Civic Intelligence

The Greensboro Symphony Endowment Fund

990 • Fiscal year 2014 • EIN 56-1542010

Jun 01, 2013 to May 31, 2014 • Filed on Sep 04, 2014

809 Woodland Drive27408

(336) 856-9733

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

13th percentile

0.00x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

88th percentile

38%

Higher net margin than 88% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

66th percentile

7.7%

Faster asset growth than 66% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

17th percentile

-14%

Faster revenue growth than 17% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$4,275,777

Up $306,890 (+7.7%) from 2013

Net Assets

Up

$4,275,777

Up $306,890 (+7.7%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

$290,164

Down $47,807 (-14%) from 2013

Expenses

Up

$180,596

Up $23,579 (+15%) from 2013

Net Income

Down

$109,568

Down $71,386 (-39%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $3,448,410Liabilities 2012: $0Net Assets 2012: $3,448,4102012Assets 2013: $3,968,887Liabilities 2013: $0Net Assets 2013: $3,968,8872013Assets 2014: $4,275,777Liabilities 2014: $0Net Assets 2014: $4,275,7772014Assets 2015: $4,422,600Liabilities 2015: $0Net Assets 2015: $4,422,6002015Assets 2016: $4,262,440Liabilities 2016: $0Net Assets 2016: $4,262,4402016Assets 2017: $4,566,887Liabilities 2017: $0Net Assets 2017: $4,566,8872017Assets 2018: $4,842,185Liabilities 2018: $0Net Assets 2018: $4,842,1852018Assets 2019: $4,692,995Liabilities 2019: $0Net Assets 2019: $4,692,9952019Assets 2020: $4,726,511Liabilities 2020: $0Net Assets 2020: $4,726,5112020Assets 2021: $5,731,813Liabilities 2021: $0Net Assets 2021: $5,731,8132021Assets 2022: $5,337,888Liabilities 2022: $0Net Assets 2022: $5,337,8882022Assets 2023: $5,039,393Liabilities 2023: $0Net Assets 2023: $5,039,3932023Assets 2024: $5,508,381Liabilities 2024: $0Net Assets 2024: $5,508,3812024Assets 2025: $5,714,068Liabilities 2025: $0Net Assets 2025: $5,714,0682025

Highlighted filing

2014

Assets$4,275,777
Liabilities$0
Net Assets$4,275,777

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $120,067Expenses 2012: $154,524Net Income 2012: -$34,4572012Revenue 2013: $337,971Expenses 2013: $157,017Net Income 2013: $180,9542013Revenue 2014: $290,164Expenses 2014: $180,596Net Income 2014: $109,5682014Revenue 2015: $320,370Expenses 2015: $188,947Net Income 2015: $131,4232015Revenue 2016: $500,216Expenses 2016: $189,099Net Income 2016: $311,1172016Revenue 2017: $283,280Expenses 2017: $204,272Net Income 2017: $79,0082017Revenue 2018: $546,211Expenses 2018: $207,244Net Income 2018: $338,9672018Revenue 2019: $231,879Expenses 2019: $208,647Net Income 2019: $23,2322019Revenue 2020: $138,918Expenses 2020: $244,210Net Income 2020: -$105,2922020Revenue 2021: $340,674Expenses 2021: $238,765Net Income 2021: $101,9092021Revenue 2022: $361,041Expenses 2022: $275,972Net Income 2022: $85,0692022Revenue 2023: $185,726Expenses 2023: $279,656Net Income 2023: -$93,9302023Revenue 2024: $375,525Expenses 2024: $333,361Net Income 2024: $42,1642024Revenue 2025: $388,004Expenses 2025: $314,361Net Income 2025: $73,6432025

Highlighted filing

2014

Revenue$290,164
Expenses$180,596
Net Income$109,568
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Sep 4, 2014
Return Version
2013v3.0
Gross Receipts
$1,791,677
Mission and Program Overview

Mission

Endowment to benefit the greensboro symphony orchestra.

Endowment to benefit the greensboro symphony orchestra

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,858,618$4,160,526▲ $301,908
Savings and Temporary Cash Investments$105,019$107,222▲ $2,203
Cash and Non-Interest-Bearing Accounts$5,250$8,029▲ $2,779
Total Assets$3,968,887$4,275,777▲ $306,890
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$3,577,476$3,614,684▲ $37,208
Temporarily Rstr Net Assets$391,411$661,093▲ $269,682
Total Net Assets Fund Balance$3,968,887$4,275,777▲ $306,890
Total Liabilities and Net Assets / Fund Balance$3,968,887$4,275,777▲ $306,890

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$3,968,887$38,658▲ $448,828-$4,275,777
2012$3,448,410$103,900▲ $573,594-$3,968,887
2011$3,747,341$1,000▼ $145,407-$3,448,410
2010$2,974,262$288,277▲ $658,663-$3,747,341
2009$2,710,279$8,469▲ $375,395-$2,974,262
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lisa BullockChair
Ann KroupaTrustee
J Lee LloydTrustee
Jonathan SmithTrustee
Sally ConeTrustee
William RogersTrustee
Bob HarrisSecretary
Lewis RitchieTreasurer
Robbie HassellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$38,658
Program Service Revenue
$0
Investment Income
$251,506
Other Revenue
$0
All Other Contributions
$38,658
Change in Net Assets
$109,568

