Civic Intelligence

The Wilmington Symphony Orchestra Inc.

990 • Fiscal year 2022 • EIN 56-1489990

Jul 01, 2021 to Jun 30, 2022 • Filed on Sep 06, 2022

5032 Randall ParkwayWilmington, NC 28403

(910) 791-9262

Siviq Scores

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

Liabilities / Assets

87th percentile

0.43x

Higher debt load relative to assets than 87% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

0.50x

Higher debt load relative to revenue than 89% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Net Margin

57th percentile

11%

Higher net margin than 57% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

69th percentile

$58,031

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Asset Growth

68th percentile

11%

Faster asset growth than 68% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

79th percentile

93%

Faster revenue growth than 79% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$611,638

Up $58,952 (+11%) from 2021

Net Assets

Up

$348,399

Up $32,513 (+10%) from 2021

Liabilities

Up

$263,239

Up $26,439 (+11%) from 2021

Revenue

Up

$522,071

Up $251,700 (+93%) from 2021

Expenses

Up

$462,977

Up $207,485 (+81%) from 2021

Net Income

Up

$59,094

Up $44,215 (+297%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $196,359Liabilities 2011: $47,896Net Assets 2011: $148,4632011Assets 2012: $195,084Liabilities 2012: $30,505Net Assets 2012: $164,5792012Assets 2013: $252,417Liabilities 2013: $34,361Net Assets 2013: $218,0562013Assets 2014: $317,372Liabilities 2014: $70,508Net Assets 2014: $246,8642014Assets 2015: $323,008Liabilities 2015: $47,001Net Assets 2015: $276,0072015Assets 2016: $377,072Liabilities 2016: $9,032Net Assets 2016: $368,0402016Assets 2017: $475,028Liabilities 2017: $87,227Net Assets 2017: $387,8012017Assets 2018: $418,540Liabilities 2018: $15,198Net Assets 2018: $403,3422018Assets 2019: $409,610Liabilities 2019: $58,739Net Assets 2019: $350,8712019Assets 2020: $353,331Liabilities 2020: $52,648Net Assets 2020: $300,6832020Assets 2021: $552,686Liabilities 2021: $236,800Net Assets 2021: $315,8862021Assets 2022: $611,638Liabilities 2022: $263,239Net Assets 2022: $348,3992022Assets 2023: $702,828Liabilities 2023: $206,364Net Assets 2023: $496,4642023Assets 2024: $635,335Liabilities 2024: $228,187Net Assets 2024: $407,1482024

Highlighted filing

2022

Assets$611,638
Liabilities$263,239
Net Assets$348,399

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $271,358Expenses 2011: $269,773Net Income 2011: $1,5852011Expenses 2012: $283,2532012Expenses 2013: $303,5092013Revenue 2014: $315,215Expenses 2014: $304,439Net Income 2014: $10,7762014Revenue 2015: $340,591Expenses 2015: $311,448Net Income 2015: $29,1432015Revenue 2016: $432,098Expenses 2016: $339,942Net Income 2016: $92,1562016Revenue 2017: $339,910Expenses 2017: $347,994Net Income 2017: -$8,0842017Revenue 2018: $389,983Expenses 2018: $388,351Net Income 2018: $1,6322018Revenue 2019: $430,733Expenses 2019: $475,193Net Income 2019: -$44,4602019Revenue 2020: $348,547Expenses 2020: $371,128Net Income 2020: -$22,5812020Revenue 2021: $270,371Expenses 2021: $255,492Net Income 2021: $14,8792021Revenue 2022: $522,071Expenses 2022: $462,977Net Income 2022: $59,0942022Revenue 2023: $624,228Expenses 2023: $572,490Net Income 2023: $51,7382023Revenue 2024: $569,571Expenses 2024: $712,446Net Income 2024: -$142,8752024

Highlighted filing

2022

Revenue$522,071
Expenses$462,977
Net Income$59,094
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 6, 2022
Return Version
2021v4.1
Gross Receipts
$522,071
Mission and Program Overview

Mission

WSO strives to provide high-quality, symphonic music to the local community.

