Civic Intelligence

Timpanogos Symphony Orchestra

990EZ • Fiscal year 2023 • EIN 27-3742256

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 01, 2023

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

85th percentile

0.23x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

84th percentile

0.12x

Higher debt load relative to revenue than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

21st percentile

-18%

Higher net margin than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

31st percentile

-10%

Faster asset growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

49th percentile

3.4%

Faster revenue growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$85,663

Down $10,022 (-10%) from 2022

Net Assets

Down

$66,349

Down $28,612 (-30%) from 2022

Liabilities

Up

$19,314

Up $18,590 (+2568%) from 2022

Revenue

Up

$155,188

Up $5,164 (+3.4%) from 2022

Expenses

Up

$182,540

Up $74,939 (+70%) from 2022

Net Income

Down

-$27,352

Down $69,775 (-164%) from 2022

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

2023

Assets$85,663
Liabilities$19,314
Net Assets$66,349

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

2023

Revenue$155,188
Expenses$182,540
Net Income-$27,352
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 1, 2023
Return Version
2022v5.0
Gross Receipts
$155,188
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.

Program Services

DescriptionGrantsExpenses
THE TSO PERFORMED 10 CONCERTS IN THE 2022-23 SEASON. WE STARTED WITH "KUDOS TO OUR OWN" AT TIMBERLINE HIGH SCHOOL IN SEPTEMBER OF 2022. THIS CONCERT FEATURED SOLOISTS FROM OUR VERY OWN ORCHESTRA. NEXT WAS "HALLOWEEN AT HOGWARTS" AT OREM LIBRARY HALL. OUR HALLOWEEN FAMILY FRIENDLY CONCERT ARE ALWAYS VERY POPULAR AND BOTH NIGHTS WE SOLD OUT IN DECEMBER WE PERFORMED AT THE NOORDA CENTER FOR THE PERFORMING ARTS AT UVU WITH THE UVU CHOIR, WHICH WAS ALSO SOLD OUT. IN FEBRUARY WE HELD OUR VERY POPULAR "TCHAIKOVSKY VIOLIN CONCERTO" AT OREM HIGH SCHOOL. MARCH WAS OUR "ASPIRING MUSICIAN CONCERT." THIS IS A CONCERT WHERE LOCAL YOUTH AND YOUNG ADULTS COMPETE FOR 6 SOLOISTS SPOTS TO PERFORM WITH THE ORCHESTRA. OUR LAST CONCERT WAS "ALL GERSHWIN" PERFORMED AT TIMPOANOGOS HIGH SCHOOL AND A WONDERFUL END TO THE SEASON-$105,189
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN PEWPresidentPT$0--
DEAN LUNDBERGVice Preside-$0--
HEIDI RODEBACKSecretary-$0--
MICHAEL LAUDIETreasurer-$0--
BRENT BUTLERDirector-$0--
SCOTT DICKSONDirector-$0--
HEIDI DICKSONDirector-$0--
SPENCER STEVENSDirector-$0--
CHRISTIAN LUNDBERGDirector-$0--
DOUG PEWDirector-$0--
DON SHERWOODDirector-$0--
EMILY SPENCERDirector-$0--
NEIL WHITAKERDirector-$0--
SARAH MCCANNOrchestra MaPT$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
John Pew
Title
President
Phone
8012102466
Signed
2023-11-01

Preparer

Firm
Drilldown Solution
Address
1112 E 300 N STE 101, AMERICAN FORK, UT 84003
Preparer
Edward Gabriel CPA
Phone
8012258474
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expense 585 parking and travel 686 venue insurance 677 board expenses 5,410 dues & subscriptions 8,173 repairs & maintenance 2,340 supplies 282 taxes & licenses 768 telephone 227 website 930 finance charges 1,165 adjudicator fees 1,990 after concert receptions 602 artist fees 7,670 misc concert production 1,439 gifts and awards 555 instrument expense 9,744 lectures 60 music costs 17,056 orchestra dinners 3,612 programs 4,717 venue expenses 14,660 rehearsal space rental 215 development expenses 4,330 photography 215 marketing & publicity 39,902 membership expenses 241 total 128,251

Form 990-ez, Part I, Line 20

Prior period adjustment -1,261

Form 990-ez, Part II, Line 24

Miscellaneous receivables 75 183 sales tax refund 1,075 1,508 total 1,150 1,691

Form 990-ez, Part II, Line 26

Credit cards 325 0 other payables 0 0 restricted funds 0 0 ukranian support 399 0 payroll liability 0 4,364 unearned revenue 0 14,950

Form 990-ez, Part III

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.

