Civic Intelligence

Greenville Symphony Association

990 • Fiscal year 2015 • EIN 57-0447452

Jun 01, 2014 to May 31, 2015 • Filed on Jan 12, 2016

Organization ProfileWWW.GREENVILLESYMPHONY.ORG
200 South Main StreetGreenville, SC 29601

(864) 232-0344

Siviq Scores

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

Liabilities / Assets

58th percentile

0.17x

Higher debt load relative to assets than 58% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

46th percentile

0.09x

Higher debt load relative to revenue than 46% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

45th percentile

1.3%

Higher net margin than 45% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

86th percentile

$167,109

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

54th percentile

1.7%

Faster asset growth than 54% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

58th percentile

6.8%

Faster revenue growth than 58% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$1,439,101

Up $23,455 (+1.7%) from 2014

Net Assets

Up

$1,195,288

Up $104,888 (+9.6%) from 2014

Liabilities

Down

$243,813

Down $81,433 (-25%) from 2014

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin45th percentile

Revenue

Up

$2,743,677

Up $174,602 (+6.8%) from 2014

Expenses

Up

$2,708,287

Up $154,100 (+6.0%) from 2014

Net Income

Up

$35,390

Up $20,502 (+138%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,531,920Liabilities 2011: $310,393Net Assets 2011: $1,221,5272011Assets 2012: $1,547,219Liabilities 2012: $413,164Net Assets 2012: $1,134,0552012Assets 2013: $1,453,391Liabilities 2013: $377,879Net Assets 2013: $1,075,5122013Assets 2014: $1,415,646Liabilities 2014: $325,246Net Assets 2014: $1,090,4002014Assets 2015: $1,439,101Liabilities 2015: $243,813Net Assets 2015: $1,195,2882015Assets 2016: $1,500,606Liabilities 2016: $275,938Net Assets 2016: $1,224,6682016Assets 2017: $1,574,711Liabilities 2017: $222,370Net Assets 2017: $1,352,3412017Assets 2018: $1,472,624Liabilities 2018: $209,341Net Assets 2018: $1,263,2832018Assets 2019: $1,535,510Liabilities 2019: $271,710Net Assets 2019: $1,263,8002019Assets 2020: $1,841,399Liabilities 2020: $315,741Net Assets 2020: $1,525,6582020Assets 2021: $2,135,777Liabilities 2021: $347,919Net Assets 2021: $1,787,8582021Assets 2022: $3,125,608Liabilities 2022: $422,759Net Assets 2022: $2,702,8492022Assets 2023: $2,637,807Liabilities 2023: $428,173Net Assets 2023: $2,209,6342023Assets 2024: $2,544,264Liabilities 2024: $512,068Net Assets 2024: $2,032,1962024Assets 2025: $2,560,529Liabilities 2025: $588,450Net Assets 2025: $1,972,0792025

Highlighted filing

2015

Assets$1,439,101
Liabilities$243,813
Net Assets$1,195,288
Open 2015 Filing

Operations Trend

Revenue Growth58th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $2,314,2832011Expenses 2012: $2,476,1262012Expenses 2013: $2,430,7432013Revenue 2014: $2,569,075Expenses 2014: $2,554,187Net Income 2014: $14,8882014Revenue 2015: $2,743,677Expenses 2015: $2,708,287Net Income 2015: $35,3902015Revenue 2016: $2,671,562Expenses 2016: $2,643,332Net Income 2016: $28,2302016Revenue 2017: $2,880,768Expenses 2017: $2,753,095Net Income 2017: $127,6732017Revenue 2018: $2,763,876Expenses 2018: $2,852,934Net Income 2018: -$89,0582018Revenue 2019: $2,697,633Expenses 2019: $2,697,116Net Income 2019: $5172019Revenue 2020: $2,790,057Expenses 2020: $2,528,199Net Income 2020: $261,8582020Revenue 2021: $2,271,038Expenses 2021: $2,008,836Net Income 2021: $262,2022021Revenue 2022: $3,582,952Expenses 2022: $2,667,961Net Income 2022: $914,9912022Revenue 2023: $2,727,395Expenses 2023: $3,223,553Net Income 2023: -$496,1582023Revenue 2024: $3,424,289Expenses 2024: $3,618,083Net Income 2024: -$193,7942024Revenue 2025: $3,620,515Expenses 2025: $3,688,732Net Income 2025: -$68,2172025

