Civic Intelligence

Detroit Symphony Orchestra Endowment Trust Fund II

990 • Fiscal year 2022 • EIN 38-2609947

Sep 01, 2021 to Aug 31, 2022 • Filed on Jun 08, 2023

Organization ProfileN/A
3711 Woodward AvenueDetroit, MI 48226

(313) 576-5100

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

83rd percentile

37%

Higher net margin than 83% of similar nonprofits.

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

Top Officer Pay

70th percentile

$102,218

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 55.4% of source-year revenue.

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

Asset Growth

9th percentile

-19%

Faster asset growth than 9% of similar nonprofits.

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

Revenue Growth

92nd percentile

122%

Faster revenue growth than 92% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$1,988,163

Down $454,776 (-19%) from 2021

Net Assets

Down

$1,988,163

Down $454,776 (-19%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin83rd percentile

Revenue

Up

$184,417

Up $101,445 (+122%) from 2021

Expenses

Up

$117,011

Up $3,627 (+3.2%) from 2021

Net Income

Up

$67,406

Up $97,818 (+322%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,470,352Liabilities 2010: $0Net Assets 2010: $2,470,3522010Assets 2011: $2,286,392Liabilities 2011: $0Net Assets 2011: $2,286,3922011Assets 2012: $2,315,061Liabilities 2012: $0Net Assets 2012: $2,315,0612012Assets 2013: $2,275,501Liabilities 2013: $0Net Assets 2013: $2,275,5012013Assets 2014: $2,499,905Liabilities 2014: $0Net Assets 2014: $2,499,9052014Assets 2015: $2,212,023Liabilities 2015: $0Net Assets 2015: $2,212,0232015Assets 2016: $2,174,523Liabilities 2016: $0Net Assets 2016: $2,174,5232016Assets 2017: $2,231,225Liabilities 2017: $0Net Assets 2017: $2,231,2252017Assets 2018: $2,322,716Liabilities 2018: $0Net Assets 2018: $2,322,7162018Assets 2019: $2,205,101Liabilities 2019: $0Net Assets 2019: $2,205,1012019Assets 2020: $2,169,412Liabilities 2020: $0Net Assets 2020: $2,169,4122020Assets 2021: $2,442,939Liabilities 2021: $0Net Assets 2021: $2,442,9392021Assets 2022: $1,988,163Liabilities 2022: $0Net Assets 2022: $1,988,1632022Assets 2023: $2,025,327Liabilities 2023: $0Net Assets 2023: $2,025,3272023Assets 2024: $2,232,147Liabilities 2024: $0Net Assets 2024: $2,232,1472024

Highlighted filing

2022

Assets$1,988,163
Liabilities$0
Net Assets$1,988,163
Open 2022 Filing

Operations Trend

Revenue Growth92nd percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $451,7932010Expenses 2011: $319,8702011Expenses 2012: $124,2452012Revenue 2013: $263,980Expenses 2013: $126,319Net Income 2013: $137,6612013Revenue 2014: $270,357Expenses 2014: $120,149Net Income 2014: $150,2082014Revenue 2015: $44,360Expenses 2015: $114,866Net Income 2015: -$70,5062015Revenue 2016: -$67,009Expenses 2016: $118,537Net Income 2016: -$185,5462016Revenue 2017: $100,227Expenses 2017: $121,645Net Income 2017: -$21,4182017Revenue 2018: $117,771Expenses 2018: $121,647Net Income 2018: -$3,8762018Revenue 2019: $16,146Expenses 2019: $116,777Net Income 2019: -$100,6312019Revenue 2020: $77,152Expenses 2020: $117,183Net Income 2020: -$40,0312020Revenue 2021: $82,972Expenses 2021: $113,384Net Income 2021: -$30,4122021Revenue 2022: $184,417Expenses 2022: $117,011Net Income 2022: $67,4062022Revenue 2023: $64,169Expenses 2023: $116,821Net Income 2023: -$52,6522023Revenue 2024: $20,678Expenses 2024: $116,833Net Income 2024: -$96,1552024

