Civic Intelligence

Symphony Volunteers Inc.

990 • Fiscal year 2020 • EIN 72-1199318

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 21, 2020

P O Box 4036New Orleans, LA 70178-4036

(504) 393-8983

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.07x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

78th percentile

0.12x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

13th percentile

-47%

Higher net margin than 13% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

19th percentile

-21%

Faster asset growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

25th percentile

-45%

Faster revenue growth than 25% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$249,008

Down $65,439 (-21%) from 2019

Net Assets

Down

$231,944

Down $68,988 (-23%) from 2019

Liabilities

Up

$17,064

Up $3,549 (+26%) from 2019

Revenue

Down

$145,846

Down $117,603 (-45%) from 2019

Expenses

Down

$214,834

Down $67,903 (-24%) from 2019

Net Income

Down

-$68,988

Down $49,700 (-258%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $243,901Liabilities 2012: $15,438Net Assets 2012: $228,4632012Assets 2013: $242,585Liabilities 2013: $15,481Net Assets 2013: $227,1042013Assets 2014: $258,080Liabilities 2014: $13,100Net Assets 2014: $244,9802014Assets 2015: $268,318Liabilities 2015: $12,185Net Assets 2015: $256,1332015Assets 2016: $276,306Liabilities 2016: $15,816Net Assets 2016: $260,4902016Assets 2017: $290,072Liabilities 2017: $17,142Net Assets 2017: $272,9302017Assets 2018: $334,079Liabilities 2018: $13,859Net Assets 2018: $320,2202018Assets 2019: $314,447Liabilities 2019: $13,515Net Assets 2019: $300,9322019Assets 2020: $249,008Liabilities 2020: $17,064Net Assets 2020: $231,9442020Assets 2021: $260,875Liabilities 2021: $17,223Net Assets 2021: $243,6522021Assets 2022: $298,973Liabilities 2022: $5,513Net Assets 2022: $293,4602022Assets 2023: $314,067Liabilities 2023: $1,554Net Assets 2023: $312,5132023Assets 2024: $285,158Liabilities 2024: $1,409Net Assets 2024: $283,7492024Assets 2025: $279,466Liabilities 2025: $1,707Net Assets 2025: $277,7592025

Highlighted filing

2020

Assets$249,008
Liabilities$17,064
Net Assets$231,944

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2012: $230,402Expenses 2012: $212,797Net Income 2012: $17,6052012Expenses 2013: $230,1992013Revenue 2014: $226,415Expenses 2014: $208,539Net Income 2014: $17,8762014Revenue 2015: $248,109Expenses 2015: $236,956Net Income 2015: $11,1532015Revenue 2016: $247,892Expenses 2016: $243,535Net Income 2016: $4,3572016Revenue 2017: $237,809Expenses 2017: $225,369Net Income 2017: $12,4402017Revenue 2018: $279,917Expenses 2018: $232,627Net Income 2018: $47,2902018Revenue 2019: $263,449Expenses 2019: $282,737Net Income 2019: -$19,2882019Revenue 2020: $145,846Expenses 2020: $214,834Net Income 2020: -$68,9882020Revenue 2021: $148,690Expenses 2021: $136,982Net Income 2021: $11,7082021Revenue 2022: $266,987Expenses 2022: $217,179Net Income 2022: $49,8082022Revenue 2023: $295,116Expenses 2023: $276,063Net Income 2023: $19,0532023Revenue 2024: $274,856Expenses 2024: $303,620Net Income 2024: -$28,7642024Revenue 2025: $242,348Expenses 2025: $248,338Net Income 2025: -$5,9902025

Highlighted filing

2020

Revenue$145,846
Expenses$214,834
Net Income-$68,988
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 21, 2020
Return Version
2019v5.1
Gross Receipts
$151,126
Mission and Program Overview

Mission

To Serve, Support and Promote the Louisiana Philharmonic Orchestra. To Create and Promote interest and support for Philharmonic music. To promote and foster music education. To encourage volunteer support from membership and the community. To raise funds to accomplish these goals

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$191,864$154,160▼ $37,704
Rtn Earn Endowment Incm Other Fnds$199,168$130,180▼ $68,988
Cap Stk Tr Prin Current Funds$51,909$51,909→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$49,855$49,855→ $0
Inventories for Sale or Use$48,370$44,214▼ $4,156
Land, Buildings, and Equipment, Net$30,528$28,804▼ $1,724
Pledges and Grants Receivable$40,960$14,555▼ $26,405
Prepaid Expenses and Deferred Charges$2,725$7,275▲ $4,550
Total Assets$314,447$249,008▼ $65,439
Liabilities
Deferred Revenue$10,305$10,440▲ $135
Other Liabilities$3,210$6,624▲ $3,414
Total Liabilities$13,515$17,064▲ $3,549
Net Assets / Fund Balance
Total Net Assets Fund Balance$300,932$231,944▼ $68,988
Total Liabilities and Net Assets / Fund Balance$314,447$249,008▼ $65,439

