Civic Intelligence

MID-Atlantic Symphony Orchestra Society Inc.

990 • Fiscal year 2020 • EIN 52-2038928

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 15, 2021

PO Box 3381Easton, MD 21601

(516) 848-9776

Siviq Scores

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

Liabilities / Assets

81st percentile

0.21x

Higher debt load relative to assets than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.13x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

28th percentile

-11%

Higher net margin than 28% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

23rd percentile

-15%

Faster asset growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

43rd percentile

-21%

Faster revenue growth than 43% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$178,406

Down $31,194 (-15%) from 2019

Net Assets

Down

$140,936

Down $31,676 (-18%) from 2019

Liabilities

Up

$37,470

Up $482 (+1.3%) from 2019

Revenue

Down

$289,780

Down $78,586 (-21%) from 2019

Expenses

Down

$320,505

Down $92,670 (-22%) from 2019

Net Income

Up

-$30,725

Up $14,084 (+31%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2012: $6,726Liabilities 2012: $31,619Net Assets 2012: -$24,8932012Assets 2013: $12,872Liabilities 2013: $32,906Net Assets 2013: -$20,0342013Assets 2014: $13,193Liabilities 2014: $36,903Net Assets 2014: -$23,7102014Assets 2015: $12,928Liabilities 2015: $25,055Net Assets 2015: -$12,1272015Assets 2016: $8,214Liabilities 2016: $23,036Net Assets 2016: -$14,8222016Assets 2017: $239,084Liabilities 2017: $7,649Net Assets 2017: $231,4352017Assets 2018: $224,048Liabilities 2018: $8,875Net Assets 2018: $215,1732018Assets 2019: $209,600Liabilities 2019: $36,988Net Assets 2019: $172,6122019Assets 2020: $178,406Liabilities 2020: $37,470Net Assets 2020: $140,9362020Assets 2021: $182,302Liabilities 2021: $19,726Net Assets 2021: $162,5762021Assets 2022: $113,125Liabilities 2022: $25,860Net Assets 2022: $87,2652022Assets 2023: $179,263Liabilities 2023: $32,345Net Assets 2023: $146,9182023Assets 2024: $152,342Liabilities 2024: $26,179Net Assets 2024: $126,1632024

Highlighted filing

2020

Assets$178,406
Liabilities$37,470
Net Assets$140,936

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $319,1052012Expenses 2013: $286,9372013Revenue 2014: $314,503Expenses 2014: $318,179Net Income 2014: -$3,6762014Revenue 2015: $329,211Expenses 2015: $317,628Net Income 2015: $11,5832015Revenue 2016: $307,520Expenses 2016: $310,215Net Income 2016: -$2,6952016Revenue 2017: $551,886Expenses 2017: $305,629Net Income 2017: $246,2572017Revenue 2018: $424,559Expenses 2018: $454,605Net Income 2018: -$30,0462018Revenue 2019: $368,366Expenses 2019: $413,175Net Income 2019: -$44,8092019Revenue 2020: $289,780Expenses 2020: $320,505Net Income 2020: -$30,7252020Revenue 2021: $218,396Expenses 2021: $223,180Net Income 2021: -$4,7842021Revenue 2022: $307,014Expenses 2022: $354,690Net Income 2022: -$47,6762022Revenue 2023: $421,762Expenses 2023: $371,491Net Income 2023: $50,2712023Revenue 2024: $419,456Expenses 2024: $447,730Net Income 2024: -$28,2742024

Highlighted filing

2020

Revenue$289,780
Expenses$320,505
Net Income-$30,725
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 15, 2021
Return Version
2019v5.0
Gross Receipts
$309,404
Mission and Program Overview

Mission

To bring live classical music to our area and through educational outreach provide learning opportunities for students about classical music

To bring live classical music to the area and through education outreach, provide learning opportunities for students about classical music

