Civic Intelligence

Southwest Florida Symphony Orchestra and Chorus Assoc Inc

EIN 59-1350404 • 501(c)3 • Fort Myers, FL

Profile

We aspire to be the premier music organization serving our communities by providing quality, professional performances and educational opportunities.

7500 College Parkway Suite 200Fort Myers, FL 33907

www.swflso.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.12x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.27x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

17th percentile

-16%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$96,425

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

20th percentile

-7.0%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-25%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$2,976,221

Down $224,828 (-7.0%) from 2023

Liabilities

Up

$366,963

Up $158,453 (+76%) from 2023

Net Assets

Down

$2,609,258

Down $383,281 (-13%) from 2023

Operations
Liabilities / Revenue71st percentileNet Margin17th percentile

Revenue

Down

$1,384,445

Down $464,561 (-25%) from 2023

Expenses

Down

$1,602,620

Down $258,253 (-14%) from 2023

Net Income

Down

-$218,175

Down $206,308 (-1739%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $822,250Liabilities 2010: $692,823Net Assets 2010: $129,4272010Assets 2011: $987,851Liabilities 2011: $375,403Net Assets 2011: $612,4482011Assets 2012: $839,534Liabilities 2012: $393,222Net Assets 2012: $446,3122012Assets 2013: $881,797Liabilities 2013: $424,639Net Assets 2013: $457,1582013Assets 2014: $1,428,536Liabilities 2014: $329,427Net Assets 2014: $1,099,1092014Assets 2015: $1,257,809Liabilities 2015: $364,012Net Assets 2015: $893,7972015Assets 2016: $965,464Liabilities 2016: $331,083Net Assets 2016: $634,3812016Assets 2017: $858,790Liabilities 2017: $290,383Net Assets 2017: $568,4072017Assets 2018: $3,109,352Liabilities 2018: $266,501Net Assets 2018: $2,842,8512018Assets 2019: $2,774,831Liabilities 2019: $272,131Net Assets 2019: $2,502,7002019Assets 2020: $2,550,699Liabilities 2020: $438,329Net Assets 2020: $2,112,3702020Assets 2021: $2,643,813Liabilities 2021: $553,157Net Assets 2021: $2,090,6562021Assets 2022: $3,246,003Liabilities 2022: $271,319Net Assets 2022: $2,974,6842022Assets 2023: $3,201,049Liabilities 2023: $208,510Net Assets 2023: $2,992,5392023Assets 2024: $2,976,221Liabilities 2024: $366,963Net Assets 2024: $2,609,2582024

Highlighted filing

2024

Assets$2,976,221
Liabilities$366,963
Net Assets$2,609,258
Open 2024 Filing

Operations Trend

Revenue Growth13th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,623,3592010Expenses 2011: $1,555,1512011Expenses 2012: $1,354,6132012Expenses 2013: $1,162,9352013Revenue 2014: $1,829,977Expenses 2014: $1,215,736Net Income 2014: $614,2412014Revenue 2015: $1,391,167Expenses 2015: $1,563,958Net Income 2015: -$172,7912015Revenue 2016: $1,577,355Expenses 2016: $1,759,106Net Income 2016: -$181,7512016Revenue 2017: $1,581,422Expenses 2017: $1,664,925Net Income 2017: -$83,5032017Revenue 2018: $1,600,856Expenses 2018: $1,788,113Net Income 2018: -$187,2572018Revenue 2019: $1,500,802Expenses 2019: $1,712,239Net Income 2019: -$211,4372019Revenue 2020: $1,483,527Expenses 2020: $1,612,123Net Income 2020: -$128,5962020Revenue 2021: $756,553Expenses 2021: $743,908Net Income 2021: $12,6452021Revenue 2022: $1,281,112Expenses 2022: $1,132,475Net Income 2022: $148,6372022Revenue 2023: $1,849,006Expenses 2023: $1,860,873Net Income 2023: -$11,8672023Revenue 2024: $1,384,445Expenses 2024: $1,602,620Net Income 2024: -$218,1752024

Highlighted filing

2024

Revenue$1,384,445
Expenses$1,602,620
Net Income-$218,175
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,976,221
Liabilities
$366,963
Net assets
$2,609,258
Revenue
$1,384,445
Expenses
$1,602,620
Net income
-$218,175
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.98$0.37$2.61$1.38$1.60$0.22
2023Detailed filing. Detailed filing data is available for this year.$3.20$0.21$2.99$1.85$1.86$0.01
2022Detailed filing. Detailed filing data is available for this year.$3.25$0.27$2.97$1.28$1.13$0.15
2021Detailed filing. Detailed filing data is available for this year.$2.64$0.55$2.09$0.76$0.74$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.55$0.44$2.11$1.48$1.61$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.77$0.27$2.50$1.50$1.71$0.21
2018Detailed filing. Detailed filing data is available for this year.$3.11$0.27$2.84$1.60$1.79$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.86$0.29$0.57$1.58$1.66$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.97$0.33$0.63$1.58$1.76$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.26$0.36$0.89$1.39$1.56$0.17
2014Detailed filing. Detailed filing data is available for this year.$1.43$0.33$1.10$1.83$1.22$0.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.42$0.46$1.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.39$0.45$1.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.38$0.61$1.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.69$0.13$1.62
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$1,426,165
Mission and Program Overview

