Program areas at Dallas Symphony Foundation
The purpose of the Dallas Symphony Foundation is to manage and invest an endowment fund for the benefit of the Dallas Symphony Association (75-0705442), and to make annual distributions to the Dallas Symphony Association from this endowment fund. During the fiscal year ending May 31, 2022, the Foundation distributed $9,657,866 to the Association as the annual distribution. . The Foundation Board approved special distributions totaling $6,000,000 to provide additional financial support to the Association during the COVID-19. On May 13,2021, the Foundation Board resolved that the special distributions were to be made, and to be used by the DSA for its support and operation as follows: $4 million for the year ending, May 31,2021 $2 million for the year ending, May 31,2022. The $2 million is included in this return.
Grants made by Dallas Symphony Foundation
Personnel at Dallas Symphony Foundation
| Name | Title | Compensation | Date of data |
|---|
| KIM NOLTEMY , Ross Perot | President and Chief Executive Officer | | 2022-03-17 |
| Drew Cameron | Chief Financial Officer | | 2022-03-17 |
| Denise McGovern | Vice President of Communications | | 2022-03-17 |
| Kim Burgan | Vice President of Sales and Marketing | | 2022-03-17 |
| James Leffler | Vice President of Development | | 2022-03-17 |
| ...and 53 more key personnel |
Financials for Dallas Symphony Foundation
| Revenues | FYE 05/2022 | FYE 05/2021 | % Change |
|---|
| Total grants, contributions, etc. | $3,260,996 | $1,679,351 | 94.2% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $2,964,258 | $2,324,557 | 27.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $6,755,013 | $2,228,242 | 203.2% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $12,980,267 | $6,232,150 | 108.3% |
Organizations like Dallas Symphony Foundation
| Organization | Type | Location | Revenue |
|---|
| Colorado Symphony Fund | 501(c)(3) | Denver, CO | $4,099,144 |
| Indianapolis Symphony Orchestra Foundation | 501(c)(3) | Indianapolis, IN | $10,534,808 |
| Sarasota Orchestra | 501(c)(3) | Sarasota, FL | $13,124,134 |
| Pittsburgh Symphony Orchestra (PSO) | 501(c)(3) | Pittsburgh, PA | $30,739,984 |
| The Nashville Symphony | 501(c)(3) | Nashville, TN | $12,366,678 |
| Saint Louis Symphony Orchestra | 501(c)(3) | Saint Louis, MO | $61,304,520 |
| San Diego Symphony Orchestra Association | 501(c)(3) | San Diego, CA | $56,683,795 |
| Indiana Symphony Society | 501(c)(3) | Indianapolis, IN | $26,550,940 |
| Milwaukee Symphony Orchestra | 501(c)(3) | Milwaukee, WI | $33,243,126 |
| Los Angeles Chamber Orchestra Society | 501(c)(3) | Los Angeles, CA | $3,490,076 |
Data update history
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 3 new personnel
May 19, 2023
Updated personnel
Identified 12 new personnel
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2020
September 26, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsOperas and symphoniesMusical groupsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
- Address
- 2301 Flora St Ste 300
- Dallas, TX 75201
- Metro area
- Dallas-Fort Worth-Arlington, TX
- County
- Dallas County, TX
- Website URL
- dallassymphony.org/Â
- Phone
- (214) 871-4000
IRS details
- EIN
- 75-1529851
- Fiscal year end
- May
- Taxreturn type
- Form 990
- Year formed
- 1976
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- A69: Symphony Orchestras
- NAICS code, primary
- 711130: Musical Groups and Artists
- Parent/child status
- Independent
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