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North Carolina Symphony Society Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560556755 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

Overview

What is North Carolina Symphony Society Inc?

North Carolina Symphony Society Inc, founded in 1932, is North Carolina's esteemed state orchestra with a dual mission of statewide service and music education. Based in Raleigh, NC, the organization is the largest performing arts organization in the state and boasts the most extensive education program of any U.S. orchestra. With a staff of 181 individuals, the symphony performs over 175 full orchestra concerts annually, reaching 98 counties and 250,000 people, including over 55,000 students. During the pandemic, they pivoted to online programs, expanding their reach beyond North Carolina and into national and international markets. Despite government capacity restrictions preventing $5.2M in revenue in FY2020, the symphony continued its education services for North Carolina students virtually. In FY2021, they created a recovery reserve fund to offset projected declines in funding in subsequent years. Despite the ongoing challenges of the coronavirus, the symphony strives to be an orchestra achieving the highest level of artistic quality and performance standards, while embracing its dual legacies of statewide service and music education.


Official website here: www.ncsymphony.org

Is North Carolina Symphony Society Inc legitimate?

North Carolina Symphony Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Symphony Society Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,215,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,446,246

For more financial information, click here


Official website here: www.ncsymphony.org

What is the mission statement of North Carolina Symphony Society Inc?

The North Carolina Symphony Society Inc strives to be North Carolina's state orchestra, achieving the highest level of artistic quality and performance standards while embracing its legacy of statewide service and music education. Founded in 1932, it is the largest performing arts organization in the state with the most extensive education program among U.S. orchestras. The orchestra reaches over 250,000 people annually, including more than 55,000 students, through 175 full orchestra concerts. During the pandemic, the organization pivoted its programs online, expanding its reach beyond North Carolina to national and international markets. Despite facing significant revenue losses due to the pandemic, the North Carolina Symphony continued its education service to students virtually and created a recovery reserve fund for anticipated declines in funding in subsequent years. The orchestra's mission remains unwavering, to provide North Carolina with exceptional musical experiences and to educate future generations.


Official website here: www.ncsymphony.org

Who is the CEO of North Carolina Symphony Society Inc?

Sandi Ma Macdonald is the Chair of North Carolina Symphony Society Inc. The CEO's salary of North Carolina Symphony Society Inc is $282,682 and their total compensation is $313,693.


Official website here: www.ncsymphony.org

What is the revenue of North Carolina Symphony Society Inc?

North Carolina Symphony Society Inc's revenue in 2022 was $22,246,893.


Official website here: www.ncsymphony.org

Who are the executives of North Carolina Symphony Society Inc and what are their salaries?

The average compensation at North Carolina Symphony Society Inc during 2022 was $42,327. There are 181 employees and 175 volunteers at North Carolina Symphony Society Inc.

Here are 61 key members and their salaries (North Carolina Symphony Society Inc's CEO's salary is $282,682 and their total compensation is $313,693):

    Sandi Ma Macdonald (President & Ceo)
  • Compensation: $282,682
  • Related: $0
  • Other: $31,011

    • Robert Schiller (Sr. Vp Finance And Cfo)
  • Compensation: $170,936
  • Related: $0
  • Other: $6,283

    • Lisa Ransom (Vp Of Philanthropy)
  • Compensation: $143,380
  • Related: $0
  • Other: $13,530

    • Brian Reagan (Musician)
  • Compensation: $117,735
  • Related: $0
  • Other: $26,685

    • Linda Charlton (Vp Marketing & Audience Development)
  • Compensation: $108,290
  • Related: $0
  • Other: $27,676

    • Donald Tippett (Vp Orchestra Operations)
  • Compensation: $101,923
  • Related: $0
  • Other: $14,851

