36$0.37$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.03$0.02$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.04$0.03$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.07$0.03$0.33