Civic Intelligence

Timpanogos Symphony Orchestra

990EZ • Fiscal year 2021 • EIN 27-3742256

Jul 01, 2020 to Jun 30, 2021 • Filed on Dec 23, 2021

PO Box 1103American Fork, UT 84003

(801) 210-2466

Siviq Scores

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

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

77th percentile

0.08x

Higher debt load relative to revenue than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

74th percentile

29%

Higher net margin than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$19,500

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 18.8% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

91st percentile

131%

Faster asset growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

28th percentile

-25%

Faster revenue growth than 28% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$60,586

Up $34,327 (+131%) from 2020

Net Assets

Up

$52,532

Up $30,506 (+138%) from 2020

Liabilities

Up

$8,054

Up $3,821 (+90%) from 2020

Revenue

Down

$103,646

Down $34,858 (-25%) from 2020

Expenses

Down

$73,140

Down $74,454 (-50%) from 2020

Net Income

Up

$30,506

Up $39,596 (+436%) from 2020

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2020: $26,259Liabilities 2020: $4,233Net Assets 2020: $22,0262020Assets 2021: $60,586Liabilities 2021: $8,054Net Assets 2021: $52,5322021Assets 2022: $95,685Liabilities 2022: $724Net Assets 2022: $94,9612022Assets 2023: $85,663Liabilities 2023: $19,314Net Assets 2023: $66,3492023Assets 2024: $94,299Liabilities 2024: $6,991Net Assets 2024: $87,3082024Assets 2025: $79,133Liabilities 2025: $4,610Net Assets 2025: $74,5232025

Highlighted filing

2021

Assets$60,586
Liabilities$8,054
Net Assets$52,532

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2020: $138,504Expenses 2020: $147,594Net Income 2020: -$9,0902020Revenue 2021: $103,646Expenses 2021: $73,140Net Income 2021: $30,5062021Revenue 2022: $150,024Expenses 2022: $107,601Net Income 2022: $42,4232022Revenue 2023: $155,188Expenses 2023: $182,540Net Income 2023: -$27,3522023Revenue 2024: $216,086Expenses 2024: $195,127Net Income 2024: $20,9592024Revenue 2025: $183,059Expenses 2025: $195,782Net Income 2025: -$12,7232025

Highlighted filing

2021

Revenue$103,646
Expenses$73,140
Net Income$30,506
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 23, 2021
Return Version
2020v4.0
Gross Receipts
$103,646
Mission and Program Overview

Mission

Our mission as the timpanogos symphony orchestra (tso) is to present high- caliber performances which inspire musicians and audiences alike, to nurture understanding and appreciation of symphonic music, and to enrich the cultural life of the residents of utah while creating community.

Our mission as the timpanogos symphony orchestra (tso) is to inspire audiences with high-caliber performances while nurturing the love of symphonic music and enriching and creating community. For ten seasons, our 75-member, audition-only, community orchestra has enjoyed enthusiastic support from both musicians and audiences alike. We continually strive to expand our audiences and influence through educational programs in title 1 schools and int he wider community.

Program Services

DescriptionGrantsExpenses
THE TSO STAGED FIVE CONCERT SETS DURING ITS 2020-21 CONCERT SEASON. BECAUSE OF HEALTH CONCERNS AND COVID-19, WE HAD TO ADAPT FROM OUR NORMAL CONCERT SEASON TO ACCOMPLISH OUR MISSION OF SHARING HIGH QUALITY MUSIC IN A UNIQUE HEALTH-CONSCIENTIOUS SETTING. THIS INCLUDED PERFORMING AN OUTDOOR CONCERT, AN ENTIRELY VIRTUAL CHRISTMAS CONCERT, BROADCASTING OTHER CONCERTS VIRTUALLY, AND ACCOMODATING REDUCED AND SOCIALLY DISTANCED AUDIENCES. WE SHARED THE STAGE WITH VIOLINST MADELINE ADKINS. WE CELEBRATED BEETHOVEN'S 250TH BIRTHDAY PERFORMING WITH JENNY OAKS BAKER AND THE BAKER FAMILY FOUR. AND WE HELD OUR BIENNIAL ASPIRING MUSICIANS CONCERT WHERE WE PERFORMED CONCERTOS WITH SEVEN YOUTH TO WHOM WE GAVE EDUCATIONAL SCHOLARSHIPS. MORE THAN 5,100 COMMUNITY MEMBERS ENJOYED TSO'S PROGRAMMING IN PERSON OR VIRTUALLY OVER THE SEASON.-$61,008
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SARAH MCCANNOrchestra MaPT$19,500-$19,500
BRENT BUTLERPresidentPT$0--
DEAN LUNDQUISTVice Preside-$0--
ALEXIS SMERDONSecretary-$0--
MICHAEL LAUDIETreasurer-$0--
JOHN PEWExecutive DiPT$0--
PAM BODTCHERDirector-$0--
TOVA LEIGH-CHOATEDirectorPT$0--
SPENCER STEVENSDirector-$0--
RANDY MORRISDirector-$0--
Filing and Contact Details

