Civic Intelligence

Bellingham Symphony Orchestra

990 • Fiscal year 2020 • EIN 91-1003176

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 28, 2021

PO Box 5892Bellingham, WA 98227

(360) 756-6752

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.12x

Higher debt load relative to assets than 62% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.10x

Higher debt load relative to revenue than 58% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

61st percentile

13%

Higher net margin than 61% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

52nd percentile

$2,000

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

57th percentile

11%

Faster asset growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

54th percentile

1.4%

Faster revenue growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$490,830

Up $46,684 (+11%) from 2019

Net Assets

Up

$430,987

Up $15,561 (+3.7%) from 2019

Liabilities

Up

$59,843

Up $31,123 (+108%) from 2019

Revenue

Up

$580,271

Up $8,213 (+1.4%) from 2019

Expenses

Down

$505,618

Down $33,429 (-6.2%) from 2019

Net Income

Up

$74,653

Up $41,642 (+126%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2012: $322,197Liabilities 2012: $26,879Net Assets 2012: $295,3182012Assets 2013: $350,217Liabilities 2013: $9,131Net Assets 2013: $341,0862013Assets 2014: $368,314Liabilities 2014: $11,318Net Assets 2014: $356,9962014Assets 2015: $376,597Liabilities 2015: $14,899Net Assets 2015: $361,6982015Assets 2016: $383,578Liabilities 2016: $17,907Net Assets 2016: $365,6712016Assets 2017: $364,196Liabilities 2017: $19,063Net Assets 2017: $345,1332017Assets 2018: $417,065Liabilities 2018: $36,757Net Assets 2018: $380,3082018Assets 2019: $444,146Liabilities 2019: $28,720Net Assets 2019: $415,4262019Assets 2020: $490,830Liabilities 2020: $59,843Net Assets 2020: $430,9872020Assets 2021: $544,700Liabilities 2021: $56,099Net Assets 2021: $488,6012021Assets 2022: $692,164Liabilities 2022: $54,479Net Assets 2022: $637,6852022Assets 2023: $588,599Liabilities 2023: $28,842Net Assets 2023: $559,7572023Assets 2024: $460,043Liabilities 2024: $31,521Net Assets 2024: $428,5222024Assets 2025: $528,569Liabilities 2025: $107,344Net Assets 2025: $421,2252025

Highlighted filing

2020

Assets$490,830
Liabilities$59,843
Net Assets$430,987

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $364,898Expenses 2012: $332,249Net Income 2012: $32,6492012Expenses 2013: $362,7522013Revenue 2014: $464,215Expenses 2014: $448,305Net Income 2014: $15,9102014Revenue 2015: $482,929Expenses 2015: $478,227Net Income 2015: $4,7022015Revenue 2016: $534,190Expenses 2016: $530,217Net Income 2016: $3,9732016Revenue 2017: $453,329Expenses 2017: $473,867Net Income 2017: -$20,5382017Revenue 2018: $542,694Expenses 2018: $507,519Net Income 2018: $35,1752018Revenue 2019: $572,058Expenses 2019: $539,047Net Income 2019: $33,0112019Revenue 2020: $580,271Expenses 2020: $505,618Net Income 2020: $74,6532020Revenue 2021: $409,000Expenses 2021: $351,386Net Income 2021: $57,6142021Revenue 2022: $744,156Expenses 2022: $586,530Net Income 2022: $157,6262022Revenue 2023: $583,991Expenses 2023: $668,553Net Income 2023: -$84,5622023Revenue 2024: $545,471Expenses 2024: $687,920Net Income 2024: -$142,4492024Revenue 2025: $686,620Expenses 2025: $701,163Net Income 2025: -$14,5432025

Highlighted filing

2020

Revenue$580,271
Expenses$505,618
Net Income$74,653
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 28, 2021
Return Version
2019v5.0
Gross Receipts
$582,688
Mission and Program Overview

Mission

The volunteer-based orchestra performs a six to eight concert season for the community at the historic Mount Baker Theatre. In addition, the Youth and Community Engagement Programs hold over 90 in-school performances each season to further fulfill our mission of reaching all ages.

Perform music of all ages to inspire audiences of all ages throughout whatcom county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$325,500$386,305▲ $60,805
Cash and Non-Interest-Bearing Accounts$14,783$46,587▲ $31,804
Accounts Receivable$1,600$28,885▲ $27,285
Land, Buildings, and Equipment, Net$40,113$23,858▼ $16,255
Prepaid Expenses and Deferred Charges$18,724$5,195▼ $13,529
Total Assets$444,146$490,830▲ $46,684
Other Assets Total$43,426--
Liabilities
Unsecured Notes Loans Payable-$32,200-
Deferred Revenue$16,152$18,200▲ $2,048
Accounts Payable and Accrued Expenses$12,568$9,443▼ $3,125
Total Liabilities$28,720$59,843▲ $31,123
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$372,850$430,987▲ $58,137
Net Assets With Donor Restrictions$42,576--
Total Net Assets Fund Balance$415,426$430,987▲ $15,561
Total Liabilities and Net Assets / Fund Balance$444,146$490,830▲ $46,684

