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GREENWICH SYMPHONY ORCHESTRA INC

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Tax-exempt status may be revoked

GREENWICH SYMPHONY ORCHESTRA INC

EIN 06-6107766 · Arts, Culture & Humanities (A69Z)

What they do

THE GREENWICH SYMPHONY ORCHESTRA PRESENTS THE TRANSFORMATIVE POWER of MUSIC to A BROAD COMMUNITY AUDIENCE, PROVIDES INSPIRATIONAL MUSIC EDUCATION to THOUSANDS of STUDENTS, and CULTIVATES NEW WORKS, ARTISTS, and AUDIENCES.THE GSOS EDUCATIONAL OUTREACH PROGRAMS, INCLUDING THE POPULAR YOUNG PEOPLES CONCERTS, HAVE INSPIRED OVER 3,000 BUDDING MUSICIANS EACH YEAR, FOSTERING A LIFE-LONG INTEREST IN MUSIC.

Before you give

Should I give to this charity?

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Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

82.67%of revenue went to mission work72.7% of expenses · Program services
$113.65spent for every $100 of revenueSpending was higher than revenue this year.
30.97%of revenue went to management and office costs27.3% of expenses
$2.60in assets for every $1 spent this yearSome assets cannot be spent right away.
55.2%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $99,649 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $119,792 for SUZANNE LIO (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$730,131
Mission workProgram services$603,62882.67% of revenue72.7% of expenses
ManagementOffice and general costs$226,15230.97% of revenue27.3% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$829,780113.65% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 72.7% mission · 27.3% management · 0.0% fundraisingTotal expenses: 113.65% of revenue
2023Expense mix: 82.8% mission · 17.2% management · 0.0% fundraisingTotal expenses: 124.21% of revenue
2022Expense mix: 88.4% mission · 11.6% management · 0.0% fundraisingTotal expenses: 95.08% of revenue

Money in and money out

Revenue$730,131
Expenses$829,780
Annual shortfall $99,649 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$603,628 · 72.7% of expenses
Management and office costs$226,152 · 27.3% of expenses
See all reported dollar amounts
Revenue$730,131
Expenses$829,780
Assets$2,153,995
Income$973,776
Contributions$403,121
Mission work (program services)$603,628
Management and general$226,152
Stocks and bonds$2,094,521
Accounting fees$10,000
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
SUZANNE LIOEXECUTIVE DIRECTOR · 35 hrs/week $119,792

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

SUZANNE LIOEXECUTIVE DIRECTOR

ERIN FLYNNDEVELOPMENT COMMITTEE

FREDERICK WUTREASURER

JOSEPH WILLIAMSON JROPERATIONS

JUDY SOTOSECRETARY

LENORE DE CSEPELVICE CHAIRMAN

LESLIE TARKINGTONGOVERNANCE

STUART ADELBERGCHARIMAN

About this charity

Recognized since
January 1959
Location
PO BOX 35, GREENWICH, CT 06836
County
Fairfield
In care of
FREDERICK WU
Primary officer
FREDERICK WU, TREASURER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
THE PROFESSIONAL ASSOCIATES PC
NTEE classification
Arts, Culture & Humanities (A69Z)
Revocation date
November 15, 2021

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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