North Carolina Symphony Foundation in Raleigh, North Carolina (NC)

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North Carolina Symphony Foundation
Employer Identification Number (EIN)581495066
Name of OrganizationNorth Carolina Symphony Foundation
In Care of NameBonnie Medinger
Address3700 Glenwood Ave Ste 130, Raleigh, NC 27612-5530
ActivitiesGifts, grants, or loans to other organizations
SubsectionEducational Organization
Ruling Date03/1983
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$5,000,000 to $9,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$9,243,863
Amount of Income$7,570,230
Form 990 Revenue Amount$274,496
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Symphony Orchestras


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Amount of income in 2012: $7,570,230 (it was $942,759 in 2011)
North Carolina Symphony Foundation: 

 $7,570,230
Other organizations performing similar types of work: 

 $151,992

Assets in 2012: $9,243,863 (it was $9,526,015 in 2011)
North Carolina Symphony Foundation: 

 $9,243,863
Other organizations performing similar types of work: 

 $255,910

Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$925,647
Contributions, Gifts, Grants and Other Similar Amounts$356,961
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$198,591
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$370,095
Gross amount from sales of assets other than inventory (Securities / Other)$387,207 / $0
Less: cost or other basis and sales expenses (Securities / Other)$17,112 / $0
Gain or (loss) (Securities / Other)$370,095 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$516,220
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$516,220
Balance Sheet (for 2011)
Total assets$9,526,015
Total liabilities$71,250
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$71,250
Total net assets or fund balances$9,454,765
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Milwaukee Symphony Orchestra League Inc1605 Alta Vista Ave, Wauwatosa, WI 53213-2317WI1995-04$517,736
2North Carolina Symphony Foundation3700 Glenwood Ave Ste 130, Raleigh, NC 27612-5530NC1983-03$7,570,230
3Pasadena Showcase House For The ArtsPO BOX 80262, San Marino, CA 91118-8262CA1964-01$3,328,998
4Foundation For The Long Beach Symphony555 E Ocean Blvd Ste 106, Long Beach, CA 90802-5056CA1986-07$1,808,697
5Las Colinas Symphony Orchestra Inc4322 N Belt Line Rd Ste B114, Irving, TX 75038-3561TX1992-06$1,056,783
6Columbus Philharmonic Guild IncPO BOX 1499, Columbus, GA 31902-1499GA1965-03$737,852
7Dc Youth Orchestra Program1700 D Capitol Street Ne, Washington, DC 20003-1622DC1965-05$703,379
8Huntsville Symphony Orchestra Guild IncPO BOX 18216, Huntsville, AL 35804-8216AL1972-11$527,842
9Arkansas Symphony Orchestra Foundation2417 North Tyler - Byrne Hall, Little Rock, AR 72207AR1993-07$237,052
10Peninsula Committee For The Los Angeles Philharmonic OrchestraPO BOX 2122, Pls Vrds Pnsl, CA 90274-8122CA1972-02$226,063
11Cedar Rapids Symphony Orchestra Foundation Inc119 3rd Ave Se, Cedar Rapids, IA 52401-1403IA1990-11$196,496
12Augusta Symphony Guild 2567 CentralPO BOX 40068, Augusta, GA 30909-3784GA1959-06$151,992
13Junior Symphony Guild Inc1165 Delaware St Ste 204, Denver, CO 80204-6819CO1983-11$145,611
14Aiken Symphony Guild IncPO BOX 2801, Aiken, SC 29802-2801SC1987-06$71,726
15Dayton Philharmonic Volunteer Association109 N Main St, Dayton, OH 45402-1290OH1969-01$68,123
16Music Orlando Inc Endowment Trust Fund, Orlando Philharmonic OrchestraPO BOX 1908, Orlando, FL 32802-1908FL1984-10$53,622
17Nhso Foundation IncPO BOX 9718, New Haven, CT 06536-0718CT1991-09$48,879
18Fort Collins Symphony Guild IncPO BOX 1515, Fort Collins, CO 80522-1515CO1977-05$40,119
19Evans Trust Fbo, Nc SymphonyPO BOX 1908, Orlando, FL 32802-1908FL1994-03$36,584
20Hershey Symphony Orchestra FoundationPO BOX 93, Hershey, PA 17033-0093PA1998-04$12,313
Number of organizations performing similar types of work
Alabama2
Arkansas1
California6
Colorado2
Connecticut1
District of Columbia1
Florida2
Georgia2
Iowa1
Illinois1
Indiana1
Michigan1
Missouri1
North Carolina2
New Hampshire1
Ohio5
Pennsylvania1
South Carolina1
Texas7
Virginia2
Washington2
Wisconsin1
Total44

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