Civic Intelligence

Grand Rapids Symphony Orchestra Endowment Fund

990 • Fiscal year 2018 • EIN 38-2243585

Sep 01, 2017 to Aug 31, 2018 • Filed on Jul 30, 2019

Organization ProfileN/A
300 Ottawa Ave NW Ste 100Grand Rapids, MI 49503

(616) 454-9451

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Top Officer Pay

98th percentile

$100,256

Higher top officer pay than 98% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $27,132,703 (-100%) from 2017

Net Assets

Down

$0

Down $27,096,343 (-100%) from 2017

Liabilities

Down

$0

Down $36,360 (-100%) from 2017

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $2,243,204 (-100%) from 2017

Expenses

Down

$1,094,530

Down $259,436 (-19%) from 2017

Net Income

Down

-$1,094,530

Down $1,983,768 (-223%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$30M$20M$10M$0Assets 2010: $12,592,528Liabilities 2010: $255,011Net Assets 2010: $12,337,5172010Assets 2011: $13,573,810Liabilities 2011: $285,980Net Assets 2011: $13,287,8302011Assets 2012: $17,265,979Liabilities 2012: $446,087Net Assets 2012: $16,819,8922012Assets 2013: $22,078,172Liabilities 2013: $749,459Net Assets 2013: $21,328,7132013Assets 2014: $22,836,123Liabilities 2014: $0Net Assets 2014: $22,836,1232014Assets 2015: $23,857,806Liabilities 2015: $71,507Net Assets 2015: $23,786,2992015Assets 2016: $24,745,183Liabilities 2016: $4,403Net Assets 2016: $24,740,7802016Assets 2017: $27,132,703Liabilities 2017: $36,360Net Assets 2017: $27,096,3432017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0
Open 2018 Filing

Operations Trend

Revenue Growth1st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $652,8042010Revenue 2011: $533,413Expenses 2011: $692,335Net Income 2011: -$158,9222011Expenses 2012: $779,5462012Revenue 2013: $5,920,268Expenses 2013: $942,159Net Income 2013: $4,978,1092013Revenue 2014: $1,476,327Expenses 2014: $1,270,320Net Income 2014: $206,0072014Revenue 2015: $3,742,596Expenses 2015: $1,010,974Net Income 2015: $2,731,6222015Revenue 2016: $1,121,675Expenses 2016: $1,017,292Net Income 2016: $104,3832016Revenue 2017: $2,243,204Expenses 2017: $1,353,966Net Income 2017: $889,2382017Revenue 2018: $0Expenses 2018: $1,094,530Net Income 2018: -$1,094,5302018

Highlighted filing

2018

Revenue$0
Expenses$1,094,530
Net Income-$1,094,530
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jul 30, 2019
Return Version
2017v2.3
Gross Receipts
$0
Mission and Program Overview

Mission

Supports the operations and programs of the grand rapids symphony society by sustaining the orchestra's concert, music education and accessibility programming across west michigan.

Supports the operations and programs of the grand rapids symphony society through sustainment of the orchestra's concert, music education and accessibility programming across west michigan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$21,077,830--
Pledges and Grants Receivable$2,824,632--
Savings and Temporary Cash Investments$1,939,094--
Other Notes and Loans Receivable, Net$750,000--
Accounts Receivable$503,528--
Prepaid Expenses and Deferred Charges$37,619--
Total Assets$27,132,703$0▼ $27,132,703
Liabilities
Other Liabilities$27,699--
Accounts Payable and Accrued Expenses$8,661--
Total Liabilities$36,360$0▼ $36,360
Net Assets / Fund Balance
Permanently Rstr Net Assets$28,255,988--
Unrestricted Net Assets$-1,159,645--
Total Net Assets Fund Balance$27,096,343$0▼ $27,096,343
Total Liabilities and Net Assets / Fund Balance$27,132,703$0▼ $27,132,703

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$27,096,343--$1,094,530$26,001,813
2017$24,740,780$1,558,693▲ $2,150,836$1,053,016$27,096,343
2016$23,786,299$581,157▲ $1,383,518$807,511$24,740,780
2015$22,836,123$3,283,268▼ $1,350,486$713,600$23,786,299
2014$21,328,713$777,000▲ $1,968,040$656,000$22,836,123
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Peter PerezSociety PresPT$100,256$100,256
Diane LobbestaelPresident-$96,632$96,632

Board Members and Trustees

NameTitle
Joan GaretyChairperson
Bonnie MillerVice Chairpe
Kathleen VogelsangTrustee
Milt RowherTrustee
Paul PotterTrustee
Robert CollierTrustee
William WalkerTrustee
Mike Van HarenSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,094,530
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,094,530
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,094,530--$1,094,530
Total Functional Expenses$1,094,530$0$0$1,094,530
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Grand Rapids Symphony SocietyGrand Rapids, MI501c3Support Operations$1,094,530
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
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
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The 990 is reviewed by the vice president of finance of society and the board of directors and signed by the president prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Board members and staff must sign the written conflict of interest poicy annually and report any conflicts of interest on the form. Policy is monitored by the executive committee.”

