Civic Intelligence

Cascade Symphony Orchestra Inc.

990 • Fiscal year 2021 • EIN 91-2072869

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 24, 2021

PO Box 876Edmonds, WA 98020

(206) 679-7433

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

19th percentile

-7.7%

Higher net margin than 19% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

74th percentile

$64,312

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 54.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

49th percentile

9.0%

Faster asset growth than 49% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

13th percentile

-28%

Faster revenue growth than 13% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$583,096

Up $48,038 (+9.0%) from 2020

Net Assets

Up

$583,096

Up $48,038 (+9.0%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$119,119

Down $45,450 (-28%) from 2020

Expenses

Down

$128,245

Down $61,517 (-32%) from 2020

Net Income

Up

-$9,126

Up $16,067 (+64%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $164,429Liabilities 2012: $02012Assets 2013: $180,349Liabilities 2013: $02013Assets 2014: $209,982Liabilities 2014: $02014Assets 2015: $223,352Liabilities 2015: $02015Assets 2016: $239,006Liabilities 2016: $02016Assets 2017: $326,662Liabilities 2017: $0Net Assets 2017: $326,6622017Assets 2018: $578,413Liabilities 2018: $0Net Assets 2018: $578,4132018Assets 2019: $576,051Liabilities 2019: $0Net Assets 2019: $576,0512019Assets 2020: $535,058Liabilities 2020: $0Net Assets 2020: $535,0582020Assets 2021: $583,096Liabilities 2021: $0Net Assets 2021: $583,0962021Assets 2022: $517,795Liabilities 2022: $0Net Assets 2022: $517,7952022Assets 2023: $539,643Liabilities 2023: $0Net Assets 2023: $539,6432023Assets 2024: $562,810Liabilities 2024: $751Net Assets 2024: $562,0592024Assets 2025: $495,146Liabilities 2025: $1,242Net Assets 2025: $493,9042025

Highlighted filing

2021

Assets$583,096
Liabilities$0
Net Assets$583,096

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $146,579Expenses 2012: $105,343Net Income 2012: $41,2362012Revenue 2013: $128,562Expenses 2013: $112,642Net Income 2013: $15,9202013Revenue 2014: $137,721Expenses 2014: $108,088Net Income 2014: $29,6332014Revenue 2015: $143,581Expenses 2015: $130,212Net Income 2015: $13,3692015Revenue 2016: $153,302Expenses 2016: $137,648Net Income 2016: $15,6542016Revenue 2017: $202,535Expenses 2017: $131,770Net Income 2017: $70,7652017Revenue 2018: $406,190Expenses 2018: $165,209Net Income 2018: $240,9812018Revenue 2019: $175,731Expenses 2019: $183,177Net Income 2019: -$7,4462019Revenue 2020: $164,569Expenses 2020: $189,762Net Income 2020: -$25,1932020Revenue 2021: $119,119Expenses 2021: $128,245Net Income 2021: -$9,1262021Revenue 2022: $134,419Expenses 2022: $155,555Net Income 2022: -$21,1362022Revenue 2023: $173,733Expenses 2023: $169,510Net Income 2023: $4,2232023Revenue 2024: $252,502Expenses 2024: $256,232Net Income 2024: -$3,7302024Revenue 2025: $218,574Expenses 2025: $287,223Net Income 2025: -$68,6492025

Highlighted filing

2021

Revenue$119,119
Expenses$128,245
Net Income-$9,126
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 24, 2021
Return Version
2020v4.0
Gross Receipts
$119,119
Mission and Program Overview

Mission

Cascade Symphony Orchestra exists to nourish its musicians and the community by providing inspiring performances of outstanding music, educatinal outreach to children, opportunities for young musicians to play with the Orchestra, college scholarships for high school musicians and tuition assistance for summer music school.

The Cascade Symphony exists to nourish its musicians and the community by providing inspiring performances of outstanding music, educational outreach to children, opportunities for young musicians to play with the Orchestra, college scholarships, & tuition assistance for summer music school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$501,584$514,347▲ $12,763
Cash and Non-Interest-Bearing Accounts$23,158$61,532▲ $38,374
Savings and Temporary Cash Investments$10,317$6,319▼ $3,998
Prepaid Expenses and Deferred Charges$0$898▲ $898
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$535,059$583,096▲ $48,037
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$535,059$583,096▲ $48,037
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$535,059$583,096▲ $48,037
Total Liabilities and Net Assets / Fund Balance$535,059$583,096▲ $48,037
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rose GearExecutive DirectorFT$64,312$64,312
Michael MiropolskyMusic DirectorPT$33,300$33,300
Heather HoskinsTreasurerPT$1,000$1,000

Board Members and Trustees

NameTitle
Arnie GundersonPresident
Laura HeardVice-President
Norma DermondSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$107,203
Program Service Revenue
$11,910
Investment Income
$6
Other Revenue
$0
All Other Contributions
$70,483
Change in Net Assets
$-9,126
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$103,895
Other Expenses$21,350
Total Fundraising Expense$3,002
Grants and Similar Amounts Paid$3,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,750$58,250$0$60,000
Current Officers, Directors, Trustees, and Key Employees$33,900$0$0$33,900
Office Expenses$4,323$2,754$465$7,542
Other Employee Benefits$0$5,022$0$5,022
Payroll Taxes$0$4,973$0$4,973
Grants to Domestic Individuals$3,000--$3,000
Advertising$2,468$0$0$2,468
Other Expenses$2,102$0$0$2,102
Insurance$272$1,496$0$1,768
Fees for Services Accounting$0$1,200$0$1,200
All Other Expenses$0$799$0$799
Conferences and Meetings$0$182$0$182
Total Functional Expenses$50,545$74,698$3,002$128,245
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members of the organization are the musicians who have been playing in the Cascade Symphony Orchestra for a minimum of one year. There are no stockholders.

