Civic Intelligence

Austin Symphony Orchestra Society Inc.

990 • Fiscal year 2019 • EIN 41-6023056

Aug 01, 2018 to Jul 31, 2019 • Filed on Sep 05, 2019

2110 7th Avenue SWAustin, MN 55912

(507) 433-7890

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

23rd percentile

-11%

Higher net margin than 23% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

79th percentile

$6,903

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

29th percentile

-9.7%

Faster asset growth than 29% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

35th percentile

-9.1%

Faster revenue growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$179,125

Down $19,314 (-9.7%) from 2018

Net Assets

Down

$179,125

Down $19,314 (-9.7%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$128,592

Down $12,894 (-9.1%) from 2018

Expenses

Up

$142,263

Up $2,987 (+2.1%) from 2018

Net Income

Down

-$13,671

Down $15,881 (-719%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $16,864Liabilities 2011: $0Net Assets 2011: $16,8642011Assets 2012: $10,860Liabilities 2012: $0Net Assets 2012: $10,8602012Assets 2013: $94,650Liabilities 2013: $0Net Assets 2013: $94,6502013Assets 2014: $210,834Liabilities 2014: $0Net Assets 2014: $210,8342014Assets 2015: $204,100Liabilities 2015: $0Net Assets 2015: $204,1002015Assets 2016: $215,246Liabilities 2016: $0Net Assets 2016: $215,2462016Assets 2017: $193,170Liabilities 2017: $0Net Assets 2017: $193,1702017Assets 2018: $198,439Liabilities 2018: $0Net Assets 2018: $198,4392018Assets 2019: $179,125Liabilities 2019: $0Net Assets 2019: $179,1252019Assets 2020: $260,090Liabilities 2020: $0Net Assets 2020: $260,0902020Assets 2021: $256,530Liabilities 2021: $0Net Assets 2021: $256,5302021Assets 2022: $224,304Liabilities 2022: $0Net Assets 2022: $224,3042022Assets 2023: $195,986Liabilities 2023: $0Net Assets 2023: $195,9862023Assets 2024: $250,397Liabilities 2024: $0Net Assets 2024: $250,3972024Assets 2025: $266,510Liabilities 2025: $0Net Assets 2025: $266,5102025

Highlighted filing

2019

Assets$179,125
Liabilities$0
Net Assets$179,125

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $82,3982011Expenses 2012: $86,3372012Expenses 2013: $81,6192013Revenue 2014: $216,784Expenses 2014: $94,109Net Income 2014: $122,6752014Revenue 2015: $101,898Expenses 2015: $120,981Net Income 2015: -$19,0832015Revenue 2016: $122,317Expenses 2016: $106,766Net Income 2016: $15,5512016Revenue 2017: $99,259Expenses 2017: $132,271Net Income 2017: -$33,0122017Revenue 2018: $141,486Expenses 2018: $139,276Net Income 2018: $2,2102018Revenue 2019: $128,592Expenses 2019: $142,263Net Income 2019: -$13,6712019Revenue 2020: $172,680Expenses 2020: $98,496Net Income 2020: $74,1842020Revenue 2021: $125,454Expenses 2021: $146,818Net Income 2021: -$21,3642021Revenue 2022: $158,924Expenses 2022: $158,864Net Income 2022: $602022Revenue 2023: $161,418Expenses 2023: $188,649Net Income 2023: -$27,2312023Revenue 2024: $224,811Expenses 2024: $185,056Net Income 2024: $39,7552024Revenue 2025: $178,985Expenses 2025: $169,915Net Income 2025: $9,0702025

Highlighted filing

2019

Revenue$128,592
Expenses$142,263
Net Income-$13,671
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Sep 5, 2019
Return Version
2018v3.1
Gross Receipts
$162,049
Mission and Program Overview

Mission

Provide symphony concerts for the public and support the local music community

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$175,670$159,634▼ $16,036
Cash and Non-Interest-Bearing Accounts$13,348$7,938▼ $5,410
Savings and Temporary Cash Investments-$2-
Total Assets$198,439$179,125▼ $19,314
Other Assets Total$9,421$11,551▲ $2,130
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$198,439$179,125▼ $19,314
Total Net Assets Fund Balance$198,439$179,125▼ $19,314
Total Liabilities and Net Assets / Fund Balance$198,439$179,125▼ $19,314

