Civic Intelligence

Federal Way Symphony Orchestra

990 • Fiscal year 2020 • EIN 23-7310860

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 29, 2020

P O Box 4513Federal Way, WA 98063-4513

(253) 252-2693

Siviq Scores

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

Liabilities / Assets

88th percentile

0.52x

Higher debt load relative to assets than 88% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

83rd percentile

0.19x

Higher debt load relative to revenue than 83% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

57th percentile

9.6%

Higher net margin than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

88th percentile

101%

Faster asset growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-37%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$47,112

Up $23,629 (+101%) from 2019

Net Assets

Up

$22,840

Up $12,357 (+118%) from 2019

Liabilities

Up

$24,272

Up $11,272 (+87%) from 2019

Revenue

Down

$125,972

Down $75,142 (-37%) from 2019

Expenses

Down

$113,843

Down $111,848 (-50%) from 2019

Net Income

Up

$12,129

Up $36,706 (+149%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $142,121Liabilities 2011: $0Net Assets 2011: $142,1212011Assets 2012: $171,347Liabilities 2012: $300Net Assets 2012: $171,0472012Assets 2014: $98,399Liabilities 2014: $0Net Assets 2014: $98,3992014Assets 2015: $64,179Liabilities 2015: $0Net Assets 2015: $64,1792015Assets 2016: $18,314Liabilities 2016: $0Net Assets 2016: $18,3142016Assets 2017: $40,616Liabilities 2017: $0Net Assets 2017: $40,6162017Assets 2018: $35,060Liabilities 2018: $0Net Assets 2018: $35,0602018Assets 2019: $23,483Liabilities 2019: $13,000Net Assets 2019: $10,4832019Assets 2020: $47,112Liabilities 2020: $24,272Net Assets 2020: $22,8402020Assets 2022: $40,387Liabilities 2022: $0Net Assets 2022: $40,3872022Assets 2025: $53,738Liabilities 2025: $3,118Net Assets 2025: $50,6202025

Highlighted filing

2020

Assets$47,112
Liabilities$24,272
Net Assets$22,840

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $190,1142011Expenses 2012: $195,5542012Revenue 2014: $130,773Expenses 2014: $201,544Net Income 2014: -$70,7712014Revenue 2015: $162,376Expenses 2015: $196,596Net Income 2015: -$34,2202015Revenue 2016: $155,788Expenses 2016: $201,653Net Income 2016: -$45,8652016Revenue 2017: $194,353Expenses 2017: $172,676Net Income 2017: $21,6772017Revenue 2018: $212,133Expenses 2018: $218,136Net Income 2018: -$6,0032018Revenue 2019: $201,114Expenses 2019: $225,691Net Income 2019: -$24,5772019Revenue 2020: $125,972Expenses 2020: $113,843Net Income 2020: $12,1292020Revenue 2022: $169,390Expenses 2022: $151,485Net Income 2022: $17,9052022Revenue 2025: $184,404Expenses 2025: $151,761Net Income 2025: $32,6432025

Highlighted filing

2020

Revenue$125,972
Expenses$113,843
Net Income$12,129
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 29, 2020
Return Version
2019v5.0
Gross Receipts
$125,972
Mission and Program Overview

Mission

Provide the finest in live symphonic music to entertain, educate, and enrich audiences of all ages to bring high-quality approachable music to the south sound region.

Provide the finest in live symphonic music to entertain, educate, and enrich audiences of all ages in the greater federal way area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$16,713$40,127▲ $23,414
Loans From Officers Directors$13,000$13,000→ $0
Accounts Receivable$6,770$6,985▲ $215
Total Assets$23,483$47,112▲ $23,629
Liabilities
Other Liabilities-$11,272-
Total Liabilities$13,000$24,272▲ $11,272
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,483$22,840▲ $12,357
Total Net Assets Fund Balance$10,483$22,840▲ $12,357
Total Liabilities and Net Assets / Fund Balance$23,483$47,112▲ $23,629

