Civic Intelligence

Waco Symphony Foundation

990 • Fiscal year 2017 • EIN 74-2497888

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 10, 2018

Organization ProfileWWW.WACOSYMPHONY.COM/FOUNDATION
PO Box 1202Waco, TX 76703

(254) 754-1165

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$86,150

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 209.4% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-52%

Faster revenue growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$919,209

Up $112,730 (+14%) from 2016

Net Assets

Up

$919,209

Up $112,730 (+14%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin89th percentile

Revenue

Down

$41,138

Down $45,145 (-52%) from 2016

Expenses

Down

$24,416

Down $2,259 (-8.5%) from 2016

Net Income

Down

$16,722

Down $42,886 (-72%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$1.5M$1.0M$500K$0Assets 2011: $521,932Liabilities 2011: $0Net Assets 2011: $521,9322011Assets 2012: $552,695Liabilities 2012: $0Net Assets 2012: $552,6952012Assets 2013: $723,852Liabilities 2013: $0Net Assets 2013: $723,8522013Assets 2014: $733,546Liabilities 2014: $0Net Assets 2014: $733,5462014Assets 2015: $725,590Liabilities 2015: $0Net Assets 2015: $725,5902015Assets 2016: $806,479Liabilities 2016: $0Net Assets 2016: $806,4792016Assets 2017: $919,209Liabilities 2017: $0Net Assets 2017: $919,2092017Assets 2018: $849,854Liabilities 2018: $0Net Assets 2018: $849,8542018Assets 2019: $962,820Liabilities 2019: $0Net Assets 2019: $962,8202019Assets 2020: $1,022,632Liabilities 2020: $0Net Assets 2020: $1,022,6322020Assets 2021: $1,106,616Liabilities 2021: $0Net Assets 2021: $1,106,6162021Assets 2022: $950,599Liabilities 2022: $0Net Assets 2022: $950,5992022Assets 2023: $1,159,504Liabilities 2023: $0Net Assets 2023: $1,159,5042023Assets 2024: $1,303,634Liabilities 2024: $0Net Assets 2024: $1,303,6342024

Highlighted filing

2017

Assets$919,209
Liabilities$0
Net Assets$919,209
Open 2017 Filing

Operations Trend

Revenue Growth4th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $37,779Expenses 2011: $7,337Net Income 2011: $30,4422011Revenue 2012: $23,971Expenses 2012: $25,742Net Income 2012: -$1,7712012Revenue 2013: $46,796Expenses 2013: $7,964Net Income 2013: $38,8322013Revenue 2014: $36,399Expenses 2014: $28,626Net Income 2014: $7,7732014Revenue 2015: $43,881Expenses 2015: $26,904Net Income 2015: $16,9772015Revenue 2016: $86,283Expenses 2016: $26,675Net Income 2016: $59,6082016Revenue 2017: $41,138Expenses 2017: $24,416Net Income 2017: $16,7222017Revenue 2018: $50,389Expenses 2018: $38,967Net Income 2018: $11,4222018Revenue 2019: $100,884Expenses 2019: $45,998Net Income 2019: $54,8862019Revenue 2020: $75,393Expenses 2020: $88,399Net Income 2020: -$13,0062020Revenue 2021: $126,745Expenses 2021: $8,945Net Income 2021: $117,8002021Revenue 2022: $102,144Expenses 2022: $33,378Net Income 2022: $68,7662022Revenue 2023: $170,857Expenses 2023: $37,407Net Income 2023: $133,4502023Revenue 2024: $131,063Expenses 2024: $57,306Net Income 2024: $73,7572024

Highlighted filing

2017

Revenue$41,138
Expenses$24,416
Net Income$16,722
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 10, 2018
Return Version
2017v2.3
Gross Receipts
$41,138
Mission and Program Overview

Mission

The waco symphony foundation receives and provides funds for support of the waco symphony association, inc.

To receive and provide funds for support of the waco symphony association, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$806,113$918,319▲ $112,206
Cash and Non-Interest-Bearing Accounts$366$890▲ $524
Total Assets$806,479$919,209▲ $112,730
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$639,730$729,557▲ $89,827
Temporarily Rstr Net Assets$156,476$179,589▲ $23,113
Permanently Rstr Net Assets$10,273$10,063▼ $210
Total Net Assets Fund Balance$806,479$919,209▲ $112,730
Total Liabilities and Net Assets / Fund Balance$806,479$919,209▲ $112,730

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$10,273-▲ $63-$10,063
2016$10,196-▲ $77-$10,273
2015$10,135-▲ $61-$10,196
2014$10,235-▼ $100-$10,135
2013$10,416-▼ $181-$10,235
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleOtherTotal
Susan TaylorEx-officio$86,150$86,150