Filer

Filer Name
Timpanogos Symphony Orchestra
EIN
27-3742256
Phone
8012102466
Address
PO BOX 1103, AMERICAN FORK, UT 84003

Signing Officer

Name
Brent Butler
Title
President
Phone
8012102466
Signed
2021-12-23

Preparer

Firm
Drilldown Solution
Address
5132 N 300 W 200, PROVO, UT 84604
Preparer
Michael Laudie CPA
Phone
8012258474
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other revenue 632 misc income 75 total 707

Form 990-ez, Part I, Line 16

Expenses office 316 travel 314 interest 687 insurance 1,062 board expenses 1,179 meals & entertainment 118 po box 217 postage 46 dues & subscriptions 5,796 repairs & maintenance 73 supplies 224 taxes & licenses 333 telephone 198 website 315 finance charges 523 artist fees 4,500 misc concert production 330 gifts and awards 156 instrument expense 1,841 music costs 1,378 orchestra dinners 317 production expense 7,655 programs 345 venue expenses 10,980 development expenses 55 marketing & publicity 1,401 membership expenses 1,036 education expenses 2,960 miscellaneous 165 total 44,520

Form 990-ez, Part II, Line 24

Miscellaneous receivables 85 75 sales tax refund 0 761 total 85 836

Form 990-ez, Part II, Line 26

Credit cards 4,233 1,249 other payables 0 1,205 restricted funds 0 5,600

Form 990-ez, Part III

Our mission as the timpanogos symphony orchestra (tso) is to inspire audiences with high-caliber performances while nurturing the love of symphonic music and enriching and creating community. For ten seasons, our 75-member, audition-only, community orchestra has enjoyed enthusiastic support from both musicians and audiences alike. We continually strive to expand our audiences and influence through educational programs in title 1 schools and int he wider community.

Form 990-ez, Part III, Line 28

The tso staged five concert sets during its 2020-21 concert season. Because of health concerns and covid-19, we had to adapt from our normal concert season to accomplish our mission of sharing high quality music in a unique health-conscientious setting. This included performing an outdoor concert, an entirely virtual christmas concert, broadcasting other concerts virtually, and accomodating reduced and socially distanced audiences. We shared the stage with violinst madeline adkins. We celebrated beethoven's 250th birthday performing with jenny oaks baker and the baker family four. And we held our biennial aspiring musicians concert where we performed concertos with seven youth to whom we gave educational scholarships. More than 5,100 community members enjoyed tso's programming in person or virtually over the season.