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,917$45,171$54,088
Land$19,887-$19,887
Equipment-$1,050$1,050
Compensation and Service Providers

Board Members and Trustees

NameTitle
Melissa GordonEncore Shop Chair
Betty SpeyrerPresident
Bethlehem K AndrewsDirector
Betty GerstnerDirector
Carol HallDirector
Courtney-Anne SarpyDirector
Eleanor StraubDirector
Ellen GoldringDirector
Eva MikesDirector
Gretchen BosworthDirector
Heidi ChartersDirector
Josette SeifertDirector
Kathy GaspardDirector
Laura Walker PlunkettDirector
Linda FergusonDirector
Lorraine ThienDirector
Nancy PomiechowskiDirector
Robert LewisDirector
Sheila SchwartzmannDirector
Susan GaumerDirector
Suzanne M BagwillDirector
Betsy HarrisonBook Fair
Emel MizeCorresponding Secretary
Philip StraubFinancial Secretary
Barbara SandsParliamentarian
Charla MisseRecording Secretary
Nancy FridgeTreasurer
Carolyn PerezVP Administration
Diane ButlerVP Administration
Celena NealVP Education & Outreach
Charlotte LewisVP Education & Outreach
Donna HowlandVP Fundraising
Revenue and Support

Revenue Composition

Contributions and Grants
$118,895
Program Service Revenue
$6,135
Investment Income
$0
Other Revenue
$20,816
All Other Contributions
$105,275
Change in Net Assets
$-68,988

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$86,376Sale Amount
Books and Publications$10,774Sale Amount
Total Noncash Contributions$97,150-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$140,000
Other Expenses$50,298
Salaries, Compensation, and Employee Benefits$24,536
Total Fundraising Expense$6,396
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$140,000--$140,000
Other Salaries and Wages-$20,425$2,269$22,694
Occupancy-$17,587$1,954$19,541
Office Expenses-$6,658$740$7,398
Insurance-$2,661$296$2,957
Payroll Taxes-$1,587$176$1,763
Depreciation Depletion-$1,552$172$1,724
Fees for Services Accounting-$900$100$1,000
Information Technology-$720$80$800
Advertising-$341$38$379
Conferences and Meetings$133--$133
Other Expenses$1,776$84$563$84
Other Employee Benefits-$71$8$79
Total Functional Expenses$141,909$66,529$6,396$214,834
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
LA Philharmonic OrchestraNew Orleans, LA501c3General Support$140,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$26,096
Fundraising Direct Expenses$5,280
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Baubles & Bu$26,096$26,096$1,837$24,259
Total Events$26,096$26,096$5,280$20,816
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PPP Loan Payable$6,130
Sales Taxes Payable$376
Payroll Liabilities$118
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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

Officer directors etc family relationship Part VI line 2

There are two married couples on the board: Charlotte and Robert Lewis, Philip and Eleanor Straub. There are two sisters on the board: Suzanne Bagwill and Eva Mikes.

Members or stockholder classes and rights Part VI line 6

Dues paying members elect the following officers: President, President-elect, Vice President of Administration, Vice-President of Education & Outreach Programs, Vice-President of Fundraising, Corresponding Secretary, Recording Secretary and Treasurer. The offices of President, President-elect and Vice-Presidents may be shared by two persons.

Member election for additional members Part VI line 7A

Members have no governing ability, except in annual election for certain officers as described above.

Committee meeting documentation Part VI line 8B

No minutes are prepared at committee meetings

Form 990 governing body review Part VI line 11

Form 990 is reviewed by the Finance Committee before the return is filed. The complete return (Form 990) is made available to all board members at the next regular board meeting or upon request.

Conflict of interest policy compliance Part VI line 12C

If the board of directors has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform such member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. After hearing the members response, the board will take appropriate action.

Governing documents etc available to public Part VI line 19

These Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Symphony Volunteers Inc
EIN
72-1199318
Address
P O Box 4036, New Orleans, LA 70178-4036
Doing Business As
LPO Volunteers

Signing Officer

Name
Betty Speyrer
Title
President
Phone
5042883770
Signed
2020-10-21
Discuss with paid preparer
No

Organization Details

Formed
1991
Legal Domicile
La
Voting Board Members
32
Independent Board Members
32
Employees
7
Volunteers
294

Preparer

Firm
All Accounting & Tax Consultants
Address
450 N Causeway Blvd Ste G, Mandeville, LA 70448
Preparer
Deborah Rollo
Phone
9858750500
Supplemental Narrative

Additional Explanations

Part X response or note to any line in Part X

Symphony Volunteers, Inc (SVI) requested and received a Paycheck Protection Program (PPP) loan as established by the CARES Act in the amount of $6,130. SVI will seek loan forgiveness of this balance as prescribed by the Small Business Administration during the next fiscal year.

