Civic Intelligence

Des Moines Symphony Association Foundation

990 • Fiscal year 2021 • EIN 42-1246575

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

Organization ProfileWWW.DMSYMPHONY.ORG
1011 Locust St No 200Des Moines, IA 50309

(515) 280-4000

Siviq Scores

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

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

20th percentile

0.05x

Higher debt load relative to revenue than 20% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

91st percentile

64%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

8th percentile

-30%

Faster revenue growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$10,950,979

Up $1,953,210 (+22%) from 2020

Net Assets

Up

$10,871,529

Up $1,971,937 (+22%) from 2020

Liabilities

Down

$79,450

Down $18,727 (-19%) from 2020

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin91st percentile

Revenue

Down

$1,582,759

Down $694,246 (-30%) from 2020

Expenses

Down

$575,437

Down $356,584 (-38%) from 2020

Net Income

Down

$1,007,322

Down $337,662 (-25%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $3,507,824Liabilities 2011: $10,175Net Assets 2011: $3,497,6492011Assets 2012: $5,072,581Liabilities 2012: $10,548Net Assets 2012: $5,062,0332012Assets 2013: $6,716,761Liabilities 2013: $0Net Assets 2013: $6,716,7612013Assets 2014: $8,082,434Liabilities 2014: $69,577Net Assets 2014: $8,012,8572014Assets 2015: $7,987,031Liabilities 2015: $30,560Net Assets 2015: $7,956,4712015Assets 2016: $6,616,949Liabilities 2016: $16,743Net Assets 2016: $6,600,2062016Assets 2017: $6,366,123Liabilities 2017: $7,377Net Assets 2017: $6,358,7462017Assets 2018: $6,429,414Liabilities 2018: $132,231Net Assets 2018: $6,297,1832018Assets 2019: $7,600,796Liabilities 2019: $138,053Net Assets 2019: $7,462,7432019Assets 2020: $8,997,769Liabilities 2020: $98,177Net Assets 2020: $8,899,5922020Assets 2021: $10,950,979Liabilities 2021: $79,450Net Assets 2021: $10,871,5292021Assets 2022: $17,022,973Liabilities 2022: $608,468Net Assets 2022: $16,414,5052022Assets 2023: $17,988,003Liabilities 2023: $553,806Net Assets 2023: $17,434,1972023Assets 2024: $19,185,050Liabilities 2024: $495,333Net Assets 2024: $18,689,7172024

Highlighted filing

2021

Assets$10,950,979
Liabilities$79,450
Net Assets$10,871,529
Open 2021 Filing

Operations Trend

Revenue Growth8th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $152,582Expenses 2011: $306,926Net Income 2011: -$154,3442011Revenue 2012: $2,342,128Expenses 2012: $533,799Net Income 2012: $1,808,3292012Expenses 2013: $579,6542013Revenue 2014: $1,637,062Expenses 2014: $535,343Net Income 2014: $1,101,7192014Revenue 2015: $237,443Expenses 2015: $496,121Net Income 2015: -$258,6782015Revenue 2016: $245,211Expenses 2016: $1,399,977Net Income 2016: -$1,154,7662016Revenue 2017: $491,336Expenses 2017: $581,414Net Income 2017: -$90,0782017Revenue 2018: $497,889Expenses 2018: $658,091Net Income 2018: -$160,2022018Revenue 2019: $1,547,825Expenses 2019: $552,698Net Income 2019: $995,1272019Revenue 2020: $2,277,005Expenses 2020: $932,021Net Income 2020: $1,344,9842020Revenue 2021: $1,582,759Expenses 2021: $575,437Net Income 2021: $1,007,3222021Revenue 2022: $8,433,449Expenses 2022: $1,067,974Net Income 2022: $7,365,4752022Revenue 2023: $656,241Expenses 2023: $1,123,198Net Income 2023: -$466,9572023Revenue 2024: $900,549Expenses 2024: $1,281,290Net Income 2024: -$380,7412024

Highlighted filing

2021

Revenue$1,582,759
Expenses$575,437
Net Income$1,007,322
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Gross Receipts
$1,582,759
Mission and Program Overview

Mission

The foundation was established to provide financial assistance to the des moines symphony association to allow the association to achieve both immediate and long-term goals. The foundation is intended to be a permanent endowment fund that will support the continuing viability of the association in perpetuity by providing a consisten, meaningful, annual contirbution toward the operations of the association.

