Civic Intelligence

Symphony San Jose

990 • Fiscal year 2016 • EIN 32-0083030

Jul 01, 2015 to Jun 30, 2016 • Filed on May 11, 2017

Organization ProfileWWW.SYMPHONYSILICONVALLEY.ORG
325 S 1st Street No 160San Jose, CA 95113

(408) 286-2600

Siviq Scores

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

Liabilities / Assets

75th percentile

0.42x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

67th percentile

0.26x

Higher debt load relative to revenue than 67% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

50th percentile

2.1%

Higher net margin than 50% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

82nd percentile

$144,056

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

80th percentile

18%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

18th percentile

-16%

Faster revenue growth than 18% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$2,069,936

Up $313,352 (+18%) from 2015

Net Assets

Up

$1,210,077

Up $90,054 (+8.0%) from 2015

Liabilities

Up

$859,859

Up $223,298 (+35%) from 2015

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin50th percentile

Revenue

Down

$3,360,601

Down $658,334 (-16%) from 2015

Expenses

Down

$3,290,394

Down $817,724 (-20%) from 2015

Net Income

Up

$70,207

Up $159,390 (+179%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$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

2016

Assets$2,069,936
Liabilities$859,859
Net Assets$1,210,077
Open 2016 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$3,360,601
Expenses$3,290,394
Net Income$70,207
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 11, 2017
Return Version
2015v3.0
Gross Receipts
$3,638,503
Mission and Program Overview

Mission

To provide orchestral 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$1,304,202$1,649,097▲ $344,895
Land, Buildings, and Equipment, Net$166,140$153,127▼ $13,013
Pledges and Grants Receivable$130,744$131,493▲ $749
Savings and Temporary Cash Investments$109,932$70,820▼ $39,112
Prepaid Expenses and Deferred Charges$6,616$44,032▲ $37,416
Accounts Receivable$38,750$21,167▼ $17,583
Cash and Non-Interest-Bearing Accounts$200$200→ $0
Total Assets$1,756,584$2,069,936▲ $313,352
Liabilities
Deferred Revenue$470,277$466,802▼ $3,475
Unsecured Notes Loans Payable$100,000$325,000▲ $225,000
Accounts Payable and Accrued Expenses$66,284$68,057▲ $1,773
Total Liabilities$636,561$859,859▲ $223,298
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,231,100$1,591,116▲ $360,016
Temporarily Rstr Net Assets$273,102$147,981▼ $125,121
Unrestricted Net Assets$-384,179$-529,020▼ $144,841
Total Net Assets Fund Balance$1,120,023$1,210,077▲ $90,054
Total Liabilities and Net Assets / Fund Balance$1,756,584$2,069,936▲ $313,352

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$118,671$91,484$210,155
Other Land Buildings$34,456$39,146$73,602

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,304,202$360,016▲ $49,879$65,000$1,649,097
2014$1,373,854-▼ $4,652$65,000$1,304,202
2013$1,285,107-▲ $153,747$65,000$1,373,854
2012$1,253,864-▲ $96,243$65,000$1,285,107
2011$1,311,827-▼ $1,048$56,915$1,253,864
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew BalesPresidentFT$131,000$13,056$144,056
Jennifer WatkinsGeneral ManagerFT$89,400-$89,400

Board Members and Trustees

NameTitle
Peter CartwrightChair
Bunny LadenTrustee
Lee PriceTrustee
Martha SanfordTrustee
Robert KieveTrustee
William HighlanderTrustee
Ralph SwansonSecretary
Richard ConniffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,468,982
Program Service Revenue
$1,782,527
Investment Income
$42,963
Other Revenue
$66,129
All Other Contributions
$1,238,840
Change in Net Assets
$70,207

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$367,026Fair Market Value (FMV)
Total Noncash Contributions2$367,026-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,347,670
Revenue Not Reported on Financial Statements
$12,931
Revenue Not Reported on Form 990
$45,847
Total Revenue per Audited Statements
$3,393,517
Total Revenue per Form 990
$3,360,601
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,171,714
Other Expenses$1,118,680
Total Fundraising Expense$140,639
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,519,613$25,699$11,501$1,556,813
Current Officers, Directors, Trustees, and Key Employees$119,849$49,628$71,978$241,455
Advertising$230,062$170$189$230,421
Payroll Taxes$186,509$6,096$6,773$199,378
Fees for Services Other$174,701$4,486-$179,187
Pension Plan Contributions$91,271--$91,271
Occupancy$74,812$6,430$7,116$88,358
Other Employee Benefits$81,570$1,789$-562$82,797
Office Expenses$38,427$8,461$4,675$51,563
Travel$50,443--$50,443
Other Expenses$30,844-$29,852$29,852
Depreciation Depletion$16,468$4,780$5,312$26,560
Royalties$25,302--$25,302
Fees for Services Accounting-$23,005-$23,005
Insurance$13,389$2,476$2,751$18,616
Fees for Service Investment Mgmnt Fees-$12,931-$12,931
Fees for Services Legal$9,725$2,470-$12,195
Interest-$9,446-$9,446
Information Technology$5,775$948$1,054$7,777
Total Functional Expenses$2,990,940$158,815$140,639$3,290,394

