Civic Intelligence

Abilene Philharmonic Foundation

EIN 75-2281734 • 501(c)3 • Abilene, TX

Profile

The mission is to manage endowment funds for the abilene philharmonic association.

1102 N 3rd StreetAbilene, TX 79601

abilenephilharmonic.org

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

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

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

10th percentile

0.00x

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

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

90th percentile

54%

Higher net margin than 90% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

57th percentile

7.4%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

11th percentile

-24%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$5,037,097

Up $345,458 (+7.4%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$5,037,097

Up $345,458 (+7.4%) from 2024

Revenue

Down

$375,840

Down $121,575 (-24%) from 2024

Expenses

Up

$174,750

Up $49,599 (+40%) from 2024

Net Income

Down

$201,090

Down $171,174 (-46%) from 2024

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $1,540,176Liabilities 2012: $0Net Assets 2012: $1,540,1762012Assets 2013: $1,743,110Liabilities 2013: $0Net Assets 2013: $1,743,1102013Assets 2014: $2,149,554Liabilities 2014: $0Net Assets 2014: $2,149,5542014Assets 2015: $2,187,638Liabilities 2015: $0Net Assets 2015: $2,187,6382015Assets 2016: $2,072,641Liabilities 2016: $0Net Assets 2016: $2,072,6412016Assets 2017: $2,254,320Liabilities 2017: $0Net Assets 2017: $2,254,3202017Assets 2018: $2,422,419Liabilities 2018: $0Net Assets 2018: $2,422,4192018Assets 2019: $2,388,877Liabilities 2019: $0Net Assets 2019: $2,388,8772019Assets 2020: $2,485,641Liabilities 2020: $0Net Assets 2020: $2,485,6412020Assets 2021: $3,129,371Liabilities 2021: $0Net Assets 2021: $3,129,3712021Assets 2022: $3,802,636Liabilities 2022: $0Net Assets 2022: $3,802,6362022Assets 2023: $3,945,036Liabilities 2023: $0Net Assets 2023: $3,945,0362023Assets 2024: $4,691,639Liabilities 2024: $0Net Assets 2024: $4,691,6392024Assets 2025: $5,037,097Liabilities 2025: $0Net Assets 2025: $5,037,0972025

Highlighted filing

2025

Assets$5,037,097
Liabilities$0
Net Assets$5,037,097

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $75,207Expenses 2012: $79,609Net Income 2012: -$4,4022012Revenue 2013: $128,145Expenses 2013: $82,022Net Income 2013: $46,1232013Revenue 2014: $384,219Expenses 2014: $80,158Net Income 2014: $304,0612014Revenue 2015: $137,966Expenses 2015: $103,787Net Income 2015: $34,1792015Revenue 2016: $80,305Expenses 2016: $93,161Net Income 2016: -$12,8562016Revenue 2017: $140,273Expenses 2017: $96,224Net Income 2017: $44,0492017Revenue 2018: $167,442Expenses 2018: $107,352Net Income 2018: $60,0902018Revenue 2019: $236,946Expenses 2019: $101,326Net Income 2019: $135,6202019Revenue 2020: $184,363Expenses 2020: $117,474Net Income 2020: $66,8892020Revenue 2021: $122,058Expenses 2021: $44,939Net Income 2021: $77,1192021Revenue 2022: $1,332,633Expenses 2022: $205,444Net Income 2022: $1,127,1892022Revenue 2023: $360,206Expenses 2023: $150,879Net Income 2023: $209,3272023Revenue 2024: $497,415Expenses 2024: $125,151Net Income 2024: $372,2642024Revenue 2025: $375,840Expenses 2025: $174,750Net Income 2025: $201,0902025

Highlighted filing

2025

Revenue$375,840
Expenses$174,750
Net Income$201,090

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.04$0.00$5.04$0.38$0.17$0.20
2024Detailed filing. Detailed filing data is available for this year.$4.69$0.00$4.69$0.50$0.13$0.37
2023Detailed filing. Detailed filing data is available for this year.$3.95$0.00$3.95$0.36$0.15$0.21
2022Detailed filing. Detailed filing data is available for this year.$3.80$0.00$3.80$1.33$0.21$1.13
2021Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$0.12$0.04$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$0.18$0.12$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$0.24$0.10$0.14
2018Detailed filing. Detailed filing data is available for this year.$2.42$0.00$2.42$0.17$0.11$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.25$0.14$0.10$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$0.08$0.09$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.19$0.00$2.19$0.14$0.10$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$0.38$0.08$0.30
2013Summary only. Only limited summary data is available for this year.$1.74$0.00$1.74$0.13$0.08$0.05
2012Summary only. Only limited summary data is available for this year.$1.54$0.00$1.54$0.08$0.08$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2024 to May 31, 2025
Signed
Dec 9, 2025
Return Version
2024v5.2
Gross Receipts
$906,420
Mission and Program Overview

Mission

The mission is to manage endowment funds for the abilene philharmonic association.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,069,540$4,207,796▲ $138,256
Cash and Non-Interest-Bearing Accounts$23,987$215,569▲ $191,582
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$4,691,639$5,037,097▲ $345,458
Other Assets Total$598,112$613,732▲ $15,620
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,691,639$5,037,097▲ $345,458
Total Net Assets Fund Balance$4,691,639$5,037,097▲ $345,458
Total Liabilities and Net Assets / Fund Balance$4,691,639$5,037,097▲ $345,458

