Civic Intelligence

Greenville Symphony Association

990 • Fiscal year 2017 • EIN 57-0447452

Jun 01, 2016 to May 31, 2017 • Filed on Oct 15, 2017

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

57th percentile

0.14x

Higher debt load relative to assets than 57% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

45th percentile

0.08x

Higher debt load relative to revenue than 45% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

54th percentile

4.4%

Higher net margin than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

87th percentile

$177,188

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

55th percentile

4.9%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

58th percentile

7.8%

Faster revenue growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Flat

$1,574,711

Flat from 2017

Net Assets

Flat

$1,352,341

Flat from 2017

Liabilities

Flat

$222,370

Flat from 2017

Revenue

Flat

$2,880,768

Flat from 2017

Expenses

Flat

$2,753,095

Flat from 2017

Net Income

Flat

$127,673

Flat from 2017

Historical Trend

Balance Sheet Trend

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 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

2017

Assets$1,574,711
Liabilities$222,370
Net Assets$1,352,341

Operations Trend

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 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

2017

Revenue$2,880,768
Expenses$2,753,095
Net Income$127,673
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Oct 15, 2017
Return Version
2016v3.0
Gross Receipts
$2,880,768
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.

The greenville symphony is dedicated to providing educational and cultural opportunities for the citizens of greenville and surrounding communities through the presentation of live orchestral music.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$831,651$896,717▲ $65,066
Land, Buildings, and Equipment, Net$319,088$303,166▼ $15,922
Receivable From Disqualified Prsn$211,200$202,400▼ $8,800
Pledges and Grants Receivable$114,192$141,886▲ $27,694
Prepaid Expenses and Deferred Charges$24,325$30,392▲ $6,067
Cash and Non-Interest-Bearing Accounts$150$150→ $0
Total Assets$1,500,606$1,574,711▲ $74,105
Liabilities
Deferred Revenue$156,486$103,360▼ $53,126
Accounts Payable and Accrued Expenses$119,452$92,815▼ $26,637
Other Liabilities-$26,195-
Total Liabilities$275,938$222,370▼ $53,568
Net Assets / Fund Balance
Unrestricted Net Assets$1,224,668$1,352,341▲ $127,673
Total Net Assets Fund Balance$1,224,668$1,352,341▲ $127,673
Total Liabilities and Net Assets / Fund Balance$1,500,606$1,574,711▲ $74,105

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,386$345,614$358,000
Leasehold Improvements$177,588$134,417$312,005
Equipment$11,270$96,011$107,281
Land$100,000-$100,000
Other Land Buildings$1,922$91,816$93,738

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$7,843,414$101,863▲ $855,947$357,000$8,398,933
2015$8,296,448$84,560▼ $175,531$325,000$7,843,414
2014$6,957,626$1,361,395▲ $290,638$281,553$8,296,448
2013$6,436,758$323,104▲ $506,845$269,601$6,957,626
2012$5,811,783$125,685▲ $809,504$280,151$6,436,758
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edvard TchivzhelMusic Direct-$177,188-$177,188
Edvard TchivzhelMusic Director-$158,077$19,111$177,188
Andrew White JrInterim Exec-$59,664-$59,664
ROBERT O'BRIENOrchestra CoPT$13,509-$13,509
John ConcklinOrchestra CoPT$5,026-$5,026
Xiaoli SalinyOrchestra CoPT$4,973-$4,973

Board Members and Trustees

NameTitle
Brian AlbersDsc Chair
William P Crawford JrPresident
Claire BlakeDirector
Dan AdamsDirector
Dr Clemens Schmitz-justenDirector
Eva-marie FoxDirector
Fernando a FleitesDirector
George E BiedigerDirector
Henry ParrDirector
Ingrid ErwinDirector
John LawingDirector
Joy WigginsDirector
Kevin MertensDirector
Laura TurnerDirector
Mark JohnstonDirector
Michael E ShetterlyDirector
Nancy B StantonDirector
Norman GlickmanDirector
Rich BradshawDirector
Rick PennellDirector
Roz SmithDirector
Steve PettitDirector
Steve SinicropiDirector
Thomas SelfDirector
Tom StrangeDirector
Werner EikenbuschDirector
David J Firstenberg1st Vice Pre
David L Beard2nd Vice Pre
Bob HowardAdvisory COU
Mary JohnstonAdvisory COU
Julianne M FishExecutive Di
Debra StrangeGuild - Pre
Betsy CatesGuild-presid
Richard DebondtOrchestra Co
Susan SimmonsSecretary
Thad S DulinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,073,583
Program Service Revenue
$1,016,876
Investment Income
$10,490
Other Revenue
$779,819
All Other Contributions
$679,692
Change in Net Assets
$127,673

