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Arts, Culture, Humanities : Performing Arts

New Bedford Symphony Orchestra

Placing the world's finest music at the center of the cultural life of the South Coast community

three stars

86.00

128 Union Street Suite 204
New Bedford, MA 02740
tel: (508) 999-6276   Web Site
EIN: 04-2658082

Board Leadership
Sandria R. Parsons
Chair

CEO
David M. Prentiss
President and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 86.00 three stars
  Financial 87.08 three stars
  Accountability & Transparency 85.00 three stars
This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.

The mission of the New Bedford Symphony Orchestra (NBSO) is to place the world's finest music at the center of the cultural life of the South Coast community. The NBSO enriches the lives of adults and children through the transforming power of great music, performing concerts at the highest level of professional standards and providing educational programs for children and listeners of all ages that deepen their enjoyment and understanding of music and make it a part of their daily lives.

The mission of the New Bedford Symphony Orchestra (NBSO) is to place the world's finest music at the center of the cultural life of the South Coast community. The NBSO enriches the lives of adults and children through the transforming power of great music, performing concerts at the highest level of professional standards and providing educational programs for children and listeners of all ages that deepen their enjoyment and understanding of music and make it a part of their daily lives.

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Financial

three stars

87.08

Accountability & Transparency

three stars

85.00

This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
77.4%
  Administrative Expenses 12.1%
  Fundraising Expenses 10.3%
  Fundraising Efficiency $0.14
  Working Capital Ratio (years) 0.72
  Program Expenses Growth 3.8%
  Liabilities to Assets 5.1%
All data for Financial Performance Metrics calculations was provided by New Bedford Symphony Orchestra on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by New Bedford Symphony Orchestra on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
New Bedford Symphony Orchestra (MA) 86.00 three stars
Louisiana Philharmonic Orchestra (LA) 88.22 three stars
Chamber Music Northwest (OR) 95.57 four stars
Orlando Philharmonic Orchestra (FL) 86.43 three stars
Chattanooga Symphony & Opera (TN) 85.62 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $666,471
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $2,999
   Related Organizations $0
   Government Grants $6,600
Total Contributions $676,070
   Program Service Revenue $336,641
Total Primary Revenue $1,012,711
   Other Revenue $172,543
TOTAL REVENUE $1,185,254
   
EXPENSES  
   Program Expenses $881,120
   Administrative Expenses $125,559
   Fundraising Expenses $116,515
TOTAL FUNCTIONAL EXPENSES $1,123,194
   
Payments to Affiliates $0
Excess (or Deficit) for the year $62,060
   
Net Assets $2,692,819

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Performances $511,638 58.1%
Educational Programs $369,482 41.9%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-08 06/01/2020 86.00 three stars
2018-08 04/01/2020 86.15 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 04-2658082
Name in IRS Master File NEW BEDFORD SYMPHONY ORCHESTRA ASSOCIATION INC
NTEE Code A69
NTEE Classification Symphony Orchestras
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (408) Community service organization
(90) Cultural performances
(89) Singing society or group
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1958
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End August
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • August, 2018
  • August, 2017
  • August, 2016
  • August, 2015
  • August, 2014
Compensation % of Expenses Paid to Title
$124,465 11.08% David Prentiss President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
New Bedford Symphony Orchestra (MA) 86.00 three stars
San Diego Symphony Orchestra (CA) 88.44 three stars
Saint Louis Symphony Orchestra (MO) 88.24 three stars
Omaha Symphony (NE) 95.05 four stars
Midland-Odessa Symphony & Chorale (TX) 90.14 four stars

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Charity Contact Info

New Bedford Symphony Orchestra
128 Union Street
Suite 204
New Bedford, MA 02740
tel: (508) 999-6276
EIN: 04-2658082

Visit Web Site

Board Leadership

Sandria R. Parsons
Chair

CEO

David M. Prentiss
President and CEO

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