Civic Intelligence

Ann Arbor Symphony Orchestra Inc

EIN 38-6069701 • 501(c)3 • Ann Arbor, MI

Profile

The ann arbor symphony orchestra is passionately committed to enriching the culture of the region. We strive to attract, inspire and educate the most diverse audience possible, foster a growing appreciation for excellent music and regional talent, and provide imaginative programming through community involvement.

Refreshing map…

35 Research Drive Suite 100Ann Arbor, MI 48103

www.a2so.com

Siviq Scores

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

Liabilities / Assets

50th percentile

0.06x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.12x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

37th percentile

-0.7%

Higher net margin than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$97,190

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

55th percentile

5.4%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

0.8%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Using 2023 Form 990 data because the latest 2024 filing does not report standard financial totals.

Assets

Up

$3,830,208

Up $172,294 (+4.7%) from 2022

Liabilities

Up

$351,088

Up $28,382 (+8.8%) from 2022

Net Assets

Up

$3,479,120

Up $143,912 (+4.3%) from 2022

Revenue

Down

$2,036,456

Down $531,433 (-21%) from 2022

Expenses

Up

$1,867,524

Up $291,869 (+19%) from 2022

Net Income

Down

$168,932

Down $823,302 (-83%) from 2022

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $821,928Liabilities 2011: $230,448Net Assets 2011: $591,4802011Assets 2012: $794,971Liabilities 2012: $252,648Net Assets 2012: $542,3232012Assets 2013: $877,357Liabilities 2013: $258,256Net Assets 2013: $619,1012013Assets 2014: $998,326Liabilities 2014: $301,334Net Assets 2014: $696,9922014Assets 2015: $1,136,820Liabilities 2015: $312,574Net Assets 2015: $824,2462015Assets 2016: $1,190,075Liabilities 2016: $308,795Net Assets 2016: $881,2802016Assets 2017: $1,246,977Liabilities 2017: $345,333Net Assets 2017: $901,6442017Assets 2018: $1,234,643Liabilities 2018: $373,141Net Assets 2018: $861,5022018Assets 2019: $1,870,359Liabilities 2019: $360,685Net Assets 2019: $1,509,6742019Assets 2020: $2,576,582Liabilities 2020: $462,449Net Assets 2020: $2,114,1332020Assets 2021: $3,285,652Liabilities 2021: $504,352Net Assets 2021: $2,781,3002021Assets 2022: $3,657,914Liabilities 2022: $322,706Net Assets 2022: $3,335,2082022Assets 2023: $3,830,208Liabilities 2023: $351,088Net Assets 2023: $3,479,1202023

Latest loaded filing

2023

Assets$3,830,208
Liabilities$351,088
Net Assets$3,479,120

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $942,0792011Expenses 2012: $1,044,3382012Revenue 2013: $1,197,210Expenses 2013: $1,150,431Net Income 2013: $46,7792013Revenue 2014: $1,249,321Expenses 2014: $1,226,690Net Income 2014: $22,6312014Revenue 2015: $1,421,395Expenses 2015: $1,271,357Net Income 2015: $150,0382015Revenue 2016: $1,336,228Expenses 2016: $1,293,202Net Income 2016: $43,0262016Revenue 2017: $1,437,295Expenses 2017: $1,445,282Net Income 2017: -$7,9872017Revenue 2018: $1,460,986Expenses 2018: $1,496,846Net Income 2018: -$35,8602018Revenue 2019: $2,281,045Expenses 2019: $1,645,379Net Income 2019: $635,6662019Revenue 2020: $1,877,081Expenses 2020: $1,265,629Net Income 2020: $611,4522020Revenue 2021: $1,192,710Expenses 2021: $767,669Net Income 2021: $425,0412021Revenue 2022: $2,567,889Expenses 2022: $1,575,655Net Income 2022: $992,2342022Revenue 2023: $2,036,456Expenses 2023: $1,867,524Net Income 2023: $168,9322023

Latest loaded filing

2023

Revenue$2,036,456
Expenses$1,867,524
Net Income$168,932

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.83$0.35$3.48$2.04$1.87$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.66$0.32$3.34$2.57$1.58$0.99
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$0.50$2.78$1.19$0.77$0.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.46$2.11$1.88$1.27$0.61
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.36$1.51$2.28$1.65$0.64
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.37$0.86$1.46$1.50$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.35$0.90$1.44$1.45$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.19$0.31$0.88$1.34$1.29$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.31$0.82$1.42$1.27$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.00$0.30$0.70$1.25$1.23$0.02
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.88$0.26$0.62$1.20$1.15$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.25$0.54$1.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.23$0.59$0.94
Latest Detailed Filing

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

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 22, 2022
Return Version
2020v4.0
Gross Receipts
$1,715,910
Mission and Program Overview

Mission

The ann arbor symphony orchestra is passionately committed to enriching the culture of the region. We strive to attract, inspire and educate the most diverse audience possible, foster a growing appreciation for excellent music and regional talent, and provide imaginative programming through community involvement.

