Civic Intelligence

Symphony Volunteers Inc.

990 • Fiscal year 2021 • EIN 72-1199318

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 15, 2021

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

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.12x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

49th percentile

7.9%

Higher net margin than 49% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

49th percentile

4.8%

Faster asset growth than 49% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

48th percentile

1.9%

Faster revenue growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$260,875

Up $11,867 (+4.8%) from 2020

Net Assets

Up

$243,652

Up $11,708 (+5.0%) from 2020

Liabilities

Up

$17,223

Up $159 (+0.9%) from 2020

Revenue

Up

$148,690

Up $2,844 (+2.0%) from 2020

Expenses

Down

$136,982

Down $77,852 (-36%) from 2020

Net Income

Up

$11,708

Up $80,696 (+117%) from 2020

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

2021

Assets$260,875
Liabilities$17,223
Net Assets$243,652

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

2021

Revenue$148,690
Expenses$136,982
Net Income$11,708
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 15, 2021
Return Version
2020v4.1
Gross Receipts
$148,690
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$154,160$172,472▲ $18,312
Rtn Earn Endowment Incm Other Fnds$130,180$141,888▲ $11,708
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$44,214$49,494▲ $5,280
Land, Buildings, and Equipment, Net$28,804$35,154▲ $6,350
Prepaid Expenses and Deferred Charges$7,275--
Pledges and Grants Receivable$14,555$3,755▼ $10,800
Total Assets$249,008$260,875▲ $11,867
Liabilities
Other Liabilities$6,624$9,208▲ $2,584
Deferred Revenue$10,440$8,015▼ $2,425
Total Liabilities$17,064$17,223▲ $159
Net Assets / Fund Balance
Total Net Assets Fund Balance$231,944$243,652▲ $11,708
Total Liabilities and Net Assets / Fund Balance$249,008$260,875▲ $11,867

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,267$46,921$62,188
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
Robert LewisDirector
Sheila SchwartzmannDirector
Susan GaumerDirector
Suzanne M BagwillDirector
Betsy HarrisonBook Fair
Emel MizeCorresponding Secretary
Philip StraubFinancial Secretary
Barbara SandsParlimentarian
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
$148,690
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$130,980
Change in Net Assets
$11,708

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$71,535
Other Expenses$33,882
Salaries, Compensation, and Employee Benefits$31,565
Total Fundraising Expense$6,298
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$71,535--$71,535
Other Salaries and Wages-$26,191$2,910$29,101
Occupancy-$13,386$1,487$14,873
Office Expenses-$4,561$507$5,068
Other Expenses-$3,576$397$3,973
Insurance-$2,572$286$2,858
Payroll Taxes-$1,980$220$2,200
Depreciation Depletion-$1,563$187$1,750
Advertising-$1,193$132$1,325
Fees for Services Accounting-$900$100$1,000
Information Technology-$419$46$465
Other Employee Benefits-$238$26$264
Total Functional Expenses$71,535$59,149$6,298$136,982
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
LA Philharmonic OrchestraNew Orleans, LA501c3General Support$71,535
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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$5,290
Sales Taxes Payable$2,339
Payroll Liabilities$1,579
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 Committe 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
Barbara Sands
Title
President
Phone
5042883770
Signed
2021-10-15
Discuss with paid preparer
No

Organization Details

Formed
1991
Legal Domicile
La
Voting Board Members
31
Independent Board Members
31
Employees
9
Volunteers
242

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 during the prior year. SVI sought and received loan forgiveness of this balance as prescribed by the Small Business Administration during the fiscal year. SVI also received another PPP loan during the current fiscal year in the amount of $5,290. SVI will seek loan forgiveness for 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 and completes our pledge to the LPO. This amount was included in the donation amount shown on Part IX, line 1.

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IRS990/Form990PartVIISectionAGrp/PersonNm3Robert Lewis
IRS990/Form990PartVIISectionAGrp/PersonNm4Gretchen Bosworth
IRS990/Form990PartVIISectionAGrp/PersonNm5Linda Ferguson
IRS990/Form990PartVIISectionAGrp/PersonNm6Sheila Schwartzmann
IRS990/Form990PartVIISectionAGrp/PersonNm7Carol Hall
IRS990/Form990PartVIISectionAGrp/PersonNm8Lorraine Thien
IRS990/Form990PartVIISectionAGrp/PersonNm9Courtney-Anne Sarpy
IRS990/Form990PartVIISectionAGrp/PersonNm10Susan Gaumer
IRS990/Form990PartVIISectionAGrp/PersonNm11Ellen Goldring
IRS990/Form990PartVIISectionAGrp/PersonNm12Kathy Gaspard
IRS990/Form990PartVIISectionAGrp/PersonNm13Bethlehem K Andrews
IRS990/Form990PartVIISectionAGrp/PersonNm14Suzanne M Bagwill
IRS990/Form990PartVIISectionAGrp/PersonNm15Betty Gerstner
IRS990/Form990PartVIISectionAGrp/PersonNm16Heidi Charters
IRS990/Form990PartVIISectionAGrp/PersonNm17Josette Seifert
IRS990/Form990PartVIISectionAGrp/PersonNm18Celena Neal
IRS990/Form990PartVIISectionAGrp/PersonNm19Emel Mize
IRS990/Form990PartVIISectionAGrp/PersonNm20Diane Butler
IRS990/Form990PartVIISectionAGrp/PersonNm21Betsy Harrison
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IRS990/Form990PartVIISectionAGrp/PersonNm23Barbara Sands
IRS990/Form990PartVIISectionAGrp/PersonNm24Philip Straub
IRS990/Form990PartVIISectionAGrp/PersonNm25Charlotte Lewis
IRS990/Form990PartVIISectionAGrp/PersonNm26Donna Howland
IRS990/Form990PartVIISectionAGrp/PersonNm27Carolyn Perez
IRS990/Form990PartVIISectionAGrp/PersonNm28Melissa Gordon
IRS990/Form990PartVIISectionAGrp/PersonNm29Betty Speyrer
IRS990/Form990PartVIISectionAGrp/PersonNm30Nancy Fridge
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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/TitleTxt18VP Education & Outreach
IRS990/Form990PartVIISectionAGrp/TitleTxt19Corresponding Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt20VP Administration
IRS990/Form990PartVIISectionAGrp/TitleTxt21Book Fair
IRS990/Form990PartVIISectionAGrp/TitleTxt22Recording Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt23Parlimentarian
IRS990/Form990PartVIISectionAGrp/TitleTxt24Financial Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt25VP Education & Outreach
IRS990/Form990PartVIISectionAGrp/TitleTxt26VP Fundraising
IRS990/Form990PartVIISectionAGrp/TitleTxt27VP Administration
IRS990/Form990PartVIISectionAGrp/TitleTxt28Encore Shop Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt29President
IRS990/Form990PartVIISectionAGrp/TitleTxt30Treasurer
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IRS990/InsuranceGrp/FundraisingAmt0286
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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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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
2021Detailed filing. Detailed filing data is available for this year.$2.61$0.17$2.44$1.49$1.37$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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