ALLENTOWN SYMPHONY ASSOCIATION INC

Income Statement
Fiscal Year Start:
Jun 1
Revenues in 2024
$4,326,486
Contributions
49%
Program Services
19%
Government Grants
14%
Investments
10%
Other
7%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$4,606,001
Salaries & Benefits
54%
Other
25%
Depreciation
7%
Fees to Service Providers
5%
Advertising & Promotion
4%
Offices, Occupancy & IT
4%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,801,336
$2,115,786
+17%
Government Grants
$512,500
$609,185
+19%
Fundraising Events
$47,458
$42,377
-11%
Program Services
$479,341
$830,816
+73%
Membership Dues
$0
$0
-
Investments
$333,698
$416,989
+25%
Other
$308,146
$311,333
+1%
Total Revenues
$3,482,479
$4,326,486
+24%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,140,603
$2,506,465
+17%
Fees to Service Providers
$175,373
$212,671
+21%
Advertising & Promotion
$98,832
$196,241
+99%
Offices, Occupancy & IT
$171,712
$187,705
+9%
Interest
$10,942
$12,304
+12%
Depreciation
$334,745
$336,276
+0%
Other
$863,303
$1,154,339
+34%
Total Expenses
$3,795,510
$4,606,001
+21%
Net income
2023
2024
Change
Net income
-$313,031
-$279,515
+11%
Functional Expenses
Summary
2023
2024
Change
Program
$3,236,546
$3,911,365
+21%
Admin
$424,438
$536,523
+26%
Fundraising
$134,526
$158,113
+18%
Total Expenses
$3,795,510
$4,606,001
+21%
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