Civic Intelligence

La Crosse Symphony Orchestra Inc

990 • Fiscal year 2021 • EIN 39-1024330

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 15, 2021

201 Main StreetLA Crosse, WI 54601

(608) 783-2121

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

53rd percentile

0.11x

Higher debt load relative to revenue than 53% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

72nd percentile

29%

Higher net margin than 72% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

55th percentile

$69,216

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 11.2% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

70th percentile

22%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

49th percentile

12%

Faster revenue growth than 49% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,044,244

Up $368,434 (+22%) from 2020

Net Assets

Up

$1,977,607

Up $372,738 (+23%) from 2020

Liabilities

Down

$66,637

Down $4,304 (-6.1%) from 2020

Revenue

Up

$617,865

Up $64,053 (+12%) from 2020

Expenses

Down

$441,697

Down $86,568 (-16%) from 2020

Net Income

Up

$176,168

Up $150,621 (+590%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $150,353Liabilities 2011: $144,356Net Assets 2011: $5,9972011Assets 2013: $1,581,894Liabilities 2013: $134,377Net Assets 2013: $1,447,5172013Assets 2014: $1,722,337Liabilities 2014: $130,063Net Assets 2014: $1,592,2742014Assets 2015: $1,671,185Liabilities 2015: $108,892Net Assets 2015: $1,562,2932015Assets 2016: $1,541,297Liabilities 2016: $70,491Net Assets 2016: $1,470,8062016Assets 2017: $1,676,905Liabilities 2017: $77,427Net Assets 2017: $1,599,4782017Assets 2018: $1,685,088Liabilities 2018: $72,108Net Assets 2018: $1,612,9802018Assets 2019: $1,659,367Liabilities 2019: $108,147Net Assets 2019: $1,551,2202019Assets 2020: $1,675,810Liabilities 2020: $70,941Net Assets 2020: $1,604,8692020Assets 2021: $2,044,244Liabilities 2021: $66,637Net Assets 2021: $1,977,6072021Assets 2022: $1,636,295Liabilities 2022: $88,591Net Assets 2022: $1,547,7042022Assets 2023: $1,711,747Liabilities 2023: $148,467Net Assets 2023: $1,563,2802023Assets 2024: $1,929,643Liabilities 2024: $250,071Net Assets 2024: $1,679,5722024

Highlighted filing

2021

Assets$2,044,244
Liabilities$66,637
Net Assets$1,977,607

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $517,3702011Revenue 2013: $1,167,309Expenses 2013: $543,430Net Income 2013: $623,8792013Revenue 2014: $562,600Expenses 2014: $518,752Net Income 2014: $43,8482014Revenue 2015: $602,277Expenses 2015: $577,870Net Income 2015: $24,4072015Revenue 2016: $607,939Expenses 2016: $619,799Net Income 2016: -$11,8602016Revenue 2017: $640,225Expenses 2017: $658,047Net Income 2017: -$17,8222017Revenue 2018: $616,624Expenses 2018: $641,216Net Income 2018: -$24,5922018Revenue 2019: $577,025Expenses 2019: $616,719Net Income 2019: -$39,6942019Revenue 2020: $553,812Expenses 2020: $528,265Net Income 2020: $25,5472020Revenue 2021: $617,865Expenses 2021: $441,697Net Income 2021: $176,1682021Revenue 2022: $616,056Expenses 2022: $719,766Net Income 2022: -$103,7102022Revenue 2023: $635,669Expenses 2023: $726,417Net Income 2023: -$90,7482023Revenue 2024: $800,264Expenses 2024: $790,461Net Income 2024: $9,8032024

Highlighted filing

2021

Revenue$617,865
Expenses$441,697
Net Income$176,168
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$1,231,331
Mission and Program Overview

Mission

To enhance the quality of life in the tri-state region by providing excellent symphonic music for the pleasure of the public, educating people of all ages in the symphonic tradition, and encouraging students and professional musicians to develop and share their musical talents and skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,307,446$1,636,173▲ $328,727
Savings and Temporary Cash Investments$85,767$77,792▼ $7,975
Cash and Non-Interest-Bearing Accounts$8,257$22,014▲ $13,757
Pledges and Grants Receivable$40,363$14,829▼ $25,534
Accounts Receivable$5,000$6,575▲ $1,575
Total Assets$1,675,810$2,044,244▲ $368,434
Other Assets Total$228,977$286,861▲ $57,884
Liabilities
Unsecured Notes Loans Payable$27,320$29,519▲ $2,199
Deferred Revenue$18,798$24,463▲ $5,665
Accounts Payable and Accrued Expenses$24,823$12,655▼ $12,168
Total Liabilities$70,941$66,637▼ $4,304
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,256,617$1,621,289▲ $364,672
Net Assets With Donor Restrictions$348,252$356,318▲ $8,066
Total Net Assets Fund Balance$1,604,869$1,977,607▲ $372,738
Total Liabilities and Net Assets / Fund Balance$1,675,810$2,044,244▲ $368,434

