PLATINUM2023

SANTA ROSA SYMPHONY ASSOCIATION

aka SRS   |   Santa Rosa, CA   |  www.srsymphony.org
GuideStar Charity Check

SANTA ROSA SYMPHONY ASSOCIATION

EIN: 94-6134075


Mission

The Santa Rosa Symphony inspires and engages the residents of our region with the finest musical performances and educational programs through its core values of organizational strength, innovative programming, fiscal responsibility, and community service.

Ruling year info

1988

President & CEO

Alan Silow

Main address

50 Santa Rosa Ave Ste 410

Santa Rosa, CA 95404 USA

Show more contact info

EIN

94-6134075

Subject area info

Arts education

Performing arts

Music

Orchestral music

Population served info

Children and youth

Adults

NTEE code info

Symphony Orchestras (A69)

Music (A68)

Performing Arts (A60)

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Subscription Symphony Series

Santa Rosa Symphony currently performs at least seven concert programs every year led by Music Director and Conductor Francesco Lecce-Chong, each program being presented three times with an additional open rehearsal, for a total of 28 public performances. The programs include premieres and world premieres of works commissioned through the First Symphony Project, as well as pre-concert talks.

Population(s) Served

Each year Santa Rosa Symphony commissions multiple new symphonic works by emerging composers and performs their premiere concerts to help strengthen careers in orchestral composition and contribute to the expansion of the repertoire worldwide. Each commission is accompanied by ancillary educational activities, such as masterclasses for Sonoma State University music majors, music appreciation lectures for the general public, and special activities for children, youth and families through the Institute for Music Education.

Population(s) Served

Santa Rosa Symphony currently performs at least four non-classical orchestral concerts every year led by Pops Conductor Michael Berkowitz, presenting music of different styles and genres, including rock, pop, film scores and holiday music.

Population(s) Served

Santa Rosa Symphony currently makes six concerts available every year for online streaming thus reaching a global audience.

Population(s) Served

Santa Rosa Symphony's education programs are presented under the umbrella of the Institute for Music Education, offering year-long music instruction for children and youth, a robust scholarship and financial aid program for underserved students, performances for families, and other presentations aiming to foster music appreciation in all ages. Below is the list of programs:

Simply Strings: After-School Social Action through Music
Music for Our Schools (including the acclaimed Free Concerts for Youth "FCFY" - IGNITE!)
Training Young Musicians (including an international music exchange tour for advanced students)
Family Concerts
Pre-Concert Talks
Discovery Series (open rehearsals)
Instrumental masterclasses

Population(s) Served

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total number of performances

This metric is no longer tracked.
Totals By Year
Related Program

Subscription Symphony Series

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

There are 21 concerts in a regular season. In 2020-21, concerts were presented online due to the pandemic. In 2021-22, one previously postponed program was added to the regular season.

Goals & Strategy

SOURCE: Self-reported by organization

Financials

SANTA ROSA SYMPHONY ASSOCIATION
Fiscal year: Jul 01 - Jun 30
Financial documents
2021 Financial Statements & Independent Auditor's Report
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

