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Arts, Culture, Humanities : Performing Arts

Toledo Symphony

Listen, the sound is all around you

88.28

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

Board Leadership
Patrick Bowe
Board Chair

CEO
Zak Vassar
President, CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 88.28
  Financial 92.96
  Accountability & Transparency 85.00
This rating was published 10/01/2021 and includes data from FY2020, 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.

Financial

92.96

Accountability & Transparency

85.00

This rating was published 10/01/2021 and includes data from FY2020, 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)
84.8%
  Administrative Expenses 9.8%
  Fundraising Expenses 5.3%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 1.74
  Program Expenses Growth 2.5%
  Liabilities to Assets 6.9%
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) 88.28
Fort Worth Symphony Orchestra (TX) 86.94
Rochester Philharmonic Orchestra (NY) 85.73
Los Angeles Master Chorale Association (CA) 87.47
Sarasota Orchestra (FL) 90.26

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,630,515
   Federated Campaigns $0
   Membership Dues $3,990
   Fundraising Events $1,673
   Related Organizations $0
   Government Grants $865,247
Total Contributions $3,501,425
   Program Service Revenue $1,879,874
Total Primary Revenue $5,381,299
   Other Revenue $2,270,076
TOTAL REVENUE $7,651,375
   
EXPENSES  
   Program Expenses $5,737,209
   Administrative Expenses $688,868
   Fundraising Expenses $353,607
TOTAL FUNCTIONAL EXPENSES $6,779,684
   
Payments to Affiliates $0
Excess (or Deficit) for the year $871,691
   
Net Assets $17,989,493

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 $5,737,209 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2020-06 10/01/2021 88.28
2019-06 09/01/2021 89.20
2018-06 11/01/2019 86.01
2017-06 12/01/2018 86.39
2016-06 11/01/2017 85.28
2015-06 10/01/2016 84.98
2014-06 06/01/2016 87.17
 
CN 2.0
2014-06 10/01/2015 86.60
2013-06 08/01/2014 86.18
2012-06 09/01/2013 89.89
2011-06 08/01/2012 80.18
2010-06 09/20/2011 81.63
 
CN 1.0
2009-06 11/24/2010 83.19
2008-06 11/01/2009 89.71
2007-06 03/01/2009 88.78
2006-06 06/01/2007 85.59
2005-06 11/01/2006 68.72
2004-06 07/01/2005 78.78
2003-06 01/05/2005 76.76
2002-06 10/01/2003 86.02

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
$181,790 2.68% Zachary Vassar President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Toledo Symphony (OH) 88.28
Saint Paul Chamber Orchestra (MN) 88.14
Columbus Symphony (OH) 85.97
Charleston Symphony Orchestra (SC) 85.62
Los Angeles Chamber Orchestra (CA) 85.84

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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

Patrick Bowe
Board Chair

CEO

Zak Vassar
President, CEO

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