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$11,551--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Martha ChancellorDirector$6,903$6,903
Paul WahlstromTreasurer$4,583$4,583
Laura LarsonDirector$4,163$4,163
Phil BurkhartDirector$1,561$1,561

Board Members and Trustees

NameTitle
Kiven LukesCo-president
Millie MasseCo-president
Ann BundyDirector
Danielle HeinyDirector
Linda BaumannDirector
Mahlon SchneiderDirector
Marge DunlapDirector
Mark NiethammerDirector
Marvin RepinskiDirector
Roger BoughtonDirector
Sonia LarsonDirector
Sue GroveDirector
Sue RadloffDirector
Terry DorseyDirector
Tim DavisDirector
Tim RietzDirector
Brandon LawheadComm Liason
Lorene StroebelSecretary
Jim HerrickVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$91,073
Program Service Revenue
$21,779
Investment Income
$15,740
Other Revenue
$0
All Other Contributions
$88,573
Change in Net Assets
$-13,671
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$101,251
Salaries, Compensation, and Employee Benefits$41,012
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$19,681$4,909-$24,590
Other Salaries and Wages$23,802--$23,802
Current Officers, Directors, Trustees, and Key Employees$17,210--$17,210
Advertising$7,732--$7,732
Other Expenses$6,590--$6,590
Travel$3,950--$3,950
Office Expenses-$2,597-$2,597
Insurance-$964-$964
Total Functional Expenses$133,793$8,470$0$142,263
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
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
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

Treasurer reviews the form 990 prior to filing

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

The board of directors sets all compensation. No board memeber is paid for service on the board, however, some board members are paid for other serv ices to the organization. Board members abstain from voting on their own c ompensation.

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

The board of directors sets all compensation. No board memeber is paid for service on the board, however, some board members are paid for other serv ices to the organization. Board members abstain from voting on their own c ompensation.

Form 990, Page 6, Part VI, Line 19

Available upon reasonable request

Filing and Contact Details

Filer

Filer Name
Austin Symphony Orchestra Society
EIN
41-6023056
Phone
5074337890
Address
2110 7TH AVENUE SW, AUSTIN, MN 55912

Signing Officer

Name
Paul Wahlstrom
Title
Treasurer
Phone
5074335647
Signed
2019-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kiven Lukes
Formed
1957
Legal Domicile
Mn
Voting Board Members
23
Independent Board Members
23
Employees
4
Volunteers
23

Preparer

Firm
Hill Larson & Walth Pa
Address
326 NORTH MAIN STREET, AUSTIN, MN 55912-3006
Preparer
Ronald P Walth
Phone
5074332264
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Sound and custodial 6,450 0 0 music 6,186 0 0 guests 2,843 0 0 dues 0 2,544 0 miscellaneous 0 1,699 0 concert and rehersal 1,440 0 0 director 988 0 0 supplies 586 0 0 artists expenses 552 0 0 receptions 386 0 0 website 0 340 0 bank fees 0 326 0 instruments 250 0 0 total 19,681 4,909 0