General explanation attachment

The LPO Volunteers Chair Naming campaign is a five-year fundraising campaign to raise at least $100,000 to support salaries for Louisiana Philharmonic Orchestra (LPO) musicians. LPO Volunteers expects to contribute at least $20,000 each calandar year to the LPO from the funds raised for this purpose. This separate account will cease to exist at the end of the five year period when all funds have been remitted to the LPO. $40,000 was contributed from this special fundraising campaign to the LPO during this fiscal year. This was included in the donation amount shown on Part IX, line 1.

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IRS990/Form990PartVIISectionAGrp/PersonNm2Suzanne M Bagwill
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IRS990/Form990PartVIISectionAGrp/PersonNm4Nancy Pomiechowski
IRS990/Form990PartVIISectionAGrp/PersonNm5Kathy Gaspard
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IRS990/Form990PartVIISectionAGrp/PersonNm8Robert Lewis
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IRS990/Form990PartVIISectionAGrp/PersonNm10Eleanor Straub
IRS990/Form990PartVIISectionAGrp/PersonNm11Eva Mikes
IRS990/Form990PartVIISectionAGrp/PersonNm12Laura Walker Plunkett
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IRS990/Form990PartVIISectionAGrp/PersonNm17Sheila Schwartzmann
IRS990/Form990PartVIISectionAGrp/PersonNm18Carol Hall
IRS990/Form990PartVIISectionAGrp/PersonNm19Diane Butler
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IRS990/Form990PartVIISectionAGrp/PersonNm21Nancy Fridge
IRS990/Form990PartVIISectionAGrp/PersonNm22Charlotte Lewis
IRS990/Form990PartVIISectionAGrp/PersonNm23Donna Howland
IRS990/Form990PartVIISectionAGrp/PersonNm24Philip Straub
IRS990/Form990PartVIISectionAGrp/PersonNm25Carolyn Perez
IRS990/Form990PartVIISectionAGrp/PersonNm26Betty Speyrer
IRS990/Form990PartVIISectionAGrp/PersonNm27Melissa Gordon
IRS990/Form990PartVIISectionAGrp/PersonNm28Celena Neal
IRS990/Form990PartVIISectionAGrp/PersonNm29Charla Misse
IRS990/Form990PartVIISectionAGrp/PersonNm30Betsy Harrison
IRS990/Form990PartVIISectionAGrp/PersonNm31Emel Mize
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP Administration
IRS990/Form990PartVIISectionAGrp/TitleTxt20Parliamentarian
IRS990/Form990PartVIISectionAGrp/TitleTxt21Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP Education & Outreach
IRS990/Form990PartVIISectionAGrp/TitleTxt23VP Fundraising
IRS990/Form990PartVIISectionAGrp/TitleTxt24Financial Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt25VP Administration
IRS990/Form990PartVIISectionAGrp/TitleTxt26President
IRS990/Form990PartVIISectionAGrp/TitleTxt27Encore Shop Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt28VP Education & Outreach
IRS990/Form990PartVIISectionAGrp/TitleTxt29Recording Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt30Book Fair
IRS990/Form990PartVIISectionAGrp/TitleTxt31Corresponding Secretary
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IRS990/FormationYr01991
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IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
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IRS990/FundraisingGrossIncomeAmt026096
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IRS990/InsuranceGrp/ManagementAndGeneralAmt02661
IRS990/InsuranceGrp/TotalAmt02957
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IRS990/MissionDesc0To Serve, Support and Promote the Louisiana Philharmonic Orchestra. To Create and Promote interest and support for Philharmonic music. To promote and foster music education. To encourage volunteer support from membership and the community. To raise funds to accomplish these goals
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IRS990/OfficeExpensesGrp/TotalAmt07398
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IRS990/OperateHospitalInd0false

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.$2.79$0.02$2.78$2.42$2.48$0.06
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$0.01$2.84$2.75$3.04$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$0.02$3.13$2.95$2.76$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.99$0.06$2.93$2.67$2.17$0.50
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$0.17$2.44$1.49$1.37$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.49$0.17$2.32$1.46$2.15$0.69
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$0.14$3.01$2.63$2.83$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.34$0.14$3.20$2.80$2.33$0.47
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$0.17$2.73$2.38$2.25$0.12
2016Detailed filing. Detailed filing data is available for this year.$2.76$0.16$2.60$2.48$2.44$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.68$0.12$2.56$2.48$2.37$0.11
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.13$2.45$2.26$2.09$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.15$2.27$2.30
2012Summary only. Only limited summary data is available for this year.$2.44$0.15$2.28$2.30$2.13$0.18