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BALTIMORE SYMPHONY ENDOWMENT TRUST

BALTIMORE SYMPHONY ENDOWMENT TRUST

Baltimore, MD, US
501(c)(3)
EIN
77-0659339
Single Organization Support
Regional Funder
funder logo

BALTIMORE SYMPHONY ENDOWMENT TRUST

Baltimore, MD, US
501(c)(3)
EIN
77-0659339
Single Organization Support
Regional Funder

Income Statement

Fiscal Year Start:
Sep 1
Revenues in 2024

$16,704,422

Contributions
52%
Other
34%
Investments
14%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$12,506,863

Grants
68%
Other
15%
Depreciation
9%
Fees to Service Providers
3%
Salaries & Benefits
2%
Interest
2%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,201,904
$8,674,400
+622%
Government Grants
$1,850,000
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,650,426
$2,314,231
-13%
Other
$2,288,500
$5,715,791
+150%
Total Revenues
$7,990,830
$16,704,422
+109%
Expenses
2023
2024
Change
Grants
$3,550,000
$8,560,000
+141%
Benefits to Members
$0
$0
-
Salaries & Benefits
$256,680
$297,343
+16%
Fees to Service Providers
$285,767
$381,432
+33%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$598
$338
-43%
Interest
$189,076
$220,611
+17%
Depreciation
$1,227,552
$1,118,634
-9%
Other
$677,783
$1,928,505
+185%
Total Expenses
$6,187,456
$12,506,863
+102%
Net income
2023
2024
Change
Net income
+$1,803,374
+$4,197,559
+133%
Functional Expenses
Summary
2023
2024
Change
Program
$4,781,825
$9,678,634
+102%
Admin
$1,405,631
$2,828,229
+101%
Fundraising
$0
$0
-
Total Expenses
$6,187,456
$12,506,863
+102%
Income Statement
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