Highlighted filing

2022

Revenue$184,417
Expenses$117,011
Net Income$67,406
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jun 8, 2023
Return Version
2021v4.2
Gross Receipts
$726,642
Mission and Program Overview

Mission

NONE

To provide support to detroit symphony orchestra, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,442,939$1,988,163▼ $454,776
Total Assets$2,442,939$1,988,163▼ $454,776
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,442,939$1,988,163▼ $454,776
Total Net Assets Fund Balance$2,442,939$1,988,163▼ $454,776
Total Liabilities and Net Assets / Fund Balance$2,442,939$1,988,163▼ $454,776

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$2,442,939-▼ $337,765-$1,988,163
2021$2,169,413-▲ $386,910-$2,442,939
2020$2,205,101-▲ $81,495-$2,169,413
2019$2,322,716-▼ $838-$2,205,101
2018$2,231,225-▲ $213,138-$2,322,716
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleBaseOtherTotal
-Trustee$1,448$100,770$102,218
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$184,417
Other Revenue
$0
Change in Net Assets
$67,406
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$86,688
Other Expenses$30,323
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$86,688--$86,688
Fees for Service Investment Mgmnt Fees-$30,323-$30,323
Total Functional Expenses$86,688$30,323$0$117,011
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Detroit Symphony OrchestraDetroit, MI501(c)(3)To Provide Support to the Detroit Symphony Orchestra, Inc.$86,688
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
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“By trust agreement, while the detroit symphony orchestra, inc. Cannot unilaterally terminate a trustee, it is empowered to name a new trustee if the trustee resigns.”

Form 990, Part VI, Section A, Line 8A

“This entity is structured as a trust and has a trustee rather than a board of directors.”

Form 990, Part VI, Section A, Line 8B

“This entity is structured as a trust and has a trustee rather than a board of directors.”

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

“This entity is structured as a trust and has a trustee rather than a governing body. The tax return is reviewed by the senior director of accounting & finance and the cfo of detroit symphony orchestra, inc. Prior to filing.”

Form 990, Part VI, Section C, Line 19

“All documents are available to major institutional donors and members of the board of directors upon request.”

FORM 990, PART VII:

“Compensation: investment management fees were paid to comerica bank as a trustee in the amount of $1,448. Investment management fees were paid to comerica bank from related organizations in the amount of $100,770; $98,619 was paid by the detroit symphony orchestra, inc. And $2,150 was paid by the detroit symphony orchestra endowment trust fund i to comerica bank.”

FORM 990, PART VI, SECTION B:

“Policies: no separate policies exist because the entity is governed by a trust document. In general, the trust is governed by a trust document but also follows the governance policies of its supported organization, detroit symphony orchestra, inc.”

Filing and Contact Details

Filer

Filer Name
Detroit Symphony Orchestra Endowment
EIN
38-2609947
Phone
3135765100
Address
3711 WOODWARD AVENUE, DETROIT, MI 48226

Signing Officer

Name
Linda Lutz
Title
Chief Financial Officer
Phone
3135765100
Signed
2023-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Parsons
Formed
1985
Legal Domicile
Mi
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Plante & Moran Pllc
Address
2601 CAMBRIDGE CT STE 300, AUBURN HILLS, MI 48326
Preparer
Amy Ciminello
Phone
2483757100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Audited financial statements: detroit symphony orchestra endowment trust fund ii has an annual consolidated audit that includes related entities. The detroit symphony orchestra, inc. Audit committee supervises the audit process.”

Financial Statement Notes

PART V, LINE 4:

“The endowment funds are used to support the operations of the detroit symphony orchestra. The fund annually disburses the net income to support its operations.”