Mission

We aspire to be the premier music organization serving our communities by providing quality, professional performances and educational opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,984,636$2,819,529▼ $165,107
Cash and Non-Interest-Bearing Accounts$154,877$120,401▼ $34,476
Land, Buildings, and Equipment, Net$8,879$25,910▲ $17,031
Savings and Temporary Cash Investments$15,463--
Pledges and Grants Receivable$6,000$6,000→ $0
Prepaid Expenses and Deferred Charges$3,881$3,881→ $0
Total Assets$3,201,049$2,976,221▼ $224,828
Other Assets Total$27,313$500▼ $26,813
Liabilities
Deferred Revenue$64,710$253,624▲ $188,914
Mortgage Notes Payable Secured by Investment Property$116,290$102,987▼ $13,303
Accounts Payable and Accrued Expenses$27,510$10,352▼ $17,158
Total Liabilities$208,510$366,963▲ $158,453
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,978,103$2,609,258▼ $368,845
Net Assets With Donor Restrictions$14,436$0▼ $14,436
Total Net Assets Fund Balance$2,992,539$2,609,258▼ $383,281
Total Liabilities and Net Assets / Fund Balance$3,201,049$2,976,221▼ $224,828

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$25,910$80,522$106,432
Other Securities$2,819,529--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$3,156,474$7,942▲ $360,067-$2,999,829
2022$2,898,185$353,910▲ $323,681-$3,156,474
2021$3,472,918$31,600▼ $381,494-$2,898,185
2020$298,842-▼ $182,996--
2019$298,842---$298,842
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Radu PaponiuMusic DirectorFT$96,425$96,425
Amy GinsburgExecutive DirectorFT$94,417$94,417

Board Members and Trustees

NameTitle
J Thomas UhlerPresident
Joe BroughtonVice President
Alexandra BremnerTrustee
Bob ShortTrustee
Corey VertichTrustee
Ellie FoxTrustee
Gary NiethamerTrustee
Jack MartinTrustee
Jeff CullTrustee
Jovana BatovicTrustee
Liz MarnulTrustee
Robert E DiefenbachTrustee
Reina SchlagerSecretary
Rachel KadukTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,101,834
Program Service Revenue
$279,450
Investment Income
$346
Other Revenue
$2,815
All Other Contributions
$507,799
Change in Net Assets
$-218,175
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,007,887
Other Expenses$594,733
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$529,544$165,457-$695,001
Current Officers, Directors, Trustees, and Key Employees$148,796$44,000-$192,796
Advertising$118,337--$118,337
Occupancy$62,500$32,941-$95,441
Fees for Services Other$91,177--$91,177
Payroll Taxes$52,212$16,122-$68,334
Fees for Services Legal-$63,948-$63,948
Other Employee Benefits$39,545$12,211-$51,756
Office Expenses$24,835$14,312-$39,147
Fees for Services Accounting$24,000$8,500-$32,500
Insurance$14,031$392-$14,423
Travel$10,821$1,321-$12,142
Information Technology$3,570$7,361-$10,931
Interest$2,780$373-$3,153
Depreciation Depletion$1,567$1,426-$2,993
Other Expenses$164$326-$164
Total Functional Expenses$1,233,930$368,690$0$1,602,620
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$44,535
Fundraising Direct Expenses$41,720
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Evening in Paris Gala$34,592$34,592$32,406$2,186
Total Events$44,535$44,535$41,720$2,815
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
-Board MemberAdvertisingNo$7,145
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Joe broughton, vice president, is married to nora lastre-broughton, general manager.”

Form 990, Part VI, Section A, Line 7A

“Article xii provides that at the annual meeting the membership shall elect members of the board of trustees.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is first reviewed by the finance committee and then the executive board. Copies of the form 990 are then sent to each trustee.”

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

“Each year, trustees and key employees must sign a document disclosing any conflicts of interest. The president oversees compliance with the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“The executive board considers compensation levels for similar positions in the local community as well as salary data provided by the league of american orchestras for orchestras nationally with similar budgets and activities.”

Form 990, Part VI, Section C, Line 19

“Financial statements are made available to the public upon request through the organization's website and through guidestar.”

Filing and Contact Details

Filer

Filer Name
Southwest Florida Symphony Orchestra
EIN
59-1350404
Phone
2394180996
Address
7500 COLLEGE PARKWAY SUITE 200, FORT MYERS, FL 33907

Signing Officer

Name
Amy Ginsburg
Title
Executive Director
Phone
2394180996
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Ginsburg
Formed
1961
Legal Domicile
Fl
Voting Board Members
14
Independent Board Members
14
Employees
190
Volunteers
75

Preparer

Firm
Wiltshire Whitley Richardson English Pa
Address
5249 SUMMERLIN COMMONS BLVD STE 100, FORT MYERS, FL 33907
Preparer
JOSEPH L D'AMBROSIO CPA
Phone
2393349191
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in interest in net assets of swfl symphony endowment foundation -165,106.”