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$13,051$13,051
Other Assets Org$286,861--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$1,307,446$68,000▲ $340,226$67,498$1,636,173
2020$1,361,346-▲ $14,182$68,082$1,307,446
2019$1,381,092-▲ $57,303$65,571$1,361,346
2018$1,344,806$25▲ $110,597$62,747$1,381,092
2017$1,208,335$40,139▲ $174,794$67,800$1,344,806
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eva Marie RestelExecutive DiFT$67,200$2,016$69,216
Jan HenryF&o ManagerFT$58,650$2,346$60,996

Board Members and Trustees

NameTitle
Jennifer KloehnPresident
Jay LokkenPresident-el
David ReedyBoard Emerit
Dick RecordBoard Emerit
Mary Ann GschwindBoard Emerit
Pat HeimBoard Emerit
Annette MikatBoard Member
Bill BoschBoard Member
Chris WaltersBoard Member
Dominique LueckeBoard Member
Eric EricksonBoard Member
Ilene KernozekBoard Member
Jan BrockBoard Member
Katie PoteruchaBoard Member
Lesley CharltonBoard Member
Navid KhezriBoard Member
Pete SchneiderBoard Member
SEAN O'FLAHERTYBoard Member
Bill KoutskyExec Member
Greg BricklExec Member
Lu Ann CaginSecretary
Shawn HansonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$354,523
Program Service Revenue
$69,571
Investment Income
$201,629
Other Revenue
$-7,858
All Other Contributions
$271,454
Change in Net Assets
$176,168

Audited Revenue Reconciliation

Revenue per Audited Statements
$617,865
Revenue Not Reported on Form 990
$244,270
Total Revenue per Audited Statements
$862,135
Total Revenue per Form 990
$617,865
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$282,940
Salaries, Compensation, and Employee Benefits$158,757
Total Fundraising Expense$48,427
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$29,745$47,183$43,223$120,151
All Other Expenses$26,854$26,036-$52,890
Advertising$24,275--$24,275
Other Expenses$24,010--$24,010
Office Expenses$10,960$11,559-$22,519
Other Salaries and Wages$16,157$5,386-$21,543
Payroll Taxes$4,573$5,237$4,305$14,115
Fees for Services Accounting-$6,090-$6,090
Insurance-$5,331-$5,331
Pension Plan Contributions$955$1,094$899$2,948
Occupancy-$1,200-$1,200
Total Functional Expenses$284,154$109,116$48,427$441,697

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$489,397
Expenses per Audited Statements$441,697
Total Expenses per Form 990$441,697
Expenses Not Reported on Form 990$47,700
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Direct Expenses$19,135
Fundraising Gross Income$15,788
Fundraising Direct Expenses$14,799
Gaming Gross Income$10,178
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Valentines Ball$56,170$11,188$11,188$0
Total Events$56,170$11,188$11,188-
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
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
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, Page 6, Part VI, Line 11B

All directors will have an opportunity to review the 990 prior to filing.

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

Board members are responsible to disclose all conflicts of interest. The board of directors will review and monitor each situation independently.

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

Executive director compensation is determined by the executive committee of the board of directors.

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

The executive director determines salary and wages of employees based on budget approved by the board.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
La Crosse Symphony Orchestra Inc
EIN
39-1024330
Phone
6087832121
Address
201 MAIN STREET, LA CROSSE, WI 54601

Signing Officer

Name
Eva Marie Restel
Title
Executive Director
Phone
6087832121
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eva Marie Restel
Formed
1957
Legal Domicile
Wi
Voting Board Members
18
Independent Board Members
18
Employees
3
Volunteers
40

Preparer

Firm
Johnson Block & Co Inc
Address
122 6TH STREET NORTH, LA CROSSE, WI 54601
Preparer
Carrie Leonard CPA
Phone
6087841890
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To enhance the quality of life in the tri-state region by providing excellent symphonic music for the pleasure of the public, educating people of all ages in the symphonic tradition, and encouraging students and professional musicians to develop and share their musical talents and skills.