Raw XML Appendix380 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/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE SUPPORT TO DETROIT SYMPHONY ORCHESTRA, INC.
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LINDA LUTZ
IRS990/BooksInCareOfDetail/PhoneNum03135765140
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03711 WOODWARD
IRS990/BooksInCareOfDetail/USAddress/CityNm0DETROIT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048201
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt086688
IRS990/CYInvestmentIncomeAmt0184417
IRS990/CYOtherExpensesAmt030323
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt067406
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0117011
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0184417
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO PROVIDE DISTRIBUTIONS TO THE DETROIT SYMPHONY ORCHESTRA, INC.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02442939
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01988163
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt086688
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt030323
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt030323
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0COMERICA BANK
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01448
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0100770
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt037645
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantAmt086688
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt086688
IRS990/GrantsToDomesticOrgsGrp/TotalAmt086688
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0579870
IRS990/GrossReceiptsAmt0726642
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0146772
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0146772
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02442939
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01988163
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0542225
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0NONE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02442939
IRS990/NetAssetsOrFundBalancesEOYAmt01988163
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt037645
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt037645
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-522182
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANNE PARSONS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0112077
IRS990/PYInvestmentIncomeAmt082972
IRS990/PYOtherExpensesAmt01307
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-30412
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0113384
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt082972
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt067406
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0BY TRUST AGREEMENT, WHILE DSO CANNOT UNILATERALLY TERMINATE A TRUSTEE, IT IS EMPOWERED TO NAME A NEW TRUSTEE IF THE TRUSTEE RESIGNS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION B, LINE 1
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0381385132
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt086688
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE DETROIT SYMPHONY ORCHESTRA INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt086688
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt030323
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02442939
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01988163
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt086688
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-337765
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01307
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02169413
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02442939
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0112077
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0386910
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt05042
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02205101
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02169413
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0112141
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt081495
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt06481
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02322716
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02205101
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0110296
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-838
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt06873
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02231225
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02322716
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0114774
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0213138
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE OPERATIONS OF THE DETROIT SYMPHONY ORCHESTRA. THE FUND ANNUALLY DISBURSES THE NET INCOME TO SUPPORT ITS OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt086688
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE SUPPORT TO THE DETROIT SYMPHONY ORCHESTRA, INC.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DETROIT SYMPHONY ORCHESTRA
IRS990ScheduleI/RecipientTable/RecipientEIN0381385132
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03711 WOODWARD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DETROIT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048201