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,303,463
Total Expenses per Form 990$3,290,394
Expenses per Audited Statements$3,277,463
Expenses Not Reported on Form 990$26,000
Expenses Not Reported on Financial Statements$12,931
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 PresidentEmployeeNo$89,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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 A, Line 2

“Jennifer watkins, the general manager, is wife of the president, andrew bales.”

Form 990, Part VI, Section B, Line 11

“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 (president, 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 15

“The compensation of the president and general manager 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 for these two positions 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 president's and general manager's personnel files. Most recently, the president's and general manager's compensations were reviewed in october, 2015.”

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 Silicon Valley
EIN
32-0083030
Phone
4082862600
Address
325 S 1ST STREET NO 160, SAN JOSE, CA 95113

Signing Officer

Name
Andrew R Bales
Title
President
Phone
4082862600
Signed
2017-05-11
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
581
Volunteers
120

Preparer

Firm
Armanino Llp
Address
50 W SAN FERNANDO ST STE 500, SAN JOSE, CA 95113
Preparer
Randy G Peterson CPA
Phone
4082006400
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“Symphony silicon valley 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 in 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. 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, 2013 and beyond remain subject to possible examination by the internal revenue service. The symphony's california returns of the tax years ended june 30, 2012 and beyond remain subject to possible examination by the franchise tax board.”

