SANTA BARBARA SYMPHONY ORCHESTRA ENDOWMENT TRUST Charity Report

Tax-exempt status may be revoked

SANTA BARBARA SYMPHONY ORCHESTRA ENDOWMENT TRUST

EIN 95-6542234 · Symphony Orchestras

What they do

THE SANTA BARBARA SYMPHONY ENDOWMENT TRUST MANAGES THE INVESTMENTS for THE SANTA BARBARA SYMPHONY ENDOWMENT IN ORDER to PROVIDE GENERAL SUPPORT for THE SANTA BARBARA SYMPHONY ORCHESTRA ASSOCIATION.

Before you give

Should I give to this charity?

Easy charity check

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 2015The 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 leaders8 people are listed in the latest report.

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

Money made simple

183.28%of revenue went to mission work87.7% of expenses · Program services

$208.92spent for every $100 of revenueSpending was higher than revenue this year.

25.64%of revenue went to management and office costs12.3% of expenses

$18.71in assets for every $1 spent this yearSome assets cannot be spent right away.

50.5%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 $155,381 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $13,265 for DAVID PRATT (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 2015

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$142,659

Mission workProgram services$261,461183.28% of revenue87.7% of expenses

ManagementOffice and general costs$36,57925.64% of revenue12.3% of expenses

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

Total expenses$298,040208.92% of revenue

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

Money in and money out

Revenue$142,659

Expenses$298,040

Annual shortfall $155,381 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)$261,461 · 87.7% of expenses

Management and office costs$36,579 · 12.3% of expenses

See all reported dollar amounts

Revenue$142,659

Expenses$298,040

Assets$5,576,597

Income$1,383,954

Contributions$72,000

Mission work (program services)$261,461

Management and general$36,579

Stocks and bonds$4,015,707

Accounting fees$3,500

Investing fees$33,079

People

Leadership and board

Tax year 2015

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

People reported as paid

Person and titleCompensation

DAVID PRATTEXECUTIVE DIRECTOR · 2 hrs/week $13,265Base · Other $13,265

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)

DAVID PRATTEXECUTIVE DIRECTOR

AC MOORETRUSTEE

BRETT MOORECHAIR

DOUGLAS MCCARTNEYTRUSTEE

GREGG HACKETHALTRUSTEE

JIM FRANZENTRUSTEE

RICHARD ABERLETRUSTEE

SANDRA CHANCOUNSEL

About this charity

Location: 1330 STATE STREET, SANTA BARBARA, CA 93101
County: Santa Barbara
In care of: BRETT MOORE
Primary officer: BRETT MOORE, TRUSTEE

How to reach them

Phone(805) 898-9386

Filing and classification

Latest tax year: 2015
Tax period began: July 1, 2015
Return type: 990
Tax preparer: MACFARLANE FALETTI & CO LLP
IRS tax category: Symphony Orchestras
Revocation date: November 15, 2021