Civic Intelligence

San Francisco Chamber Orchestra Inc.

990 • Fiscal year 2018 • EIN 94-6130967

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 09, 2018

601 Van Ness AveSan Francisco, CA 94159

(415) 463-6710

Siviq Scores

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

Liabilities / Assets

76th percentile

0.25x

Higher debt load relative to assets than 76% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

0.17x

Higher debt load relative to revenue than 73% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

71st percentile

14%

Higher net margin than 71% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

93rd percentile

85%

Faster asset growth than 93% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$373,486

Up $171,145 (+85%) from 2017

Net Assets

Up

$279,317

Up $81,982 (+42%) from 2017

Liabilities

Up

$94,169

Up $89,163 (+1781%) from 2017

Revenue

Up

$566,730

Up $95,899 (+20%) from 2017

Expenses

Up

$484,748

Up $2,476 (+0.5%) from 2017

Net Income

Up

$81,982

Up $93,423 (+817%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $82,744Liabilities 2011: $49,774Net Assets 2011: $32,9702011Assets 2012: $84,356Liabilities 2012: $44,611Net Assets 2012: $39,7452012Assets 2013: $82,322Liabilities 2013: $28,378Net Assets 2013: $53,9442013Assets 2014: $153,583Liabilities 2014: $49,178Net Assets 2014: $104,4052014Assets 2015: $177,630Liabilities 2015: $35,244Net Assets 2015: $142,3862015Assets 2016: $257,078Liabilities 2016: $47,176Net Assets 2016: $209,9022016Assets 2017: $202,341Liabilities 2017: $5,006Net Assets 2017: $197,3352017Assets 2018: $373,486Liabilities 2018: $94,169Net Assets 2018: $279,3172018Assets 2019: $159,841Liabilities 2019: $4,621Net Assets 2019: $155,2202019Assets 2020: $212,006Liabilities 2020: $7,398Net Assets 2020: $204,6082020Assets 2021: $377,120Liabilities 2021: $17,448Net Assets 2021: $359,6722021Assets 2022: $223,754Liabilities 2022: $17,530Net Assets 2022: $206,2242022Assets 2023: $172,950Liabilities 2023: $150Net Assets 2023: $172,8002023Assets 2024: $253,298Liabilities 2024: $0Net Assets 2024: $253,2982024Assets 2025: $59,705Liabilities 2025: $10,822Net Assets 2025: $48,8832025

Highlighted filing

2018

Assets$373,486
Liabilities$94,169
Net Assets$279,317

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $324,734Expenses 2011: $327,914Net Income 2011: -$3,1802011Revenue 2012: $334,626Expenses 2012: $327,851Net Income 2012: $6,7752012Revenue 2013: $403,217Expenses 2013: $389,018Net Income 2013: $14,1992013Revenue 2014: $461,577Expenses 2014: $411,116Net Income 2014: $50,4612014Revenue 2015: $442,474Expenses 2015: $404,493Net Income 2015: $37,9812015Revenue 2016: $522,765Expenses 2016: $455,249Net Income 2016: $67,5162016Revenue 2017: $470,831Expenses 2017: $482,272Net Income 2017: -$11,4412017Revenue 2018: $566,730Expenses 2018: $484,748Net Income 2018: $81,9822018Revenue 2019: $439,152Expenses 2019: $563,249Net Income 2019: -$124,0972019Revenue 2020: $547,808Expenses 2020: $498,420Net Income 2020: $49,3882020Revenue 2021: $532,227Expenses 2021: $377,163Net Income 2021: $155,0642021Revenue 2022: $511,385Expenses 2022: $664,833Net Income 2022: -$153,4482022Revenue 2023: $489,861Expenses 2023: $523,285Net Income 2023: -$33,4242023Revenue 2024: $558,165Expenses 2024: $477,667Net Income 2024: $80,4982024Revenue 2025: $324,886Expenses 2025: $529,301Net Income 2025: -$204,4152025

Highlighted filing

2018

Revenue$566,730
Expenses$484,748
Net Income$81,982
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 9, 2018
Return Version
2017v2.2
Gross Receipts
$632,045
Mission and Program Overview

