Civic Intelligence

Symphony San Jose

EIN 32-0083030 • 501(c)3 • San Jose, CA

Profile

To provide orchestral music performances, educational services, and arts advocacy programs to the greater silicon valley region.

325 S 1st Street No 160San Jose, CA 95113

www.symphonysanjose.org

Siviq Scores

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

Liabilities / Assets

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

55th percentile

0.11x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

66th percentile

14%

Higher net margin than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

50th percentile

3.8%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

92nd percentile

103%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$3,304,964

Down $202,505 (-5.8%) from 2023

Liabilities

Up

$766,886

Up $83,049 (+12%) from 2023

Net Assets

Down

$2,538,078

Down $285,554 (-10%) from 2023

Operations
Liabilities / Revenue55th percentileNet Margin66th percentile

Revenue

Down

$2,172,370

Down $270,541 (-11%) from 2023

Expenses

Down

$2,874,640

Down $686,593 (-19%) from 2023

Net Income

Up

-$702,270

Up $416,052 (+37%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$6.0M$4.0M$2.0M$0Assets 2013: $1,736,685Liabilities 2013: $535,302Net Assets 2013: $1,201,3832013Assets 2014: $1,799,741Liabilities 2014: $548,160Net Assets 2014: $1,251,5812014Assets 2015: $1,756,584Liabilities 2015: $636,561Net Assets 2015: $1,120,0232015Assets 2016: $2,069,936Liabilities 2016: $859,859Net Assets 2016: $1,210,0772016Assets 2017: $1,956,143Liabilities 2017: $782,410Net Assets 2017: $1,173,7332017Assets 2018: $2,971,695Liabilities 2018: $637,083Net Assets 2018: $2,334,6122018Assets 2019: $2,759,996Liabilities 2019: $610,168Net Assets 2019: $2,149,8282019Assets 2020: $2,671,011Liabilities 2020: $415,530Net Assets 2020: $2,255,4812020Assets 2021: $3,974,780Liabilities 2021: $402,114Net Assets 2021: $3,572,6662021Assets 2022: $4,127,797Liabilities 2022: $418,923Net Assets 2022: $3,708,8742022Assets 2023: $3,507,469Liabilities 2023: $683,837Net Assets 2023: $2,823,6322023Assets 2024: $3,304,964Liabilities 2024: $766,886Net Assets 2024: $2,538,0782024

Highlighted filing

2024

Assets$3,304,964
Liabilities$766,886
Net Assets$2,538,078
Open 2024 Filing

Operations Trend

Revenue Growth92nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2013: $2,925,0142013Revenue 2014: $3,102,204Expenses 2014: $3,160,084Net Income 2014: -$57,8802014Revenue 2015: $4,018,935Expenses 2015: $4,108,118Net Income 2015: -$89,1832015Revenue 2016: $3,360,601Expenses 2016: $3,290,394Net Income 2016: $70,2072016Revenue 2017: $3,675,772Expenses 2017: $3,744,844Net Income 2017: -$69,0722017Revenue 2018: $5,402,103Expenses 2018: $4,251,893Net Income 2018: $1,150,2102018Revenue 2019: $3,009,098Expenses 2019: $3,243,348Net Income 2019: -$234,2502019Revenue 2020: $2,939,207Expenses 2020: $2,859,639Net Income 2020: $79,5682020Revenue 2021: $1,915,386Expenses 2021: $1,021,337Net Income 2021: $894,0492021Revenue 2022: $3,890,748Expenses 2022: $3,361,337Net Income 2022: $529,4112022Revenue 2023: $2,442,911Expenses 2023: $3,561,233Net Income 2023: -$1,118,3222023Revenue 2024: $2,172,370Expenses 2024: $2,874,640Net Income 2024: -$702,2702024