Form 990, Page 6, Part VI, Line 19

“The annual report with financial data is available on the website. Governing documents and conflict of interest policy are available upon request from the corporate office.”

Filing and Contact Details

Filer

Filer Name
Grand Rapids Symphony
EIN
38-2243585
Phone
6164549451
Address
300 OTTAWA AVE NW STE 100, GRAND RAPIDS, MI 49503

Signing Officer

Name
Diane Lobbestael
Title
President
Phone
6164549451
Signed
2019-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane Lobbestael
Formed
1979
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Andrews Hooper Pavlik Plc
Address
2311 EAST BELTLINE AVE SE STE 200, GRAND RAPIDS, MI 49546
Preparer
Eric a Ryan
Phone
6169426440
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Transfer to grand rapids symphony foundation -26,001,813 on 9/27/17 the grand rapids symphony endowment, ein 38-2243585, ended operations and transfered their net assets to the grand rapids symphony foundation, ein 81-4564213.”

Form 990, Page 12, Part XII, Line 2C

“The finance committee has the responsibility of the oversight of the annual audit and selection of independent auditors. There has been no change in this process from the prior year.”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“To provide a supplemental source of funds to support the operations of the grand rapids symphony society.”

Schedule D, Page 3, Part X

“The internal revenue service has determined the endowment to be exempt from federal income taxes under 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the endowment's tax-exempt purpose may be subject to taxation as unrelated business income (ubi). Since the organization is exempt from federal income taxes, no provision for income taxes is included in the symphony's accompanying consolidated financial statements. Generally, tax years from 2014 through the current year remain open to examination. The symphony does not believe that the results from the examination of any open years would have a material adverse effect on the consolidated financial statements.”

Schedule D, Page 4, Part XIII

“Part v, line 1g the ending balance of 26,001,813 represents the balance at the time the endowment fund was transferred to the grand rapids symphony foundation (ein 81-4564213) on september 27, 2017.”

