SHREVEPORT SYMPHONY INC Charity Report

Public IRS 990 nonprofit record

SHREVEPORT SYMPHONY INC

EIN 72-6001334 · Symphony Orchestras (A69)

What they do

THE MISSION of THE SHREVEPORT SYMPHONY, INC. is to PROVIDE CLASSICAL MUSIC to NORTHWEST LOUISIANA COMMUNITIES.THE SYMPHONY OFFERS DIVERSE PROGRAMS REPRESENTING THE COMMUNITY IT SERVES IN A SERIES of 8 SUBSCRIPTION CONCERTS and 4 CHAMBER MUSIC CONCERTS. IT ALSO PROVIDES MANY IN-DEPTH PROGRAMS for ELEMENTARY STUDENTS IN THE REGION, INCLUDING CONCERTS IN THE SCHOOLS and LARGER FORMAT CONCERTS AT CENTRAL LOCATIONS. THE SHREVEPORT SYMPHONY BROADCASTS ITS MASTER SERIES and OTHER SELECT CONCERTS ON PUBLIC RADIO VIA THE RED RIVER RADIO NETWORK.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $68.00 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 2023The report may be old. Ask for a newer one.

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

They name their leaders21 people are listed in the latest report.

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

Money made simple

70.16%of revenue went to mission work68.0% of expenses · Program services

$103.21spent for every $100 of revenueSpending was higher than revenue this year.

33.05%of revenue went to management and office costs32.0% of expenses

$1.31in assets for every $1 spent this yearSome assets cannot be spent right away.

61.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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 $42,668 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 2023

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$1,327,905

Mission workProgram services$931,70270.16% of revenue68.0% of expenses

ManagementOffice and general costs$438,87133.05% of revenue32.0% of expenses

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

Total expenses$1,370,573103.21% 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

2023CurrentExpense mix: 68.0% mission · 32.0% management · 0.0% fundraisingTotal expenses: 103.21% of revenue

2022Expense mix: 68.1% mission · 30.0% management · 1.9% fundraisingTotal expenses: 100.17% of revenue

2021Expense mix: 67.9% mission · 30.3% management · 1.8% fundraisingTotal expenses: 75.03% of revenue

2020Expense mix: 63.4% mission · 30.8% management · 5.8% fundraisingTotal expenses: 99.66% of revenue

2019Expense mix: 70.5% mission · 29.5% management · 0.0% fundraisingTotal expenses: 95.90% of revenue

2018Expense mix: 70.8% mission · 29.2% management · 0.0% fundraisingTotal expenses: 102.65% of revenue

2017Expense mix: 85.0% mission · 15.0% management · 0.0% fundraisingTotal expenses: 100.78% of revenue

2016Expense mix: 84.0% mission · 15.2% management · 0.8% fundraisingTotal expenses: 88.53% of revenue

Money in and money out

Revenue$1,327,905

Expenses$1,370,573

Annual shortfall $42,668 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)$931,702 · 68.0% of expenses

Management and office costs$438,871 · 32.0% of expenses

See all reported dollar amounts

Revenue$1,327,905

Expenses$1,370,573

Assets$1,791,458

Income$1,327,905

Contributions$810,181

Mission work (program services)$931,702

Management and general$438,871

People

Leadership and board

Tax year 2023

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 (21)

KNOX GOODMANDIRECTOR

WILLIAM SALEDIRECTOR

WENDELL RILEYDIRECTOR

STANLEY HANCOCKDIRECTOR

SHERRY PENDLEYDIRECTOR

ROBERT CRAWFORDDIRECTOR

REBECCA RADFORDDIRECTOR

NELL SHEHEEDIRECTOR

LORRAINE KRAJEWSKIDIRECTOR

LEIGH ANNE CHAMBERSPRESIDENT

LAURA MCLEMORESECRETARY

CHARLTON LYONS IVIMMEDIATE PAST PRESIDENT

JOHN PAUL YOUNGDIRECTOR

JOE RICEDIRECTOR

JERARD MARTINVICE PRESIDENT

JENNIFER ELLIOTTTREASURER

JAZMIN JERNIGANVICE PRESIDENT

HOLLY ROCADIRECTOR

DALILA SALAZARDIRECTOR

CONNOR PETERSONDIRECTOR

CHRIS FARRELLDIRECTOR

About this charity

Recognized since: January 2012
Location: P O BOX 205, SHREVEPORT, LA 71162
County: Caddo Parish
In care of: MORGAN WALKER
Primary officer: MORGAN WALKER, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(318) 222-7496

Filing and classification

Latest tax year: 2023
Tax period began: July 1, 2023
Return type: 990
Tax preparer: CRI ADVISORS LLC
NTEE classification: Symphony Orchestras (A69)
IRS tax category: Symphony Orchestras