Civic Intelligence

Du Page Symphony Orchestra

990 • Fiscal year 2020 • EIN 36-6108011

Jun 01, 2019 to May 31, 2020 • Filed on Nov 19, 2020

PO Box 844Naperville, IL 60566-0844

(630) 778-1003

Siviq Scores

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

Liabilities / Assets

68th percentile

0.04x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.03x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

62nd percentile

13%

Higher net margin than 62% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

66th percentile

19%

Faster asset growth than 66% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

64th percentile

-0.2%

Faster revenue growth than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$191,368

Up $30,788 (+19%) from 2019

Net Assets

Up

$183,978

Up $38,818 (+27%) from 2019

Liabilities

Down

$7,390

Down $8,030 (-52%) from 2019

Revenue

Down

$218,898

Down $365 (-0.2%) from 2019

Expenses

Down

$189,609

Down $27,116 (-13%) from 2019

Net Income

Up

$29,289

Up $26,751 (+1054%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2019: $160,580Liabilities 2019: $15,420Net Assets 2019: $145,1602019Assets 2020: $191,368Liabilities 2020: $7,390Net Assets 2020: $183,9782020Assets 2021: $251,421Liabilities 2021: $15,571Net Assets 2021: $235,8502021Assets 2022: $320,527Liabilities 2022: $1,487Net Assets 2022: $319,0402022Assets 2023: $275,653Liabilities 2023: $2,675Net Assets 2023: $272,9782023Assets 2024: $307,136Liabilities 2024: $960Net Assets 2024: $306,1762024Assets 2025: $339,314Liabilities 2025: $480Net Assets 2025: $338,8342025

Highlighted filing

2020

Assets$191,368
Liabilities$7,390
Net Assets$183,978

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2019: $219,263Expenses 2019: $216,725Net Income 2019: $2,5382019Revenue 2020: $218,898Expenses 2020: $189,609Net Income 2020: $29,2892020Revenue 2021: $157,947Expenses 2021: $126,057Net Income 2021: $31,8902021Revenue 2022: $319,288Expenses 2022: $241,050Net Income 2022: $78,2382022Revenue 2023: $216,271Expenses 2023: $262,507Net Income 2023: -$46,2362023Revenue 2024: $279,012Expenses 2024: $284,462Net Income 2024: -$5,4502024Revenue 2025: $239,821Expenses 2025: $261,844Net Income 2025: -$22,0232025

Highlighted filing

2020

Revenue$218,898
Expenses$189,609
Net Income$29,289
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Nov 19, 2020
Return Version
2019v5.0
Gross Receipts
$218,898
Mission and Program Overview

Mission

Provide inspiration and cultural enrichment through musical excellence, educationalprograms, and community outreach. The dso performed 5 season concerts and 2 family concerts. We hosteds/provided numerous educational outreach/community engagements, and perfomred several virtual performances. The organization also received a grant to start a new educational program.

The Orchestra performs 5 subscription concerts, 2 summer concerts, various chamber and family concerts and educational outreach programs with approximately 100 volunteers, and benefits audiences of around 9,000 total attendees in normal years.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$145,160$183,978▲ $38,818
Cash and Non-Interest-Bearing Accounts$80,350$89,141▲ $8,791
Investments in Publicly Traded Securities$77,083$81,768▲ $4,685
Accounts Receivable$0$17,204▲ $17,204
Prepaid Expenses and Deferred Charges$3,147$3,255▲ $108
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$160,580$191,368▲ $30,788
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$15,420$7,390▼ $8,030
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$15,420$7,390▼ $8,030
Net Assets / Fund Balance
Total Net Assets Fund Balance$145,160$183,978▲ $38,818
Total Liabilities and Net Assets / Fund Balance$160,580$191,368▲ $30,788