Raw XML AppendixShowing 400 of 519 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/BOYAmt066284
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt068057
IRS990/AccountsReceivableGrp/BOYAmt038750
IRS990/AccountsReceivableGrp/EOYAmt021167
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE ORCHESTRAL MUSIC PERFORMANCES, EDUCATIONAL SERVICES, AND ARTS ADVOCACY PROGRAMS.
IRS990/AdvertisingGrp/FundraisingAmt0189
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0170
IRS990/AdvertisingGrp/ProgramServicesAmt0230062
IRS990/AdvertisingGrp/TotalAmt0230421
IRS990/AllOtherContributionsAmt01238840
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
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/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0200
IRS990/CashNonInterestBearingGrp/EOYAmt0200
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt071978
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt049628
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0119849
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0241455
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01468982
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt042963
IRS990/CYOtherExpensesAmt01118680
IRS990/CYOtherRevenueAmt066129
IRS990/CYProgramServiceRevenueAmt01782527
IRS990/CYRevenuesLessExpensesAmt070207
IRS990/CYSalariesCompEmpBnftPaidAmt02171714
IRS990/CYTotalExpensesAmt03290394
IRS990/CYTotalFundraisingExpenseAmt0140639
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03360601
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt0470277
IRS990/DeferredRevenueGrp/EOYAmt0466802
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt05312
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04780
IRS990/DepreciationDepletionGrp/ProgramServicesAmt016468
IRS990/DepreciationDepletionGrp/TotalAmt026560
IRS990/Desc0SINCE ITS INCORPORATION IN JUNE 2003, SYMPHONY SILICON VALLEY HAS BECOME ESTABLISHED AS ONE OF THE ANCHOR ARTS PRODUCERS AND MAJOR CULTURAL PLACE-MAKERS IN SILICON VALLEY. IN ADDITION TO ITS CORE CLASSICAL CONCERTS, SSV RESPONDS TO COMMUNITY NEEDS WITH PROGRAMS THAT CONNECT THE ORCHESTRA WITH NEW LISTENERS INCLUDING CHILDFREN AND BY MAKING ITS SKILLS AND RESOURCES AVAILABLE TO OTHER ARTS ORGANIZATIONS. SEE SCHEDULE O FOR MORE DETAIL ON PROGRAM SERVICE ACCOMPLISHMENTSIN 2015-16, THE SYMPHONY SILICON VALLEY ORCHESTRA PERFORMED FOR 40,060 LISTENERS, WHO ATTENDED ITS CORE CLASSICAL CONCERT SERIES, ITS EIGHTH ANNUAL FREE SUMMER POPS FESTIVAL, SYMPHONY SILICON VALLEY CHORALE CONCERTS, ITS SIX-CONCERT SERIES FEATURING FILM CLASSICS ACCOMPANIED BY THE ORCHESTRA, AND CONCERTS IN COLLABORATION WITH OTHER COMMUNITY PRODUCERS.THE SYMPHONY'S 72 SERVICES WERE AMONG THE MOST OFFERED TO MUSICIANS BY ANY ORCHESTRA IN THE GREATER BAY AREA, OUTSIDE OF THE THREE SAN FRANCISCO GIANTS. ITS PAY RATE FOR ITS MUSICIANS IS HIGHLY COMPETITIVE; AND THEY ARE REGULARLY FEATURED WITH THE ORCHESTRA AS CONCERT SOLOISTS, TOGETHER WITH OUTSTANDING GUEST ARTISTS.RATHER THAN CHOOSING A RESIDENT MUSIC DIRECTOR TO SET A UNIQUE MUSICAL PROFILE, THE SYMPHONY ENGAGES GUEST CONDUCTORS FROM AROUND THE COUNTRY AND THE WORLD. IT HAS BUILT UP A SELECT ROSTER OF CONDUCTORS WHO RETURN REGULARLY, PROVIDING ARTISTIC CONTINUITY; WHILE EACH SEASON TYPICALLY INCLUDES CONDUCTORS NEW TO THE SYMPHONY - OFTEN EMERGING TALENTS IN THE FIELD. THIS POLICY ALLOWS THE SYMPHONY: A) TO ATTRACT A RANGE OF SUPERIOR ARTISTS AND TO PROGRAM TO THEIR SPECIFIC STRENGTHS, AND B) TO BE RESPONSIVE TO ITS LOCAL AUDIENCE PROFILE AND PREFERENCES. SEASON PROGRAMMING IS DETERMINED BY THE SYMPHONY'S GENERAL DIRECTOR IN CLOSE CONSULTATION WITH EACH CONCERT'S CONDUCTOR AND THE MUSICIANS' ARTISTIC COMMITTEE. THE MUSICIANS ALSO HAVE A DECISIVE VOICE IN DETERMINING WHICH CONDUCTORS WILL BECOME REGULAR REPEAT GUESTS. MUSICIANS AND AUDIENCES ALIKE HAVE RESPONDED ENTHUSIASTICALLY TO THE VARIETY OF MUSICAL LEADERSHIP.IN ADDITION TO ITS FREE SUMMER POPS AND IN-THEATER ARTS EXPOSURE PROGRAMS FOR CHILDREN, ITS FILM CONCERT SERIES AND ITS PERFORMANCE COLLABORATIONS, THE SYMPHONY SERVES ITS COMMUNITY BY PROVIDING PRODUCTION SUPPORT FOR LOCAL, TYPICALLY SMALLER ORGANIZATIONS. SSV OFFERS THEM AND THEIR AUDIENCES MEMBERS ACCESS TO ITS HEAVILY BOOKED THEATER ALONG WITH PROFESSIONAL IN-THEATER PERSONNEL AND EQUIPMENT, AND SERVICES FROM TICKETING TO FULL PRODUCTION MANAGEMENT. SAN FRANCISCO CLASSICAL VOICE PRAISES SYMPHONY SILICON VALLEY AS: "WHAT PERHAPS ONLY THE MOST FORTUNATE METROPOLISES HAVE: AN ORCHESTRA THAT SERVES ITS PUBLIC BRILLIANTLY, BY PRESENTING IT WITH ENGAGING, MEMORABLE MUSICAL EXPERIENCES," WHILE THE MERCURY NEWS CALLS IT "A SURPRISING ORGANIZATION WITH ITS ENTERPRISING AND EVEN INNOVATIVE PROGRAMS... ITS UNUSUAL BUSINESS MODEL AND ITS OVERALL TENACITY AND LOYAL AUDIENCES."DURING 2015-16, ITS FOURTEENTH YEAR OF PERFORMANCES, THE SYMPHONY:- PERFORMED FOR JUST OVER 40,000 SSV AUDIENCE MEMBERS, PLUS SERVING THE PATRONS OF 17 OTHER COMMUNITY GROUPS.- MOUNTED A SUBSCRIPTION SERIES OF 15 CLASSICAL CONCERTS LED BY CONDUCTORS FROM AMERICA, JAPAN, ITALY AND ARGENTINA. THIS SEASON, ALL WERE RETURNING TO SSV'S PODIUM. FOUR OF THE SEASON'S SIX MAESTROS WERE DRAWN FROM THE SYMPHONY'S CORE CONDUCTOR ROSTER, TWO OF THEM LONGTIME GUESTS ON THE SSV PODIUM AND TWO EXCITING RECENT ADDITIONS (A PROMINENT YOUNG JAPANESE CONDUCTOR AND A SENIOR FIGURE ON THE ENGLISH MUSIC SCENE). - PRODUCED AN ORCHESTRA SEASON OF GIANTS - E,G, BEETHOVEN, SCHUMANN, STRAVINSKY, DVORAK, SCHUBERT, FAURE, PROKOFIEV, SAINT-SAENS, INCLUDING BOTH GREAT STANDARDS AND LESS WELL-KNOWN WORKS -PLUS SOME MUSICAL ADVENTURES. THE 85-VOICE SYMPHONY CHORALE PERFORMED FAURE'S REQUIEM WITH THE ORCHESTRA, A PROGRAM OF WORLD HOLIDAY MUSIC AND A CONCERT OF BAROQUE AND EARLY CLASSICAL WORKS (MUSIC IN THE GREAT CATHEDRALS).- RECEIVED HIGH CRITICAL PRAISE. REVIEWERS WROTE:
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0581
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02990940
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt023005
IRS990/FeesForServicesAccountingGrp/TotalAmt023005
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02470
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt09725
IRS990/FeesForServicesLegalGrp/TotalAmt012195
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04486
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0174701
IRS990/FeesForServicesOtherGrp/TotalAmt0179187
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt012931
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt012931
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt013056
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/PersonNm0ANDREW BALES
IRS990/Form990PartVIISectionAGrp/PersonNm1PETER CARTWRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm2RALPH SWANSON
IRS990/Form990PartVIISectionAGrp/PersonNm3RICHARD CONNIFF
IRS990/Form990PartVIISectionAGrp/PersonNm4WILLIAM HIGHLANDER
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT KIEVE
IRS990/Form990PartVIISectionAGrp/PersonNm6LEE PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm7BUNNY LADEN
IRS990/Form990PartVIISectionAGrp/PersonNm8MARTHA SANFORD
IRS990/Form990PartVIISectionAGrp/PersonNm9JENNIFER WATKINS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0131000
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/ReportableCompFromOrgAmt989400
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9GENERAL MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-1090
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0230142
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0276812
IRS990/GrossReceiptsAmt03638503
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01054
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0948
IRS990/InformationTechnologyGrp/ProgramServicesAmt05775
IRS990/InformationTechnologyGrp/TotalAmt07777
IRS990/InsuranceGrp/FundraisingAmt02751
IRS990/InsuranceGrp/ManagementAndGeneralAmt02476
IRS990/InsuranceGrp/ProgramServicesAmt013389
IRS990/InsuranceGrp/TotalAmt018616
IRS990/InterestGrp/ManagementAndGeneralAmt09446
IRS990/InterestGrp/TotalAmt09446
IRS990/InvestmentIncomeGrp/ExclusionAmt044053
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt044053
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01304202
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01649097
IRS990/IRPDocumentCnt037
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0130630
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0166140
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0153127
IRS990/LandBldgEquipCostOrOtherBssAmt0283757
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0277902
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE CLASSICAL MUSIC PERFORMANCES, EDUCATIONAL SERVICES, AND ARTS ADVOCACY PROGRAMS TO THE GREATER SILICON VALLEY REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01120023
IRS990/NetAssetsOrFundBalancesEOYAmt01210077
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1090
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1090
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt019847
IRS990/NoncashContributionsAmt0367026
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt07116
IRS990/OccupancyGrp/ManagementAndGeneralAmt06430
IRS990/OccupancyGrp/ProgramServicesAmt074812
IRS990/OccupancyGrp/TotalAmt088358
IRS990/OfficeExpensesGrp/FundraisingAmt04675
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08461
IRS990/OfficeExpensesGrp/ProgramServicesAmt038427
IRS990/OfficeExpensesGrp/TotalAmt051563
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0-562
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01789
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt081570
IRS990/OtherEmployeeBenefitsGrp/TotalAmt082797
IRS990/OtherExpensesGrp/Desc0PRODUCTION EXPENSE
IRS990/OtherExpensesGrp/Desc1BOX OFFICE - CREDIT CAR
IRS990/OtherExpensesGrp/Desc2DONOR CULTIVATION/RECOG
IRS990/OtherExpensesGrp/FundraisingAmt029852
IRS990/OtherExpensesGrp/ProgramServicesAmt0322180
IRS990/OtherExpensesGrp/ProgramServicesAmt130844
IRS990/OtherExpensesGrp/TotalAmt0322180
IRS990/OtherExpensesGrp/TotalAmt130844
IRS990/OtherExpensesGrp/TotalAmt229852
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0HANDLING & FACILITY FE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt066129
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt066129
IRS990/OtherRevenueTotalAmt066129
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt011501
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025699
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01519613
IRS990/OtherSalariesAndWagesGrp/TotalAmt01556813
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06773
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06096
IRS990/PayrollTaxesGrp/ProgramServicesAmt0186509
IRS990/PayrollTaxesGrp/TotalAmt0199378
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt091271
IRS990/PensionPlanContributionsGrp/TotalAmt091271
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01231100
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01591116
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0130744
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0131493
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06616
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044032
IRS990/PrincipalOfficerNm0ANDREW R BALES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711130
IRS990/ProgramServiceRevenueGrp/BusinessCd1711130
IRS990/ProgramServiceRevenueGrp/BusinessCd2711130
IRS990/ProgramServiceRevenueGrp/Desc0PERFORMANCE FEES