Audited Revenue Reconciliation

Revenue per Audited Statements
$290,164
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$197,322
Total Revenue per Audited Statements
$487,486
Total Revenue per Form 990
$290,164
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$150,000
Other Expenses$30,596
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$150,000--$150,000
Fees for Service Investment Mgmnt Fees-$26,925-$26,925
Fees for Services Accounting-$3,500-$3,500
Office Expenses-$171-$171
Total Functional Expenses$150,000$30,596$0$180,596

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$180,596
Total Expenses per Audited Statements$180,596
Total Expenses per Form 990$180,596
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
56-6063111-501(c)(3)Support the Greensboro Symphony$150,000
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
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
No
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 8B

NOT APPLICABLE.

Form 990, Part VI, Section B, Line 11

Reviewed by treasurer and board memeber prior to filing.

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

Minutes of the board shall reflect that conflict of interests are disclosed and that the interested person was not present during the final discussion or vote and did not vote.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

EIN
56-1542010
Phone
3368569733

Signing Officer

Name
Lewis Ritchie
Title
Treasurer
Phone
3362076443
Signed
2014-09-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Bullock
Formed
1986
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Preparer
Courtney S Ageon CPA
Phone
3362863204
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

MODIFIED CASH BASIS

Financial Statement Notes

PART V, LINE 4:

Income from endowment funds used to benefit the greensboro symphony orchestra

Raw XML AppendixShowing 400 of 428 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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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0288277
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03747341
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0146425
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0658663
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt023881
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02710279
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt08469
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02974262
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt096000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0375395
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0180596
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0197322
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0197322
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0290164
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME FROM ENDOWMENT FUNDS USED TO BENEFIT THE GREENSBORO SYMPHONY ORCHESTRA
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0180596
IRS990ScheduleD/TotalRevenuePerForm990Amt0290164
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0487486
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0180596
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0150000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT THE GREENSBORO SYMPHONY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10GREENSBORO SYMPHONY ORCHESTRA
IRS990ScheduleI/RecipientTable/RecipientEIN0566063111
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10200 NORTH DAVIE STREET SUITE 301
IRS990ScheduleI/RecipientTable/USAddress/City0GREENSBORO
IRS990ScheduleI/RecipientTable/USAddress/State0NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode027401
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NOT APPLICABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED BY TREASURER AND BOARD MEMEBER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MINUTES OF THE BOARD SHALL REFLECT THAT CONFLICT OF INTERESTS ARE DISCLOSED AND THAT THE INTERESTED PERSON WAS NOT PRESENT DURING THE FINAL DISCUSSION OR VOTE AND DID NOT VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MODIFIED CASH BASIS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 1
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10GREENSBORO SYMPHONY ORCHESTRA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE SYMPHONY PROGRAMS TO ENHANCE THE LIVES OF RESIDENTS IN GREENSBORO NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0SEC. 170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10200 NORTH DAVIE STREET SUITE 301
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0GREENSBORO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode027401
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0150000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0PERCENTAGE OF NET ASSETS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10GREENSBORO SYMPHONY ORCHESTRA
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0391411
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0661093
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03968887
IRS990/TotalAssetsEOYAmt04275777
IRS990/TotalAssetsGrp/BOYAmt03968887
IRS990/TotalAssetsGrp/EOYAmt04275777
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt038658
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030596
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0150000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0180596
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03968887
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04275777
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0150000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0251506
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0290164
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03968887
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04275777
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10809 WOODLAND DRIVE
IRS990/USAddress/City0GREENSBORO
IRS990/USAddress/State0NC
IRS990/USAddress/ZIPCode027408
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.71$0.00$5.71$0.39$0.31$0.07
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.51$0.00$5.51$0.38$0.33$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.04$0.00$5.04$0.19$0.28$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.34$0.00$5.34$0.36$0.28$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.73$0.00$5.73$0.34$0.24$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.73$0.00$4.73$0.14$0.24$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.69$0.00$4.69$0.23$0.21$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.84$0.00$4.84$0.55$0.21$0.34
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.57$0.00$4.57$0.28$0.20$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.26$0.00$4.26$0.50$0.19$0.31
2015Detailed filing. Detailed filing data is available for this year.$4.42$0.00$4.42$0.32$0.19$0.13
2014Detailed filing. Detailed filing data is available for this year.$4.28$0.00$4.28$0.29$0.18$0.11
2013Summary only. Only limited summary data is available for this year.$3.97$0.00$3.97$0.34$0.16$0.18
2012Summary only. Only limited summary data is available for this year.$3.45$0.00$3.45$0.12$0.15$0.03