Board Members and Trustees

NameTitle
William McgovernPresident
Donald LewisVice President
Bradford HollandDirector
Harry HarelikDirector
Monte HulseDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$5,915
Program Service Revenue
$0
Investment Income
$35,223
Other Revenue
$0
All Other Contributions
$5,915
Change in Net Assets
$16,722
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$17,673
Other Expenses$6,743
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$17,673--$17,673
Fees for Service Investment Mgmnt Fees-$5,767-$5,767
Fees for Services Accounting-$900-$900
Office Expenses-$76-$76
Total Functional Expenses$17,673$6,743$0$24,416
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Waco Symphony Association IncWaco, TX501(c)(3) PcPublic Support$17,673
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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

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

“The foundation board reviews the form 990 at a board of directors meeting, or it is sent to the foundation board via email for review and is formally approved by email vote.”

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

“The foundation board signs the conflict of interest statments annually in conjunction with the conflict of interest statement for the waco symphony association.”

Form 990, Part VI, Section C, Line 19

“The documents are made available to the public upon request. The website directs those interested to submit a request for the foundation's public documents by phone, email or written letter to the waco symphony office.”

Filing and Contact Details

Filer

Filer Name
Waco Symphony Foundation
EIN
74-2497888
Phone
2547541165
Address
PO BOX 1202, WACO, TX 76703

Signing Officer

Name
Susan Taylor
Title
Executive Director
Phone
2547541165
Signed
2018-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Taylor
Formed
1988
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Jaynes Reitmeier Boyd & Therrell Pc
Address
5400 BOSQUE BLVD STE 500, WACO, TX 76710-4459
Preparer
Nancy a Livingston
Phone
2547764190
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“No change in oversight process or selection of an independent accountant.”

Financial Statement Notes

PART V, LINE 4:

“Provide a stream of income for the association.”

PART X, LINE 2:

“The organization has been granted exemptions from federal income taxes under section 501(c)(3) of the internal revenue code. As such, no provision for income taxes is reflected in the financial statements. The accounting standards on accounting for uncertainty in income taxes address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the financial statements from a tax position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal years 2015 and 2014.”

