SYRACUSE SYMPHONY FOUNDATION INC C/O LYNN DELIA TEMES & STANCZYK LLC Charity Report

Public IRS 990 nonprofit record

SYRACUSE SYMPHONY FOUNDATION INC C/O LYNN DELIA TEMES & STANCZYK LLC

EIN 22-2172591 · Single Organization Support (A11)

What they do

THE FOUNDATION INVESTS and MANAGES FUNDS and ASSETS for THE PURPOSE of SUPPORTING THE PRESENTATION of SYMPHONY ORCHESTRA MUSIC IN THE CENTRAL NEW YORK REGION, INITIALLY THE SUPPORT of THE ACTIVITIES of THE SYRACUSE SYMPHONY ORCHESTRA, INC. AS A FULL-TIME PROFESSIONAL SYMPHONY ORCHESTRA. THE FOUNDATION CURRENTLY ONLY SUPPORTS MUSICAL ASSOCIATES of CENTRAL NEW YORK, INC.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 checkNo IRS revocation warning appears in this data.

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 leaders7 people are listed in the latest report.

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

Money made simple

156.56%of revenue went to mission work90.6% of expenses · Program services

$172.72spent for every $100 of revenueSpending was higher than revenue this year.

16.16%of revenue went to management and office costs9.4% of expenses

$27.38in assets for every $1 spent this yearSome assets cannot be spent right away.

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

Worth asking: Expenses exceeded revenue by $238,186 this year. Ask whether that was planned or caused by a one-time event.

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.

$100revenue

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$327,538

Mission workProgram services$512,784156.56% of revenue90.6% of expenses

ManagementOffice and general costs$52,94016.16% of revenue9.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$565,724172.72% 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: 90.6% mission · 9.4% management · 0.0% fundraisingTotal expenses: 172.72% of revenue

2023Expense mix: 90.9% mission · 9.1% management · 0.0% fundraisingTotal expenses: 184.64% of revenue

2021Expense mix: 89.4% mission · 10.6% management · 0.0% fundraisingTotal expenses: 184.29% of revenue

2020Expense mix: 91.5% mission · 8.5% management · 0.0% fundraisingTotal expenses: 273.62% of revenue

2019Expense mix: 89.6% mission · 10.4% management · 0.0% fundraisingTotal expenses: 202.42% of revenue

2018Expense mix: 93.6% mission · 6.4% management · 0.0% fundraisingTotal expenses: 286.89% of revenue

2016Expense mix: 94.4% mission · 5.6% management · 0.0% fundraisingTotal expenses: 131.88% of revenue

2015Expense mix: 96.5% mission · 3.5% management · 0.0% fundraisingTotal expenses: 204.41% of revenue

Money in and money out

Revenue$327,538

Expenses$565,724

Annual shortfall $238,186 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)$512,784 · 90.6% of expenses

Management and office costs$52,940 · 9.4% of expenses

See all reported dollar amounts

Revenue$327,538

Expenses$565,724

Assets$15,490,995

Income$327,538

Mission work (program services)$512,784

Grants given$2,991,533

Average grant$498,589

Management and general$52,940

Stocks and bonds$14,680,999

Accounting fees$4,870

Investing fees$46,807

People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (7)

ALICE KENDRICKSECRETARY

BILL BYRNEDIRECTOR

DAVID A A RIDINGSCHAIRMAN

ELSA SODERBERGDIRECTOR

GARY GROSSMANDIRECTOR

PAUL DRESCHERDIRECTOR

STEPHEN CHASETREASURER

About this charity

Recognized since: January 1978
Location: 449 S SALINA STREET, SYRACUSE, NY 13202-2450
County: Onondaga
In care of: % GREEN AND SEIFTER ATTORNEYS PLLC
Primary officer: DAVID A A RIDINGS, BOARD OFFICER

How to reach them

Phone(315) 476-1010

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: DARCANGELO AND CO LLP
NTEE classification: Single Organization Support (A11)
IRS tax category: Single Organization Support
Grant-giving organization: Yes