Mission

The san francisco chamber orchestra is dedicated to giving high quality musical performances free of charge to the general public throughout the sf bay area. The orchestra also has outreach programs for students, children and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$169,558$318,653▲ $149,095
Accounts Receivable$4,750$5,900▲ $1,150
Land, Buildings, and Equipment, Net$1,501$1,126▼ $375
Inventories for Sale or Use$1,000$1,000→ $0
Savings and Temporary Cash Investments-$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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$202,341$373,486▲ $171,145
Other Assets Total$25,532$46,807▲ $21,275
Liabilities
Deferred Revenue-$87,550-
Other Liabilities$1,003$3,494▲ $2,491
Accounts Payable and Accrued Expenses$4,003$3,125▼ $878
Total Liabilities$5,006$94,169▲ $89,163
Net Assets / Fund Balance
Unrestricted Net Assets$197,335$279,317▲ $81,982
Total Net Assets Fund Balance$197,335$279,317▲ $81,982
Total Liabilities and Net Assets / Fund Balance$202,341$373,486▲ $171,145

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,126$750$1,876
Other Assets Org$20,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Hanna Tikkanen MerkPresident
Andres BoteroBoard Member
Josh ElkesBoard Member
Norman BooksteinBoard Member
Reyhaneh EghbaliBoard Member
Vanna ShirBoard Member
Yulia MorseyBoard Member
Alison TwissDirector
Geetha NarayanDirector
Natasha MakhijaniDirector
Renay ConlinExec Director
Benjamin SimonMusic Director
Robin SharpConcert Master
John HoughtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$535,731
Program Service Revenue
$2,500
Investment Income
$222
Other Revenue
$28,277
All Other Contributions
$535,731
Change in Net Assets
$81,982
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$391,682
Salaries, Compensation, and Employee Benefits$93,066
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$306,686$4,260-$310,946
Other Salaries and Wages$86,000--$86,000
Occupancy$20,878$1,019-$21,897
Office Expenses-$16,202-$16,202
Payroll Taxes$7,066--$7,066
All Other Expenses$2,144--$2,144
Other Expenses$2,009$2,683-$2,009
Travel$977--$977
Depreciation Depletion-$375-$375
Total Functional Expenses$460,209$24,539$0$484,748
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$91,361
Fundraising Direct Expenses$65,315
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Fundraiser$91,361$91,361$65,315$26,046
Total Events$91,361$91,361$65,315$26,046
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$3,493
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is presented to board members for review and comment prior to filing the return.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
San Francisco Chamber Orchestra
EIN
94-6130967
Phone
4154636710
Address
601 VAN NESS AVE, SAN FRANCISCO, CA 94159

Signing Officer

Name
John Houghton
Title
Treasurer
Signed
2018-10-09
Discuss with paid preparer
Yes

Organization Details

Formed
1972
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
1

Preparer

Firm
Ledwith Houghton & Co CPAs
Address
643 Bair Island Rd 105, Redwood City, CA 94063
Preparer
John R Houghton CPA
Phone
6503061400
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IRS990/MissionDesc0THE SAN FRANCISCO CHAMBER ORCHESTRA IS DEDICATED TO GIVING HIGH QUALITY MUSICAL PERFORMANCES FREE OF CHARGE TO THE GENERAL PUBLIC THROUGHOUT THE SF BAY AREA. THE ORCHESTRA ALSO HAS OUTREACH PROGRAMS FOR STUDENTS, CHILDREN AND THEIR FAMILIES.
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0750
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01876
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt120000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MUSIC LIBRARY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03493
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.11$0.49$3.25$5.29$2.04
2024Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$5.58$4.78$0.80
2023Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$4.90$5.23$0.33
2022Detailed filing. Detailed filing data is available for this year.$2.24$0.18$2.06$5.11$6.65$1.53
2021Detailed filing. Detailed filing data is available for this year.$3.77$0.17$3.60$5.32$3.77$1.55
2020Detailed filing. Detailed filing data is available for this year.$2.12$0.07$2.05$5.48$4.98$0.49
2019Detailed filing. Detailed filing data is available for this year.$1.60$0.05$1.55$4.39$5.63$1.24
2018Detailed filing. Detailed filing data is available for this year.$3.73$0.94$2.79$5.67$4.85$0.82
2017Detailed filing. Detailed filing data is available for this year.$2.02$0.05$1.97$4.71$4.82$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.57$0.47$2.10$5.23$4.55$0.68
2015Detailed filing. Detailed filing data is available for this year.$1.78$0.35$1.42$4.42$4.04$0.38
2014Summary only. Only limited summary data is available for this year.$1.54$0.49$1.04$4.62$4.11$0.50
2013Summary only. Only limited summary data is available for this year.$0.82$0.28$0.54$4.03$3.89$0.14
2012Summary only. Only limited summary data is available for this year.$0.84$0.45$0.40$3.35$3.28$0.07
2011Summary only. Only limited summary data is available for this year.$0.83$0.50$0.33$3.25$3.28$0.03