Civic Intelligence

Bakersfield Symphony Orchestra Inc

EIN 95-6001765 • 501(c)3 • Bakersfield, CA

Profile

The mission of the Bakersfield Symphony is to unify and celebrate our diverse community through shared musical experiences and to provide students across Kern County, but especially those in rural and disadvantaged areas, every opportunity for quality musical, artistic, and educational experiences.

PO Box 751Bakersfield, CA 93302

www.bsonow.org

Siviq Scores

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

Liabilities / Assets

69th percentile

0.23x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

57th percentile

0.12x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

61st percentile

11%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

91st percentile

56%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

70th percentile

21%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$485,460

Down $137,790 (-22%) from 2023

Liabilities

Down

$106,256

Down $34,716 (-25%) from 2023

Net Assets

Down

$379,204

Down $103,074 (-21%) from 2023

Operations
Liabilities / Revenue57th percentileNet Margin61st percentile

Revenue

Down

$897,558

Down $257,234 (-22%) from 2023

Expenses

Down

$1,015,531

Down $17,070 (-1.7%) from 2023

Net Income

Down

-$117,973

Down $240,164 (-197%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

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

$800K$600K$400K$200K$0Assets 2012: $290,880Liabilities 2012: $145,409Net Assets 2012: $145,4712012Assets 2013: $318,378Liabilities 2013: $120,225Net Assets 2013: $198,1532013Assets 2014: $287,135Liabilities 2014: $104,490Net Assets 2014: $182,6452014Assets 2015: $327,225Liabilities 2015: $145,643Net Assets 2015: $181,5822015Assets 2016: $304,307Liabilities 2016: $116,281Net Assets 2016: $188,0262016Assets 2017: $340,446Liabilities 2017: $108,975Net Assets 2017: $231,4712017Assets 2018: $376,751Liabilities 2018: $110,959Net Assets 2018: $265,7922018Assets 2019: $327,195Liabilities 2019: $80,220Net Assets 2019: $246,9752019Assets 2020: $279,831Liabilities 2020: $145,804Net Assets 2020: $134,0272020Assets 2021: $554,779Liabilities 2021: $322,696Net Assets 2021: $232,0832021Assets 2022: $400,620Liabilities 2022: $66,050Net Assets 2022: $334,5702022Assets 2023: $623,250Liabilities 2023: $140,972Net Assets 2023: $482,2782023Assets 2024: $485,460Liabilities 2024: $106,256Net Assets 2024: $379,2042024

Highlighted filing

2024

Assets$485,460
Liabilities$106,256
Net Assets$379,204
Open 2024 Filing

Operations Trend

Revenue Growth70th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $948,162Expenses 2012: $895,205Net Income 2012: $52,9572012Revenue 2013: $1,014,100Expenses 2013: $961,418Net Income 2013: $52,6822013Revenue 2014: $787,941Expenses 2014: $819,287Net Income 2014: -$31,3462014Revenue 2015: $904,491Expenses 2015: $905,554Net Income 2015: -$1,0632015Revenue 2016: $957,525Expenses 2016: $951,081Net Income 2016: $6,4442016Revenue 2017: $938,114Expenses 2017: $894,669Net Income 2017: $43,4452017Revenue 2018: $924,814Expenses 2018: $907,197Net Income 2018: $17,6172018Revenue 2019: $805,015Expenses 2019: $840,536Net Income 2019: -$35,5212019Revenue 2020: $648,771Expenses 2020: $807,268Net Income 2020: -$158,4972020Revenue 2021: $702,205Expenses 2021: $640,012Net Income 2021: $62,1932021Revenue 2022: $952,245Expenses 2022: $858,210Net Income 2022: $94,0352022Revenue 2023: $1,154,792Expenses 2023: $1,032,601Net Income 2023: $122,1912023Revenue 2024: $897,558Expenses 2024: $1,015,531Net Income 2024: -$117,9732024

Highlighted filing

2024

Revenue$897,558
Expenses$1,015,531
Net Income-$117,973
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$485,460
Liabilities
$106,256
Net assets
$379,204
Revenue
$897,558
Expenses
$1,015,531
Net income
-$117,973
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.49$0.11$0.38$0.90$1.02$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.62$0.14$0.48$1.15$1.03$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.40$0.07$0.33$0.95$0.86$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.55$0.32$0.23$0.70$0.64$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.28$0.15$0.13$0.65$0.81$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.33$0.08$0.25$0.81$0.84$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.38$0.11$0.27$0.92$0.91$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.34$0.11$0.23$0.94$0.89$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.12$0.19$0.96$0.95$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.15$0.18$0.90$0.91$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.10$0.18$0.79$0.82$0.03
2013Summary only. Only limited summary data is available for this year.$0.32$0.12$0.20$1.01$0.96$0.05
2012Summary only. Only limited summary data is available for this year.$0.29$0.15$0.15$0.95$0.90$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 19, 2025
Return Version
2023v6.0
Gross Receipts
$1,103,297
Mission and Program Overview