Highlighted filing

2024

Revenue$2,172,370
Expenses$2,874,640
Net Income-$702,270
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$3,304,964
Liabilities
$766,886
Net assets
$2,538,078
Revenue
$2,172,370
Expenses
$2,874,640
Net income
-$702,270
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.30$0.77$2.54$2.17$2.87$0.70
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.51$0.68$2.82$2.44$3.56$1.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.13$0.42$3.71$3.89$3.36$0.53
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$0.40$3.57$1.92$1.02$0.89
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.42$2.26$2.94$2.86$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.61$2.15$3.01$3.24$0.23
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.64$2.33$5.40$4.25$1.15
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.78$1.17$3.68$3.74$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.86$1.21$3.36$3.29$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.76$0.64$1.12$4.02$4.11$0.09
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.55$1.25$3.10$3.16$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.54$1.20$2.93
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 5, 2022
Return Version
2020v4.2
Gross Receipts
$2,277,512
Mission and Program Overview

Mission

To provide classical music performances, educational services, and arts advocacy programs to the greater silicon valley region.

To provide orchestral music performances, educational services, and arts advocacy programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,449,542$3,261,974▲ $812,432
Savings and Temporary Cash Investments$47,819$587,241▲ $539,422
Prepaid Expenses and Deferred Charges$54,823$58,935▲ $4,112
Land, Buildings, and Equipment, Net$79,767$49,358▼ $30,409
Accounts Receivable$38,860$17,072▼ $21,788
Cash and Non-Interest-Bearing Accounts$200$200→ $0
Total Assets$2,671,011$3,974,780▲ $1,303,769
Liabilities
Deferred Revenue$379,052$364,010▼ $15,042
Accounts Payable and Accrued Expenses$36,478$38,104▲ $1,626
Total Liabilities$415,530$402,114▼ $13,416
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,589,165$2,292,693▲ $703,528
Net Assets Without Donor Restrictions$666,316$1,279,973▲ $613,657
Total Net Assets Fund Balance$2,255,481$3,572,666▲ $1,317,185
Total Liabilities and Net Assets / Fund Balance$2,671,011$3,974,780▲ $1,303,769

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$47,183$169,922$217,105
Other Land Buildings$2,175$66,245$68,420

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$2,449,542$450,000▲ $482,432$120,000$3,261,974
2019$2,476,410-▲ $93,132$120,000$2,449,542
2018$2,472,263-▲ $104,147$100,000$2,476,410
2017$1,647,067$850,000▲ $50,196$75,000$2,472,263
2016$1,649,097-▲ $62,970$65,000$1,647,067
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Andrew BalesGeneral DirectorFT$154,000$154,000
Jennifer WatkinsGeneral ManagerFT$103,000$103,000

Board Members and Trustees

NameTitle
Richard ConniffChair
Ashley BruniTrustee
Bunny LadenTrustee
Jason FordTrustee
Lloyd SchmidtTrustee
Nicholas AdamsTrustee
Marianne SalasTrustee (left 10/20)
Nancy JohnsonSecretary
Laurie HuthTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,834,532
Program Service Revenue
$3,636
Investment Income
$77,208
Other Revenue
$10
All Other Contributions
$1,280,614
Change in Net Assets
$894,049

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded7$60,231Fair Market Value (FMV)
Total Noncash Contributions7$60,231-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,886,997
Revenue Not Reported on Financial Statements
$28,389
Revenue Not Reported on Form 990
$423,136
Total Revenue per Audited Statements
$2,310,133
Total Revenue per Form 990
$1,915,386
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$760,096
Other Expenses$261,241
Total Fundraising Expense$97,762
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$377,622$84,757$27,501$489,880
Current Officers, Directors, Trustees, and Key Employees$69,525$30,900$54,075$154,500
Payroll Taxes$52,214$9,340$6,588$68,142
Occupancy-$51,102-$51,102
Other Employee Benefits$34,409$7,720$5,445$47,574
Fees for Services Accounting-$43,882-$43,882
Insurance$9,686$20,628-$30,314
Fees for Service Investment Mgmnt Fees-$28,389-$28,389
Advertising$25,096--$25,096
Depreciation Depletion$16,372$1,780$1,780$19,932
Office Expenses-$11,913-$11,913
Fees for Services Other$10,359$654-$11,013
Royalties$6,105--$6,105
Other Expenses$2,685--$2,685
Conferences and Meetings--$2,373$2,373
Fees for Services Management-$1,375-$1,375
Interest-$946-$946
Total Functional Expenses$630,189$293,386$97,762$1,021,337