The foundation provides financial assistance to the des moines symphony association.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,371,859$9,401,526▲ $2,029,667
Rtn Earn Endowment Incm Other Fnds$0$1,971,937▲ $1,971,937
Pledges and Grants Receivable$1,312,407$1,180,434▼ $131,973
Cash and Non-Interest-Bearing Accounts$313,503$354,000▲ $40,497
Accounts Receivable-$15,019-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$8,997,769$10,950,979▲ $1,953,210
Liabilities
Accounts Payable and Accrued Expenses$98,177$79,450▼ $18,727
Total Liabilities$98,177$79,450▼ $18,727
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,899,592$10,871,529▲ $1,971,937
Total Liabilities and Net Assets / Fund Balance$8,997,769$10,950,979▲ $1,953,210

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$8,899,590$692,310▲ $1,894,014$575,437$10,871,529
2019$7,462,743$1,996,551▲ $372,319$872,829$8,899,590
2018$6,297,183$1,211,904▲ $506,354$502,101$7,462,743
2017$6,358,746$145,077▲ $451,451$609,702$6,297,183
2016$6,063,052$275,564▲ $601,544$537,430$6,358,746
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Paul TylerImmediate Past President
Dr Stephen SmithPresident
John Ruan IvFirst Vice President
Amy BeattieSecond Vice President
Angela SandersDirector
Ashlee ViereggerDirector
Eugene MeyerDirector
Kevin CooneyDirector
Rebecca ShawDirector
Steven NadelDirector
Trudy HolmanDirector
Renee DavenportSecretary
Bradley SmerageTrasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$692,310
Program Service Revenue
$0
Investment Income
$890,449
Other Revenue
$0
All Other Contributions
$692,310
Change in Net Assets
$1,007,322

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,543,811
Revenue Not Reported on Financial Statements
$38,948
Revenue Not Reported on Form 990
$1,003,565
Total Revenue per Audited Statements
$2,547,376
Total Revenue per Form 990
$1,582,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$575,437
Total Fundraising Expense$7,852
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$8,050-$8,050
Other Expenses$556,220-$7,852$7,852
Advertising-$2,300-$2,300
Insurance-$1,015-$1,015
Total Functional Expenses$556,220$11,365$7,852$575,437

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$575,437
Total Expenses per Audited Statements$575,437
Total Expenses per Form 990$575,437
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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 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
No
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, Section A, Line 6

“The des moines symphony association is a membership organization whose members include concert season subscribers and donors who contibute more than 50% to the annual fund.”

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

“The members elect the board of trustees at the annual meeting.”

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

“The audit/finance committee of the board of tgrustees annually reviews the form 990 and the full board approves it for filing with the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“The conflicts of interest policy is distributed to each member of the board of trustees. This policy is monitored by the executive director and board president.”

Form 990, Part VI, Section B, Line 15A

“Committee members and officers of the board of trustees complete written evaluations. Based on these evaluations and progress towards goals previously set, and in consultation with the audit/finance committee, the hr/compensation committee determines compensation for the next year for the executive director and music director.”

Form 990, Part VI, Section C, Line 18

“The des moines symphony foundation's governing documents, conflicts of interest policy, and financial statements are kept on file at their main office. Photocopies of the documents are provided within one week of any request. These documents are avialable for the same period of time as described in the internal revenue code section 6104(d) for other public disclosure documents.”

Form 990, Part VI, Section C, Line 19

“The des moines symphony foundation's governing documents, conflicts of interest policy, and financial statements are kept on file at their main office. Photocopies of the documents are provided within one week of any request. These documents are avialable for the same period of time as described in the internal revenue code section 6104(d) for other public disclosure documents.”

Filing and Contact Details

Filer

Filer Name
Des Moines Symphony Foundation
EIN
42-1246575
Phone
5152804000
Address
1011 LOCUST ST NO 200, DES MOINES, IA 50309

Signing Officer

Name
Richard Early
Title
Executive Director
Phone
5152804000
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Early
Formed
1983
Legal Domicile
Ia
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
Pittman & Company Llp
Address
40 OMEGA PLACE 8525 DOUGLAS AVE, DES MOINES, IA 50322-2925
Preparer
John Pittman CPA
Phone
5152762727
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“ROUNDING -2.”

Raw XML AppendixShowing 400 of 480 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.

