Asheville Symphony Society Inc
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$2,925,472
Contributions
57%
Program Services
31%
Other
7%
Government Grants
2%
Investments
2%
Membership Dues
<1%
Fundraising Events
<1%
Expenses in 2024
$2,759,745
Salaries & Benefits
54%
Other
17%
Offices, Occupancy & IT
12%
Fees to Service Providers
11%
Advertising & Promotion
6%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,355,888
$1,663,304
+23%
Government Grants
$174,162
$72,000
-59%
Fundraising Events
$181,533
$5,122
-97%
Program Services
$818,356
$895,002
+9%
Membership Dues
$23,080
$24,113
+4%
Investments
$30,978
$52,940
+71%
Other
$193,220
$212,991
+10%
Total Revenues
$2,777,217
$2,925,472
+5%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,174,076
$1,485,349
+27%
Fees to Service Providers
$298,102
$308,975
+4%
Advertising & Promotion
$201,087
$166,664
-17%
Offices, Occupancy & IT
$309,421
$322,461
+4%
Interest
$0
$0
-
Depreciation
$15,674
$18,388
+17%
Other
$442,647
$457,908
+3%
Total Expenses
$2,441,007
$2,759,745
+13%
Net income
2023
2024
Change
Net income
+$336,210
+$165,727
-51%
Functional Expenses
Summary
2023
2024
Change
Program
$1,174,584
$1,602,575
+36%
Admin
$768,681
$697,783
-9%
Fundraising
$497,742
$459,387
-8%
Total Expenses
$2,441,007
$2,759,745
+13%
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