Disable all preview features

Arts, Culture, Humanities : Performing Arts

Charlotte Symphony Orchestra

Performing a broad range of orchestral music at the highest standards

two stars

75.39

128 South Tryon Street Suite 350
Charlotte, NC 28202
tel: (704) 972-2003   Web Site
EIN: 56-6011568

Board Leadership
Derek Raghavan
Chairperson

CEO
Michelle Hamilton
Interim President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 75.39 two stars
  Financial 66.13 one star
  Accountability & Transparency 92.00 four stars
This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Charlotte Symphony Orchestra believes that orchestral music nurtures the human spirit and is integral to the preservation and development of our American culture. It is our mission to perform a broad range of this music, including appropriate genres of American traditional and popular music, at the highest possible professional standards consistent with fiscal responsibility. The Charlotte Symphony will be a highly respected, financially sound, and valued arts organization whose performances will enrich, inspire, entertain, educate, and develop large and diverse audiences of all ages.

The Charlotte Symphony Orchestra believes that orchestral music nurtures the human spirit and is integral to the preservation and development of our American culture. It is our mission to perform a broad range of this music, including appropriate genres of American traditional and popular music, at the highest possible professional standards consistent with fiscal responsibility. The Charlotte Symphony will be a highly respected, financially sound, and valued arts organization whose performances will enrich, inspire, entertain, educate, and develop large and diverse audiences of all ages.

Impact Information

data icon Looking for Impact Information?

Charity Navigator is collaborating with GuideStar, GlobalGiving, Classy, and ImpactMatters to display impact-related information on our rated profile pages. Each partner collects this data directly from nonprofits and provides updates to Charity Navigator when available.

If you are interested in seeing this charity provide its impact information, please click below. This will indicate your interest and encourage the nonprofit to share data with partners that are currently collecting information.

Financial

one star

66.13

Accountability & Transparency

four stars

92.00

This rating was published 10/01/2019 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)
70.2%
  Administrative Expenses 22.2%
  Fundraising Expenses 7.5%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) < 0.01
  Program Expenses Growth -2.6%
  Liabilities to Assets 21.3%
All data for Financial Performance Metrics calculations was provided by Charlotte Symphony Orchestra on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Charlotte Symphony Orchestra on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Charlotte Symphony Orchestra (NC) 75.39 two stars
Memphis Symphony Orchestra (TN) 88.82 three stars
Midland-Odessa Symphony & Chorale (TX) 90.14 four stars
Orlando Philharmonic Orchestra (FL) 86.43 three stars
Chamber Music Society of Lincoln Center (NY) 90.95 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,226,581
   Federated Campaigns $676,443
   Membership Dues $0
   Fundraising Events $300,433
   Related Organizations $0
   Government Grants $95,000
Total Contributions $7,298,457
   Program Service Revenue $3,535,267
Total Primary Revenue $10,833,724
   Other Revenue $146,004
TOTAL REVENUE $10,979,728
   
EXPENSES  
   Program Expenses $6,727,508
   Administrative Expenses $2,592,978
   Fundraising Expenses $752,119
TOTAL FUNCTIONAL EXPENSES $10,072,605
   
Payments to Affiliates $0
Excess (or Deficit) for the year $907,123
   
Net Assets $9,556,749

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
Orchestral Performances $6,410,145 95.3%
Youth Orchestras $260,461 3.9%
Education $56,902 0.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 10/01/2019 75.39 two stars
2017-06 02/01/2019 76.92 two stars
2016-06 12/22/2017 82.09 three stars
2015-06 11/01/2016 77.76 two stars
2014-06 06/01/2016 82.22 three stars
 
CN 2.0
2014-06 11/01/2015 77.02 two stars
2013-06 09/01/2014 85.34 three stars
2012-06 09/01/2013 81.58 three stars
2011-06 09/01/2012 82.32 three stars
2010-06 11/01/2011 74.54 two stars
2009-06 09/20/2011 80.00 three stars
 
CN 1.0
2009-06 12/22/2010 76.02 two stars
2008-06 12/01/2009 73.92 two stars
2007-06 09/01/2008 71.95 two stars
2006-06 07/01/2007 68.83 one star
2005-06 07/01/2006 68.15 one star
2004-06 07/01/2005 69.07 one star
2003-06 08/01/2004 84.08 three stars
2002-06 02/01/2004 87.74 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 56-6011568
Name in IRS Master File CHARLOTTE SYMPHONY ORCHESTRA SOCIETY INC
NTEE Code A69
NTEE Classification Symphony Orchestras
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
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 December, 1959
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
$243,901 2.42% Mary Deissler President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Charlotte Symphony Orchestra (NC) 75.39 two stars
Nashville Symphony (TN) 88.83 three stars
The Los Angeles Philharmonic (CA) 91.95 four stars
Princeton Symphony Orchestra (NJ) 93.93 four stars
Empire State Youth Orchestra (NY) 86.22 three stars

Compare These Charities (Highly Rated)

Are you the representative for this organization? If so, click here to access the application form. As an official representative you will have the ability to update some of the information on this page.

Charity Contact Info

Charlotte Symphony Orchestra
128 South Tryon Street
Suite 350
Charlotte, NC 28202
tel: (704) 972-2003
fax: (704) 972-2011
EIN: 56-6011568

Visit Web Site

Board Leadership

Derek Raghavan
Chairperson

CEO

Michelle Hamilton
Interim President, CEO

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.