Financial Statement Notes

PART V, LINE 4:

“To provide orchestra and chorus performances and educational programs for the southwest florida community.”

Raw XML AppendixShowing 400 of 600 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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IRS990/Desc0THE MISSION OF THE SOUTHWEST FLORIDA SYMPHONY IS TO PRESENT OUTSTANDING MUSIC FOR THE ENTERTAINMENT, ENRICHMENT AND EDUCATION OF THE BROADEST POSSIBLE PUBLIC. WE ACCOMPLISH THIS MISSION BY PROVIDING THE HIGHEST CALIBER OF PROFESSIONAL SYMPHONIC PERFORMANCES, MADE ACCESSIBLE TO THE ENTIRE COMMUNITY AND BEYOND. THE SYMPHONY EMPLOYS AN INTERNATIONALLY ACCLAIMED MUSIC DIRECTOR/CONDUCTOR, 70 WORLD-CLASS MUSICIANS AND BRINGS EXEMPLARY GUEST ARTISTS TO LEE COUNTY, FLORIDA. A PROFESSIONAL SYMPHONY ORCHESTRA IS THE CORNERSTONE OF ARTS AND CULTURE IN ANY COMMUNITY. THROUGH ITS EVER-EXPANDING FOOTPRINT AND RICH HISTORY IN SOUTHWEST FLORIDA, THE SOUTHWEST FLORIDA SYMPHONY SIGNIFICANTLY ENHANCES THE QUALITY OF THE COMMUNITY. THE SOUTHWEST FLORIDA SYMPHONY ALSO PROVIDES EDUCATIONAL OPPORTUNITIES FOR CHILDREN OF ALL AGES, UP TO AND INCLUDING COLLEGE STUDENTS AND ADULTS, THROUGH ITS BROAD EDUCATIONAL PROGRAMS. MAJORS FOR MINORS IS A PROGRAM THAT MARRIES DONOR ENGAGEMENT WITH "REVERSE FIELD TRIPS," BRINGING PROFESSIONAL ORCHESTRAL ENSEMBLES TO ELEMENTARY SCHOOLS THROUGHOUT LEE COUNTY, FLORIDA. THIS PROGRAM IS PRIMARILY FUNDED THROUGH INDIVIDUAL DONORS WHO ARE INVITED TO ATTEND THESE SCHOOLS IN ORDER TO SEE THEIR INVESTMENT IN THE SYMPHONY WORK. IN ADDITION TO ESTABLISHING AND DEEPENING THOSE RELATIONSHIPS, MAJORS AND MINORS FILLS THE ARTS EDUCATION VOID LEFT BY REDUCED OR ELIMINATED GOVERNMENTAL FUNDING FOR THOSE PROGRAMS AND ENHANCES STANDARD CURRICULUM.THE SYMPHONY'S YOUTH ORCHESTRA PROGRAMS PROVIDE PUBLIC PERFORMANCE OPPORTUNITIES, TEAM BUILDING SKILLS AND INSTRUMENTAL INSTRUCTION DELIVERED BY THE ORCHESTRA'S PROFESSIONAL MUSICIANS TO 100 STUDENTS RANGING FROM 6TH TO 12TH GRADE EACH SCHOOL YEAR. OTHER LIFELONG LEARNING OPPORTUNITIES INCLUDE THE SYMPHONY'S ANNUAL YOUNG PEOPLE'S CONCERT, WHICH IS A FIELD TRIP THAT BRINGS LEE COUNTY 5TH GRADERS TO BARBARA B. MANN PERFORMING ARTS HALL EACH SPRING FOR A FULL SYMPHONIC PERFORMANCE EXPERIENCE. OTHER EDUCATION INITIATIVES INCLUDE CONDUCTOR AND GUEST ARTIST LED PRE-CONCERT LECTURES, FREE TICKETS FOR DISADVANTAGED COMMUNITY MEMBERS, $5 STUDENT RUSH TICKETS, THE DISCOVERY CLUB PROGRAM, WHICH PROVIDES MEMBER STUDENTS AND TWO GUESTS WITH $5 CONCERT TICKETS AND MASTER CLASSES OFFERED BY VISITING GUEST ARTISTS AT LOCAL HIGH SCHOOLS, COLLEGES AND UNIVERSITIES.THE SYMPHONY BRINGS PERFORMANCES, EDUCTION AND OUTREACH INITIATIVES TO EVERY CORNER OF LEE COUNTY, FLORIDA, WITHIN ITS POWER TO ENSURE THAT PROFESSIONAL SYMPHONIC MUSIC IS AVAILABLE TO EVERYONE WHO DESIRES ACCESS, REGARDLESS OF ABILITY TO PAY ADMISSION OR TRAVEL TO PERFORMANCES, BRINGING THE HISTORY OF MUSIC TO LIFE FOR EVERYONE WITHIN ITS REACH.
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