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$204,667$177,207▼ $27,460
Rtn Earn Endowment Incm Other Fnds$172,612$140,936▼ $31,676
Cash and Non-Interest-Bearing Accounts$4,933$1,199▼ $3,734
Total Assets$209,600$178,406▼ $31,194
Liabilities
Deferred Revenue$13,243$16,668▲ $3,425
Other Liabilities$23,745$16,582▼ $7,163
Accounts Payable and Accrued Expenses-$4,220-
Total Liabilities$36,988$37,470▲ $482
Net Assets / Fund Balance
Total Net Assets Fund Balance$172,612$140,936▼ $31,676
Total Liabilities and Net Assets / Fund Balance$209,600$178,406▼ $31,194
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeffrey ParkerPresident
Andrea BarnesDirector
Courtney KaneDirector
Donna BarketDirector
Jean WehnerDirector
Katie BarneyDirector
Marci LevinDirector
Regina BrittinghamDirector
Peter HarriganArea VP Cape
Valerie MazurArea VP East
Mary Lou TietzConsultant
Dane KrichGeneral Mana
Julien BenichouMusic Direct
Raymond VergneSecretary
John PinneyTreasurer
Patricia CampbellVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$99,616
Program Service Revenue
$169,541
Investment Income
$5,720
Other Revenue
$14,903
All Other Contributions
$99,616
Change in Net Assets
$-30,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$320,505
Total Fundraising Expense$297
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$178,601--$178,601
Fees for Services Management-$30,326-$30,326
Office Expenses$9,910$11,869-$21,779
Fees for Services Accounting-$20,180-$20,180
Advertising$16,773--$16,773
Occupancy$9,577--$9,577
Other Expenses$4,060$2,491$297$4,060
Insurance$1,886--$1,886
Fees for Service Investment Mgmnt Fees-$695-$695
Travel$525--$525
Total Functional Expenses$254,647$65,561$297$320,505
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$34,527
Fundraising Direct Expenses$19,624
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$14,947$14,947$3,326$11,621
New Years Event$11,780$11,780-$11,780
Total Events$34,527$34,527$19,624$14,903
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Season Tickets$16,582
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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

A copy of the form 990 is provided to each board member

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

A copy of the form 990 is provided to each board member for review

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

None of the officers of the organization are compensated

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

None of the officers of the organization are compensated

Form 990, Page 6, Part VI, Line 19

Governing documents of the organization are available upon request

Filing and Contact Details

Filer

Filer Name
Mid Atlantic Symphony Orchestra
EIN
52-2038928
Phone
5168489776
Address
PO BOX 3381, EASTON, MD 21601

Signing Officer

Name
Jeffrey Parker
Title
President
Phone
5168489776
Signed
2021-02-15

Organization Details

Principal Officer
Jeffrey Parker
Formed
1997
Legal Domicile
Md
Voting Board Members
15
Independent Board Members
14
Employees
0

Preparer

Firm
Anthony Judge & Ware LLC
Address
PO BOX 447, CHESTERTOWN, MD 21620-0447
Preparer
James a Judge
Phone
4107780164
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Equipment 3,830 0 0 technician 420 0 0 musicians & directors 160,851 0 0 personel & stage manager 13,500 0 0 total 178,601 0 0

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IRS990/OtherExpensesGrp/TotalAmt27607
IRS990/OtherExpensesGrp/TotalAmt34060
IRS990/OtherLiabilitiesGrp/BOYAmt023745
IRS990/OtherLiabilitiesGrp/EOYAmt016582
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JEFFREY PARKER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CONCERT ADMISSIONS
IRS990/ProgramServiceRevenueGrp/Desc1SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/Desc2SPECIAL ENGAGEMENTS
IRS990/ProgramServiceRevenueGrp/Desc3FREEMAN CONCERT SERIES
IRS990/ProgramServiceRevenueGrp/Desc4CONCERT PROGRAM SUPPORT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt095278
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133428
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt220010
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt317000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt43825
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt095278
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133428
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt220010
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt317000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43825
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0170834
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07904
IRS990/PYOtherExpensesAmt0413175
IRS990/PYProgramServiceRevenueAmt0189628
IRS990/PYRevenuesLessExpensesAmt0-44809
IRS990/PYTotalExpensesAmt0413175
IRS990/PYTotalRevenueAmt0368366
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-30725
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0169541
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0172612
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0140936
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt099616
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0108831
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt089264
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0299808
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt050519
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0648038
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0208203
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0109059
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt089608
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt086387
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt096528
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0589785
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01237823
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0307819
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0217890
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0178872
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0386195
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0147047
IRS990ScheduleA/Total509Grp/TotalAmt01237823
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0307819
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0217890
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0178872
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0386195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0147047
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01237823
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/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016582
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SEASON TICKETS
IRS990ScheduleD/TotalLiabilityAmt016582
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019624
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NEW YEARS EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt09284
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt04037
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt013321
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt014947
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt011780
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt07800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt034527
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014947
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt011780
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt07800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt034527
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014903
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01877
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05203
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03326
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt01100
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01100
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NONE OF THE OFFICERS OF THE ORGANIZATION ARE COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NONE OF THE OFFICERS OF THE ORGANIZATION ARE COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS OF THE ORGANIZATION ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EQUIPMENT 3,830 0 0 TECHNICIAN 420 0 0 MUSICIANS & DIRECTORS 160,851 0 0 PERSONEL & STAGE MANAGER 13,500 0 0 TOTAL 178,601 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

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