Form 990, Part VI, Section A, Line 7A

The governing board members are elected by the members of the organization. An annual election is held each year.

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

The process for reviewing the 990 form begins with approval of the financial statements for the year recently ended. The board is familiar with financial statement review and are able to understand the components and the function and relationship between the income statement and balance sheet. A copy of form 990 is made available during preparation so it can be reviewed prior to the meeting. The board assists with input regarding program service accomplishments and the wording of descriptions of the organization's mission statement. A completed copy of the 990 form is available online and in printed copy.

Form 990, Part VI, Section B, Line 15

The Executive Committee is responsible for researching, finding and providing background information to the Board. A search committee may be established in order to provide potential candidates. Industry-specific compensation and job qualifications are researched and presented to the board. This process was applied in our search for Executive Director in 2019.

Form 990, Part VI, Section C, Line 19

Each Cascade Symphony board member has access to the governing documents and financial statements online and printed copy. the Cascadesymphony.org website has financial statements available to all members and they are also available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Cascade Symphony Orchestra Inc
EIN
91-2072869
Phone
2066797433
Address
PO BOX 876, EDMONDS, WA 98020

Signing Officer

Name
Heather Hoskins
Title
Treasurer
Phone
2066797433
Signed
2021-10-24

Organization Details

Principal Officer
Arnie Gunderson President
Formed
2000
Legal Domicile
Wa
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
90
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IRS990/MissionDesc0Cascade Symphony Orchestra exists to nourish its musicians and the community by providing inspiring performances of outstanding music, educatinal outreach to children, opportunities for young musicians to play with the Orchestra, college scholarships for high school musicians and tuition assistance for summer music school.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
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IRS990/NetAssetsOrFundBalancesEOYAmt0583096
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt057163
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0535059
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0583096
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
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IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt0465
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02754
IRS990/OfficeExpensesGrp/ProgramServicesAmt04323
IRS990/OfficeExpensesGrp/TotalAmt07542
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05022
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05022
IRS990/OtherExpensesGrp/Desc0Sheet Music
IRS990/OtherExpensesGrp/Desc1Donor Acquisition
IRS990/OtherExpensesGrp/Desc2Printing
IRS990/OtherExpensesGrp/Desc3Musicians and Soloists
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt12537
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt222
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
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IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt32102
IRS990/OtherExpensesGrp/TotalAmt02730
IRS990/OtherExpensesGrp/TotalAmt12537
IRS990/OtherExpensesGrp/TotalAmt222
IRS990/OtherExpensesGrp/TotalAmt32102
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt058250
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01750
IRS990/OtherSalariesAndWagesGrp/TotalAmt060000
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IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04973
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt04973
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0898
IRS990/PrincipalOfficerNm0Arnie Gunderson President
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011890
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0Cascade Symphony Orchestra members were able to rehearse in small groups if they so desired. COVID restrictions prevented large group gatherings, and there were no rehearsal or concert venues available. Online concerts featuring the Orchestra musicians provided its members an opportunity to prepare, rehearse and perform together in limited numbers.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Cascade Symphony Orchestra provided educational outreach to youth and support for young musicians during this time of social distancing. The annual Children's Concert was presented online. Three young Rising Star instrumental soloists performed online at the concert, and several well-done teaching videos were presented. According to feedback from parents, this concert was very much enjoyed by the young viewers. In addition, Cascade Symphony provides scholarships to outstanding high school musicians.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt015505
IRS990/ProgSrvcAccomActy3Grp/GrantAmt03000
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
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IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0102738
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt068858
IRS990/PYRevenuesLessExpensesAmt0-25193
IRS990/PYSalariesCompEmpBnftPaidAmt081968
IRS990/PYTotalExpensesAmt0189762
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0164569
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-9126
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt010317
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06319
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.95$0.01$4.94$2.19$2.87$0.69
2024Summary only. Only limited summary data is available for this year.$5.63$0.01$5.62$2.53$2.56$0.04
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.40$0.00$5.40$1.74$1.70$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.18$0.00$5.18$1.34$1.56$0.21
2021Detailed filing. Detailed filing data is available for this year.$5.83$0.00$5.83$1.19$1.28$0.09
2020Summary only. Only limited summary data is available for this year.$5.35$0.00$5.35$1.65$1.90$0.25
2019Summary only. Only limited summary data is available for this year.$5.76$0.00$5.76$1.76$1.83$0.07
2018Summary only. Only limited summary data is available for this year.$5.78$0.00$5.78$4.06$1.65$2.41
2017Summary only. Only limited summary data is available for this year.$3.27$0.00$3.27$2.03$1.32$0.71
2016Summary only. Only limited summary data is available for this year.$2.39$0.00$1.53$1.38$0.16
2015Summary only. Only limited summary data is available for this year.$2.23$0.00$1.44$1.30$0.13
2014Summary only. Only limited summary data is available for this year.$2.10$0.00$1.38$1.08$0.30
2013Summary only. Only limited summary data is available for this year.$1.80$0.00$1.29$1.13$0.16
2012Summary only. Only limited summary data is available for this year.$1.64$0.00$1.47$1.05$0.41