Bloomington Symphony Orchestra Inc in Bloomington, Indiana (IN)

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Bloomington Symphony Orchestra Inc
Employer Identification Number (EIN)237076183
Name of OrganizationBloomington Symphony Orchestra Inc
AddressPO BOX 1823, Bloomington, IN 47402-1823
ActivitiesOther cultural or historical activities, Other school related activities
SubsectionEducational Organization, Charitable Organization
Ruling Date01/1971
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$94,659
Amount of Income$80,983
Form 990 Revenue Amount$56,316
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Symphony Orchestras


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Amount of income in 2014: $80,983
Bloomington Symphony Orchestra Inc: 

 $80,983
Other organizations performing similar types of work: 

 $2,024,386

Assets in 2014: $94,659
Bloomington Symphony Orchestra Inc: 

 $94,659
Other organizations performing similar types of work: 

 $2,049,250

Expenses in 2013: $54,815
Bloomington Symphony Orchestra Inc: 

 $54,815
Other organizations performing similar types of work: 

 $1,732,426

Income to expenses ratio in 2013: 1.5
Bloomington Symphony Orchestra Inc: 

 1.5
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 83.6%
Bloomington Symphony Orchestra Inc: 

 83.6%
Other organizations performing similar types of work: 

 78.2%

Number of employees in 2007: 1
Bloomington Symphony Orchestra Inc: 

 1
Other organizations performing similar types of work: 

 170

Employees paid over $50,000 in 2007: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 33.3%

Grants share in income in 2013: 68.7%
This organization: 

 68.7%
Other organizations performing similar types of work: 