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$77,082$0▲ $4,686$0$81,768
2018$74,157$0▲ $2,925$0$77,082
2017$78,495$0▲ $5,191$6,542$74,157
2016$0$0→ $0$0$0
2015$0$0→ $0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Teresa MuirPresident
Grant SimmonsVice-President
Andrew SharpDirector
Bill AllmartDirector
Don PotocznyDirector
Gary GreeneDirector
Glenn SrokaDirector
Greg De JongDirector
Jim OrchardDirector
Lisa CiotaDirector
Melinda WattsDirector
Michelle HanlonDirector
Rose SheldonDirector
Shelley CampbellDirector
Theresa RubinoDirector
Toni Cipriano-SteffensDirector
Kirby LeeSecretary
Steve EschbachTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$126,620
Program Service Revenue
$87,593
Investment Income
$4,685
Other Revenue
$0
All Other Contributions
$91,826
Change in Net Assets
$29,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$128,684
Salaries, Compensation, and Employee Benefits$60,925
Total Fundraising Expense$22,858
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$60,616$4,287$475$65,378
Other Salaries and Wages$26,620$13,278$16,544$56,442
Other Expenses$31,746$871$0$32,617
Office Expenses$7,440$7,103$3,442$17,985
Advertising$3,974$1,006$1,083$6,063
Payroll Taxes$2,114$1,055$1,314$4,483
Insurance$3,312--$3,312
Occupancy$2,152--$2,152
Fees for Services Accounting$0$900$0$900
Information Technology-$277-$277
Total Functional Expenses$137,974$28,777$22,858$189,609
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

According to the organization's bylaws, the volunteer musicians constitute members of the organization.

Form 990, Part VI, Section A, Line 7A

According to the bylaws, the members approve candidates for the board of directors.

Form 990, Part VI, Section A, Line 7B

Members have the authority to approve changes to bylaws. All other governance decisions are turned over to the board of directors.

Form 990, Part VI, Section B, Line 11B

A copy of the completed 990 is provided to board members for their review prior to filing.

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

Each year the board of directors, employees, and contractors review and sign conflict of interest document. They are required to disclose any actual or possible conflicts that arise during the year.

Form 990, Part VI, Section B, Line 15

The Executive Committee reviews performance and compensation of employees and contracted managers.

Form 990, Part VI, Section C, Line 19

The documents are available upon request by contacting the organization's office.

Filing and Contact Details

Filer

Filer Name
Du Page Symphony Orchestra
EIN
36-6108011
Phone
6307781003
Address
PO Box 844, Naperville, IL 60566-0844

Signing Officer

Name
Andrew Sharp
Title
Treasurer
Phone
6307781003
Signed
2020-11-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Don Potoczny
Formed
1966
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
18
Employees
2
Volunteers
100

Preparer

Firm
MissionFirst Accounting PC
Address
PO Box 916, Saint Charles, IL 60174
Preparer
Linda Swick
Phone
6308785256
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Music Director $47,500; Hired Musicians $17,878

Form 990, Part XII, Line 1

The DuPage Symphony Orchestra changed its accounting method from the Modified Cash basis to the Accrual basis.

Financial Statement Notes

Schedule D, Part V, Line 4

The organization has three board-designated (quasi-endowment) funds: 1)The Director's Fund is used by the Music Director as needed with approval from the board. 2) The Young Artists Audition Fund's (YAA) primary, but not exclusive use, is to fund the operation of the Young Artists Auditions Series. 3) The Board Reserve is used to support the mission of the organization as needed by vote of the Board of Directors.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Vice-President
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IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
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IRS990/MissionDesc0The DSO was scheduled to perform 5 subscriptions concerts, 2 summer concerts, 2 family concerts, and various educational/outreach events. However, due to COVID-19, 2 subscription concerts were canceled along with 3 outreach events. The approximate attendance for 2019-20 performances was 6,500. Provide inspiration and cultural enrichment through musical excellence, educational programs, and community outreach.
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IRS990/ProgSrvcAccomActy2Grp/Desc0The DSO provided numerous educational and outreach initiatives to the community including Open Dress Rehearsals, Pre-Concert Lectures, Preludes & Interludes, Outreach Concerts, and Young Artists Auditions.
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