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Arts, Culture, Humanities : Performing Arts

Toledo Symphony

Listen, the sound is all around you

three stars

86.39

1838 Parkwood Avenue Toledo, OH 43604
tel: (419) 418-0056   Web Site
EIN: 34-4005365

Board Leadership
Pam Hershberger
Board Chair

CEO
Zak Vassar
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 86.39 three stars
  Financial 96.99 four stars
  Accountability & Transparency 81.00 three stars
This rating was published 12/01/2018 and includes data from FY2017, the most recent 990 received at that time.

The Toledo Symphony (TSO) was formed in 1943 as The Friends of Music and was incorporated in 1951. Since that time, the TSO has grown from a core group of 22 part-time musicians to an orchestra that employs nearly 80 professional musicians who consider the Toledo Symphony their primary employer, as well as numerous extra players annually as repertoire demands. In 2008-2009 it will continue its mission of service and quality and present over 400 performances to nearly 300,000 music listeners. Performances take place in classrooms, concert halls, churches, auditoriums, senior centers, and theatres in nearly 100 communities in Ohio, Michigan, and Indiana. In its commitment to provide excellent music to the largest possible audience, the Toledo Symphony remains an essential force in the quality of life throughout the region.

The Toledo Symphony (TSO) was formed in 1943 as The Friends of Music and was incorporated in 1951. Since that time, the TSO has grown from a core group of 22 part-time musicians to an orchestra that employs nearly 80 professional musicians who consider the Toledo Symphony their primary employer, as well as numerous extra players annually as repertoire demands. In 2008-2009 it will continue its mission of service and quality and present over 400 performances to nearly 300,000 music listeners. Performances take place in classrooms, concert halls, churches, auditoriums, senior centers, and theatres in nearly 100 communities in Ohio, Michigan, and Indiana. In its commitment to provide excellent music to the largest possible audience, the Toledo Symphony remains an essential force in the quality of life throughout the region.

Impact Information

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Financial

four stars

96.99

Accountability & Transparency

three stars

81.00

This rating was published 12/01/2018 and includes data from FY2017, 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)
83.0%
  Administrative Expenses 12.6%
  Fundraising Expenses 4.2%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 2.26
  Program Expenses Growth 5.6%
  Liabilities to Assets 6.0%
All data for Financial Performance Metrics calculations was provided by Toledo Symphony on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Toledo Symphony on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Toledo Symphony (OH) 86.39 three stars
Wichita Symphony Society (KS) 92.84 four stars
Kalamazoo Symphony Orchestra (MI) 90.88 four stars
Chattanooga Symphony & Opera (TN) 87.15 three stars
The Los Angeles Philharmonic (CA) 91.50 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,514,512
   Federated Campaigns $0
   Membership Dues $5,665
   Fundraising Events $6,412
   Related Organizations $0
   Government Grants $129,673
Total Contributions $3,656,262
   Program Service Revenue $1,872,817
Total Primary Revenue $5,529,079
   Other Revenue $1,309,029
TOTAL REVENUE $6,838,108
   
EXPENSES  
   Program Expenses $5,323,585
   Administrative Expenses $857,593
   Fundraising Expenses $353,217
TOTAL FUNCTIONAL EXPENSES $6,534,395
   
Payments to Affiliates $0
Excess (or Deficit) for the year $303,713
   
Net Assets $19,517,025

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
Musical Presentations $5,323,585 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 12/01/2018 86.39 three stars
2016-06 11/01/2017 85.28 three stars
2015-06 10/01/2016 84.98 three stars
2014-06 06/01/2016 87.17 three stars
 
CN 2.0
2014-06 10/01/2015 86.60 three stars
2013-06 08/01/2014 86.18 three stars
2012-06 09/01/2013 89.89 three stars
2011-06 08/01/2012 80.18 three stars
2010-06 09/20/2011 81.63 three stars
 
CN 1.0
2009-06 11/24/2010 83.19 three stars
2008-06 11/01/2009 89.71 three stars
2007-06 03/01/2009 88.78 three stars
2006-06 06/01/2007 85.59 three stars
2005-06 11/01/2006 68.72 one star
2004-06 07/01/2005 78.78 two stars
2003-06 01/05/2005 76.76 two stars
2002-06 10/01/2003 86.02 three stars
2001-06 10/15/2002 94.71 four 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 34-4005365
Name in IRS Master File TOLEDO ALLIANCE FOR THE PERFORMING ARTS
NTEE Code A11
NTEE Classification Single Organization Support
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (119) Other cultural or historical activities
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 January, 1952
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$93,222 1.42% Zachary Vassar President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Toledo Symphony (OH) 86.39 three stars
Handel and Haydn Society (MA) 85.91 three stars
Canton Symphony Orchestra (OH) 89.82 three stars
Wichita Symphony Society (KS) 92.84 four stars
Kalamazoo Symphony Orchestra (MI) 90.88 four stars

Compare These Charities (Highly Rated)

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Charity Contact Info

Toledo Symphony
1838 Parkwood Avenue
Toledo, OH 43604
tel: (419) 418-0056
EIN: 34-4005365

Visit Web Site

Board Leadership

Pam Hershberger
Board Chair

CEO

Zak Vassar
President, CEO

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