    • Mr Don Davis (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Wm Charles Helton (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Joseph C Bastian (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Terry L Stevens (Assistant Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Ashley Matlock Perkinson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah M Aiken (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Timothy Altman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr True R Bate (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Bennett (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janie Bird (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jud Bowman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patty Briguglio (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen W Burriss (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Clancy (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • The Honorable Roy Cooper (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Corbett (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Datin (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard L Daugherty (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Donahue (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert N Eby (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Gardner (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Gering (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Golden (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald A Haile (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David L Haines (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Bryant Hayes (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Edward Hinson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Howell (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • L Dwain Joyce (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cecelia Eckert Kennedy (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosemary Kenyon (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Lacin (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Macneill Jr (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Marr (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Branford Marsalis (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Assad Meymandi (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louise A Miller (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Minichiello (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Morgan (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Florence Peacock (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Mann Peck (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Smedes Poyner (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Ramachandra P Reddy (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Rhode (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Smith (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracey Fodor Smith (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Sontag (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda J Staunch (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • M Gray Styers Jr (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandy Sully (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • The Honorable Catherine Truitt (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennie H Wallace (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dereck Whittenburg (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • D Reid Wilson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Yull (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ncsymphony.org

    Where can I find the form 990 for North Carolina Symphony Society Inc?

    The North Carolina Symphony Society Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ncsymphony.org

    Learn more at the official website: www.ncsymphony.org

    Mission Statement of North Carolina Symphony Society Inc

    North Carolina Symphony Society Inc, also known as the North Carolina Symphony, is a renowned orchestra dedicated to upholding the highest artistic quality and performance standards in the state. The organization embraces its dual legacies of statewide service and music education, making it an integral part of North Carolina's cultural landscape.

    The symphony, founded in 1932, was the first state-supported orchestra in the country and continues to thrive with its mission. With over 100 years of history, it remains the largest performing arts organization in the state, boasting the most extensive education program of any U.S. orchestra. North Carolina Symphony performs approximately 175 full orchestra concerts annually, traveling thousands of miles to reach every corner of the state. The orchestra's outreach extends to over 250,000 people, including more than 55,000 students. In response to the COVID-19 pandemic, the symphony pivoted its programs online, broadening its reach beyond North Carolina to national and international markets.

    North Carolina Symphony Society Inc is deeply committed to enriching the lives of its community members through the power of music. By providing a diverse range of education programs, the organization fosters a love for music among students, particularly those in elementary schools. Despite the challenges posed by the pandemic, the symphony's unwavering dedication to its education mission persisted, transitioning to virtual platforms. In recognition of the potential financial implications of the pandemic, the symphony established a recovery reserve fund to mitigate projected declines in funding. Though the length and complete financial impact of the pandemic remain uncertain, the North Carolina Symphony continues to adapt and innovate, ensuring its mission endures.

    Impact

    This information is meant to be a general summary of North Carolina Symphony Society Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The North Carolina Symphony Society Inc, known as North Carolina Symphony, is the largest performing arts organization in North Carolina. Founded in 1932 as the first state-supported orchestra in the country, the symphony continues to fulfill its dual mission of statewide service and music education. Annually, the orchestra performs 175 full orchestra concerts, travels over 18,500 miles, reaches 98 counties, and performs for 250,000 people, including more than 55,000 students.

    During the pandemic, the North Carolina Symphony pivoted its programs online, expanding the delivery of its mission beyond North Carolina to national and international markets. Despite government capacity restrictions impacting revenue in fiscal year 2020, the symphony maintained its commitment to music education by offering virtual programs, with a particular focus on elementary school students.

    In response to the uncertain financial impact of the pandemic, the symphony created a recovery reserve fund in fiscal year 2021 to offset projected declines in funding. While operating revenue increased in fiscal year 2022, it is still below pre-pandemic levels. The North Carolina Symphony's resilience and dedication to its mission demonstrate its enduring impact on the state's cultural landscape and music education initiatives.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,355,099
  • Program Service Revenue: $2,952,792
  • Gross Receipts: $44,128,915

    • Assets and Liabilities:
  • Total Assets: $32,524,457
  • Total Liabilities: $3,529,009
  • Net Assets: $28,995,448
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONCERT REVENUE

    Revenue

    $2,846,877

    EDUCATION

    Revenue

    $66,375

    PROGRAM PROCESSING FEES

    Revenue

    $39,540

    Organization Details

    Founding Year

    1932

    Principal Officer

    Sandi Ma Macdonald

    Main Address

    3700 GLENWOOD AVE 130, RALEIGH, NC, 27612

    NTEE Category

    Code: A690 - Arts

    If you are a representative of North Carolina Symphony Society Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.