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,021,337
Expenses per Audited Statements$992,948
Total Expenses per Audited Statements$992,948
Expenses Not Reported on Financial Statements$28,389
Expenses Not Reported on Form 990$0
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jennifer WatkinsWife of General DirectorEmploymentNo$102,208
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Part VI, Section B, Line 11B

“The form 990 is scanned and e-mailed to each trustee on receipt. A hard copy is also delivered to the finance committee members, by hand or federal express, to ensure receipt. A review of the return is scheduled with finance committee members and key staff (general director, general manager) before the tax return is filed; the review may be conducted by conference call. All board members are encouraged to join in and raise questions. Any issues brought up at that meeting and their resolution are reported to the full board during discussion of the return.”

Form 990, Part VI, Section B, Line 12C

“The symphony's conflict of interest policy is distributed to the board members once each year, or when they join the board if they have missed the annual distribution, and a signed copy is collected from each member, which is kept in the general manager's board files. Board members are required to report to the general manager any activity or relationship that might constitute or give rise to a conflict as defined by the policy. Any such activity or relationship is subsequently reported to and reviewed either by the audit committee (which currently serves as our personnel committee for any unresolved grievances), or by the full board.”

Form 990, Part VI, Section B, Line 15A

“The compensation of the general director is determined by an ad hoc board committee made up of the board chair and other board members. The committee reviews executive compensation using guidestar, and 990s from comparable nonprofits, taking into account the comparable market rates in the local geographic area. The compensation is voted on and approved at the board meeting in closed session; the process is recorded in the minutes, and a memo notating the results is included in the general director's personnel files. Most recently, the general director's compensations were reviewed in january 2022.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Symphony San Jose
EIN
32-0083030
Phone
4082862600
Address
325 S 1ST STREET NO 160, SAN JOSE, CA 95113

Signing Officer

Name
Andrew R Bales
Title
General Director
Phone
4082862600
Signed
2022-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew R Bales
Formed
2003
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
8
Employees
245
Volunteers
8

Preparer

Firm
Armanino Llp
Address
50 W SAN FERNANDO ST STE 500, SAN JOSE, CA 95113
Preparer
Matthew Petroski
Phone
4082006400
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process has not changed from prior year.”

Financial Statement Notes

PART V, LINE 4:

“The symphony needs the liquidity to be able to draw approximately 5% of the principal annually to supplement the operating budget. The goal of the spending policy is to apply a disciplined and reasoned approach to moving money from the endowment fund to its beneficiary on a predictable, consistent basis. The current spending policy is based on the payout rate multiplied by the average market value of the fund over the previous 12 quarters. A 2-7% range will be in place to allow for board discretion during particularly volatile periods. Notwithstanding these spending parameters, the original corpus shall not be invaded except as provided within the specific donor terms for the $1 million gift as described above. Any changes to the endowment's spending policy shall be recommended by the investment committee and/or investment advisors, with ultimate approval by the board of trustees.”

PART X, LINE 2:

“Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the symphony in its federal and state exempt organization tax returns are more-likely-than-not to be sustained upon examination. The symphony files information returns in the u.s. Federal jurisdiction and state of california. The symphony's federal returns for the tax years ended june 30, 2018 and beyond remain subject to possible examination by the internal revenue service. The symphony's california returns for the tax years ended june 30, 2017 and beyond remain subject to possible examination by the franchise tax board.”