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,770$95,359$116,129
Leasehold Improvements$3,088$1,359$4,447
Compensation and Service Providers

Employees

NameTitleBaseTotal
Ryan DudenbostelDirector$2,000$2,000
Kristi KilgoreDirector$575$575
Gena MikkelsenDirector$405$405
Nirvana GuernseyDirector$370$370
Ken BronsteinTreasurer$245$245
Michael NevilleDirector$225$225

Board Members and Trustees

NameTitle
Carol ComeauPresident
Charli DanielsDirector
Debbie AdelsteinDirector
Garland RichmondDirector
Nancy ShengDirector
Paul BondeDirector
Trisha NormanDirector
Valerie McwhorterDirector
Brian HansenPast Preside
Patrick RouletSecretary
Barbara RyanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$385,039
Program Service Revenue
$186,856
Investment Income
$8,390
Other Revenue
$-14
All Other Contributions
$364,338
Change in Net Assets
$74,653
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$278,458
Salaries, Compensation, and Employee Benefits$226,160
Total Fundraising Expense$50,874
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,508$12,907$11,392$143,807
Fees for Services Other$82,446--$82,446
Current Officers, Directors, Trustees, and Key Employees$21,099$17,279$23,039$61,417
Advertising$41,861--$41,861
Office Expenses$9,734$5,787$8,014$23,535
Payroll Taxes$10,046$7,967$2,923$20,936
Occupancy$9,635$2,413$2,392$14,440
Travel$5,176$1,096-$6,272
Insurance$3,153$2,278-$5,431
Depreciation Depletion$5,331--$5,331
Other Expenses$843$3,482$3,114$3,114
Grants to Domestic Individuals$1,000--$1,000
Total Functional Expenses$401,535$53,209$50,874$505,618
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ryan DudenbostelBoard MemberPerformance FeeNo$2,000
Kristi KilgoreBoard MemberPerformance FeeNo$575
Gena MikkelsenBoard MemberPerformance FeeNo$405
Nirvana GuernseyBoard MemberPerformance FeeNo$370
Ken BronsteinBoard MemberPerformance FeeNo$245
Michael NevilleBoard MemberPerformance FeeNo$225
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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, Page 6, Part VI, Line 11B

The form 990 is reviewed by the treasurer, executive director, and finance committee. Once approved, it is recommended to the board of directors for approval.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest policy is reviewed with all new staff and board members upon joining the organization and also annually with existing board and staff.

Form 990, Page 6, Part VI, Line 19

Documents are available for public inspection from the organization's office.

Filing and Contact Details

Filer

Filer Name
Bellingham Symphony Orchestra
EIN
91-1003176
Phone
3607566752
Address
PO BOX 5892, BELLINGHAM, WA 98227

Signing Officer

Name
Gail Ridenour
Title
Executive Director
Phone
3607566752
Signed
2021-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Comeau
Formed
1976
Legal Domicile
Wa
Voting Board Members
17
Independent Board Members
17
Employees
5
Volunteers
100

Preparer

Firm
Thomson & Company Pllc
Address
PO BOX 28190, BELLINGHAM, WA 98228-0190
Preparer
Susan L Thomson
Phone
3607343939
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The volunteer-based orchestra performs a six to eight concert season for the community at the historic mount baker theatre. In addition, the youth and community engagement programs hold over 90 in-school performances each season to further fulfill our mission of reaching all ages.

Form 990, Part IX, Line 11G

Performance fees 72,705 0 0 performance fees 9,741 0 0 total 82,446 0 0

Form 990, Part XI, Line 9

Prior period depreciation adjustment -16,516 remove endowment funds -42,576 total -59,092 net assets reduced for prior year adjustment for depreciation and to remove endowment asset not a custodial asset of the organization

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.29$1.07$4.21$6.87$7.01$0.15
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.60$0.32$4.29$5.45$6.88$1.42
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.89$0.29$5.60$5.84$6.69$0.85
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.92$0.54$6.38$7.44$5.87$1.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.45$0.56$4.89$4.09$3.51$0.58
2020Detailed filing. Detailed filing data is available for this year.$4.91$0.60$4.31$5.80$5.06$0.75
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.44$0.29$4.15$5.72$5.39$0.33
2018Summary only. Only limited summary data is available for this year.$4.17$0.37$3.80$5.43$5.08$0.35
2017Summary only. Only limited summary data is available for this year.$3.64$0.19$3.45$4.53$4.74$0.21
2016Detailed filing. Detailed filing data is available for this year.$3.84$0.18$3.66$5.34$5.30$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.77$0.15$3.62$4.83$4.78$0.05
2014Detailed filing. Detailed filing data is available for this year.$3.68$0.11$3.57$4.64$4.48$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$0.09$3.41$3.63
2012Summary only. Only limited summary data is available for this year.$3.22$0.27$2.95$3.65$3.32$0.33
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $500k-$1M nonprofits