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IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-2
IRS990/OtherExpensesGrp/Desc0ASSOCIATION CONTRIBUTIO
IRS990/OtherExpensesGrp/Desc1CAPITAL CAMPAIGN
IRS990/OtherExpensesGrp/FundraisingAmt07852
IRS990/OtherExpensesGrp/ProgramServicesAmt0556220
IRS990/OtherExpensesGrp/TotalAmt0556220
IRS990/OtherExpensesGrp/TotalAmt17852
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01312407
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01180434
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICHARD EARLY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01996551
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0758418
IRS990/PYInvestmentIncomeAmt0280454
IRS990/PYOtherExpensesAmt0173603
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01344984
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0932021
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02277005
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01007322
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01971937
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/MajorityDirTrstSupportedOrgInd00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0426058830
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0556220
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0DES MOINES SYMPHONY ASSOCIATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt0556220
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt038948
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt08899590
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0692310
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt010871529
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01894014
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0575437
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt059194
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt07462743
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01996551
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt08899590
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0372319
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0872829
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt050597
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06297183
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01211904
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt07462743
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0506354
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0502101
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt048389
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06358746
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0145077
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06297183
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0451451
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0609702
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt043984
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt06063052
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0275564
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06358746
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0601544
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0537430
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0575437
IRS990ScheduleD/InvestmentExpensesNotIncldAmt038948
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01003565
IRS990ScheduleD/RevenueNotReportedAmt01003565
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt038948
IRS990ScheduleD/RevenueSubtotalAmt01543811
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0575437
IRS990ScheduleD/TotalRevenuePerForm990Amt01582759
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02547376
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0575437
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DES MOINES SYMPHONY ASSOCIATION IS A MEMBERSHIP ORGANIZATION WHOSE MEMBERS INCLUDE CONCERT SEASON SUBSCRIBERS AND DONORS WHO CONTIBUTE MORE THAN 50% TO THE ANNUAL FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE BOARD OF TRUSTEES AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AUDIT/FINANCE COMMITTEE OF THE BOARD OF TGRUSTEES ANNUALLY REVIEWS THE FORM 990 AND THE FULL BOARD APPROVES IT FOR FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICTS OF INTEREST POLICY IS DISTRIBUTED TO EACH MEMBER OF THE BOARD OF TRUSTEES. THIS POLICY IS MONITORED BY THE EXECUTIVE DIRECTOR AND BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMMITTEE MEMBERS AND OFFICERS OF THE BOARD OF TRUSTEES COMPLETE WRITTEN EVALUATIONS. BASED ON THESE EVALUATIONS AND PROGRESS TOWARDS GOALS PREVIOUSLY SET, AND IN CONSULTATION WITH THE AUDIT/FINANCE COMMITTEE, THE HR/COMPENSATION COMMITTEE DETERMINES COMPENSATION FOR THE NEXT YEAR FOR THE EXECUTIVE DIRECTOR AND MUSIC DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE DES MOINES SYMPHONY FOUNDATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE KEPT ON FILE AT THEIR MAIN OFFICE. PHOTOCOPIES OF THE DOCUMENTS ARE PROVIDED WITHIN ONE WEEK OF ANY REQUEST. THESE DOCUMENTS ARE AVIALABLE FOR THE SAME PERIOD OF TIME AS DESCRIBED IN THE INTERNAL REVENUE CODE SECTION 6104(D) FOR OTHER PUBLIC DISCLOSURE DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE DES MOINES SYMPHONY FOUNDATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE KEPT ON FILE AT THEIR MAIN OFFICE. PHOTOCOPIES OF THE DOCUMENTS ARE PROVIDED WITHIN ONE WEEK OF ANY REQUEST. THESE DOCUMENTS ARE AVIALABLE FOR THE SAME PERIOD OF TIME AS DESCRIBED IN THE INTERNAL REVENUE CODE SECTION 6104(D) FOR OTHER PUBLIC DISCLOSURE DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ROUNDING -2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DES MOINES SYMPHONY ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0426058830
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SEE STATEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01011 LOCUST ST SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DES MOINES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd050309
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/SubjectToExcsTaxNetInvstIncInd00

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,950,979
Liabilities
$79,450
Net assets
$10,871,529
Revenue
$1,582,759
Expenses
$575,437
Net income
$1,007,322
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.2$0.50$18.7$0.90$1.28$0.38
2023Detailed filing. Detailed filing data is available for this year.$18.0$0.55$17.4$0.66$1.12$0.47
2022Detailed filing. Detailed filing data is available for this year.$17.0$0.61$16.4$8.43$1.07$7.37
2021Detailed filing. Detailed filing data is available for this year.$11.0$0.08$10.9$1.58$0.58$1.01
2020Detailed filing. Detailed filing data is available for this year.$9.00$0.10$8.90$2.28$0.93$1.34
2019Detailed filing. Detailed filing data is available for this year.$7.60$0.14$7.46$1.55$0.55$1.00
2018Detailed filing. Detailed filing data is available for this year.$6.43$0.13$6.30$0.50$0.66$0.16
2017Detailed filing. Detailed filing data is available for this year.$6.37$0.01$6.36$0.49$0.58$0.09
2016Detailed filing. Detailed filing data is available for this year.$6.62$0.02$6.60$0.25$1.40$1.15
2015Detailed filing. Detailed filing data is available for this year.$7.99$0.03$7.96$0.24$0.50$0.26
2014Detailed filing. Detailed filing data is available for this year.$8.08$0.07$8.01$1.64$0.54$1.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.72$0.00$6.72$0.58
2012Summary only. Only limited summary data is available for this year.$5.07$0.01$5.06$2.34$0.53$1.81
2011Summary only. Only limited summary data is available for this year.$3.51$0.01$3.50$0.15$0.31$0.15