Civic Intelligence

Valley Symphony Association

EIN 74-2023813 • 501(c)3 • Montrose, CO

Profile

To provide musical concerts to communities.

PO Box 3144Montrose, CO 81402

valleysymphony.net

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$12,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$129,578

Up $18,818 (+17%) from 2023

Liabilities

Down

$0

Down $328 (-100%) from 2023

Net Assets

Up

$129,578

Up $19,146 (+17%) from 2023

Revenue

Up

$134,016

Up $13,219 (+11%) from 2023

Expenses

Up

$114,870

Up $19,308 (+20%) from 2023

Net Income

Down

$19,146

Down $6,089 (-24%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $23,634Liabilities 2011: $0Net Assets 2011: $23,6342011Assets 2012: $20,057Liabilities 2012: $0Net Assets 2012: $20,0572012Assets 2013: $26,670Liabilities 2013: $667Net Assets 2013: $26,0032013Assets 2014: $25,996Liabilities 2014: $0Net Assets 2014: $25,9962014Assets 2015: $40,498Liabilities 2015: $0Net Assets 2015: $40,4982015Assets 2016: $34,681Liabilities 2016: $0Net Assets 2016: $34,6812016Assets 2017: $37,711Liabilities 2017: $0Net Assets 2017: $37,7112017Assets 2018: $30,798Liabilities 2018: $0Net Assets 2018: $30,7982018Assets 2019: $45,339Liabilities 2019: $0Net Assets 2019: $45,3392019Assets 2020: $28,212Liabilities 2020: $0Net Assets 2020: $28,2122020Assets 2021: $45,863Liabilities 2021: $0Net Assets 2021: $45,8632021Assets 2022: $85,458Liabilities 2022: $261Net Assets 2022: $85,1972022Assets 2023: $110,760Liabilities 2023: $328Net Assets 2023: $110,4322023Assets 2024: $129,578Liabilities 2024: $0Net Assets 2024: $129,5782024

Highlighted filing

2024

Assets$129,578
Liabilities$0
Net Assets$129,578

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $40,427Expenses 2011: $52,227Net Income 2011: -$11,8002011Revenue 2012: $41,863Expenses 2012: $45,440Net Income 2012: -$3,5772012Revenue 2013: $53,391Expenses 2013: $47,445Net Income 2013: $5,9462013Revenue 2014: $40,872Expenses 2014: $40,879Net Income 2014: -$72014Revenue 2015: $61,354Expenses 2015: $46,852Net Income 2015: $14,5022015Revenue 2016: $37,637Expenses 2016: $43,454Net Income 2016: -$5,8172016Revenue 2017: $49,770Expenses 2017: $46,740Net Income 2017: $3,0302017Revenue 2018: $61,199Expenses 2018: $68,112Net Income 2018: -$6,9132018Revenue 2019: $85,895Expenses 2019: $71,354Net Income 2019: $14,5412019Revenue 2020: $16,403Expenses 2020: $33,530Net Income 2020: -$17,1272020Revenue 2021: $76,208Expenses 2021: $58,557Net Income 2021: $17,6512021Revenue 2022: $123,687Expenses 2022: $84,353Net Income 2022: $39,3342022Revenue 2023: $120,797Expenses 2023: $95,562Net Income 2023: $25,2352023Revenue 2024: $134,016Expenses 2024: $114,870Net Income 2024: $19,1462024

Highlighted filing

2024

Revenue$134,016
Expenses$114,870
Net Income$19,146

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$1.34$1.15$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.10$1.21$0.96$0.25
2022Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$1.24$0.84$0.39
2021Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.76$0.59$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.16$0.34$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.86$0.71$0.15
2018Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.61$0.68$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.50$0.47$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.38$0.43$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.61$0.47$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.41$0.41$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$0.53$0.47$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.00$0.20$0.42$0.45$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.00$0.24$0.40$0.52$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$134,016
Mission and Program Overview

Mission

To provide musical concerts to communities.

Program Services

DescriptionGrantsExpenses
PROVIDE CONCERTS TO THE COMMUNITIES OF DELTA, MONTROSE, AND OURAY COUNTIES. APPROXIMATELY 2000 ATTENDEES.$0$32,779
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANIE HELLECKSONExecutive DirectorPT$12,000-$12,000
TROY RAPEROrchestra DirectorPT$11,000-$11,000
SANDY SUNDSTROMPrincipalPT$3,125-$3,125
KATHERINE KRISTOFFERSENChorus DirectorPT$2,000-$2,000
GLEN JUSTICEVice President-$0--
NONA MAYBERRYTreasurerPT$0--
CATHERINE HOFFMANPresidentPT$0--
CHERYL ZAHNISERMember At LargePT$0--
ANNE HARPERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Valley Symphony Association
EIN
74-2023813
Phone
9702527471
Address
PO BOX 3144, MONTROSE, CO 81402

Signing Officer

Name
Catherine Hoffman
Title
President
Phone
9702527471
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Rounds and Brooks Cpas Pc
Address
321 SOUTH 9TH STREET SUITE A, MONTROSE, CO 81401
Preparer
Heather Grant
Phone
9702494909
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 119.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: advertising income. Amount: 58,035.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 3,270. Description: other expenses. Amount: 120. Total to form 990-ez, line 14: 3,390.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising. Amount: 2,169. Description: bank & credit card fees. Amount: 2,340. Description: insurance. Amount: 507. Description: internet & website. Amount: 1,056. Description: office expense. Amount: 516. Description: music. Amount: 6,002. Description: royalties & dues. Amount: 458. Description: travel. Amount: 5,910. Description: marketing. Amount: 283. Description: media consultant. Amount: 7,112. Description: valley youth contributions. Amount: 500. Description: graphic design. Amount: 3,074. Description: cost of advertising-related to prog advert income. Amount: 45,696. Total to form 990-ez, line 16: 75,623.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 19,695. End of year amount: 16,425.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: uniforms-chorus. Beg. Of year amount: 328. End of year amount: 0.

Raw XML Appendix215 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 119.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADVERTISING INCOME. AMOUNT: 58,035.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 3,270. DESCRIPTION: OTHER EXPENSES. AMOUNT: 120. TOTAL TO FORM 990-EZ, LINE 14: 3,390.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ADVERTISING. AMOUNT: 2,169. DESCRIPTION: BANK & CREDIT CARD FEES. AMOUNT: 2,340. DESCRIPTION: INSURANCE. AMOUNT: 507. DESCRIPTION: INTERNET & WEBSITE. AMOUNT: 1,056. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 516. DESCRIPTION: MUSIC. AMOUNT: 6,002. DESCRIPTION: ROYALTIES & DUES. AMOUNT: 458. DESCRIPTION: TRAVEL. AMOUNT: 5,910. DESCRIPTION: MARKETING. AMOUNT: 283. DESCRIPTION: MEDIA CONSULTANT. AMOUNT: 7,112. DESCRIPTION: VALLEY YOUTH CONTRIBUTIONS. AMOUNT: 500. DESCRIPTION: GRAPHIC DESIGN. AMOUNT: 3,074. DESCRIPTION: COST OF ADVERTISING-RELATED TO PROG ADVERT INCOME. AMOUNT: 45,696. TOTAL TO FORM 990-EZ, LINE 16: 75,623.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 19,695. END OF YEAR AMOUNT: 16,425.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PhoneNum09702494909
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEATHER GRANT
ReturnHeader/ReturnTs02025-05-15T09:16:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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