Form 990-ez, Part III, Line 28

The tso performed 10 concerts in the 2022-23 season. We started with "kudos to our own" at timberline high school in september of 2022. This concert featured soloists from our very own orchestra. Next was "halloween at hogwarts" at orem library hall. Our halloween family friendly concert are always very popular and both nights we sold out in december we performed at the noorda center for the performing arts at uvu with the uvu choir, which was also sold out. In february we held our very popular "tchaikovsky violin concerto" at orem high school. March was our "aspiring musician concert." this is a concert where local youth and young adults compete for 6 soloists spots to perform with the orchestra. Our last concert was "all gershwin" performed at timpoanogos high school and a wonderful end to the season

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 585 PARKING AND TRAVEL 686 VENUE INSURANCE 677 BOARD EXPENSES 5,410 DUES & SUBSCRIPTIONS 8,173 REPAIRS & MAINTENANCE 2,340 SUPPLIES 282 TAXES & LICENSES 768 TELEPHONE 227 WEBSITE 930 FINANCE CHARGES 1,165 ADJUDICATOR FEES 1,990 AFTER CONCERT RECEPTIONS 602 ARTIST FEES 7,670 MISC CONCERT PRODUCTION 1,439 GIFTS AND AWARDS 555 INSTRUMENT EXPENSE 9,744 LECTURES 60 MUSIC COSTS 17,056 ORCHESTRA DINNERS 3,612 PROGRAMS 4,717 VENUE EXPENSES 14,660 REHEARSAL SPACE RENTAL 215 DEVELOPMENT EXPENSES 4,330 PHOTOGRAPHY 215 MARKETING & PUBLICITY 39,902 MEMBERSHIP EXPENSES 241 TOTAL 128,251
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CREDIT CARDS 325 0 OTHER PAYABLES 0 0 RESTRICTED FUNDS 0 0 UKRANIAN SUPPORT 399 0 PAYROLL LIABILITY 0 4,364 UNEARNED REVENUE 0 14,950
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUR 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE TSO PERFORMED 10 CONCERTS IN THE 2022-23 SEASON. WE STARTED WITH "KUDOS TO OUR OWN" AT TIMBERLINE HIGH SCHOOL IN SEPTEMBER OF 2022. THIS CONCERT FEATURED SOLOISTS FROM OUR VERY OWN ORCHESTRA. NEXT WAS "HALLOWEEN AT HOGWARTS" AT OREM LIBRARY HALL. OUR HALLOWEEN FAMILY FRIENDLY CONCERT ARE ALWAYS VERY POPULAR AND BOTH NIGHTS WE SOLD OUT IN DECEMBER WE PERFORMED AT THE NOORDA CENTER FOR THE PERFORMING ARTS AT UVU WITH THE UVU CHOIR, WHICH WAS ALSO SOLD OUT. IN FEBRUARY WE HELD OUR VERY POPULAR "TCHAIKOVSKY VIOLIN CONCERTO" AT OREM HIGH SCHOOL. MARCH WAS OUR "ASPIRING MUSICIAN CONCERT." THIS IS A CONCERT WHERE LOCAL YOUTH AND YOUNG ADULTS COMPETE FOR 6 SOLOISTS SPOTS TO PERFORM WITH THE ORCHESTRA. OUR LAST CONCERT WAS "ALL GERSHWIN" PERFORMED AT TIMPOANOGOS HIGH SCHOOL AND A WONDERFUL END TO THE SEASON
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
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
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ReturnHeader/TaxYr02022

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