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Arts, Culture, Humanities : Performing Arts

Sarasota Orchestra

Come as you are. Leave different.

four stars

92.55

709 North Tamiami Trail Sarasota, FL 34236
tel: (941) 953-3434   Web Site
EIN: 59-2603081

Board Leadership
David Steves
Chair

CEO
Joseph McKenna
President and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 92.55 four stars
  Financial 90.26 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.

For more than 60 years, the Sarasota Orchestra has been entertaining music lovers from around the region, and visitors from around the world. Formerly the Florida West Coast Symphony, the 80-member Orchestra performs more than 100 classical, pops and family concerts each year, and thrives as the oldest continuing orchestra in the state of Florida. An arts leader in the community, the Orchestra has a dual mission, dedicated to exquisite performance and first-class musical education. The Sarasota Orchestra's acclaimed music education program includes the 50-year-old Youth Orchestra, which features five ensembles. The Sarasota Orchestra also offers music lessons for students of all ages and abilities, sponsors multiple community-outreach programs and is the parent program of the Sarasota Music Festival.

For more than 60 years, the Sarasota Orchestra has been entertaining music lovers from around the region, and visitors from around the world. Formerly the Florida West Coast Symphony, the 80-member Orchestra performs more than 100 classical, pops and family concerts each year, and thrives as the oldest continuing orchestra in the state of Florida. An arts leader in the community, the Orchestra has a dual mission, dedicated to exquisite performance and first-class musical education. The Sarasota Orchestra's acclaimed music education program includes the 50-year-old Youth Orchestra, which features five ensembles. The Sarasota Orchestra also offers music lessons for students of all ages and abilities, sponsors multiple community-outreach programs and is the parent program of the Sarasota Music Festival.

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Financial

four stars

90.26

Accountability & Transparency

four stars

96.00

This rating was published 06/01/2019 and includes data from FY2018, 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)
84.2%
  Administrative Expenses 8.4%
  Fundraising Expenses 7.3%
  Fundraising Efficiency $0.14
  Working Capital Ratio (years) 0.60
  Program Expenses Growth 6.0%
  Liabilities to Assets 22.5%
All data for Financial Performance Metrics calculations was provided by Sarasota Orchestra on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Sarasota Orchestra on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Sarasota Orchestra (FL) 92.55 four stars
Omaha Symphony (NE) 95.05 four stars
Los Angeles Chamber Orchestra (CA) 85.46 three stars
Richmond Symphony (VA) 85.84 three stars
Flint Institute of Music (MI) 86.13 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,154,099
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $143,675
   Related Organizations $1,217,058
   Government Grants $603,554
Total Contributions $5,118,386
   Program Service Revenue $3,869,627
Total Primary Revenue $8,988,013
   Other Revenue $617,004
TOTAL REVENUE $9,605,017
   
EXPENSES  
   Program Expenses $8,514,634
   Administrative Expenses $793,597
   Fundraising Expenses $737,778
TOTAL FUNCTIONAL EXPENSES $10,046,009
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-440,992
   
Net Assets $7,625,071

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
Concert Season $6,970,411 81.9%
Music Festival $808,385 9.5%
Youth Orchestras $735,838 8.6%

Ratings History
Sarasota Orchestra has received 6 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-07 06/01/2019 92.55 four stars
2017-07 07/01/2018 90.31 four stars
2016-07 07/01/2017 93.57 four stars
2015-07 06/01/2016 93.57 four stars
 
CN 2.0
2014-07 09/01/2015 91.53 four stars
2013-07 06/01/2014 90.82 four stars
2012-07 05/01/2013 86.55 three stars
2011-07 07/01/2012 84.96 three stars
2010-07 09/20/2011 91.10 four stars
 
CN 1.0
2009-07 09/01/2010 89.42 three stars
2008-07 07/01/2009 86.52 three stars
2006-07 11/01/2007 77.05 two stars
2005-07 11/01/2006 81.05 three stars
2004-07 07/01/2005 86.13 three stars
2003-07 09/01/2004 85.28 three stars
2002-07 10/01/2003 82.62 three stars
2001-07 06/09/2003 82.33 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 59-2603081
Name in IRS Master File FLORIDA WEST COAST SYMPHONY 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 (40) Scholarships (other)
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 May, 1986
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End July
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • July, 2018
  • July, 2017
  • July, 2016
  • July, 2015
  • July, 2014
Compensation % of Expenses Paid to Title
$170,113 1.69% Joseph Mckenna President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Sarasota Orchestra (FL) 92.55 four stars
Boston Landmarks Orchestra (MA) 86.17 three stars
Santa Barbara Symphony Orchestra Association (CA) 87.97 three stars
Midland-Odessa Symphony & Chorale (TX) 90.14 four stars
Saint Louis Symphony Orchestra (MO) 86.41 three stars

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Charity Contact Info

Sarasota Orchestra
709 North Tamiami Trail
Sarasota, FL 34236
tel: (941) 953-3434
fax: (941) 953-3059
EIN: 59-2603081

Visit Web Site

Board Leadership

David Steves
Chair

CEO

Joseph McKenna
President and CEO

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