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0DETROIT SYMPHONY ORCHESTRA ENDOWMENT TRUST FUND II IS ORGANIZED TO SUPPORT THE DETROIT SYMPHONY ORCHESTRA, INC. THE ENDOWMENT TRUST FUND ANNUALLY DISBURSES THE NET INCOME TO THE DETROIT SYMPHONY ORCHESTRA SO LONG AS IT MAINTAINS, IN THE CITY OF DETROIT, MICHIGAN, A FIRST-CLASS SYMPHONY ORCHESTRA, PRESENTING IN EACH SEASON A REGULAR SERIES OF SYMPHONY CONCERTS IN ACCORDANCE WITH THE BEST TRADITIONS AND PRACTICES OF SUCH ORGANIZATIONS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BY TRUST AGREEMENT, WHILE THE DETROIT SYMPHONY ORCHESTRA, INC. CANNOT UNILATERALLY TERMINATE A TRUSTEE, IT IS EMPOWERED TO NAME A NEW TRUSTEE IF THE TRUSTEE RESIGNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS ENTITY IS STRUCTURED AS A TRUST AND HAS A TRUSTEE RATHER THAN A BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS ENTITY IS STRUCTURED AS A TRUST AND HAS A TRUSTEE RATHER THAN A BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS ENTITY IS STRUCTURED AS A TRUST AND HAS A TRUSTEE RATHER THAN A GOVERNING BODY. THE TAX RETURN IS REVIEWED BY THE SENIOR DIRECTOR OF ACCOUNTING & FINANCE AND THE CFO OF DETROIT SYMPHONY ORCHESTRA, INC. PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE AVAILABLE TO MAJOR INSTITUTIONAL DONORS AND MEMBERS OF THE BOARD OF DIRECTORS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AUDITED FINANCIAL STATEMENTS: DETROIT SYMPHONY ORCHESTRA ENDOWMENT TRUST FUND II HAS AN ANNUAL CONSOLIDATED AUDIT THAT INCLUDES RELATED ENTITIES. THE DETROIT SYMPHONY ORCHESTRA, INC. AUDIT COMMITTEE SUPERVISES THE AUDIT PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION: INVESTMENT MANAGEMENT FEES WERE PAID TO COMERICA BANK AS A TRUSTEE IN THE AMOUNT OF $1,448. INVESTMENT MANAGEMENT FEES WERE PAID TO COMERICA BANK FROM RELATED ORGANIZATIONS IN THE AMOUNT OF $100,770; $98,619 WAS PAID BY THE DETROIT SYMPHONY ORCHESTRA, INC. AND $2,150 WAS PAID BY THE DETROIT SYMPHONY ORCHESTRA ENDOWMENT TRUST FUND I TO COMERICA BANK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7POLICIES: NO SEPARATE POLICIES EXIST BECAUSE THE ENTITY IS GOVERNED BY A TRUST DOCUMENT. IN GENERAL, THE TRUST IS GOVERNED BY A TRUST DOCUMENT BUT ALSO FOLLOWS THE GOVERNANCE POLICIES OF ITS SUPPORTED ORGANIZATION, DETROIT SYMPHONY ORCHESTRA, INC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0DETROIT SYMPHONY ORCHESTRA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DETROIT SYMPHONY ORCHESTRA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE DETROIT SYMPHONY ORCHESTRA ENDOWMENT TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0381385132
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1237269970
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MUSIC PERFORMANCE AND EDUCATION PROGRAMS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1INVESTMENT ACTIVITIES TO SUPPORT THE DETROIT SYMPHONY ORCHESTRA, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt112A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03711 WOODWARD AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1611 WOODWARD AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DETROIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1DETROIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd048201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd148201
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02442939
IRS990/TotalAssetsEOYAmt01988163
IRS990/TotalAssetsGrp/BOYAmt02442939
IRS990/TotalAssetsGrp/EOYAmt01988163
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030323
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt086688
IRS990/TotalFunctionalExpensesGrp/TotalAmt0117011
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02442939
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01988163
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt086688
IRS990/TotalReportableCompFromOrgAmt01448
IRS990/TotalRevenueGrp/ExclusionAmt0184417
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0184417
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02442939
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01988163
IRS990/TotReportableCompRltdOrgAmt0100770
IRS990/TransactionWithControlEntInd00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03711 WOODWARD AVENUE
IRS990/USAddress/CityNm0DETROIT
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048226
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA LUTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03135765100
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DETROIT SYMPHONY ORCHESTRA ENDOWMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRUST FUND II
ReturnHeader/Filer/BusinessNameControlTxt0DETR
ReturnHeader/Filer/EIN0382609947
ReturnHeader/Filer/PhoneNum03135765100
ReturnHeader/Filer/USAddress/AddressLine1Txt03711 WOODWARD AVENUE
ReturnHeader/Filer/USAddress/CityNm0DETROIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048226
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381357951
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PLANTE & MORAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02601 CAMBRIDGE CT STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUBURN HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048326
ReturnHeader/PreparerPersonGrp/PhoneNum02483757100
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY CIMINELLO
ReturnHeader/ReturnTs02023-06-09T15:41:17-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LINDA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LUTZ
ReturnHeader/TaxPeriodBeginDt02021-09-01
ReturnHeader/TaxPeriodEndDt02022-08-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,988,163
Liabilities
$0
Net assets
$1,988,163
Revenue
$184,417
Expenses
$117,011
Net income
$67,406
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.02$0.12$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.03$0.00$2.03$0.06$0.12$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.18$0.12$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.00$2.44$0.08$0.11$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$0.08$0.12$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$0.02$0.12$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$0.12$0.12$0.00
2017Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.10$0.12$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$0.07$0.12$0.19
2015Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$0.04$0.11$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.50$0.00$2.50$0.27$0.12$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.00$2.28$0.26$0.13$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.00$2.32$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.00$2.29$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.00$2.47$0.45