Salt Lake Symphony Orchestra Inc
Nonprofit profile at a glance
- EIN
- 870322153
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Sandy, UT, USA
- Phone
- 8015034453
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $125,413
- Expenses
- $107,782
- Assets
- $207,784
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- ROBERT BALDWIN (MUSIC DIRECTOR)
- CHARLOTTE BELL (MARKETING)
- HILARY COON (GRANTS)
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 salt lake symphony is a non-profit organization dedicated to performing quality classical music concerts for the wasatch front community. The symphony performs around 15 concerts per year. The approximately seventy-five hard-working musicians of the sls volunteer roughly 10,000 hours annually to accomplish this goal. Althought the members of the salt lake symphony come from all walks of life and frequently work full-time in other professions, they hold one thing in common: they play for the love and passion of music. Their dedication as volunteers sets them apart and creates a unique bond.
What it reported doing in 2024
In fy23 the salt lake symphony staged five regular-season concerts (which includes a family concert) and a christmas concert. We also provided services for the university of Utah opera program's annual staging of "amahl and the night visitors and a christmas carol the university of Utah piano department's summerarts piano concerto competition winners; and the days of 47 pops concerts.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 100
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.9%; rating input score 86
- Program expense ratio: 100%; rating input score 100
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: 14.1%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 1.93; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 33.3%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 5.4% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 85.9% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $108K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 10 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 6 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.
- High — Sustainability: Officer compensation ratio scored 10/100.