Form 990, Part IX, Line 24E

Education expenses 23,737 0 0 general production costs 14,289 0 0 bank and credit card fees 0 6,952 0 telephone 0 6,800 0 dues, license, membership 0 5,193 0 bad debt 0 5,000 0 play it forward 3,356 0 0 music 2,472 0 0 miscellaneous 0 2,091 0 orch lodging in-kind -7,000 0 0 auditorium in-kind -10,000 0 0 total 26,854 26,036 0

Form 990, Part XI, Line 9

Change in perpetual trust 57,884

Financial Statement Notes

Schedule D, Page 3, Part X

In accordance with professional standards, the symphony follows the statutory requirements for their income tax accounting and generally avoids risks associated with potentially problematic tax positions that may be challenged upon examination. Management believes any liability resulting from taxing authorities imposing additional income taxes from activities deemed to be unrelated to the symphony's tax-exempt status would not have a material effect on the accompanying financial statements.

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

Change in perpetual trust 57,884

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT-EL
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXEC MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXEC MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD EMERIT
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD EMERIT
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD EMERIT
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD EMERIT
IRS990/Form990PartVIISectionAGrp/TitleTxt22F&O MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01957
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt044982
IRS990/FundraisingDirectExpensesAmt014799
IRS990/FundraisingGrossIncomeAmt015788
IRS990/GainOrLossGrp/SecuritiesAmt0158009
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IRS990/GamingDirectExpensesAmt019135
IRS990/GamingGrossIncomeAmt010178
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt027320
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0737541
IRS990/GrossReceiptsAmt01231331
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IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05331
IRS990/InsuranceGrp/TotalAmt05331
IRS990/InvestmentIncomeGrp/ExclusionAmt043620
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt043620
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt01307446
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01636173
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013051
IRS990/LandBldgEquipCostOrOtherBssAmt013051
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0579532
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ENHANCE THE QUALITY OF LIFE IN THE TRI-STATE REGION BY PROVIDING EXCELLENT SYMPHONIC MUSIC FOR THE PLEASURE OF THE PUBLIC, EDUCATING PEOPLE OF ALL AGES IN THE SYMPHONIC TRADITION, AND ENCOURAGING STUDENTS AND PROFESSIONAL MUSICIANS TO DEVELOP AND SHARE THEIR MUSICAL TALENTS AND SKILLS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0158009
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0989
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt0-8957
IRS990/NetUnrlzdGainsLossesInvstAmt0138686
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IRS990/NoncashContributionsAmt018850
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IRS990/OfficeExpensesGrp/ProgramServicesAmt010960
IRS990/OfficeExpensesGrp/TotalAmt022519
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc0ARTISTIC PERSONNEL
IRS990/OtherExpensesGrp/Desc1SPECIAL CONCERTS
IRS990/OtherExpensesGrp/Desc2AUDITORIUM EXPENSES
IRS990/OtherExpensesGrp/Desc3ORCHESTRA TRAVEL AND LODG
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IRS990/OtherExpensesGrp/ProgramServicesAmt126191
IRS990/OtherExpensesGrp/ProgramServicesAmt225448
IRS990/OtherExpensesGrp/ProgramServicesAmt324010
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IRS990/OtherExpensesGrp/TotalAmt126191
IRS990/OtherExpensesGrp/TotalAmt225448
IRS990/OtherExpensesGrp/TotalAmt324010
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01094
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0EVA MARIE RESTEL
IRS990/ProfessionalFundraisingInd0false
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IRS990/PYTotalRevenueAmt0553812
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
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IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt069571
IRS990/SavingsAndTempCashInvstGrp/BOYAmt085767
IRS990/SavingsAndTempCashInvstGrp/EOYAmt077792
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt058250
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt074055

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.25$1.68$0.80$0.79$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.15$1.56$0.64$0.73$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.09$1.55$0.62$0.72$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.04$0.07$1.98$0.62$0.44$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.07$1.60$0.55$0.53$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.11$1.55$0.58$0.62$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.07$1.61$0.62$0.64$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.08$1.60$0.64$0.66$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.07$1.47$0.61$0.62$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.67$0.11$1.56$0.60$0.58$0.02
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.13$1.59$0.56$0.52$0.04
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.58$0.13$1.45$1.17$0.54$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.14$0.01$0.52