IRS990/ProgramServiceRevenueGrp/Desc1SINGLE TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc2SUBSCRIPTION TICKET SA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0774670
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1504912
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2502945
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0774670
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1504912
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2502945
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01282440
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt051124
IRS990/PYOtherExpensesAmt01447757
IRS990/PYOtherRevenueAmt079583
IRS990/PYProgramServiceRevenueAmt02605788
IRS990/PYRevenuesLessExpensesAmt0-89183
IRS990/PYSalariesCompEmpBnftPaidAmt02660361
IRS990/PYTotalExpensesAmt04108118
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04018935
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt070207
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01848656
IRS990/RoyaltiesGrp/ProgramServicesAmt025302
IRS990/RoyaltiesGrp/TotalAmt025302
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0109932
IRS990/SavingsAndTempCashInvstGrp/EOYAmt070820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01468982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01282440
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01192609
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01324572
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01293923
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06562526
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt044053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt042365
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt039739
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt041549
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt037073
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0204779
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt09552982
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.75760
IRS990ScheduleA/PublicSupportPY170Pct00.84920
IRS990ScheduleA/PublicSupportTotal170Amt05126949
IRS990ScheduleA/SubstantialContributorsTotAmt01435577
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01468982
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01282440
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01192609
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01324572
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01293923
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06562526
IRS990ScheduleA/TotalSupportAmt06767305
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/CYEndwmtFundGrp/BeginningYearBalanceAmt01304202
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0360016
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01649097
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt049879
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt065000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01373854
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01304202
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-4652
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt065000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01285107
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01373854
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0153747
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt065000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01253864
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01285107
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt096243
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt065000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01311827
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01253864
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1048
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt056915
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt026000
IRS990ScheduleD/DonatedServicesUseFcltsAmt026000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0118671
IRS990ScheduleD/EquipmentGrp/DepreciationAmt091484
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0210155
IRS990ScheduleD/ExpensesNotReportedAmt026000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt012931
IRS990ScheduleD/ExpensesSubtotalAmt03277463
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt012931
IRS990ScheduleD/InvestmentExpensesNotIncldAmt012931
IRS990ScheduleD/NetUnrealizedGainsInvstAmt019847
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt034456
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt039146
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt073602
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.96490
IRS990ScheduleD/RevenueNotReportedAmt045847
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt012931
IRS990ScheduleD/RevenueSubtotalAmt03347670
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SYMPHONY SILICON VALLEY 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 IN 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. 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, 2013 AND BEYOND REMAIN SUBJECT TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE SYMPHONY'S CALIFORNIA RETURNS OF THE TAX YEARS ENDED JUNE 30, 2012 AND BEYOND REMAIN SUBJECT TO POSSIBLE EXAMINATION BY THE FRANCHISE TAX BOARD.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,069,936
Liabilities
$859,859
Net assets
$1,210,077
Revenue
$3,360,601
Expenses
$3,290,394
Net income
$70,207
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
2016Detailed filing. Detailed filing data is available for this year.$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