VIRGINIA SYMPHONY ORCHESTRA
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$6,261,525
Contributions
46%
Program Services
40%
Government Grants
8%
Other
6%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$8,246,550
Salaries & Benefits
66%
Other
15%
Offices, Occupancy & IT
8%
Grants
4%
Fees to Service Providers
4%
Advertising & Promotion
3%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$3,410,514
$2,856,489
-16%
Government Grants
$541,239
$524,759
-3%
Fundraising Events
$212,433
$0
-100%
Program Services
$2,399,038
$2,483,060
+4%
Membership Dues
$0
$0
-
Investments
$107,528
$6,685
-94%
Other
$160,870
$390,532
+143%
Total Revenues
$6,831,622
$6,261,525
-8%
Expenses
2023
2024
Change
Grants
$1,481,351
$365,742
-75%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,344,775
$5,441,333
+2%
Fees to Service Providers
$529,588
$350,682
-34%
Advertising & Promotion
$253,999
$233,088
-8%
Offices, Occupancy & IT
$565,562
$621,526
+10%
Interest
$2,679
$2,479
-7%
Depreciation
$32,392
$24,945
-23%
Other
$1,063,208
$1,206,755
+14%
Total Expenses
$9,273,554
$8,246,550
-11%
Net income
2023
2024
Change
Net income
-$2,441,932
-$1,985,025
+19%
Functional Expenses
Summary
2023
2024
Change
Program
$7,821,502
$6,612,720
-15%
Admin
$1,056,773
$1,147,283
+9%
Fundraising
$395,279
$486,547
+23%
Total Expenses
$9,273,554
$8,246,550
-11%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)