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$7,056$7,056
Other Assets Org$613,732--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Josh FlemingPresident
Mike YoungVice President
Evan SimmonsDesignated Director
Brandon CarrDirector
Ryan GibsonDirector
Elizabeth MillerEx-officio
Joe BilesEx-officio
Roberta Kalafut BrandeckerSecretary
Mark KappelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$183,865
Program Service Revenue
$0
Investment Income
$191,975
Other Revenue
$0
All Other Contributions
$183,865
Change in Net Assets
$201,090
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$154,121
Other Expenses$20,629
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$154,121--$154,121
Fees for Service Investment Mgmnt Fees$18,159--$18,159
Fees for Services Accounting-$2,400-$2,400
Office Expenses-$70-$70
Total Functional Expenses$172,280$2,470$0$174,750
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Abilene Philharmonic AssocAbilene, TX-Operations$144,121
The Abilene Phil GuildAbilene, TX-Operations$10,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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

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

Form 990 and supporting schedules are supplied to the president to be distributed and reviewed by board members. Any questions are answered and adjustments made as deemed necessary, after which approval is given to finalize the informational tax return.

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

Conflicts of interest are discussed at the annual board meeting with members full understaning of a potential issue and reporting if they have a situation that they feel may need clarification and/or review.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements and governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Abilene Philharmonic Foundation
EIN
75-2281734
Phone
3256776710
Address
1102 N 3RD STREET, ABILENE, TX 79601

Signing Officer

Name
Josh Fleming
Title
President
Signed
2025-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Fleming
Formed
1988
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
9

Preparer

Firm
DA Shepherd & Associates LLC
Address
402 Cypress St Ste 800, Abilene, TX 79601
Preparer
Dee Ann Shepherd CPA
Phone
3256771231
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IRS990/OtherAssetsTotalGrp/EOYAmt0613732
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IRS990/PrincipalOfficerNm0JOSH FLEMING
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0296908
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0106388
IRS990/PYInvestmentIncomeAmt0200507
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IRS990/PYOtherExpensesAmt018763
IRS990/PYRevenuesLessExpensesAmt0372264
IRS990/PYTotalExpensesAmt0125151
IRS990/PYTotalRevenueAmt0497415
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IRS990/ReconcilationRevenueExpnssAmt0201090
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IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Through its investment activities and distribution of endowment investment gains, the Foundation provided funds to the Abilene Philharmonic Association to support all aspects of presenting orchesteral music, education and community engagement, including concerts for school children, for the city of Abilene, and the surrounding region.By providing a quarterly grant, the Foundation allows the Abilene Philharmonic Association to use those funds where they are most needed, in any area of it's operations. The sole purpose of the Foundation is to manage endowment funds and provide suport to the Abilene Philharmonic Association.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Currently, the Foundation's distribution of investment gains provides just over 10% of the Association's annual receipts. If the Foundation did not perform their activities the Association would be forced to assume those responsibilities which could potentially result in a decrease in orchesteral music activities for the Association and/or having to increase its annual fundraising.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section E, Line 2a: Identify Supported Orgs. and Explain How Activities Furthered Exempt Pu
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Section E, Line 2b: Reasons For The Organization's Position
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0756004978
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1756038060
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd110
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0144368
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt110000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ABILENE PHILHARMONIC ASSOCIATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1THE ABILENE PHILHARMONIC GUILD
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0154368
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0613732
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BENEFICIAL INT. IN ASSETS HELD BY OTHERS
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07056
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07056
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0613732
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0144121
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ABILENE PHILHARMONIC ASSOC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THE ABILENE PHIL GUILD
IRS990ScheduleI/RecipientTable/RecipientEIN0756004978
IRS990ScheduleI/RecipientTable/RecipientEIN1756038060
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01102 N 3RD STREET SUITE B
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11102 N 3RD STREET SUITE B
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ABILENE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ABILENE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd079601
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd179601
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1FMV
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 AND SUPPORTING SCHEDULES ARE SUPPLIED TO THE PRESIDENT TO BE DISTRIBUTED AND REVIEWED BY BOARD MEMBERS. ANY QUESTIONS ARE ANSWERED AND ADJUSTMENTS MADE AS DEEMED NECESSARY, AFTER WHICH APPROVAL IS GIVEN TO FINALIZE THE INFORMATIONAL TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICTS OF INTEREST ARE DISCUSSED AT THE ANNUAL BOARD MEETING WITH MEMBERS FULL UNDERSTANING OF A POTENTIAL ISSUE AND REPORTING IF THEY HAVE A SITUATION THAT THEY FEEL MAY NEED CLARIFICATION AND/OR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ABILENE PHILHARMONIC ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0756004978
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0401(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SYMPHONY ORCHESTRA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt012c
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01102 N 3RD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ABILENE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd079601
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IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
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IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0144121
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0AS NEEDED
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ABILENE PHILHARMONIC ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false

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