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EIN 91-1351925

Seattle Symphony Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Seattle
State
Washington
Year formed
1986
Most recent tax filings
2023-08-01
NTEE code, primary
A69: Symphony Orchestras
Description
The Seattle Symphony Foundation aids and supports the Seattle Symphony Orchestra and Benaroya Hall Music Center Endowments. The Foundation's primary purpose is to distribute up to 7.5% of the 36 month rolling average of the endowment value annually to support the orchestra's operations, per its articles of incorporation. In 2019, a new endowment fund was added by the Foundation.
Related structure
Seattle Symphony Foundation is a subordinate organization under Seattle Symphony Orchestra.
Total revenues
$7,550,149
2023
Total expenses
$1,982,229
2023
Total assets
$43,445,293
2023
Num. employees
0
2023

Program areas at Seattle Symphony Foundation

The Foundation's articles of incorporation provide that up to 7.5% of the 36 month rolling average of the endowment value be distributed annually to the Seattle Symphony orchestra to support its operations.in 2019 the Foundation added a new endowment fund for the benefit of benaroya music hall. In 2022 the Foundation board approved a distribution to benaroya hall totaling 5% of a rolling 36 month average of the endowment value.

Grants made by Seattle Symphony Foundation

GranteeGrant descriptionAmount
Seattle Symphony OrchestraGeneral Support$1,527,196
B H Music CenterGeneral Support$17,302

Who funds Seattle Symphony Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Marks Family FoundationFurther the Organization's Charitable Goals$110,000
MPS Charitable FoundationGeneral Support$45,000
North Star Charitable FoundationGeneral Operating$20,000
...and 1 more grant received

Financials for Seattle Symphony Foundation

RevenuesFYE 08/2023
Total grants, contributions, etc.$1,978,064
Program services$0
Investment income and dividends$811,645
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$4,760,440
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,550,149

Organizations like Seattle Symphony Foundation

OrganizationLocationRevenue
Baltimore Symphony Endowment TrustBaltimore, MD$7,990,830
Music Center FoundationLos Angeles, CA$10,480,339
Phantom RegimentRockford, IL$2,522,157
B H Music CenterSeattle, WA$6,557,492
Metropolitan Regional Arts Council (MRAC)St Paul, MN$6,139,737
AMP ConcertsAlbuquerque, NM$2,728,836
Gasparilla Music FoundationTampa, FL$2,435,881
The Cavaliers Ap&eRosemont, IL$2,509,911
Crossmen ProductionsSan Antonio, TX$2,144,629
Music Performance Trust FundNew York, NY$5,946,878
Data update history
January 8, 2025
Received grants
Identified 3 new grant, including a grant for $45,000 from MPS Charitable Foundation
November 5, 2024
Updated personnel
Identified 5 new personnel
September 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 8, 2024
Received grants
Identified 3 new grant, including a grant for $110,000 from Marks Family Foundation
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsOperas and symphoniesMusical groupsChapter / child organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsState / local levelEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 21906
Seattle, WA 98111
Metro area
Seattle-Tacoma-Bellevue, WA
County
King County, WA
Website URL
seattlesymphony.org/ 
Phone
(206) 215-4700
Facebook page
seattlesymphony 
Twitter profile
@seattlesymphony 
IRS details
EIN
91-1351925
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1986
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
Subordinate organization
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