Lynchburg Symphony Orchestra Inc in Lynchburg, Virginia (VA)
Table of contents:
Lynchburg Symphony Orchestra Inc | |
Employer Identification Number (EIN) | 521304854 |
Name of Organization | Lynchburg Symphony Orchestra Inc |
Address | 621 Court St, Lynchburg, VA 24504-1311 |
Activities | Cultural performances |
Subsection | Charitable Organization |
Ruling Date | 09/1983 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 05/2014 |
Assets | $25,000 to $99,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $85,269 |
Amount of Income | $80,663 |
Form 990 Revenue Amount | $80,663 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Symphony Orchestras |
Non-representatives - add comments:
Amount of income in 2014: $80,663 (it was $111,728 in 2013)
This organization: | $80,663 |
Other organizations performing similar types of work: | $68,125 |
Assets in 2014: $85,269 (it was $92,778 in 2013)
Lynchburg Symphony Orchestra Inc: | $85,269 |
Other organizations performing similar types of work: | $23,902 |
Expenses in 2014: $89,486
This organization: | $89,486 |
Other organizations performing similar types of work: | $63,787 |
Income to expenses ratio in 2014: 0.9
Lynchburg Symphony Orchestra Inc: | 0.9 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 100.0%
This organization: | 100.0% |
Other organizations performing similar types of work: | 50.3% |
Revenue for 2014
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2012 | 2013 | 2014 | |
---|---|---|---|
Total revenue | $105,930 | $111,728 | $80,663 |
Contributions, gifts, grants, and similar amounts received | $76,022 | $111,721 | $80,658 |
Program service revenue including government fees and contracts | $26,589 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $1,481 | $7 | $5 |
Gain/Loss from sale of assets other than inventory | $1,838 | $0 | $0 |
Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $0 | $0 | $0 |
Total expenses | $118,770 | $109,343 | $89,486 |
Total net assets | $89,929 | $92,576 | $83,753 |
Excess/Deficit for the year | $-12,840 | $2,385 | $-8,823 |
Net assets or fund balances at beginning of year | $107,845 | $87,904 | $92,576 |
Other changes in net assets or fund balances | $-5,076 | $2,287 | $0 |
Net assets or fund balances at end of year | $92,576 | $83,753 |
Balance Sheets | |||
2012 | 2013 | 2014 | |
---|---|---|---|
Total assets | $90,997 | $92,778 | $85,269 |
Total liabilities | $1,068 | $202 | $1,516 |
Net assets or fund balances | $89,929 | $92,576 | $83,753 |
Other Information | |||
2012 | 2013 | 2014 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
Were any significant changes made to the organizing or governing documents? | No | No | |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
Has the organization filed a Form 990-T for the year? | No | No | |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
Amount of political expenditures, direct or indirect | $0 | $0 | |
Did the organization file Form 1120-POL for this year? | No | 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 | No | |
Total amount involved | $0 | $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 | No | |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
Reason for Public Charity Status (for 2014) | |
The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014) | |
2010 - 2014 Total | |
---|---|
Public Support | $449,334 |
Subtotal Support | $449,334 |
Gifts, grants, contributions, and membership fees received | $449,334 |
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 |
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
Total Support | $461,613 |
Public Support | $449,334 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $12,279 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income. Do not include gain or loss from the sale of capital assets | $0 |
Gross receipts from related activities, etc. | $5 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Youth Orchestra Of The Americas Incorporated | 1001 19th St N Fl 16, Arlington, VA 22209-1726 | VA | 2001-09 | $1,403,269 |
2 | Capitol Symphonic Orchestras -A Non-Profit Organization | 3240 Fox Mill Road, Oakton, VA 22124 | VA | 2012-06 | $123,393 |
3 | Manassas Symphony Orchestra Inc | 9086 Center St, Manassas, VA 20110-5408 | VA | 2011-07 | $70,307 |
4 | Lynchburg Symphony Youth Orchestra Inc | 621 Court Street, Lynchburg, VA 24504 | VA | 2007-12 | $43,829 |
5 | Rappahannock Youth Orchestra Inc, Rappahannock Youth Symphony | PO BOX 41252, Fredericksbrg, VA 22404-1252 | VA | 1999-03 | $43,268 |
6 | Richmond Concert Pops Inc | 3811 Cottrell Rd, Richmond, VA 23234-2935 | VA | 1997-01 | $40,356 |
7 | Virginia Grand Military Band Incorporated | 6322 Karmich St, Fairfax Sta, VA 22039-1621 | VA | 1998-06 | $30,420 |
8 | The Mclean Symphony | 1350 Beverly Road / Suite 115-172, Mclean, VA 22101-3917 | VA | 2013-12 | $22,817 |
9 | Virginia Youth Symphony Orchestra | 430 High St, Portsmouth, VA 23704-3650 | VA | 2010-10 | $20,400 |
10 | Washington Sinfonietta | 115 E Fairfax St, Falls Church, VA 22046 | VA | 2007-09 | $7,225 |
11 | Ars Nova Chamber Orchestra Inc | 1416 Dogwood Dr, Alexandria, VA 22302-2723 | VA | 2014-11 | $0 |
12 | Bedford Community Orchestra | 1900 Statler Road, Montvale, VA 24122 | VA | 1999-01 | $0 |
13 | Blue Ridge Chamber Orchestra Inc | 1685 Union Mills Rd, Troy, VA 22974 | VA | 2012-09 | $0 |
14 | Courthouse Community Orchestra Inc | 6972 New Upton Farms Ln, Gloucester, VA 23061-2602 | VA | 2015-02 | $0 |
15 | Fredericksburg Symphony Orchestra | Po Box 675, Fredericksburg, VA 22407 | VA | 2007-08 | $0 |
16 | Friends Of The Academy Of St Martin In The Fields | 240 South Reynolds Street Suite 203, Alexandria, VA 22304 | VA | 1998-11 | $0 |
17 | Heart Of Appalachia Community Orchestra Inc | Po Box 880, Lebanon, VA 24266 | VA | 2010-11 | $0 |
18 | Ibis A Chamber Music Society Inc | 2916 2nd Rd N, Arlington, VA 22201 | VA | 2009-01 | $0 |
19 | Indian River High School Orchestra Association, I R S H Orchestra | 1969 Braves Trl Ste D-17, Chesapeake, VA 23325-4923 | VA | 2002-06 | $0 |
20 | Kids In Music Inc | 4528 Peacock Avenue, Alexandria, VA 22304-2229 | VA | 2000-01 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 1,025 |
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