Civic Intelligence

River Cities Symphony Orchestra Inc

EIN 31-1557986 • 501(c)3 • Parkersburg, WV

Profile

The purpose of the river cities symphony orchestra is to provide the mid-ohio valley region with high quality orchestral and chamber music concerts to the general public, and educational concerts in area schools.

PO Box 477Parkersburg, WV 26101

www.rcso.info

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

50.38x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

94th percentile

0.81x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

33rd percentile

-7.5%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

86th percentile

46%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

22nd percentile

-37%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$629

Up $199 (+46%) from 2018

Liabilities

Up

$31,688

Up $3,135 (+11%) from 2018

Net Assets

Down

-$31,059

Down $2,936 (-10%) from 2018

Revenue

Down

$38,898

Down $22,869 (-37%) from 2018

Expenses

Down

$41,834

Down $30,992 (-43%) from 2018

Net Income

Up

-$2,936

Up $8,123 (+73%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50KAssets 2011: $13,496Liabilities 2011: $51,284Net Assets 2011: -$37,7882011Assets 2012: $998Liabilities 2012: $34,566Net Assets 2012: -$33,5682012Assets 2013: $864Liabilities 2013: $31,255Net Assets 2013: -$30,3912013Assets 2014: $1,235Liabilities 2014: $29,163Net Assets 2014: -$27,9282014Assets 2015: $353Liabilities 2015: $31,990Net Assets 2015: -$31,6372015Assets 2016: $6,911Liabilities 2016: $29,688Net Assets 2016: -$22,7772016Assets 2017: $4,799Liabilities 2017: $21,863Net Assets 2017: -$17,0642017Assets 2018: $430Liabilities 2018: $28,553Net Assets 2018: -$28,1232018Assets 2019: $629Liabilities 2019: $31,688Net Assets 2019: -$31,0592019

Highlighted filing

2019

Assets$629
Liabilities$31,688
Net Assets-$31,059

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $46,282Expenses 2011: $57,848Net Income 2011: -$11,5662011Revenue 2012: $33,054Expenses 2012: $24,934Net Income 2012: $8,1202012Revenue 2013: $41,055Expenses 2013: $37,778Net Income 2013: $3,2772013Revenue 2014: $50,346Expenses 2014: $47,883Net Income 2014: $2,4632014Revenue 2015: $48,379Expenses 2015: $52,088Net Income 2015: -$3,7092015Revenue 2016: $73,030Expenses 2016: $64,120Net Income 2016: $8,9102016Revenue 2017: $71,736Expenses 2017: $66,023Net Income 2017: $5,7132017Revenue 2018: $61,767Expenses 2018: $72,826Net Income 2018: -$11,0592018Revenue 2019: $38,898Expenses 2019: $41,834Net Income 2019: -$2,9362019

Highlighted filing

2019

Revenue$38,898
Expenses$41,834
Net Income-$2,936

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 14, 2019
Return Version
2018v3.2
Gross Receipts
$40,115
Mission and Program Overview

Mission

The purpose of the river cities symphony orchestra is to provide the mid-ohio valley region with high quality orchestral and chamber music concerts to the general public, and educational concerts in area schools.

Program Services

DescriptionGrantsExpenses
THE RIVER CITIES SYMPHONY ORCHESTRA PRESENTED TWO ORCHESTRAL PROGRAMS TO THE GENERAL PUBLIC AND AN EDUCATIONAL CONCERT TO AN ALL STUDENT AUDIENCE FROM AREA SCHOOLS. THE PROGRAMS TO THE GENERAL PUBLIC HAD A TOTAL AUDIENCE OF ABOUT 500, WHILE THE STUDENT CONCERT AUDIENCE NUMBERED ABOUT 550.-$41,834
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MAC LICHTERMANPresident-$0--
SARAH JALBERTSecretary-$0--
GENE BARRYTreasurer-$0--
CHARLES KURNERDirector-$0--
GEOFFREY COWARDDirector-$0--
PENNY PETTIGREWDirector-$0--
ALAN CAMPBELLDirector-$0--
AMELIA DICKSDirector-$0--
RAQUEL RAVAGLIOLIDirector-$0--
Filing and Contact Details

Filer

Filer Name
River Cities Symphony Orchestra Inc
EIN
31-1557986
Address
PO BOX 477, PARKERSBURG, WV 26101

Signing Officer

Name
Mac Lichterman
Title
President
Signed
2019-11-14

Preparer

Firm
TENNEY & ASSOCIATES LLC CPA'S
Address
1101 ROSEMAR RD SUITE B, PARKERSBURG, WV 26105-8287
Preparer
David B Tenney CPA
Phone
3044289711
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 824 interest expense 1,231 insurance 549 lodging - musicians 2,592 hall rental 4,540 box office 1,407 music & library service 100 recording expense 250 concert receptions 537 miscellaneous concert 391 miscellaneous g&a 338 total 12,759

Form 990-ez, Part II, Line 24

Accounts receivable 430 490 total 430 490

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 4,509 5,147 deferred revenue 1,000 1,300 bank overdraft 22 0 loans from officers 6,500 6,500 mortgage and other notes payable 16,522 18,741

Form 990-ez, Part III

The purpose of the river cities symphony orchestra is to provide the mid-ohio valley region with high quality orchestral and chamber music concerts to the general public, and educational concerts in area schools.

Form 990-ez, Part III, Line 28

The river cities symphony orchestra presented two orchestral programs to the general public and an educational concert to an all student audience from area schools. The programs to the general public had a total audience of about 500, while the student concert audience numbered about 550.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE RIVER CITIES SYMPHONY ORCHESTRA IS TO PROVIDE THE MID-OHIO VALLEY REGION WITH HIGH QUALITY ORCHESTRAL AND CHAMBER MUSIC CONCERTS TO THE GENERAL PUBLIC, AND EDUCATIONAL CONCERTS IN AREA SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE RIVER CITIES SYMPHONY ORCHESTRA PRESENTED TWO ORCHESTRAL PROGRAMS TO THE GENERAL PUBLIC AND AN EDUCATIONAL CONCERT TO AN ALL STUDENT AUDIENCE FROM AREA SCHOOLS. THE PROGRAMS TO THE GENERAL PUBLIC HAD A TOTAL AUDIENCE OF ABOUT 500, WHILE THE STUDENT CONCERT AUDIENCE NUMBERED ABOUT 550.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/TaxPeriodEndDt02019-06-30
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