Raw XML Appendix397 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO RECEIVE AND PROVIDE FUNDS FOR SUPPORT OF THE WACO SYMPHONY ASSOCIATION, INC.
IRS990/AllOtherContributionsAmt05915
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SUSAN TAYLOR WACO SYMPHONY FOUNDATON
IRS990/BooksInCareOfDetail/PhoneNum02547541165
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0600 AUSTIN AVENUE SUITE 10
IRS990/BooksInCareOfDetail/USAddress/CityNm0WACO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd076701
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0366
IRS990/CashNonInterestBearingGrp/EOYAmt0890
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05915
IRS990/CYGrantsAndSimilarPaidAmt017673
IRS990/CYInvestmentIncomeAmt035223
IRS990/CYOtherExpensesAmt06743
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt016722
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt024416
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt041138
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0FUNDS GRANTED TO THE WACO SYMPHONY ASSOCIATION, INC. FOR TUITION SCHOLARSHIPS FOR HIGH SCHOOL STUDENTS PARTICIPATING IN THE WACO YOUTH SYMPHONY ORCHESTRA WHO WERE UNABLE TO PAY THEIR PARTICIPATION FEE. IN THE 27 YEARS OF THE WACO YOUTH SYMPHONY ORCHESTRA'S EXISTENCE AS A PROGRAM OF THE WACO SYMPHONY ASSOCIATION, THE FOUNDATION HAS COVERED TUITION SCHOLARSHIPS FOR OVER 250 STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02400
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0900
IRS990/FeesForServicesAccountingGrp/TotalAmt0900
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt05767
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt05767
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM MCGOVERN
IRS990/Form990PartVIISectionAGrp/PersonNm1DONALD LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm2HARRY HARELIK
IRS990/Form990PartVIISectionAGrp/PersonNm3MONTE HULSE
IRS990/Form990PartVIISectionAGrp/PersonNm4BRADFORD HOLLAND
IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN TAYLOR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt586150
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EX-OFFICIO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt019224
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt02400
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt017673
IRS990/GrantsToDomesticOrgsGrp/TotalAmt017673
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt019224
IRS990/GrossReceiptsAmt041138
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt015999
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015999
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0806113
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0918319
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE WACO SYMPHONY FOUNDATION RECEIVES AND PROVIDES FUNDS FOR SUPPORT OF THE WACO SYMPHONY ASSOCIATION, INC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0806479
IRS990/NetAssetsOrFundBalancesEOYAmt0919209
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt019224
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt019224
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt096008
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt076
IRS990/OfficeExpensesGrp/TotalAmt076
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt010273
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt010063
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SUSAN TAYLOR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0FUNDS GRANTED TO THE WACO SYMPHONY ASSOCIATION, INC. FOR ARTISTIC EXPENSES. IN THE CURRENT TAX YEAR, THIS EXPENSE REPRESENTS SUPPLEMENTAL ARTIST EPXENSES WHICH ALLOWED THE WACO SYMPHONY TO HOST WORLD-REKNOWNED RENEE FLEMING AT WACO HALL ON NOVEMBER 17, 2017 AS ITS GUEST ARTIST.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015273
IRS990/ProgSrvcAccomActy2Grp/GrantAmt015273
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt068180
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt020600
IRS990/PYInvestmentIncomeAmt018103
IRS990/PYOtherExpensesAmt06075
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt059608
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt026675
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt086283
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt016722
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE WACO SYMPHONY FOUNDATION WAS ESTABLISHED WITH THE SOLE PURPOSE OF SUPPORTING THE WACO SYMPHONY ASSOCIATION. THE WACO SYMPHONY FOUNDATION SUPPORTS NO OTHER ENTITY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SECTION A, LINE 1
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0746062658
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt017673
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0WACO SYMPHONY ASSOCIATION INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt017673
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt010273
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt010063
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0273
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt063
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt010196
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt010273
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt077
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt010135
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt010196
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt061
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt010235
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010135
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-100
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt010416
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt010235
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-181
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROVIDE A STREAM OF INCOME FOR THE ASSOCIATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS BEEN GRANTED EXEMPTIONS FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2015 AND 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt017673
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3) PC
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PUBLIC SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WACO SYMPHONY ASSOCIATION INC
IRS990ScheduleI/RecipientTable/RecipientEIN0746062658
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0600 AUSTIN AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WACO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd076701
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION BOARD REVIEWS THE FORM 990 AT A BOARD OF DIRECTORS MEETING, OR IT IS SENT TO THE FOUNDATION BOARD VIA EMAIL FOR REVIEW AND IS FORMALLY APPROVED BY EMAIL VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION BOARD SIGNS THE CONFLICT OF INTEREST STATMENTS ANNUALLY IN CONJUNCTION WITH THE CONFLICT OF INTEREST STATEMENT FOR THE WACO SYMPHONY ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE WEBSITE DIRECTS THOSE INTERESTED TO SUBMIT A REQUEST FOR THE FOUNDATION'S PUBLIC DOCUMENTS BY PHONE, EMAIL OR WRITTEN LETTER TO THE WACO SYMPHONY OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGE IN OVERSIGHT PROCESS OR SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WACO SYMPHONY ASSOCIATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0746062658
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT OF THE WACO SYMPHONY ORCHESTRA AND ITS PROGRAMS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0600 AUSTIN AVE STE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WACO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd076701
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt017673
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0WACO SYMPHONY ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0156476
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0179589
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0806479
IRS990/TotalAssetsEOYAmt0919209
IRS990/TotalAssetsGrp/BOYAmt0806479
IRS990/TotalAssetsGrp/EOYAmt0919209
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt05915
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06743
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt017673
IRS990/TotalFunctionalExpensesGrp/TotalAmt024416
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0806479
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0919209
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt017673
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt035223
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt041138
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0806479
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0919209
IRS990/TotReportableCompRltdOrgAmt086150
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0639730
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0729557
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1202
IRS990/USAddress/CityNm0WACO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076703
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.WACOSYMPHONY.COM/FOUNDATION
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02547541165
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WACO SYMPHONY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WACO
ReturnHeader/Filer/EIN0742497888
ReturnHeader/Filer/PhoneNum02547541165
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1202
ReturnHeader/Filer/USAddress/CityNm0WACO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076703
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId032910A907BF8362965AAAAACB3F0B4CD8EAEB520
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02BB74BCE0A9EE260972835DD27540D0299320C3C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.93.159.109
ReturnHeader/FilingSecurityInformation/IPDt02018-11-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:28:21
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742533381
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAYNES REITMEIER BOYD & THERRELL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05400 BOSQUE BLVD STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WACO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0767104459
ReturnHeader/PreparerPersonGrp/PhoneNum02547764190
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NANCY A LIVINGSTON
ReturnHeader/ReturnTs02018-11-15T10:31:17-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$919,209
Liabilities
$0
Net assets
$919,209
Revenue
$41,138
Expenses
$24,416
Net income
$16,722
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.13$0.06$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.17$0.04$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.10$0.03$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.13$0.01$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.08$0.09$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.10$0.05$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.05$0.04$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.04$0.02$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.09$0.03$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.04$0.03$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.04$0.03$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.05$0.01$0.04
2012Summary only. Only limited summary data is available for this year.$0.55$0.00$0.55$0.02$0.03$0.00
2011Summary only. Only limited summary data is available for this year.$0.52$0.00$0.52$0.04$0.01$0.03