11.85

Average of 11.19 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

11.7

Average of 10.3 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

15%

Average of 17% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

SANTA ROSA SYMPHONY ASSOCIATION

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

SANTA ROSA SYMPHONY ASSOCIATION

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

SANTA ROSA SYMPHONY ASSOCIATION

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of SANTA ROSA SYMPHONY ASSOCIATION’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $480,659 $822,864 -$143,338 $3,797,159 -$523,858
As % of expenses 11.1% 20.4% -3.8% 124.8% -10.8%
Unrestricted surplus (deficit) after depreciation $460,953 $813,134 -$154,275 $3,771,857 -$534,077
As % of expenses 10.6% 20.1% -4.1% 123.0% -11.0%
Revenue composition info
Total revenue (unrestricted & restricted) $4,615,550 $4,729,805 $4,405,912 $3,928,278 $6,302,463
Total revenue, % change over prior year 16.9% 2.5% -6.8% -10.8% 60.4%
Program services revenue 45.8% 39.0% 35.5% 24.1% 30.5%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 4.9% 5.2% 7.8% 6.5% 5.2%
Government grants 1.3% 3.7% 2.4% 14.0% 20.7%
All other grants and contributions 47.9% 51.4% 58.8% 47.2% 43.0%
Other revenue 0.1% 0.7% -4.5% 8.2% 0.5%
Expense composition info
Total expenses before depreciation $4,333,757 $4,039,899 $3,743,065 $3,042,146 $4,830,392
Total expenses, % change over prior year 14.0% -6.8% -7.3% -18.7% 58.8%
Personnel 65.3% 72.6% 74.2% 77.1% 70.0%
Professional fees 9.0% 1.1% 1.4% 1.5% 6.7%
Occupancy 5.6% 6.7% 5.9% 5.9% 5.7%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 20.1% 19.7% 18.6% 15.5% 17.6%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $4,353,463 $4,049,629 $3,754,002 $3,067,448 $4,840,611
One month of savings $361,146 $336,658 $311,922 $253,512 $402,533
Debt principal payment $0 $0 $0 $13,908 $466,259
Fixed asset additions $0 $17,872 $0 $27,199 $0
Total full costs (estimated) $4,714,609 $4,404,159 $4,065,924 $3,362,067 $5,709,403

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 6.3 7.9 15.0 14.3 11.7
Months of cash and investments 45.4 50.7 56.5 84.8 52.3
Months of estimated liquid unrestricted net assets 23.0 27.0 28.7 50.2 30.3
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $2,260,507 $2,645,195 $4,668,457 $3,622,862 $4,702,428
Investments $14,150,922 $14,434,996 $12,940,001 $17,875,572 $16,340,646
Receivables $962,639 $1,214,742 $1,070,706 $829,236 $939,453
Gross land, buildings, equipment (LBE) $332,931 $325,934 $286,556 $313,756 $311,738
Accumulated depreciation (as a % of LBE) 95.0% 92.4% 94.6% 94.5% 96.6%
Liabilities (as a % of assets) 5.8% 5.8% 7.9% 3.6% 4.8%
Unrestricted net assets $8,310,881 $9,124,015 $8,969,740 $12,741,597 $12,207,520
Temporarily restricted net assets $3,430,258 $3,470,259 N/A N/A N/A
Permanently restricted net assets $5,828,695 $5,845,495 N/A N/A N/A
Total restricted net assets $9,258,953 $9,315,754 $9,624,374 $9,863,262 $9,678,905
Total net assets $17,569,834 $18,439,769 $18,594,114 $22,604,859 $21,886,425

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President & CEO

Alan Silow

Alan Silow has been President and CEO of the Santa Rosa Symphony since July of 2002. During his tenure, the Symphony has returned to a fiscally sound basis that has produced annual surpluses in both operations and an endowment that has grown over 500%. Silow played a leading role in the public/private partnership with Sonoma State University to build a new world-class symphony hall, the Green Music Center, which opened in fall 2012. The Santa Rosa Symphony is now the largest California regional symphony orchestra north of Los Angeles and the resident orchestra at the Green Music Center. Silow’s accomplishments were recognized with a nonprofit leadership award for innovation, community engagement and growth by North Bay Business Journal in October 2012. Alan Silow's prior positions include Executive Director of ProMusica Chamber Orchestra in Columbus, Ohio, Director of Marketing & Public Relations for the Santa Fe Chamber Music Festival.

Number of employees

Source: IRS Form 990

SANTA ROSA SYMPHONY ASSOCIATION

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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There are no highest paid employees recorded for this organization.

SANTA ROSA SYMPHONY ASSOCIATION

Board of directors
as of 06/07/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Corinne Byrd

Jamei Haswell

Jim Hinton

Cory Antipa

Keven Brown

Sean Pryden

Marty Behr

Judy Chen

Frenando Bizon

Susan Dzieza

Mark Jacobson

Valerie Marshall

Nancy Novak

Barry Silberg

David Stare

Hallie Beacham

Liz Bippart

Shari DeMaris

Nancy Doyle

Betty Ferris

Keith Hilen

Sara Kozel

P. Kirk McAfee

John Reed

Irene Sohm

Alex Volonts

Sharon Beckman

Pam Chanter

Mark Dierkhising

Jack Dupre

Judith Gappa

John How

Betha MacClain

Ann Marie McGee

Jacques Schlumberger

Barbara Spangler

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.