Highlighted filing

2015

Revenue$2,743,677
Expenses$2,708,287
Net Income$35,390
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Jan 12, 2016
Return Version
2014v6.0
Gross Receipts
$2,748,490
Mission and Program Overview

Mission

The association supports a symphonic orchestra in greenville, sc for the purpose of promoting & improving the education & cultural development of the city & the surrounding area through the presentation of live orchestral performances.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$631,198$732,874▲ $101,676
Land, Buildings, and Equipment, Net$378,892$350,220▼ $28,672
Receivables From Officers Etc$228,800$220,000▼ $8,800
Pledges and Grants Receivable$148,992$117,318▼ $31,674
Prepaid Expenses and Deferred Charges$27,614$17,951▼ $9,663
Accounts Receivable-$588-
Cash and Non-Interest-Bearing Accounts$150$150→ $0
Total Assets$1,415,646$1,439,101▲ $23,455
Liabilities
Deferred Revenue$178,267$172,746▼ $5,521
Accounts Payable and Accrued Expenses$76,331$69,917▼ $6,414
Other Liabilities$70,648$1,150▼ $69,498
Total Liabilities$325,246$243,813▼ $81,433
Net Assets / Fund Balance
Unrestricted Net Assets$937,899$1,042,725▲ $104,826
Temporarily Rstr Net Assets$152,501$152,563▲ $62
Total Net Assets Fund Balance$1,090,400$1,195,288▲ $104,888
Total Liabilities and Net Assets / Fund Balance$1,415,646$1,439,101▲ $23,455

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$37,560$320,440$358,000
Leasehold Improvements$185,726$105,130$290,856
Equipment$20,129$187,658$207,787
Land$100,000-$100,000
Other Land Buildings$6,805$54,682$61,487

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$6,957,626$1,361,394▲ $290,638$281,553$8,296,447
2013$6,436,758$323,104▲ $506,845$269,601$6,957,626
2012$5,801,707$127,509▲ $809,429$280,151$6,428,731
2011$6,052,551$220,542▼ $174,427$271,142$5,801,707
2010$5,200,984$154,541▲ $1,064,918$222,727$6,164,708
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tchivzhel EdvardMusic DirectorPT$167,109$167,109
Mobley SherwoodExec DirectorFT$79,410$79,410
Johnson William TPast Exec DirectorFT$43,269$43,269

Board Members and Trustees

NameTitle
White Jr Andrew JAdvisory Council Chair
Nachman Robert aPresident
Dixon Lee1st Vice President
Slipke John F2nd Vice President
Beard David LDirector
Biediger GeorgeDirector
Biediger LaurenDirector
Biscopink KayDirector
Cheek JohnDirector
Crawford WilliamDirector
Dulin ThadDirector
Fleites FernandoDirector
Garrett BerryDirector
Haines Beverly JDirector
Lawson Dr Darren PDirector
Parr Jr Henry LDirector
Pires Mary AnnDirector
Schmitz-justen Dr ClemensDirector
Shetterly Michael EDirector
Simmons SusanDirector
Smith RozDirector
Somerville GretaDirector
Stanton Nancy BDirector
Strange DebraDirector
Strange ThomasDirector
Turner LauraDirector
Verreault John FDirector
Warner John JDirector
Wright JoyDirector
Yarbrough ElizabethDirector
Beal ToddOrchestra Representative
Clarke Jean AldermanOrchestra Representative
Debondt RichardOrchestra Representative
Obrien RobertOrchestra Representative
Firstenberg David JSecretary
Mckinney Kathleen CTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,013,987
Program Service Revenue
$907,694
Investment Income
$11,252
Other Revenue
$810,744
All Other Contributions
$700,442
Change in Net Assets
$35,390

