The Loudoun Symphony Association Inc in Leesburg, Virginia (VA)

The Loudoun Symphony Association Inc
Employer Identification Number (EIN)	541575633
Name of Organization	The Loudoun Symphony Association Inc
Address	PO BOX 4478, Leesburg, VA 20177-8552
Activities	Cultural performances
Subsection	Charitable Organization, Educational Organization
Ruling Date	05/1992
Deductibility	Contributions are deductible
Foundation	Organization 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
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	06/2014
Assets	$10,000 to $24,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$11,254
Amount of Income	$143,100
Form 990 Revenue Amount	$134,553
National Taxonomy of Exempt Entities (NTEE)	Arts, Culture and Humanities: Performing Arts Organizations

Non-representatives - add comments:

Amount of income in 2014: $143,100 (it was $126,709 in 2013)

This organization:	$143,100
Other organizations performing similar types of work:	$45,328

Assets in 2014: $11,254 (it was $6,244 in 2013)

The Loudoun Symphony Association Inc:	$11,254
Other organizations performing similar types of work:	$22,531

Expenses in 2014: $124,199

This organization:	$124,199
Other organizations performing similar types of work:	$43,698

Income to expenses ratio in 2014: 1.2

The Loudoun Symphony Association Inc:	1.2
Other organizations performing similar types of work:	1.2

Grants share in income in 2014: 59.5%

This organization:	59.5%
Other organizations performing similar types of work:	7.3%

Financial snapshot ($)

Revenue for 2014

Support schedule

	2011	2012	2013	2014
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$142,428	$113,105	$126,709	$134,553
Contributions, gifts, grants, and similar amounts received	$69,234	$61,564	$75,066	$79,996
Program service revenue including government fees and contracts	$50,151	$40,154	$41,833	$40,040
Membership dues and assessments	$0	$0	$0	$0
Investment income	$3	$15	$56	$3
Gain/Loss from sale of assets other than inventory	$0	$0	$0	$0
Net income/loss from gaming and fundraising events	$23,040	$9,772	$8,079	$10,839
Gross income from gaming	$0	$0	$0	$0
Gross income from fundraising events	$33,555	$18,354	$17,598	$19,386
Less: direct expenses from gaming and fundraising events	$10,515	$8,582	$9,519	$8,547
Gross profit/loss from sales of inventory	$0	$0	$0	$0
Other revenue	$0	$1,600	$1,675	$3,675
Total expenses	$143,326	$114,397	$133,230	$124,199
Total net assets	$1,169	$-123	$-6,644	$3,710
Excess/Deficit for the year	$-898	$-1,292	$-6,521	$10,354
Net assets or fund balances at beginning of year	$2,067	$1,169	$-123	$-6,644
Other changes in net assets or fund balances	$0	$0	$0	$0
Net assets or fund balances at end of year		$-123	$-6,644	$3,710

	2011	2012	2013	2014
Balance Sheets
Total assets	$9,269	$4,558	$6,244	$11,254
Total liabilities	$8,100	$4,681	$12,888	$7,544
Net assets or fund balances	$1,169	$-123	$-6,644	$3,710

	2011	2012	2013	2014
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No	No	No
Were any significant changes made to the organizing or governing documents?		No	No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No	No	No	No
Has the organization filed a Form 990-T for the year?		No	No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No	No	No
Amount of political expenditures, direct or indirect		$0	$0	$0
Did the organization file Form 1120-POL for this year?		No	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	Yes
Total amount involved		$0	$0	$3,600
Initiation fees and capital contributions	$0	$0	$0	$0
Gross receipts for public use of club facilities	$0	$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	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?		No	No	No

Reason for Public Charity Status (for 2014)
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 supported	0
Sum of amounts of support	$0

	2010 - 2014 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014)
Public support	$591,582
Subtotal	$591,582
Gifts, grants, contributions, and membership fees received	$386,016
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	$205,566
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	$666,529
Public support	$591,582
Subtotal	$81
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$81
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	$64,166
Other income	$10,700

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend The Loudoun Symphony Association Inc to others? (optional)

Yes

Add photo of The Loudoun Symphony Association Inc (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (18.118.0.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
International Association Of Space Entrepreneurs in Leesburg, VA
Young Presidents Organization Inc, Ypo Northern Virginia Chapter Inc in Newport News, VA
Mountain Tails Animal Rescue in Dublin, VA
The Mcclinton Foundation in Covington, VA
Cooper Trash Parkout Inc in Mclean, VA
Virginia Beach Policemens Benevolent Association Inc in Virginia Bch, VA
Charlotte County Farm Bureau in Charlotte C H, VA
Carol W Pruner Charitable Remainder Unitrust, Pruner Todd W & Carol W Pruner Ttee in Roanoke, VA
Kempsville Volunteer Rescue Squad in Virginia Bch, VA
Dulles South Food Pantry in Dulles, VA

Recently Added Reviews

International Association Of Space Entrepreneurs in Leesburg, VA

Young Presidents Organization Inc, Ypo Northern Virginia Chapter Inc in Newport News, VA

Mountain Tails Animal Rescue in Dublin, VA

The Mcclinton Foundation in Covington, VA

Cooper Trash Parkout Inc in Mclean, VA

Virginia Beach Policemens Benevolent Association Inc in Virginia Bch, VA

Charlotte County Farm Bureau in Charlotte C H, VA

Carol W Pruner Charitable Remainder Unitrust, Pruner Todd W & Carol W Pruner Ttee in Roanoke, VA

Kempsville Volunteer Rescue Squad in Virginia Bch, VA

Dulles South Food Pantry in Dulles, VA

Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	The Loudoun Symphony Association Inc	PO BOX 4478, Leesburg, VA 20177-8552	VA	1992-05	$143,100
2	Kansas City Blues Society Inc	Po Box 32396, Kansas City, MO 64171	MO	1995-07	$45,328
3	Soul And Duende	6014 N Broadway St # 2r, Chicago, IL 60660-2517	IL	1997-04	$34,500
4	Savoca & Hibbitt Resident Artists Foundation Inc	46 Front Street, Binghamton, NY 13905-4781	NY	1996-12	$18,453
5	Quad City Wind Ensemble	923 Arlington Ct, Davenport, IA 52803	IA	1996-09	$0
6	The Chicago Compatriots Of The Caribbean Inc	3950 N Lake Shore Dr Apt 2017c, Chicago, IL 60613-5102	IL	1996-01	$0
7	The National Doris Humphrey Society C/O Stephanie Clemens-Exec Dir, The National Doris Humphrey Society	605 Lake Street, Oak Park, IL 60302	IL	1997-04	$0

Number of organizations performing similar types of work

Iowa	1
Illinois	3
Missouri	1

New York	1
Virginia	1

Total

NonProfitFacts.com is not associated with, endorsed by, or sponsored by The Loudoun Symphony Association Inc and has no official or unofficial affiliation with The Loudoun Symphony Association Inc