Raw XML AppendixShowing 400 of 542 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt036478
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt038104
IRS990/AccountsReceivableGrp/BOYAmt038860
IRS990/AccountsReceivableGrp/EOYAmt017072
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE ORCHESTRAL MUSIC PERFORMANCES, EDUCATIONAL SERVICES, AND ARTS ADVOCACY PROGRAMS.
IRS990/AdvertisingGrp/ProgramServicesAmt025096
IRS990/AdvertisingGrp/TotalAmt025096
IRS990/AllOtherContributionsAmt01280614
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JENNIFER WATKINS
IRS990/BooksInCareOfDetail/PhoneNum04082862600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0325 SOUTH FIRST STREET SUITE 160
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd095113
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0200
IRS990/CashNonInterestBearingGrp/EOYAmt0200
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt054075
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt030900
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt069525
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0154500
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt02373
IRS990/ConferencesMeetingsGrp/TotalAmt02373
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01834532
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt077208
IRS990/CYOtherExpensesAmt0261241
IRS990/CYOtherRevenueAmt010
IRS990/CYProgramServiceRevenueAmt03636
IRS990/CYRevenuesLessExpensesAmt0894049
IRS990/CYSalariesCompEmpBnftPaidAmt0760096
IRS990/CYTotalExpensesAmt01021337
IRS990/CYTotalFundraisingExpenseAmt097762
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01915386
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt0379052
IRS990/DeferredRevenueGrp/EOYAmt0364010
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt01780
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01780
IRS990/DepreciationDepletionGrp/ProgramServicesAmt016372
IRS990/DepreciationDepletionGrp/TotalAmt019932
IRS990/Desc0DURING 2020-21, WITH THE PANDEMIC AND ENSUING RESTRICTIONS IN FULL SWING, THE SYMPHONY PRODUCED NO CONCERTS OR OTHER MUSICAL ACTIVITIES WITH THE BRIEF EXCEPTION OF ONLINE DISCUSSIONS. THE 2020-21 SEASON HAD BEEN PROGRAMMED AND ANNOUNCED THE PREVIOUS SPRING - MUSIC SELECTED, CONDUCTORS AND SOLOISTS COMMITTED, BROCHURES MAILED - IN PREPARATION FOR COVID 19'S HOPED-FOR SUBSIDENCE. RENEWALS CONTINUED TO ARRIVE UNTIL EXTENSION OF THE SHUT-DOWN BECAME CLEAR AND THE SEASON WAS CANCELED.2020-21 WAS THEN FOCUSED ON SEVERAL PRIORITIES:1. KEEPING IN CLOSE TOUCH WITH THE SYMPHONY'S LAID OFF MUSICIANS (74 PLUS REGULAR SUBSTITUTES) AND FOUR STAFF MEMBERS. ALTHOUGH SOME MUSICIANS RETIRED, MOST REMAINED CLOSELY CONNECTED. NEGOTIATIONS WITH BOTH THE USHERS AND THE STAGEHANDS UNIONS PRODUCED FULL NEW CONTRACTS, WHILE THE MUSICIANS UNION AGREED TO A YEAR'S CONTRACT EXTENSION.2. APPLYING FOR, MANAGING, AND REPORTING ON A RANGE OF RELIEF GRANTS (FEDERAL, STATE, AND LOCAL) THAT ALLOWED THE SYMPHONY TO PUT THE MUSICIANS, PLUS A FEW STAFF AND THEATER WORKERS, INTERMITTENTLY BACK ON PAYROLL.3. COMMUNICATING WITH SUBSCRIBERS, MAJOR DONORS, THE BOARD OF TRUSTEES (THE "BOARD"), AND THE SYMPHONY FIELD. THE SYMPHONY DID NOT MOUNT VIRTUAL ORCHESTRA CONCERTS IN 2020-21 SINCE COUNTY VENUE LIMITS PRECLUDED THE ASSEMBLING OF MID-SIZE PERFORMING ENSEMBLES. MANY SYMPHONY MUSICIANS HOWEVER PERFORMED VIRTUALLY, EITHER SOLO OR IN SMALL GROUPS. THE SYMPHONY ALSO SECURED SPONSORS FOR TWO LATE SUMMER CONCERT SETS, ADVANCING THE NEXT SEASON'S OPENING DATE. RELATIONSHIPS ESSENTIAL TO A NEW SEASON AND BEYOND REMAINED INTACT.4. RENEWING AND UPDATING PLANS AND COMMITMENTS FOR THE NEXT (2021-22) SEASON OF PERFORMANCES AND RESHAPING SOME, PARTICULARLY IN RESPONSE TO THE GROWING RECOGNITION OF STRUCTURAL RACISM. THE ORIGINAL SEASON WAS DESIGNED FOR IMPACT: BEETHOVEN'S BIRTHDAY, OUT-SCALE CHORALE WORKS, A JAZZ BASED PROGRAM, FAMED SOLOISTS, AND MORE. MUCH WAS RETAINED, PLEASING THE HUNDREDS WHO HAD BOUGHT THE TICKETS FOR CONCERTS NEVER YET PERFORMED.5. PIVOTING THE SEASON OPENING AND CLOSING PROGRAMS, HOWEVER, IN NEW DIRECTIONS. THE YEAR'S FIRST CONCERTS WOULD NOW FEATURE WITH THE WORLD PREMIERE MENTIONED ABOVE, BY NOTED MEXICAN COMPOSER GABRIELA ORTIZ ON THE THEME OF EL CAMINO REAL, THE LINK BETWEEN MEXICAN AND COLONIAL/AMERICAN CALIFORNIA. TO CONDUCT, MAESTRA