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$110,816Fair Market Value
Other Non Cash Contri Table1$28,466Fair Market Value
Other Non Cash Contri Table1$24,000Fair Market Value
Other Non Cash Contri Table2$23,000Fair Market Value
Total Noncash Contributions5$186,282-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,547,710
Other Expenses$1,205,385
Total Fundraising Expense$622,037
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$787,684$100,881$231,931$1,120,496
Advertising$43,895-$267,675$311,570
Current Officers, Directors, Trustees, and Key Employees$260,360--$260,360
Fees for Services Other$168,168$31,401$21,592$221,161
Travel$162,497$13,805-$176,302
Occupancy$126,880$31,716-$158,596
Payroll Taxes$92,203$7,446$17,142$116,791
Information Technology$31,912$24,000-$55,912
Other Employee Benefits$22,991$15,786$11,286$50,063
Conferences and Meetings-$5,612$44,132$49,744
Depreciation Depletion$3,036$36,324-$39,360
Office Expenses$12,209$4,287$15,610$32,106
Royalties$27,690--$27,690
Insurance$12,291$1,842$4,175$18,308
Other Expenses$41,984$6,940$8,494$15,434
Fees for Services Accounting-$7,500-$7,500
Total Functional Expenses$1,843,518$287,540$622,037$2,753,095
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$740,147
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Encore$539,124$539,124-$539,124
Special Project$154,683$154,683-$154,683
Total Events$738,202$738,202-$738,202
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mark JohnstonDirectorMarketing CostsNo$16,674
Steve SinicropiDirectorMarketing CostsNo$10,200

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$211,200$202,400▼ $8,800
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$26,195
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Members have equal rights to vote on certain matters, as set forth in the association's articles of incorporation and bylaws (charter documents) and as otherwise provided in the south carolina non profit corporation act of 1994, including the election of directors, the amendment of the charter documents and other significant decisions.

Form 990, Page 6, Part VI, Line 7A

The association's board members are elected by the members of the association, as set forth in the charter documents, typically at the annual meeeting of members. The board directors may fill vacancies on the board during the interim.

Form 990, Page 6, Part VI, Line 7B

Members have equal rights to participate in the organization's approval of significant decisions, such as, filling vacancies on the board, addition of new members, budget approval, and disbrusement approval. As noted above, the members (as distinguished from the board of directors) have the approval rights set forth in the charter documents and the sc nonprofit code.

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

The board of directors fiscal policies committee has the opportunity to review and make any necessary changes to form 990, and the form 990 is distributed to all board members before filing.

Form 990, Page 6, Part VI, Line 12C

The association has provisions in its bylaws that require either the board of directors or the board's excecutive committee (without interested persons present) to review and approve all conflict of interst transactions and ensure that they are on third party terms. The executive committee of the board fulfills this repsonsibility.

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

The board determined the compensation based upon data of comparable orchestras obtained from an independent party. The compensation of the executive director of the association is approved by both the executive committee of the board of directors (and ratified by the board of directors), with the executive director excused from all deliberations.

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

The board determined the compensation based upon data of comparable orchestras obtained from an independent party. Based on input from the board's personnel committee, the compensation of the music director (conductor) of the association is approved by both the executive committee and the board of directors (and ratified by the board of directors), with the music director (conductor) excused from all deliberations.

Form 990, Page 6, Part VI, Line 19

The association's governing documents, conflict of interest policy, and financial statements are made available to the public on guidestar's website (http://www2.guidestar.org/). These documents are also made available by request for inspection at the associations's offices. The form 990 is also publicly available.

Filing and Contact Details

Filer

Filer Name
Greenville Symphony Association
EIN
57-0447452
Phone
8642320344
Address
200 SOUTH MAIN STREET, GREENVILLE, SC 29601

Signing Officer

Name
Julianne M Fish
Title
Executive Director
Phone
8642320344
Signed
2017-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julianne M Fish
Formed
1950
Legal Domicile
Sc
Voting Board Members
40
Independent Board Members
40
Employees
222

Preparer

Firm
Greene Finney & Horton Llp
Address
800 E WASHINGTON ST STE D, GREENVILLE, SC 29601-3054
Preparer
Susan Denise Eidson CPA
Phone
8642325204
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IRS990/Form990PartVIISectionAGrp/TitleTxt0ORCHESTRA CO
IRS990/Form990PartVIISectionAGrp/TitleTxt1ORCHESTRA CO
IRS990/Form990PartVIISectionAGrp/TitleTxt2ORCHESTRA CO
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DSC CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt52ND VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9GUILD-PRESID
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11ORCHESTRA CO
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt151ST VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19ADVISORY COU
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21ADVISORY COU
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34GUILD - PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt35DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt38EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt39INTERIM EXEC
IRS990/Form990PartVIISectionAGrp/TitleTxt40MUSIC DIRECT
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IRS990/MissionDesc0THE GREENVILLE SYMPHONY IS DEDICATED TO PROVIDING EDUCATIONAL AND CULTURAL OPPORTUNITIES FOR THE CITIZENS OF GREENVILLE AND SURROUNDING COMMUNITIES THROUGH THE PRESENTATION OF LIVE ORCHESTRAL MUSIC.
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Document Assets

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Filings

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
2017Detailed filing. Detailed filing data is available for this year.$1.57$0.22$1.35$2.88$2.75$0.13
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