Raw XML AppendixShowing 400 of 446 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08661
IRS990/AccountsReceivableGrp/BOYAmt0503528
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SUPPORTS THE OPERATIONS AND PROGRAMS OF THE GRAND RAPIDS SYMPHONY SOCIETY THROUGH SUSTAINMENT OF THE ORCHESTRA'S CONCERT, MUSIC EDUCATION AND ACCESSIBILITY PROGRAMMING ACROSS WEST MICHIGAN.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0MARY TUUK
IRS990/BooksInCareOfDetail/PhoneNum06164549451
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 OTTAWA AVENUE NW STE 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0GRAND RAPIDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049503
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt01094530
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1094530
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01094530
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt00
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0CONTRIBUTIONS TO THE GRAND RAPIDS SYMPHONY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01094530
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt034.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt86.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt98691
IRS990/Form990PartVIISectionAGrp/PersonNm0JOAN GARETY
IRS990/Form990PartVIISectionAGrp/PersonNm1BONNIE MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm2MIKE VAN HAREN
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT COLLIER
IRS990/Form990PartVIISectionAGrp/PersonNm4PAUL POTTER
IRS990/Form990PartVIISectionAGrp/PersonNm5KATHLEEN VOGELSANG
IRS990/Form990PartVIISectionAGrp/PersonNm6MILT ROWHER
IRS990/Form990PartVIISectionAGrp/PersonNm7WILLIAM WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm8PETER PEREZ
IRS990/Form990PartVIISectionAGrp/PersonNm9DIANE LOBBESTAEL
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/ReportableCompFromOrgAmt90
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/ReportableCompFromRltdOrgAmt8100256
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt987941
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRPE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8SOCIETY PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt01094530
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01094530
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01094530
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt021077830
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SUPPORTS THE OPERATIONS AND PROGRAMS OF THE GRAND RAPIDS SYMPHONY SOCIETY BY SUSTAINING THE ORCHESTRA'S CONCERT, MUSIC EDUCATION AND ACCESSIBILITY PROGRAMMING ACROSS WEST MICHIGAN.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt027096343
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-26001813
IRS990/OtherLiabilitiesGrp/BOYAmt027699
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0750000
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt028255988
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02824632
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037619
IRS990/PrincipalOfficerNm0DIANE LOBBESTAEL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01558693
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01053516
IRS990/PYInvestmentIncomeAmt0684511
IRS990/PYOtherExpensesAmt0284200
IRS990/PYRevenuesLessExpensesAmt0889238
IRS990/PYTotalExpensesAmt01353966
IRS990/PYTotalProfFndrsngExpnsAmt016250
IRS990/PYTotalRevenueAmt02243204
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1094530
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01939094
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt01500000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt02000000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt03500000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01558693
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0581157
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03283268
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0777000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06200118
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0479589
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0484705
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0555213
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0420752
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01940259
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0479589
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0484705
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0555213
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0420752
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01940259
IRS990ScheduleA/InvestmentIncomeCYPct00.24000
IRS990ScheduleA/InvestmentIncomePYPct00.18000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.33170
IRS990ScheduleA/PublicSupportPY509Pct00.40900
IRS990ScheduleA/PublicSupportTotal509Amt02700118
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt01500000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt02000000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt03500000
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01558693
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0581157
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03283268
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0777000
IRS990ScheduleA/Total509Grp/TotalAmt06200118
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02038282
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01065862
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03838481
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01197752
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08140377
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt027096343
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt026001813
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01094530
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0300950
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt024740780
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01558693
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt027096343
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02150836
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt01053016
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0202683
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt023786299
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0581157
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt024740780
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01383518
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0807511
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0269006
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt022836123
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt03283268
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt023786299
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1350486
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0713600
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0581630
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt021328713
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0777000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt022836123
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01968040
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0656000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE A SUPPLEMENTAL SOURCE OF FUNDS TO SUPPORT THE OPERATIONS OF THE GRAND RAPIDS SYMPHONY SOCIETY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE INTERNAL REVENUE SERVICE HAS DETERMINED THE ENDOWMENT TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ENDOWMENT'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME (UBI). SINCE THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE SYMPHONY'S ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, TAX YEARS FROM 2014 THROUGH THE CURRENT YEAR REMAIN OPEN TO EXAMINATION. THE SYMPHONY DOES NOT BELIEVE THAT THE RESULTS FROM THE EXAMINATION OF ANY OPEN YEARS WOULD HAVE A MATERIAL ADVERSE EFFECT ON THE CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PART V, LINE 1G THE ENDING BALANCE OF 26,001,813 REPRESENTS THE BALANCE AT THE TIME THE ENDOWMENT FUND WAS TRANSFERRED TO THE GRAND RAPIDS SYMPHONY FOUNDATION (EIN 81-4564213) ON SEPTEMBER 27, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XIII
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt01094530
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GRAND RAPIDS SYMPHONY SOCIETY
IRS990ScheduleI/RecipientTable/RecipientEIN0366005447
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0300 OTTAWA AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GRAND RAPIDS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd049503
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRAND RAPIDS SYMPHONY OFFICE MAINTAINS A 12-QUARTER ROLLING AVERAGE OF THE FOUNDATION'S TOTAL ASSETS. THE DRAW IS CALCULATED BY THE GRAND RAPIDS SYMPHONY OFFICE AND DOCUMENTED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0true
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0ALL NET ASSETS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02017-09-27
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0386005447
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt026001813
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0FMV
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0GRAND RAPIDS SYMPHONY FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0300 OTTAWA NW STE 100
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0GRAND RAPIDS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MI
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd049503
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0ALL TRUSTEE, DIRECTORS, AND KEY EMPLOYEES REMAINED THE SAME WITH RECIPIENT ORGANIZATION.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PAGE 1, PART I, LINE 2E
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE OF SOCIETY AND THE BOARD OF DIRECTORS AND SIGNED BY THE PRESIDENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS AND STAFF MUST SIGN THE WRITTEN CONFLICT OF INTEREST POICY ANNUALLY AND REPORT ANY CONFLICTS OF INTEREST ON THE FORM. POLICY IS MONITORED BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ANNUAL REPORT WITH FINANCIAL DATA IS AVAILABLE ON THE WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST FROM THE CORPORATE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TRANSFER TO GRAND RAPIDS SYMPHONY FOUNDATION -26,001,813 ON 9/27/17 THE GRAND RAPIDS SYMPHONY ENDOWMENT, EIN 38-2243585, ENDED OPERATIONS AND TRANSFERED THEIR NET ASSETS TO THE GRAND RAPIDS SYMPHONY FOUNDATION, EIN 81-4564213.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FINANCE COMMITTEE HAS THE RESPONSIBILITY OF THE OVERSIGHT OF THE ANNUAL AUDIT AND SELECTION OF INDEPENDENT AUDITORS. THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 12, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GRAND RAPIDS SYMPHONY SOCIETY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0386005447
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CONCERTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0300 OTTAWA AVE NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GRAND RAPIDS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd049503
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0true
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt027132703
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt027132703
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01094530
IRS990/TotalFunctionalExpensesGrp/TotalAmt01094530
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt036360
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt036360
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt027096343
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt08691
IRS990/TotalProgramServiceExpensesAmt01094530
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt027132703
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt0188197
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$1,094,530
Net income
-$1,094,530
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$1.09$1.09
2017Detailed filing. Detailed filing data is available for this year.$27.1$0.04$27.1$2.24$1.35$0.89
2016Detailed filing. Detailed filing data is available for this year.$24.7$0.00$24.7$1.12$1.02$0.10
2015Detailed filing. Detailed filing data is available for this year.$23.9$0.07$23.8$3.74$1.01$2.73
2014Detailed filing. Detailed filing data is available for this year.$22.8$0.00$22.8$1.48$1.27$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.1$0.75$21.3$5.92$0.94$4.98
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$0.45$16.8$0.78
2011Summary only. Only limited summary data is available for this year.$13.6$0.29$13.3$0.53$0.69$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$0.26$12.3$0.65