JOANNE FALLETTA WOULD MAKE HER THIRD APPEARANCE WITH SYMPHONY SILICON VALLEY. BEETHOVEN'S SEVENTH WOULD STILL CONCLUDE SYMPHONY'S SEASON. THE THREE WORKS FRAMING IT, HOWEVER, WERE SHIFTED TO FEATURE A PIANO CONCERTO BY FLORENCE PRICE, FIRST AFRICAN AMERICAN WOMAN RECOGNIZED AS A SYMPHONY COMPOSER; A WORK BY GIFTED YOUNG AFRICAN AMERICAN ARTIST QUINN MASON; AND A 17TH CENTURY HARPSICHORD CLASSIC ORCHESTRATED BY MEXICAN CONDUCTOR/COMPOSER CESAR CHAVEZ.6. FOR YEARS, THE SYMPHONY HAS OBSERVED ITS YOUNGER AUDIENCE MEMBERS' ABSORBED RESPONSE TO HIGHLY VISUAL FILM WITH ORCHESTRA PROGRAMS. IN 2020-21 THE SYMPHONY TOOK ADVANTAGE OF THE PROLONGED BREAK TO RESEARCH, DESIGN AND INSTALL A SOPHISTICATED IMAG (IMAGE MAGNIFIER) SYSTEM IN THE CALIFORNIA THEATRE, IN PART TO INCREASE APPEAL TO THESE LISTENERS. CLOSE-UP IMAGES OF THE MUSICIANS AS THEY PERFORM WILL PROJECT ON TWO SCREENS ON THE SIDES OF THE HALL, ENABLING LISTENERS TO CHOOSE THEIR PREFERRED MIX OF TRADITIONAL AND MULTI-SOURCE AUDIO-VISUAL EXPERIENCE. THE SCREENS WILL BE INTRODUCED IN FALL 2021. SYMPHONY SILICON VALLEY'S ALSO REPLACED THE ORCHESTRA'S 30-YEAR-OLD MUSIC CHAIRS AND STANDS WITH BADLY NEEDED NEW EQUIPMENT, READY FOR A NEW LAUNCH IN 2021-22.IN SUMMARY, THE SYMPHONY'S 2020-21 PROGRAM SERVICES SHIFTED THEIR EMPHASIS TO ASSISTING ITS UNEMPLOYED MUSICIANS AND THEATER WORKERS, ATTENDING TO LAID-OFF STAFF, MAINTAINING CONTACT WITH CUSTOMERS AND DONORS, SHAPING A NEW 2021-22 SEASON PLAN AND RESECURING ITS CONDUCTORS AND GUEST SOLOISTS, DEVELOPING A PROMISING IN-THEATER INNOVATION, SUBMITTING SUBSTANTIAL GOVERNMENT GRANT APPLICATIONS, ADMINISTERING AND REPORTING ON THE RES
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01589165
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02292693
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0245
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0630189
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt043882
IRS990/FeesForServicesAccountingGrp/TotalAmt043882
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt01375
IRS990/FeesForServicesManagementGrp/TotalAmt01375
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0654
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt010359
IRS990/FeesForServicesOtherGrp/TotalAmt011013
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt028389
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt028389
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt960.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD CONNIFF
IRS990/Form990PartVIISectionAGrp/PersonNm1NANCY JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm2LAURIE HUTH
IRS990/Form990PartVIISectionAGrp/PersonNm3NICHOLAS ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm4JASON FORD
IRS990/Form990PartVIISectionAGrp/PersonNm5ASHLEY BRUNI
IRS990/Form990PartVIISectionAGrp/PersonNm6LLOYD SCHMIDT
IRS990/Form990PartVIISectionAGrp/PersonNm7BUNNY LADEN
IRS990/Form990PartVIISectionAGrp/PersonNm8MARIANNE SALAS
IRS990/Form990PartVIISectionAGrp/PersonNm9ANDREW BALES
IRS990/Form990PartVIISectionAGrp/PersonNm10JENNIFER WATKINS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9154000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10103000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE (LEFT 10/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt9GENERAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10GENERAL MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-10477
IRS990/GainOrLossGrp/SecuritiesAmt016589
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0553918
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0368238
IRS990/GrossReceiptsAmt02277512
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt020628
IRS990/InsuranceGrp/ProgramServicesAmt09686
IRS990/InsuranceGrp/TotalAmt030314
IRS990/InterestGrp/ManagementAndGeneralAmt0946
IRS990/InterestGrp/TotalAmt0946
IRS990/InvestmentIncomeGrp/ExclusionAmt071096
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt071096
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02449542
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03261974
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0236167
IRS990/LandBldgEquipBasisNetGrp/BOYAmt079767
IRS990/LandBldgEquipBasisNetGrp/EOYAmt049358
IRS990/LandBldgEquipCostOrOtherBssAmt0285525
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt010477