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$53,995-$53,995
Equipment$-53,995$53,995-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jennie HendriePresident
Kathryn MurphyDirector
Luana Joslin-lesterDirector
Martin MooreDirector
RENE' EWINGDirector
Rick KongDirector
Tony PaglioccoDirector
Kathi FerrariPast Preside
Kathi VillaruzSecretary
John GibsonTreasurer
Brandon Jenkins-moakVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$78,675
Program Service Revenue
$47,297
Investment Income
$0
Other Revenue
$0
All Other Contributions
$66,825
Change in Net Assets
$12,129
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$100,055
Salaries, Compensation, and Employee Benefits$13,788
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$54,602--$54,602
Other Salaries and Wages$12,800--$12,800
All Other Expenses$12,412--$12,412
Other Expenses$3,325--$3,325
Advertising$2,109--$2,109
Insurance$1,774--$1,774
Payroll Taxes$988--$988
Depreciation Depletion$228--$228
Total Functional Expenses$113,843$0$0$113,843
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$13,000$13,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$7,632
Payments to Be Reissued$3,640
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by corporate officers before being submitted to the irs.

Form 990, Page 6, Part VI, Line 12C

Corporate officers review the conflict of interest policy annually.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Federal Way Symphony
EIN
23-7310860
Phone
2532522693
Address
P O BOX 4513, FEDERAL WAY, WA 98063-4513

Signing Officer

Name
Jennie Hendrie
Title
President
Phone
2532522693
Signed
2020-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennie Hendrie
Formed
1972
Legal Domicile
Wa
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
30

Preparer

Firm
Hale & Associates Ps
Address
16300 CHRISTENSEN RD STE 320, TUKWILA, WA 98188-3421
Preparer
Mark Hale CPA
Phone
2068350200
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

The federal way symphony presented concerts and program activities

Form 990, Part IX, Line 11G

Artistic personnel 54,602 0 0

Form 990, Part IX, Line 24E

Administrative expenses 2,965 0 0 miscellaneous 2,587 0 0 music 2,464 0 0 printing 2,232 0 0 bank charges 929 0 0 sound & lighting 803 0 0 dues & subscriptions 432 0 0 total 12,412 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference 228

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYMENTS TO BE REISSUED
IRS990ScheduleD/TotalLiabilityAmt011272
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt013000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ORCHESTRA EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt018000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0KATHI FERRARI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt013000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FEDERAL WAY SYMPHONY PRESENTED CONCERTS AND PROGRAM ACTIVITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY CORPORATE OFFICERS BEFORE BEING SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CORPORATE OFFICERS REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ARTISTIC PERSONNEL 54,602 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADMINISTRATIVE EXPENSES 2,965 0 0 MISCELLANEOUS 2,587 0 0 MUSIC 2,464 0 0 PRINTING 2,232 0 0 BANK CHARGES 929 0 0 SOUND & LIGHTING 803 0 0 DUES & SUBSCRIPTIONS 432 0 0 TOTAL 12,412 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE 228
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt023483
IRS990/TotalAssetsEOYAmt047112
IRS990/TotalAssetsGrp/BOYAmt023483
IRS990/TotalAssetsGrp/EOYAmt047112
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt078675
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0113843
IRS990/TotalFunctionalExpensesGrp/TotalAmt0113843
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013000
IRS990/TotalLiabilitiesEOYAmt024272
IRS990/TotalLiabilitiesGrp/BOYAmt013000
IRS990/TotalLiabilitiesGrp/EOYAmt024272
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010483
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt022840
IRS990/TotalOtherProgSrvcExpenseAmt0228
IRS990/TotalProgramServiceExpensesAmt0113843
IRS990/TotalProgramServiceRevenueAmt047297
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt047297
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0125972
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023483
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt047112
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.FEDERALWAYSYMPHONY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIE HENDRIE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02532522693
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FEDERAL WAY SYMPHONY
ReturnHeader/Filer/BusinessNameControlTxt0FEDE
ReturnHeader/Filer/EIN0237310860
ReturnHeader/Filer/PhoneNum02532522693
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 4513
ReturnHeader/Filer/USAddress/CityNm0FEDERAL WAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd0980634513
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId081AD22D2FBD5A822126DA9472F09CBCF79FC416D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId081AD22D2FBD5A822126DA9472F09CBCF79FC416D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.10.98.246
ReturnHeader/FilingSecurityInformation/IPDt02020-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm018:35:43
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475398159
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HALE & ASSOCIATES PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016300 CHRISTENSEN RD STE 320
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TUKWILA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0981883421
ReturnHeader/PreparerPersonGrp/PhoneNum02068350200
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK HALE CPA
ReturnHeader/ReturnTs02020-11-12T18:35:43-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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