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table6$204,825Replacement Cost
Other Non Cash Contri Table2$2,216Replacement Cost
Total Noncash Contributions8$207,041-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,625,071
Other Expenses$1,083,216
Total Fundraising Expense$622,772
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$948,751$101,189$225,071$1,275,011
Advertising--$285,459$285,459
Occupancy$161,515$21,996-$183,511
Fees for Services Other$170,228$7,878-$178,106
Payroll Taxes$123,197$12,306$34,035$169,538
Current Officers, Directors, Trustees, and Key Employees$166,825--$166,825
Travel$94,270--$94,270
Depreciation Depletion$1,040$35,811-$36,851
Royalties$34,412--$34,412
Other Employee Benefits-$12,184$363$12,547
Other Expenses$5,521$954$2,483$8,958
Office Expenses-$8,098-$8,098
Fees for Services Accounting-$7,500-$7,500
Conferences and Meetings-$7,203-$7,203
Insurance-$5,865-$5,865
Pension Plan Contributions$1,150--$1,150
Total Functional Expenses$1,842,917$242,598$622,772$2,708,287
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$774,603
Fundraising Direct Expenses$4,813
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Encore$526,834$526,834$4,813$522,021
Spec Project$247,769$247,769-$247,769
Total Events$774,603$774,603$4,813$769,790
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Edvard TchivzhelKey EmployeeEmploymentNo$167,109

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$228,800$220,000▼ $8,800
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Conductors Retirement Obligation$1,150
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“Members have equal rights to participate in the organizations approval of significant decisions”

Member election for additional members Part VI line 7A

“Board members hold elections to fill vacancies on the board.”

Governing body decisions Part VI line 7B

“Members have equal rights to participate in the organizations approval of significant decisions, such as, filling vacancies on the board, addition of new members, budget approval, and disbursement approval”

Committee meeting documentation Part VI line 8B

“Board of directors retains final decision making authority”

Form 990 governing body review Part VI line 11

“The fiscal policies committee has the opportunity to review and make any necessary changes to form 990, and distribution to all members of governing body before filing”

Conflict of interest policy compliance Part VI line 12C

“If a potential conflict of interest exists an executive board meeting is held to discuss the material facts of the event in question.”

Governing documents etc available to public Part VI line 19

“The organizations governing documents, conflict of interest policy, and financial statements are made available to the public on guidestars website (http://www2.guidestar.org/). These documents are also made available by request for inspection on the premises.”

Filing and Contact Details

Filer

Filer Name
Greenville Symphony Association
EIN
57-0447452
Address
200 SOUTH MAIN STREET, GREENVILLE, SC 29601

Signing Officer

Name
Mobley Sherwood
Title
Exec Director
Phone
8642320344
Signed
2016-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Johnson William T
Formed
1948
Legal Domicile
Sc
Voting Board Members
40
Independent Board Members
40
Employees
187

Preparer

Firm
Millard & Moore PA
Address
313 Mills Avenue, Greenville, SC 29605
Preparer
Michelle M Moore CPA
Phone
8642333846
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Retired conductors pension obligation terminated at death.”

Raw XML AppendixShowing 400 of 811 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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Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,439,101
Liabilities
$243,813
Net assets
$1,195,288
Revenue
$2,743,677
Expenses
$2,708,287
Net income
$35,390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.59$1.97$3.62$3.69$0.07
2024Summary only. Only limited summary data is available for this year.$2.54$0.51$2.03$3.42$3.62$0.19
2023Summary only. Only limited summary data is available for this year.$2.64$0.43$2.21$2.73$3.22$0.50
2022Summary only. Only limited summary data is available for this year.$3.13$0.42$2.70$3.58$2.67$0.91
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.35$1.79$2.27$2.01$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.32$1.53$2.79$2.53$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.27$1.26$2.70$2.70$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.21$1.26$2.76$2.85$0.09
2017Summary only. Only limited summary data is available for this year.$1.57$0.22$1.35$2.88$2.75$0.13
2016Summary only. Only limited summary data is available for this year.$1.50$0.28$1.22$2.67$2.64$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.24$1.20$2.74$2.71$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.42$0.33$1.09$2.57$2.55$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.38$1.08$2.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.41$1.13$2.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.31$1.22$2.31