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0351649
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE ORCHESTRAL MUSIC PERFORMANCES, EDUCATIONAL SERVICES, AND ARTS ADVOCACY PROGRAMS TO THE GREATER SILICON VALLEY REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt02255481
IRS990/NetAssetsOrFundBalancesEOYAmt03572666
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt06112
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06112
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0423136
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0666316
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01279973
IRS990/NoncashContributionsAmt060231
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt051102
IRS990/OccupancyGrp/TotalAmt051102
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011913
IRS990/OfficeExpensesGrp/TotalAmt011913
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05445
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07720
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt034409
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047574
IRS990/OtherExpensesGrp/Desc0BOX OFFICE/TICKET OFFIC
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS PRODUCTIO
IRS990/OtherExpensesGrp/ProgramServicesAmt026116
IRS990/OtherExpensesGrp/ProgramServicesAmt12685
IRS990/OtherExpensesGrp/TotalAmt026116
IRS990/OtherExpensesGrp/TotalAmt12685
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010
IRS990/OtherRevenueTotalAmt010
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt027501
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084757
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0377622
IRS990/OtherSalariesAndWagesGrp/TotalAmt0489880
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06588
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09340
IRS990/PayrollTaxesGrp/ProgramServicesAmt052214
IRS990/PayrollTaxesGrp/TotalAmt068142
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt054823
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt058935
IRS990/PrincipalOfficerNm0ANDREW R BALES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711130
IRS990/ProgramServiceRevenueGrp/BusinessCd1711300
IRS990/ProgramServiceRevenueGrp/Desc0PERFORMANCE FEES
IRS990/ProgramServiceRevenueGrp/Desc1TICKET HANDLING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01968
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11668
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01968
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11668
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01763605
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt091631
IRS990/PYOtherExpensesAmt0999154
IRS990/PYOtherRevenueAmt06500
IRS990/PYProgramServiceRevenueAmt01077471
IRS990/PYRevenuesLessExpensesAmt079568
IRS990/PYSalariesCompEmpBnftPaidAmt01860485
IRS990/PYTotalExpensesAmt02859639
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02939207
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0894049
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03646
IRS990/RoyaltiesGrp/ProgramServicesAmt06105
IRS990/RoyaltiesGrp/TotalAmt06105
IRS990/SavingsAndTempCashInvstGrp/BOYAmt047819
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0587241
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01834532
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01763605
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0922052
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01906732
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01081389
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07508310
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt071096
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt080664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt078225
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt054600
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt045140
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0329725
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt09083975
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77640
IRS990ScheduleA/PublicSupportPY170Pct00.78760
IRS990ScheduleA/PublicSupportTotal170Amt06085121
IRS990ScheduleA/SubstantialContributorsTotAmt01423189
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01834532
