Gwinnett Symphony Inc

Nonprofit profile at a glance

EIN
994604060
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Buford, GA, USA
Phone
7703351458
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Symphony Orchestras

Reported finances

Revenue
$105,566
Expenses
$99,241
Assets
$6,910
Liabilities
$585

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • PAM COOK (CHAIR)
  • SHIRLEY HOUSE (TREASURER)
  • LISA SHANKLES (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The gwinnett symphony orchestra, inc., mission is promoting, supporting and providing education for orchestral and choir music in gwinnett county, Georgia. The corporation is not organized and shall not be operated for the pecuniary gain or profit of any private individual.

What it reported doing in 2024

Gwinnett symphony orchestra (gso) is comprised of approximately 90 musicians from all walks of life from gwinnett and the surrounding region. Gso is made up of primarily volunteer musicians with a few key professional musicians. Gso performs multiple concerts per season including masterworks, family concerts, sensory friendly concerts, young people's concerts and combined concerts with our symphony chorus, jazz orchestra and northeast atlanta ballet. Gso sponsors a youth piano concerto competition and hosts international conductors annually. Gwinnett symphony chorus is comprised of approximately 80 singers from all walks of life from gwinnett and the surrounding region. Gsc performs multiple concerts per season including masterworks, holiday concerts and combined concerts with our symphony orchestra and jazz orchestra. Gwinnett symphony jazz orchestra (gsjo) is comprised of approximately 12 musicians from all walks of life from gwinnett and the surrounding region. Mgsjo performs multiple concerts per season and performs repertoire over a wide spectrum of jazz styles the gwinneett symphony orchestra supports a youth orchestra for young, advanced level instrumentalists in the gwinnett area. This provides the opportunity to supplement and enhance their music education through opportunities to learn symphonic literature and high quality orchestral and ensemble training. Membership is by audition or teacher recommendation and is open to all middle school and high school string, woodwind, brass, and percussion players. Gsyo presents three concerts per season and performs at discovery high school theater and infinite energy theater.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 100
  • Sustainability: 37
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.6%; rating input score 82
  • Program expense ratio: 86.8%; rating input score 87

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 6%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 81.6% of revenue deployed · 86.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $86K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.