The ann arbor symphony orchestra is passionately committed to enriching the culture of the region. We foster a growing appreciation for orchestral music and regional musicians through imaginative programming and community involvement, inspiring and educating a diverse audience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,106,736$2,135,688▲ $1,028,952
Savings and Temporary Cash Investments$570,337$746,622▲ $176,285
Pledges and Grants Receivable$782,352$280,143▼ $502,209
Cash and Non-Interest-Bearing Accounts$46,508$66,691▲ $20,183
Accounts Receivable$39,172$30,565▼ $8,607
Land, Buildings, and Equipment, Net$25,822$20,302▼ $5,520
Prepaid Expenses and Deferred Charges$5,655$5,641▼ $14
Total Assets$2,576,582$3,285,652▲ $709,070
Liabilities
Deferred Revenue$227,994$270,001▲ $42,007
Other Liabilities$203,503$203,504▲ $1
Accounts Payable and Accrued Expenses$30,952$30,847▼ $105
Total Liabilities$462,449$504,352▲ $41,903
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,650,187$1,818,247▲ $168,060
Net Assets Without Donor Restrictions$463,946$963,053▲ $499,107
Total Net Assets Fund Balance$2,114,133$2,781,300▲ $667,167
Total Liabilities and Net Assets / Fund Balance$2,576,582$3,285,652▲ $709,070

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,103$164,247$178,350
Leasehold Improvements$6,199$15,005$21,204

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$1,632,090$112,934▲ $352,863$-352,863$1,745,024
2020$1,114,165$517,925▲ $40,055$-40,055$1,632,090
2019$523,640$590,525▲ $70,545$-70,545$1,114,165
2018$632,633$10,000▲ $37,844$-156,837$523,640
2017$604,972-▲ $53,911$-26,250$632,633
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tyler RandExecutive DiFT$70,875$1,065$71,940
Revenue and Support

Revenue Composition

Contributions and Grants
$1,004,682
Program Service Revenue
$49,266
Investment Income
$111,995
Other Revenue
$26,767
All Other Contributions
$848,040
Change in Net Assets
$425,041

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,191,705
Revenue Not Reported on Financial Statements
$1,005
Revenue Not Reported on Form 990
$258,259
Total Revenue per Audited Statements
$1,449,964
Total Revenue per Form 990
$1,192,710
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$573,917
Other Expenses$193,752
Total Fundraising Expense$105,785
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$267,768$80,656$57,114$405,538
Current Officers, Directors, Trustees, and Key Employees-$57,556$24,666$82,222
Occupancy$19,364$28,645$1,523$49,532
Other Employee Benefits$20,035$17,667$11,659$49,361
Payroll Taxes$20,603$10,082$6,111$36,796
Fees for Services Other$16,447$151-$16,598
Fees for Services Legal-$13,851-$13,851
Fees for Services Accounting-$12,800-$12,800
Advertising$10,126--$10,126
Depreciation Depletion$970$8,580-$9,550
Office Expenses$1,613$6,215$1,288$9,116
Other Expenses$3,078$3,231$2,789$9,098
All Other Expenses$1,291$5,302-$6,593
Insurance$349$3,191$97$3,637
Travel$1,465$236-$1,701
Fees for Service Investment Mgmnt Fees-$1,005-$1,005
Conferences and Meetings--$538$538
Total Functional Expenses$401,322$260,562$105,785$767,669

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$782,797
Total Expenses per Form 990$767,669
Expenses per Audited Statements$766,664
Expenses Not Reported on Form 990$16,133
Expenses Not Reported on Financial Statements$1,005
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$42,900
Fundraising Direct Expenses$16,133
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Heart for the a$24,285$24,285$1,003$23,282
Duet Dinners$20,315$18,615$2,731$15,884
Total Events$44,600$42,900$16,133$26,767
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance - Ppp Loan$203,504
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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

Line 2: members served on the board independently prior to marriage.

Form 990, Page 6, Part VI, Line 2

Robert gates julie gates director director married

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

The form 990 is reviewed by the business manager and the treasurer. After corrections are made as necessary, it is provided to the finance committee and then full board of directors is given the opportunity to review it prior to being filed.

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

The organization asks the officers and directors to report to us if a conflict arises, and we carefully monitor all transactions through written and verbal dialogue with board members. Conflict of interest form distributed and completed annually by all board members.

Form 990, Page 6, Part VI, Line 15A

Determination of the salary for the executive director includes a comparison with nation-wide salaries in the orchestra field; in particular, with orchestras in our same budget class. The executive committee reviews this information in light of the current local economic conditions and the ann arbor symphony orchestra budget. They then make a recommendation to the board, who approves the amount put into the budget.

Form 990, Page 6, Part VI, Line 15B

Determination of the salary for the music director includes a comparison with nation-wide salaries in the orchestra field; in particular, with orchestras in our same budget class. This is done as part of his multi-year contract with the ann arbor symphony orchestra. The negotiator (generally the president) reviews this information with the executive committee in light of the current local economic conditions and the ann arbor symphony orchestra budget. They then make a recommendation to the board, who approves the contract.

Form 990, Page 6, Part VI, Line 19

990's are public information and are available online for all not-for- profits; also documents are available to individuals upon request.

Filing and Contact Details

Filer

Filer Name
Ann Arbor Symphony Orchestra Inc
EIN
38-6069701
Phone
7349944801
Address
35 RESEARCH DRIVE SUITE 100, ANN ARBOR, MI 48103

Signing Officer

Name
Daniel B Clark
Title
Treasurer
Phone
7349944801
Signed
2022-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tyler Rand
Formed
1966
Legal Domicile
Mi
Voting Board Members
35
Independent Board Members
35
Employees
141
Volunteers
47

Preparer

Firm
Yeo & Yeo Pc
Address
1450 EISENHOWER PLACE, ANN ARBOR, MI 48108-3283
Preparer
Michael a Georges
Phone
7347691331
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The ann arbor symphony orchestra is passionately committed to enriching the culture of the region. We foster a growing appreciation for orchestral music and regional musicians through imaginative programming and community involvement, inspiring and educating a diverse audience.

Form 990, Part XI, Line 9

Direct fundraising expenses 16,133 direct fundraising expenses -16,133

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Direct fundraising expenses 16,133

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising expenses 16,133

Raw XML AppendixShowing 400 of 717 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
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