WSO strives to provide high-quality symphonic music to the local community

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$279,348$273,265▼ $6,083
Savings and Temporary Cash Investments$280$150,293▲ $150,013
Accounts Receivable$47,592$94,523▲ $46,931
Cash and Non-Interest-Bearing Accounts$202,230$62,056▼ $140,174
Land, Buildings, and Equipment, Net$15,979$24,719▲ $8,740
Prepaid Expenses and Deferred Charges$6,666$6,782▲ $116
Total Assets$552,095$611,638▲ $59,543
Liabilities
Unsecured Notes Loans Payable$189,982$149,259▼ $40,723
Deferred Revenue$41,593$108,129▲ $66,536
Other Liabilities$6,433$6,461▲ $28
Accounts Payable and Accrued Expenses$1,135$-610▼ $1,745
Total Liabilities$239,143$263,239▲ $24,096
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$312,952$348,399▲ $35,447
Total Net Assets Fund Balance$312,952$348,399▲ $35,447
Total Liabilities and Net Assets / Fund Balance$552,095$611,638▲ $59,543

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,719$32,736$57,455
Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth ScanlonExecutive DirectorFT$58,031$58,031

Board Members and Trustees

NameTitle
Peggy HigginsImmediate Past President
Larry ZimmermanPresident
Justine Lerch1st Vice-president
Pat Browning2nd Vice-president
John StikeMember-at-large
Karen SmithMember-at-large
Robin RobinsonMember-at-large
Gaile ZackSecretary
Robert RoerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$364,628
Program Service Revenue
$149,885
Investment Income
$7,408
Other Revenue
$150
All Other Contributions
$197,038
Change in Net Assets
$59,094
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$233,826
Salaries, Compensation, and Employee Benefits$229,151
Total Fundraising Expense$62,516
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$90,046$5,888$51,660$147,594
Current Officers, Directors, Trustees, and Key Employees$0$55,000$0$55,000
All Other Expenses$19,989$3,093$1,455$24,537
Occupancy$0$22,856$0$22,856
Advertising$16,795$0$0$16,795
Payroll Taxes$7,045$5,001$4,008$16,054
Conferences and Meetings$6,625$4,989$1,753$13,367
Other Employee Benefits$0$6,863$3,640$10,503
Office Expenses$0$9,745$0$9,745
Depreciation Depletion$2,994$2,194$0$5,188
Insurance$0$4,832$0$4,832
Fees for Service Investment Mgmnt Fees$0$3,010$0$3,010
Interest$0$204$0$204
Fees for Services Legal$0$175$0$175
Other Expenses$0$45$0$45
Total Functional Expenses$270,871$129,590$62,516$462,977
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$150
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$5,388
Credit Card Balance$1,073
Health Ins Payable$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Filing and Contact Details

Filer

Filer Name
Wso Inc
EIN
56-1489990
Phone
9107919262
Address
5032 RANDALL PARKWAY, WILMINGTON, NC 28403

Signing Officer

Name
Robert Roer
Title
Treasurer
Phone
9107919262
Signed
2022-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Roer
Formed
1971
Legal Domicile
Nc
Voting Board Members
31
Independent Board Members
31
Employees
10
Volunteers
45

Preparer

Firm
Cape Fear Tax & Accounting Solutions LLC
Address
402 Carl Street Ste 102, Wilmington, NC 28403
Preparer
Anna Joelle Thomas EA
Phone
9105235589
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Upon completion, 990 is reviewed by the executive director and treasurer. Other board members are notified of its availability for review

Pt VI, Line 12C

Annual distribution and review of the policy at a board meeting

Pt VI, Line 15A

Wso participates in a salary survey through the league of american orchestras every few years to determine the comparability of the executive director's compensation to those of executive directors at similarly-sized orchestras.

