Liabilities / Assets
66th percentile
Higher debt load relative to assets than 66% of similar nonprofits.
EIN 57-6025741 • 501(c)3 • Florence, SC
Profile
The florence symphony orchestra's mission is to perform a broad range of orchestral music including appropriate genres of classical, american traditional and popular music, and to engage, educate and enrich our audiences of all ages.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
66th percentile
Higher debt load relative to assets than 66% of similar nonprofits.
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
63rd percentile
Higher net margin than 63% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
71st percentile
Faster asset growth than 71% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Assets
Up$481,234
Up $61,225 (+15%) from 2024
Liabilities
Up$42,943
Up $16,532 (+63%) from 2024
Net Assets
Up$438,291
Up $44,693 (+11%) from 2024
Revenue
Up$390,647
Up $31,173 (+8.7%) from 2024
Expenses
Down$345,308
Down $5,099 (-1.5%) from 2024
Net Income
Up$45,339
Up $36,272 (+400%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
The florence symphony orchestra's (fso) mission is to perform a broad range of orchestral music including appropriate genres of classical, american traditional and popular music and to engage, educate and enrich our audiences of all ages.
To perform, cultivate and encourage interest in symphonic music.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $180,053 | $263,570 | ▲ $83,517 |
| Cash and Non-Interest-Bearing Accounts | $221,639 | $151,199 | ▼ $70,440 |
| Accounts Receivable | - | $52,295 | - |
| Land, Buildings, and Equipment, Net | $18,317 | $14,170 | ▼ $4,147 |
| Total Assets | $420,009 | $481,234 | ▲ $61,225 |
| Liabilities | |||
| Deferred Revenue | $26,411 | $42,943 | ▲ $16,532 |
| Total Liabilities | $26,411 | $42,943 | ▲ $16,532 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $393,598 | $438,291 | ▲ $44,693 |
| Total Net Assets Fund Balance | $393,598 | $438,291 | ▲ $44,693 |
| Total Liabilities and Net Assets / Fund Balance | $420,009 | $481,234 | ▲ $61,225 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $14,170 | $69,909 | $84,079 |
| Other Securities | $263,570 | - | - |
| Name | Title |
|---|---|
| Robert Tilton | Chair |
| Barrett Jackson | Member |
| Barry Bodie | Member |
| Brad Parham | Member |
| Christine Fisher | Member |
| Erick Figueras | Member |
| Marlon Malvagomes | Member |
| Melissa Scott | Member |
| Nancy Matthews | Member |
| Sue Jona | Member |
| Vivek Vasuki | Member |
| Frances Kahn | Secretary |
| Kaley Morrell | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $261,442 |
| Salaries, Compensation, and Employee Benefits | $83,866 |
| Total Fundraising Expense | $50 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $37,600 | $40,307 | - | $77,907 |
| Occupancy | $19,570 | $120 | - | $19,690 |
| Advertising | $13,083 | $4,678 | - | $17,761 |
| All Other Expenses | $12,539 | - | - | $12,539 |
| Other Expenses | $10,957 | - | - | $10,957 |
| Office Expenses | - | $7,201 | $50 | $7,251 |
| Travel | $6,091 | - | - | $6,091 |
| Payroll Taxes | $2,876 | $3,083 | - | $5,959 |
| Fees for Services Accounting | - | $4,225 | - | $4,225 |
| Depreciation Depletion | $4,147 | - | - | $4,147 |
| Insurance | $3,915 | - | - | $3,915 |
| Fees for Service Investment Mgmnt Fees | - | $2,097 | - | $2,097 |
| Total Functional Expenses | $283,547 | $61,711 | $50 | $345,308 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Management presented the form 990 to the finance committee of the board of directors for first-level approval. Following that, the finance committee presented the 990 to the full board at the first scheduled board meeting after its completion and prior to filing the form with the irs. Discussion of the form 990 with the full board was recorded in the minutes of the meeting. Questions and concerns were addressed by management and the finance committee.”
“Every three years (or more frequently if necessary), the compensation for each employee will be reviewed by the board of directors and/or supervisor. The compensation review is based on a variety of factors including, but not limited to, the education, experience, qualifications and prior performance of the employee, the expertise required for the position, the compensation paid to similarly-qualified persons in functionally-comparable positions, and the compensation offered by organizations similar to the florence symphony orchestra. Comparable salary information is obtained from compensation studies conducted by employer and human resources organizations as well as other symphony organizations.”
“The organization makes its governing documents and financial statements available to the public upon request.”
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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|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | TO PERFORM, CULTIVATE AND ENCOURAGE INTEREST IN SYMPHONIC MUSIC. |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | 45339 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 4147 |
| IRS990/Desc | 0 | IN A TYPICAL YEAR THE ORCHESTRA PERFORMS SIX INDOOR CONCERTS PROVIDING ENTERTAINING CULTURAL ENRICHMENT FOR THE COMMUNITY. TYPICAL ATTENDANCE AVERAGES 680. SEASON TICKET HOLDERSACCOUNT FOR 85% OF THE PER-CONCERT ATTENDANCE. |
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| IRS990/MissionDesc | 0 | THE FLORENCE SYMPHONY ORCHESTRA'S MISSION IS TO PERFORM A BROAD RANGE OF ORCHESTRAL MUSIC INCLUDING APPROPRIATE GENRES OF CLASSICAL, AMERICAN TRADITIONAL AND POPULAR MUSIC, AND TO ENGAGE, EDUCATE AND ENRICH OUR AUDIENCES OF ALL AGES. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MANAGEMENT PRESENTED THE FORM 990 TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR FIRST-LEVEL APPROVAL. FOLLOWING THAT, THE FINANCE COMMITTEE PRESENTED THE 990 TO THE FULL BOARD AT THE FIRST SCHEDULED BOARD MEETING AFTER ITS COMPLETION AND PRIOR TO FILING THE FORM WITH THE IRS. DISCUSSION OF THE FORM 990 WITH THE FULL BOARD WAS RECORDED IN THE MINUTES OF THE MEETING. QUESTIONS AND CONCERNS WERE ADDRESSED BY MANAGEMENT AND THE FINANCE COMMITTEE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EVERY THREE YEARS (OR MORE FREQUENTLY IF NECESSARY), THE COMPENSATION FOR EACH EMPLOYEE WILL BE REVIEWED BY THE BOARD OF DIRECTORS AND/OR SUPERVISOR. THE COMPENSATION REVIEW IS BASED ON A VARIETY OF FACTORS INCLUDING, BUT NOT LIMITED TO, THE EDUCATION, EXPERIENCE, QUALIFICATIONS AND PRIOR PERFORMANCE OF THE EMPLOYEE, THE EXPERTISE REQUIRED FOR THE POSITION, THE COMPENSATION PAID TO SIMILARLY-QUALIFIED PERSONS IN FUNCTIONALLY-COMPARABLE POSITIONS, AND THE COMPENSATION OFFERED BY ORGANIZATIONS SIMILAR TO THE FLORENCE SYMPHONY ORCHESTRA. COMPARABLE SALARY INFORMATION IS OBTAINED FROM COMPENSATION STUDIES CONDUCTED BY EMPLOYER AND HUMAN RESOURCES ORGANIZATIONS AS WELL AS OTHER SYMPHONY ORGANIZATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/USAddress/CityNm | 0 | FLORENCE |
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| IRS990/WebsiteAddressTxt | 0 | WWW.FLORENCESYMPHONY.COM |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT TILTON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8436612541 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-10 |
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