Mission

The mission of the Bakersfield Symphony is to unify and celebrate our diverse community through shared musical experiences and to provide students across Kern County, but especially those in rural and disadvantaged areas, every opportunity for quality musical, artistic, and educational experiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$316,922$453,487▲ $136,565
Investments in Publicly Traded Securities$200,969$0▼ $200,969
Cash and Non-Interest-Bearing Accounts$96,254$27,210▼ $69,044
Prepaid Expenses and Deferred Charges$4,181$2,793▼ $1,388
Land, Buildings, and Equipment, Net$2,792$1,210▼ $1,582
Accounts Receivable$720$760▲ $40
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$623,250$485,460▼ $137,790
Other Assets Total$1,412$0▼ $1,412
Liabilities
Deferred Revenue$116,082$80,181▼ $35,901
Accounts Payable and Accrued Expenses$24,890$26,075▲ $1,185
Total Liabilities$140,972$106,256▼ $34,716
Net Assets / Fund Balance
Net Assets With Donor Restrictions$462,278$359,204▼ $103,074
Net Assets Without Donor Restrictions$20,000$20,000→ $0
Total Net Assets Fund Balance$482,278$379,204▼ $103,074
Total Liabilities and Net Assets / Fund Balance$623,250$485,460▼ $137,790

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,210$96,853$98,063
Equipment-$37,263$37,263
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Holly ArnoldExecutive DirectorFT$105,628$105,628
Stilian KirovMusic DirectorFT$83,745$83,745

Board Members and Trustees

NameTitle
Beth PandolChair
Alan DoudPast Chair
Tasha ClaytonVice Chair
Alan AveryDirector
Bradford Anderson MDDirector
Cory WilliamsDirector
Doug Pierce CPADirector
Ira CohenDirector
Jason CaterDirector
Jennifer SelfDirector
Justin SaltersDirector
Kamal BhaktaDirector
Keith WolaridgeDirector
Ken BeurmannDirector
Mary CervantesDirector
Melissa Fortune CPADirector
Mona PankeyDirector
Rick StevensDirector
Russel HugeDirector
Stephen SandersDirector
Terri ChurchDirector
Xavier CanezDirector
Jim BellEndowment Rep
Shannon LowtherExecutive Advis
Helen CrosbyOrchestra Pres.
Nicole Giumarra MS RDSecretary
Patrick Paggi CPATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$634,123
Program Service Revenue
$243,068
Investment Income
$20,367
Other Revenue
$0
All Other Contributions
$547,360
Change in Net Assets
$-117,973

Audited Revenue Reconciliation

Revenue per Audited Statements
$896,474
Revenue Not Reported on Financial Statements
$1,084
Revenue Not Reported on Form 990
$56,286
Total Revenue per Audited Statements
$952,760
Total Revenue per Form 990
$897,558
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$733,611
Other Expenses$281,920
Total Fundraising Expense$65,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$307,829$135,791$17,967$461,587
Current Officers, Directors, Trustees, and Key Employees$83,745$58,095$47,533$189,373
Occupancy$61,335$40,081-$101,416
Payroll Taxes$35,658$21,563-$57,221
Advertising$29,744--$29,744
Other Employee Benefits$9,229$16,201-$25,430
Fees for Services Accounting-$21,800-$21,800
Insurance$4,030$8,612-$12,642
Information Technology-$10,912-$10,912
Fees for Services Other$5,930$2,833-$8,763
Travel$8,579--$8,579
All Other Expenses-$5,189-$5,189
Office Expenses-$3,853-$3,853
Other Expenses$15,500$2,652-$2,652
Depreciation Depletion-$1,582-$1,582
Fees for Service Investment Mgmnt Fees-$1,084-$1,084
Total Functional Expenses$614,596$335,435$65,500$1,015,531

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,035,467
Total Expenses per Form 990$1,015,531
Expenses per Audited Statements$1,014,447
Expenses Not Reported on Form 990$21,020
Expenses Not Reported on Financial Statements$1,084
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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 Executive Director reviews and submits to the Finance Committee for approval prior to filing.”

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

“A written conflict of interest policy is signed by all officers and board members on an annual basis.”

Form 990, Part VI, Section B, Line 15A

“The compensation is reviewed by the organization's executive committee. Compensation is performance based with comparatives of other similiar symphony orchestras.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Bakersfield Symphony Orchestra Inc
EIN
95-6001765
Phone
6613237928
Address
PO Box 751, Bakersfield, CA 93302

Signing Officer

Name
Holly Arnold
Title
Executive Director
Signed
2025-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Holly Arnold
Formed
1946
Legal Domicile
CA
Voting Board Members
27
Independent Board Members
27
Employees
186

Preparer

Firm
Brown Armstrong Accountancy Corp
Address
4200 TRUXTUN AVE STE 300, BAKERSFIELD, CA 93309
Preparer
Charlie McCarthy
Phone
6613244971
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Symphony is classified as a Section 501(c)(3) Organization under the Federal Internal Revenue Code and Section 13.2210(e) of the State Revenue and Taxation Code. As a result, it has been determined to be exempt from federal income and state franchise taxes. The Symphony believes it has no unrelated business activities that could cause an uncertain tax position. The Symphonys Form 990, Return of Organization Exempt from Income Tax, and California Form 199, California Exempt Organization Information Return, for the years ending June 30, 2021, 2022, 2023, and 2024, are subject to examination by the Internal Revenue Service and the California Franchise Tax Board, generally for four years after they were filed.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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