Pt VI, Line 15B

SAME AS ABOVE

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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/OtherExpensesGrp/ProgramServicesAmt22066
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0125311
IRS990/OtherExpensesGrp/TotalAmt12258
IRS990/OtherExpensesGrp/TotalAmt25503
IRS990/OtherExpensesGrp/TotalAmt345
IRS990/OtherLiabilitiesGrp/BOYAmt06433
IRS990/OtherLiabilitiesGrp/EOYAmt06461
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt051660
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05888
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt090046
IRS990/OtherSalariesAndWagesGrp/TotalAmt0147594
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt04008
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05001
IRS990/PayrollTaxesGrp/ProgramServicesAmt07045
IRS990/PayrollTaxesGrp/TotalAmt016054
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06666
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06782
IRS990/PrincipalOfficerNm0ROBERT ROER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711190
IRS990/ProgramServiceRevenueGrp/BusinessCd1711190
IRS990/ProgramServiceRevenueGrp/Desc0PERFORMANCE REVENUES
IRS990/ProgramServiceRevenueGrp/Desc1TUITION & COMPETITION FEES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0125525
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt124360
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0WSO hosts a youth orchestra which provides school-age performers with concert performance opportunities
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt059852
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt084570
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0229292
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt011448
IRS990/PYOtherExpensesAmt088801
IRS990/PYOtherRevenueAmt01440
IRS990/PYProgramServiceRevenueAmt028191
IRS990/PYRevenuesLessExpensesAmt014879
IRS990/PYSalariesCompEmpBnftPaidAmt0166691
IRS990/PYTotalExpensesAmt0255492
IRS990/PYTotalRevenueAmt0270371
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt059094
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt065318
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0280
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0150293
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0364629
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0228692
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0149992
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0167744
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0141178
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01052235
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07408
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt011447
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06347
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09267
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010023
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt044492
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0149885
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt028191
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0123228
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0249767
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0265071
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0816142
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0150
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01440
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt055869
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt057459
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07408
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt011447
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09267
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt044492
IRS990ScheduleA/InvestmentIncomeCYPct00.02260
IRS990ScheduleA/InvestmentIncomePYPct00.02270
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.97740
IRS990ScheduleA/PublicSupportPY509Pct00.97730
IRS990ScheduleA/PublicSupportTotal509Amt01925836
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0514664
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0258323
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0329089
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0417511
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0406249
IRS990ScheduleA/Total509Grp/TotalAmt01925836
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01970328
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/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt024719
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032736
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt057455
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05388
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11073
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt20
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD BALANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2HEALTH INS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024719

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.35$2.28$4.07$5.70$7.12$1.43
2023Detailed filing. Detailed filing data is available for this year.$7.03$2.06$4.96$6.24$5.72$0.52
2022Detailed filing. Detailed filing data is available for this year.$6.12$2.63$3.48$5.22$4.63$0.59
2021Detailed filing. Detailed filing data is available for this year.$5.53$2.37$3.16$2.70$2.55$0.15
2020Detailed filing. Detailed filing data is available for this year.$3.53$0.53$3.01$3.49$3.71$0.23
2019Detailed filing. Detailed filing data is available for this year.$4.10$0.59$3.51$4.31$4.75$0.44
2018Detailed filing. Detailed filing data is available for this year.$4.19$0.15$4.03$3.90$3.88$0.02
2017Detailed filing. Detailed filing data is available for this year.$4.75$0.87$3.88$3.40$3.48$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.77$0.09$3.68$4.32$3.40$0.92
2015Detailed filing. Detailed filing data is available for this year.$3.23$0.47$2.76$3.41$3.11$0.29
2014Detailed filing. Detailed filing data is available for this year.$3.17$0.71$2.47$3.15$3.04$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$0.34$2.18$3.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.31$1.65$2.83
2011Summary only. Only limited summary data is available for this year.$1.96$0.48$1.48$2.71$2.70$0.02