Jacksonville Symphony Society

Nonprofit profile at a glance

EIN
376138854
IRS 990-EZ coverage
2021–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Jacksonville, IL, USA
Phone
2173703759
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Symphony Orchestras

Reported finances

Revenue
$150,221
Expenses
$134,066
Assets
$237,752
Liabilities
$28,057

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Daniel Streib (Executive Director)
  • Kimberly Streib (President)

People named in this filing

  • Garrett Allman (Music Director and Conductor)
  • Daniel Streib (Executive Director)
  • Kimberly Streib (President)

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

To provide symphonic and choral music for the cultural enhancement and education of the general public, to provide opportunities for local musicians to improve their skills, and to promote the appreciation of symphonic and choral music.

What it reported doing in 2024

The only program service for the Jacksonville Symphony Society (JSS) is to perform concerts. The JSS performed seven concerts including a free Independence Day concert. One of the six concerts included a performance with the Jacksonville Symphony Chorale which featured approximately 40 vocalists. Another one of the six concerts is an annual youth concert which is performed free of charge for over 500 children in the third through fifth grades. This concert is held during a school day so that all students can attend and teachers can include aspects of the music performed in their lessons.

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
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. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 92
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81%; rating input score 81
  • Program expense ratio: 84.2%; rating input score 84

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 10.8%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 1.77; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 20.7%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 14.9% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 29.2% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 30.6% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 81% of revenue deployed · 84.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $113K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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.

  • Review — Sustainability: Operating margin scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.