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01763605
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0922052
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01906732
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01081389
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07508310
IRS990ScheduleA/TotalSupportAmt07838035
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.30328
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02449542
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0450000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03261974
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0482432
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0120000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02476410
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02449542
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt093132
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0120000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02472263
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02476410
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0104147
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0100000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01647067
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0850000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02472263
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt050196
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt075000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01649097
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01647067
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt062970
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt065000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt047183
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0169922
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0217105
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt028389
IRS990ScheduleD/ExpensesSubtotalAmt0992948
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt028389
IRS990ScheduleD/InvestmentExpensesNotIncldAmt028389
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0423136
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02175
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt066245
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt068420
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.62573
IRS990ScheduleD/RevenueNotReportedAmt0423136
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt028389
IRS990ScheduleD/RevenueSubtotalAmt01886997
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SYMPHONY NEEDS THE LIQUIDITY TO BE ABLE TO DRAW APPROXIMATELY 5% OF THE PRINCIPAL ANNUALLY TO SUPPLEMENT THE OPERATING BUDGET. THE GOAL OF THE SPENDING POLICY IS TO APPLY A DISCIPLINED AND REASONED APPROACH TO MOVING MONEY FROM THE ENDOWMENT FUND TO ITS BENEFICIARY ON A PREDICTABLE, CONSISTENT BASIS. THE CURRENT SPENDING POLICY IS BASED ON THE PAYOUT RATE MULTIPLIED BY THE AVERAGE MARKET VALUE OF THE FUND OVER THE PREVIOUS 12 QUARTERS. A 2-7% RANGE WILL BE IN PLACE TO ALLOW FOR BOARD DISCRETION DURING PARTICULARLY VOLATILE PERIODS. NOTWITHSTANDING THESE SPENDING PARAMETERS, THE ORIGINAL CORPUS SHALL NOT BE INVADED EXCEPT AS PROVIDED WITHIN THE SPECIFIC DONOR TERMS FOR THE $1 MILLION GIFT AS DESCRIBED ABOVE. ANY CHANGES TO THE ENDOWMENT'S SPENDING POLICY SHALL BE RECOMMENDED BY THE INVESTMENT COMMITTEE AND/OR INVESTMENT ADVISORS, WITH ULTIMATE APPROVAL BY THE BOARD OF TRUSTEES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE SYMPHONY IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION. THE SYMPHONY FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND STATE OF CALIFORNIA. THE SYMPHONY'S FEDERAL RETURNS FOR THE TAX YEARS ENDED JUNE 30, 2018 AND BEYOND REMAIN SUBJECT TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE SYMPHONY'S CALIFORNIA RETURNS FOR THE TAX YEARS ENDED JUNE 30, 2017 AND BEYOND REMAIN SUBJECT TO POSSIBLE EXAMINATION BY THE FRANCHISE TAX BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.07099
IRS990ScheduleD/TotalBookValueLandBuildingsAmt049358
IRS990ScheduleD/TotalExpensesPerForm990Amt01021337
IRS990ScheduleD/TotalRevenuePerForm990Amt01915386

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $1M-$5M nonprofits