Logo for "MARYLAND SYMPHONY ORCHESTRA INC"

MARYLAND SYMPHONY ORCHESTRA INC

MARYLAND SYMPHONY ORCHESTRA INC

HAGERSTOWN, MD, US
501(c)(3)
EIN
52-1259358
Logo for "MARYLAND SYMPHONY ORCHESTRA INC"

MARYLAND SYMPHONY ORCHESTRA INC

HAGERSTOWN, MD, US
501(c)(3)
EIN
52-1259358

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$1,838,132

Contributions
40%
Other
27%
Program Services
20%
Government Grants
7%
Investments
5%
Fundraising Events
1%
Membership Dues
0%
Expenses in 2024

$1,570,143

Salaries & Benefits
64%
Other
20%
Offices, Occupancy & IT
6%
Fees to Service Providers
5%
Advertising & Promotion
3%
Depreciation
2%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$512,554
$743,971
+45%
Government Grants
$405,389
$129,621
-68%
Fundraising Events
$27,860
$18,640
-33%
Program Services
$459,642
$362,758
-21%
Membership Dues
$0
$0
-
Investments
$80,938
$88,082
+9%
Other
$193,228
$495,060
+156%
Total Revenues
$1,679,611
$1,838,132
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,068,654
$1,000,944
-6%
Fees to Service Providers
$84,273
$76,370
-9%
Advertising & Promotion
$87,994
$41,414
-53%
Offices, Occupancy & IT
$98,851
$97,060
-2%
Interest
$4,080
$3,980
-2%
Depreciation
$27,019
$28,544
+6%
Other
$363,847
$321,831
-12%
Total Expenses
$1,734,718
$1,570,143
-9%
Net income
2023
2024
Change
Net income
-$55,107
+$267,989
-586%
Functional Expenses
Summary
2023
2024
Change
Program
$1,028,604
$877,041
-15%
Admin
$591,400
$607,938
+3%
Fundraising
$114,714
$85,164
-26%
Total Expenses
$1,734,718
$1,570,143
-9%
Income Statement
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