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IRS990/IndependentVotingMemberCnt023
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0964
IRS990/InsuranceGrp/TotalAmt0964
IRS990/InvestmentIncomeGrp/ExclusionAmt013697
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013697
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0175670
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0159634
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt033457
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE SYMPHONY CONCERTS FOR THE PUBLIC AND SUPPORT THE LOCAL MUSIC COMMUNITY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0198439
IRS990/NetAssetsOrFundBalancesEOYAmt0179125
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt02043
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02043
IRS990/NetUnrlzdGainsLossesInvstAmt0-5643
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02597
IRS990/OfficeExpensesGrp/TotalAmt02597
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09421
IRS990/OtherAssetsTotalGrp/EOYAmt011551
IRS990/OtherExpensesGrp/Desc0ARTISTS
IRS990/OtherExpensesGrp/Desc1REGULAR PLAYERS
IRS990/OtherExpensesGrp/Desc2FRIENDS OF ASO
IRS990/OtherExpensesGrp/Desc3IMPORT PLAYER
IRS990/OtherExpensesGrp/ProgramServicesAmt031900
IRS990/OtherExpensesGrp/ProgramServicesAmt114798
IRS990/OtherExpensesGrp/ProgramServicesAmt28130
IRS990/OtherExpensesGrp/ProgramServicesAmt36590
IRS990/OtherExpensesGrp/TotalAmt031900
IRS990/OtherExpensesGrp/TotalAmt114798
IRS990/OtherExpensesGrp/TotalAmt28130
IRS990/OtherExpensesGrp/TotalAmt36590
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt023802
IRS990/OtherSalariesAndWagesGrp/TotalAmt023802
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KIVEN LUKES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1PERFORMANCES
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016909
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12600
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22270
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt016909
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22270
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0100390
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01000
IRS990/PYInvestmentIncomeAmt014029
IRS990/PYOtherExpensesAmt098358
IRS990/PYProgramServiceRevenueAmt027067
IRS990/PYRevenuesLessExpensesAmt02210
IRS990/PYSalariesCompEmpBnftPaidAmt039918
IRS990/PYTotalExpensesAmt0139276
IRS990/PYTotalRevenueAmt0141486
IRS990/ReconcilationRevenueExpnssAmt0-13671
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt021779
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt091073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0100390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt073484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt096038
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt080043
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0441028
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013697
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012533
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07470
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011970
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0839
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt046509
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt048846
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62670
IRS990ScheduleA/PublicSupportPY170Pct00.49380
IRS990ScheduleA/PublicSupportTotal170Amt0305531
IRS990ScheduleA/SubstantialContributorsTotAmt0135497
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt091073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0100390
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt073484
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt096038
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt080043
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0441028
IRS990ScheduleA/TotalSupportAmt0487537
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011551
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0HELD BY AUSTIN AREA FOUNDATION
IRS990ScheduleD/TotalBookValueOtherAssetsAmt011551
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TREASURER REVIEWS THE FORM 990 PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS SETS ALL COMPENSATION. NO BOARD MEMEBER IS PAID FOR SERVICE ON THE BOARD, HOWEVER, SOME BOARD MEMBERS ARE PAID FOR OTHER SERV ICES TO THE ORGANIZATION. BOARD MEMBERS ABSTAIN FROM VOTING ON THEIR OWN C OMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS SETS ALL COMPENSATION. NO BOARD MEMEBER IS PAID FOR SERVICE ON THE BOARD, HOWEVER, SOME BOARD MEMBERS ARE PAID FOR OTHER SERV ICES TO THE ORGANIZATION. BOARD MEMBERS ABSTAIN FROM VOTING ON THEIR OWN C OMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REASONABLE REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SOUND AND CUSTODIAL 6,450 0 0 MUSIC 6,186 0 0 GUESTS 2,843 0 0 DUES 0 2,544 0 MISCELLANEOUS 0 1,699 0 CONCERT AND REHERSAL 1,440 0 0 DIRECTOR 988 0 0 SUPPLIES 586 0 0 ARTISTS EXPENSES 552 0 0 RECEPTIONS 386 0 0 WEBSITE 0 340 0 BANK FEES 0 326 0 INSTRUMENTS 250 0 0 TOTAL 19,681 4,909 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0198439
IRS990/TotalAssetsEOYAmt0179125
IRS990/TotalAssetsGrp/BOYAmt0198439
IRS990/TotalAssetsGrp/EOYAmt0179125
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt091073
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08470
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0133793
IRS990/TotalFunctionalExpensesGrp/TotalAmt0142263

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$1.79$1.70$0.09
2024Detailed filing. Detailed filing data is available for this year.$2.50$0.00$2.50$2.25$1.85$0.40
2023Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$1.61$1.89$0.27
2022Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$1.59$1.59$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.57$0.00$2.57$1.25$1.47$0.21
2020Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$1.73$0.98$0.74
2019Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$1.29$1.42$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$1.41$1.39$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$0.99$1.32$0.33
2016Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$1.22$1.07$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$1.02$1.21$0.19
2014Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$2.17$0.94$1.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.00$0.95$0.82
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.82