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

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IRS990EZ/PrimaryExemptPurposeTxt0OUR MISSION AS THE TIMPANOGOS SYMPHONY ORCHESTRA (TSO) IS TO INSPIRE AUDIENCES WITH HIGH-CALIBER PERFORMANCES WHILE NURTURING THE LOVE OF SYMPHONIC MUSIC AND ENRICHING AND CREATING COMMUNITY. FOR TEN SEASONS, OUR 75-MEMBER, AUDITION-ONLY, COMMUNITY ORCHESTRA HAS ENJOYED ENTHUSIASTIC SUPPORT FROM BOTH MUSICIANS AND AUDIENCES ALIKE. WE CONTINUALLY STRIVE TO EXPAND OUR AUDIENCES AND INFLUENCE THROUGH EDUCATIONAL PROGRAMS IN TITLE 1 SCHOOLS AND INT HE WIDER COMMUNITY.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE TSO STAGED FIVE CONCERT SETS DURING ITS 2020-21 CONCERT SEASON. BECAUSE OF HEALTH CONCERNS AND COVID-19, WE HAD TO ADAPT FROM OUR NORMAL CONCERT SEASON TO ACCOMPLISH OUR MISSION OF SHARING HIGH QUALITY MUSIC IN A UNIQUE HEALTH-CONSCIENTIOUS SETTING. THIS INCLUDED PERFORMING AN OUTDOOR CONCERT, AN ENTIRELY VIRTUAL CHRISTMAS CONCERT, BROADCASTING OTHER CONCERTS VIRTUALLY, AND ACCOMODATING REDUCED AND SOCIALLY DISTANCED AUDIENCES. WE SHARED THE STAGE WITH VIOLINST MADELINE ADKINS. WE CELEBRATED BEETHOVEN'S 250TH BIRTHDAY PERFORMING WITH JENNY OAKS BAKER AND THE BAKER FAMILY FOUR. AND WE HELD OUR BIENNIAL ASPIRING MUSICIANS CONCERT WHERE WE PERFORMED CONCERTOS WITH SEVEN YOUTH TO WHOM WE GAVE EDUCATIONAL SCHOLARSHIPS. MORE THAN 5,100 COMMUNITY MEMBERS ENJOYED TSO'S PROGRAMMING IN PERSON OR VIRTUALLY OVER THE SEASON.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER REVENUE 632 MISC INCOME 75 TOTAL 707
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 316 TRAVEL 314 INTEREST 687 INSURANCE 1,062 BOARD EXPENSES 1,179 MEALS & ENTERTAINMENT 118 PO BOX 217 POSTAGE 46 DUES & SUBSCRIPTIONS 5,796 REPAIRS & MAINTENANCE 73 SUPPLIES 224 TAXES & LICENSES 333 TELEPHONE 198 WEBSITE 315 FINANCE CHARGES 523 ARTIST FEES 4,500 MISC CONCERT PRODUCTION 330 GIFTS AND AWARDS 156 INSTRUMENT EXPENSE 1,841 MUSIC COSTS 1,378 ORCHESTRA DINNERS 317 PRODUCTION EXPENSE 7,655 PROGRAMS 345 VENUE EXPENSES 10,980 DEVELOPMENT EXPENSES 55 MARKETING & PUBLICITY 1,401 MEMBERSHIP EXPENSES 1,036 EDUCATION EXPENSES 2,960 MISCELLANEOUS 165 TOTAL 44,520
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MISCELLANEOUS RECEIVABLES 85 75 SALES TAX REFUND 0 761 TOTAL 85 836
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CREDIT CARDS 4,233 1,249 OTHER PAYABLES 0 1,205 RESTRICTED FUNDS 0 5,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUR MISSION AS THE TIMPANOGOS SYMPHONY ORCHESTRA (TSO) IS TO INSPIRE AUDIENCES WITH HIGH-CALIBER PERFORMANCES WHILE NURTURING THE LOVE OF SYMPHONIC MUSIC AND ENRICHING AND CREATING COMMUNITY. FOR TEN SEASONS, OUR 75-MEMBER, AUDITION-ONLY, COMMUNITY ORCHESTRA HAS ENJOYED ENTHUSIASTIC SUPPORT FROM BOTH MUSICIANS AND AUDIENCES ALIKE. WE CONTINUALLY STRIVE TO EXPAND OUR AUDIENCES AND INFLUENCE THROUGH EDUCATIONAL PROGRAMS IN TITLE 1 SCHOOLS AND INT HE WIDER COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE TSO STAGED FIVE CONCERT SETS DURING ITS 2020-21 CONCERT SEASON. BECAUSE OF HEALTH CONCERNS AND COVID-19, WE HAD TO ADAPT FROM OUR NORMAL CONCERT SEASON TO ACCOMPLISH OUR MISSION OF SHARING HIGH QUALITY MUSIC IN A UNIQUE HEALTH-CONSCIENTIOUS SETTING. THIS INCLUDED PERFORMING AN OUTDOOR CONCERT, AN ENTIRELY VIRTUAL CHRISTMAS CONCERT, BROADCASTING OTHER CONCERTS VIRTUALLY, AND ACCOMODATING REDUCED AND SOCIALLY DISTANCED AUDIENCES. WE SHARED THE STAGE WITH VIOLINST MADELINE ADKINS. WE CELEBRATED BEETHOVEN'S 250TH BIRTHDAY PERFORMING WITH JENNY OAKS BAKER AND THE BAKER FAMILY FOUR. AND WE HELD OUR BIENNIAL ASPIRING MUSICIANS CONCERT WHERE WE PERFORMED CONCERTOS WITH SEVEN YOUTH TO WHOM WE GAVE EDUCATIONAL SCHOLARSHIPS. MORE THAN 5,100 COMMUNITY MEMBERS ENJOYED TSO'S PROGRAMMING IN PERSON OR VIRTUALLY OVER THE SEASON.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084604
ReturnHeader/PreparerPersonGrp/PhoneNum08012258474
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL LAUDIE CPA
ReturnHeader/ReturnTs02022-02-25T19:54:12-06:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BUTLER
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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