 56.5%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$44,779$49,894$54,968
Contributions, gifts, grants, and similar amounts received$41,972$39,707$37,772
Program service revenue including government fees and contracts$6,984$5,399$7,778
Membership dues and assessments$0$0$0
Investment income$687$524$2,104
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$-4,864$4,264$7,314
Gross income from gaming$0$0$0
Gross income from fundraising events$26,628$27,249$25,970
Less: direct expenses from gaming and fundraising events$31,492$22,985$18,656
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$55,520$52,079$54,815
Total net assets$93,671$91,486$90,537
Excess/Deficit for the year$-10,741$-2,185$153
Net assets or fund balances at beginning of year$104,412$93,671$91,486
Other changes in net assets or fund balances$0$0$-1,102
Net assets or fund balances at end of year$90,537
Balance Sheets
201120122013
Total assets$93,916$91,962$90,579
Total liabilities$245$476$42
Net assets or fund balances$93,671$91,486$90,537
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$314,899
Subtotal$314,899
Gifts, grants, contributions, and membership fees received$119,094
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$195,805
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$340,057
Public support$314,899
Subtotal$4,934
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$4,934
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$20,224
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$70,068$45,827$68,776$202,739$38,815$68,177$46,797$94,138
Contributions, gifts, grants, and similar amounts received$29,763$24,729$35,937$172,794$10,702$21,904$18,194$66,283
Contributions to donor advised funds$0$0
Direct public support$0$0$0$169,769$10,388$21,904$12,114$60,508
Indirect public support$0$0$0$0$0$0$1,735$0
Government contributions (grants)$0$0$0$3,025$314$0$4,345$5,775
Program service revenue including government fees and contracts$31,656$7,843$19,783$26,790$15,057$14,384$10,348$13,375
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$251$231$480$173$1,033
Dividends and interest from securities$0$0$0$4$0$0$161$0
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$5,972$6,645$0$0$0$-328$0
Gross amount from sales of assets other than inventory$0$0$0$0$0$0$14,355$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0$14,683$0
Net income or (loss) from special events and activities$8,228$7,040$5,637$0$6,180$30,057$18,235$13,118
Gross revenue$14,630$13,035$11,702$0$13,480$36,012$22,855$17,632
Less: direct expenses other than fundraising expenses$6,402$5,995$6,065$0$7,300$5,955$4,620$4,514
Gross profit or (loss) from sales of inventory$0$0$0$2,900$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$2,900$15,184$0$0$0
Less: cost of goods sold$0$0$0$0$15,184$0$0$0
Other revenue$212$0$515$0$6,645$1,352$14$329
Total expenses$62,187$52,333$72,125$61,242$46,773$55,854$45,697$39,862
Program services$0$0$0$39,344$11,386$12,474$25,223$33,324
Management and general$0$0$0$14,166$26,346$38,316$20,474$6,538
Fundraising$0$0$0$7,732$9,041$5,064$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$12,148$5,642$2,293$143,790$30,255$43,481$43,236$97,512
Excess or (deficit) for the year$7,881$-6,506$-3,349$141,497$-7,958$12,323$1,100$54,276
Net assets or fund balances at beginning of year$4,267$12,148$5,642$2,293$143,790$30,255$43,481$43,236
Other changes in net assets or fund balances$0$0$0$0$-105,577$903$-1,345$0
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$39,862$33,324$6,538$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$500
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$2,785$2,785$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$311$311$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$3,771$0$3,771$0
Legal fees$0$0$0$0
Supplies$864$0$864$0
Telephone$916$0$916$0
Postage and shipping$42$0$42$0
Occupancy$0$0$0$0
Equipment rental and maintenance$293$190$103$0
Printing and publications$0$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$131$0$131$0
Depreciation, depletion, etc.$1,045$1,045$0$0
Other expenses not covered above$29,204$28,493$711$0
Balance Sheets
20002001200220032004200520062007
Total assets$12,334$6,097$19,293$162,590$55,453$63,962$43,859$98,448
Cash - non-interest-bearing$0$0$0$2,878$9,282$19,530$16,049$1
Savings and temporary cash investments$0$0$0$0$0$0$0$71,540
Accounts receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$145,801$25,801$25,801$26,765$26,907
Prepaid expenses and deferred charges$0$0$0$0$0$0$0$0
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0$4,286$13,705$14,776$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$9,625$6,665$3,855$0$0
Investments - other$0$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$1,045$0
Other assets, including program-related investments$0$0$0$0$0$0$0$0
Total liabilities$186$455$17,000$18,800$25,198$20,481$623$936
Accounts payable and accrued expenses$0$0$0$0$6,405$3,842$623$0
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$14,000$14,000$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$4,800$4,793$16,638$0$0
Other liabilities$0$0$0$0$0$0$0$936
Total liabilities and net assets/fund balances$0$0$0$162,590$55,453$63,962$43,859$98,448
Total net assets or fund balances$12,148$5,642$2,293$143,790$30,255$43,481$43,236$97,512
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$0$0$0$0$0$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$0$0$0$0$0$0$0$0
Total expenses and losses per audited financial statements$0$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings6
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20061
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$0$27,855
Program service revenue
Program service revenue 1000000$000$0$13,375
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$1,033
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$13,118
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$329
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
19992000200120022003200420052006
Total$64,091$76,470$51,822$74,841$202,739$32,170$68,177$66,100
Gifts, grants, and contributions received$25,285$29,763$24,729$35,937$172,794$10,702$21,904$18,194
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$38,452$46,286$26,850$38,130$26,790$15,057$14,384$24,703
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$354$209$243$259$255$231$480$334
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$212$0$515$2,900$6,180$31,409$22,869
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Indiana State Symphony Society Inc32 E Washington St Ste 600, Indianapolis, IN 46204-3513IN1998-09$29,788,551
2Bloomington Symphony Orchestra IncPO BOX 1823, Bloomington, IN 47402-1823IN1971-01$80,983
3San Diego Symphony Orchestra Association1245 7th Ave, San Diego, CA 92101-4302CA1949-08$25,211,778
4Fort Wayne Philharmonic Orchestra Inc4901 Fuller Dr, Fort Wayne, IN 46835-3277IN1951-09$10,195,344
5Santa Rosa Symphony Association50 Santa Rosa Ave Ste 410, Santa Rosa, CA 95404-4951CA1988-11$9,441,142
6The Los Angeles Chamber Orchestra Society Inc350 S Figueroa St Ste 183, Los Angeles, CA 90071-1117CA1969-04$5,467,954
7The Orlando Philharmonic Orchestra IncPO BOX 540203, Orlando, FL 32854-0203FL1991-08$5,237,362
8Vermont Symphony Orchestra Inc2 Church Street, Burlington, VT 05401-4299VT1939-11$3,286,995
9West Virginia Symphony Orchestra IncPO BOX 2292, Charleston, WV 25328-2292WV1963-04$3,010,070
10Evansville Philharmonic OrchestraPO BOX 84, Evansville, IN 47701-0084IN1937-10$2,806,642
11Santa Barbara Symphony Orchestra Association1330 State St Ste 102, Santa Barbara, CA 93101-2680CA1959-10$2,541,459
12Springfield Symphony Orchestra1350 Main St Fl 1, Springfield, MA 01103-1630MA1945-07$2,390,641
13Syracuse Symphony Foundation Inc100 Madison St Ste 1905, Syracuse, NY 13202-2703NY1978-01$2,151,317
14South Dakota Symphony Orchestra301 S Main Ave 4th Fl, Sioux Falls, SD 57104-6311SD1967-06$2,024,386
15South Bend Symphony Orchestra Association Inc127 N Michigan St, South Bend, IN 46601-1603IN1950-11$1,643,240
16Stockton Symphony Association Inc4629 Quail Lakes Dr, Stockton, CA 95207-5258CA1960-07$1,468,334
17Seattle Youth Symphony Orchestra11065 5th Ave Ne Ste A, Seattle, WA 98125-6100WA1965-11$1,418,629
18Northwest Indiana Symphony Society Inc1040 Ridge Rd, Munster, IN 46321-1876IN1944-08$1,148,247
19Indianapolis Chamber Orchestra Inc4603 Clarendon Road Suite 036, Indianapolis, IN 46208-6402IN1985-07$1,143,044
20Columbus Pro Musica Inc315 Franklin St, Columbus, IN 47201-6731IN1971-10$706,060
Number of organizations performing similar types of work
Alaska1
Alabama3
Arkansas1
Arizona2
California23
Colorado3
Connecticut5
Delaware1
Florida11
Georgia2
Hawaii1
Iowa3
Idaho1
Illinois10
Indiana8
Kansas1
Kentucky4
Louisiana1
Massachusetts5
Maryland2
Maine1
Michigan8
Minnesota3
Missouri3
Mississippi1
Montana1
North Carolina5
Nebraska2
New Hampshire1
New Jersey3
New Mexico1
Nevada2
New York23
Ohio7
Oklahoma2
Oregon3
Pennsylvania9
Rhode Island1
South Carolina4
South Dakota1
Tennessee4
Texas12
Virginia3
Vermont3
Washington5
Wisconsin5
West Virginia2
Total203

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