Salisbury Symphony INC FY2022 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

To educate, entertain, inspire, engage and enrich our community through orchestral music and other musical performances of the highest quality

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$40K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $76K a year · 17% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$40K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
30 mo
of spending, in cash
Looks good: 30.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $384K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$26K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$206K
-43% vs prior year
Spent
$367K
To programs
87%
Net assets
$903K
By yearFY2021–FY2025
Revenue
$206K
FY2022▼ -43%
Tap a bar for its year
Revenue by fiscal year
FY2021$362K
FY2022$206K
FY2023$376K
FY2024$771K
FY2025$579K
Expenses
$367K
FY2022▲ +89%
Tap a bar for its year
Expenses by fiscal year
FY2021$194K
FY2022$367K
FY2023$503K
FY2024$936K
FY2025$672K
Net assets
$903K
FY2022▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.1M
FY2022$903K
FY2023$776K
FY2024$607K
FY2025$514K

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1974.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $320K Management & general 9% · $34K Fundraising 4% · $14K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

19 people listed on the 990; $40K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Di
$40,000Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

William M Bucher’s $34K as Interim Exec Director is at the 29th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Hunter Safrit$20,000$55,000$40,000$40,000$40,000
William M Bucher$34,091————
Peter Ferretti$5,625————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Salisbury Symphony INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Presents high-quality orchestral and musical performances to educate, entertain, and enrich the community.

Questions for Salisbury Symphony INC

Tap to ask. Salisbury Symphony INC sees how many people are interested.

Your first name shows with your question. Salisbury Symphony INC answers here, for everyone.

1 program · $320K · in their own filed words · FY2021
01

Educated, entertained, inspired, encouraged and enriched the community through orchestral music and other musical performances.

$320Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$384K
See all 4 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$206K
Ln 12
Gifts and grantsLn 1h$168K
Fees for servicesLn 2g$120K
Investment incomeLn 3−$79K
Money outPt IX
$367K
Ln 25
Programscol B$320K
Managementcol C$34K
Fundraisingcol D$14K
Owns and owesPt X
$903K
net assets · Ln 32
Cash and savingsLn 1–2$926K
Total assetsLn 16$929K
LiabilitiesLn 26$26K
PeoplePt VI, VII
19
listed · VII A
PaidVII A1
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$168K
Government grantsLn 1e$42K
Fees for servicesLn 2g$120K
Investment incomeLn 3−$79K
Total revenueLn 12$206K
Assets in detailPt X, end of year
CashLn 1$58K
SavingsLn 2$868K
Cash and savings togetherLn 1–2$926K
Total assetsLn 16$929K
LiabilitiesLn 26$26K
Net assetsLn 32$903K
OperationsPt I, VI
EmployeesI 52
VolunteersI 6300
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.1M$926K
Total assetsLn 16$1.1M$929K
LiabilitiesLn 26$22K$26K
Net assetsLn 32$1.1M$903K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$40K$20K$10K$10K
Other salaries and wagesLn 7$25K$25K
Other employee benefitsLn 9$9K$6K$1K$1K
Payroll taxesLn 10$6K$5K$874$874
Accounting feesLn 11c$6K$6K
Investment management feesLn 11f$7K$7K
Other fees for servicesLn 11g$171K$171K
Advertising and promotionLn 12$14K$14K
Office expensesLn 13$4K$2K$1K$478
OccupancyLn 16$6K$5K$895$897
Conferences, conventions and meetingsLn 19$503$503
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$74K$70K$4K
All other expensesLn 24e$869$851$9$9
Total functional expensesLn 25$367K$320K$34K$14K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 14, 2025 $579K$672K−$93K$514K 990 PDF
FY2024Filed with the IRS Feb 8, 2025 $771K$936K−$165K$607K 990 PDF
FY2023Filed with the IRS Feb 16, 2024 $376K$503K−$127K$776K 990 PDF
FY2022 ViewingFiled with the IRS Dec 9, 2022 $206K$367K−$161K$903K 990 PDF
FY2021Filed with the IRS Nov 15, 2021 $362K$194K$168K$1.1M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $205,553 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $184,074$167,670
I-9 Program service revenuePrior year $10,701$120,036
I-10 Investment incomePrior year $150,101−$79,313
I-11 Other revenuePrior year $17,411−$2,840
I-12 Total revenuePrior year $362,287$205,553
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $77,331$80,490
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $116,642$286,517
I-18 Total expensesPrior year $193,973$367,007
I-19 Revenue less expensesPrior year $168,314−$161,454
Part VI · Governance 18 of 18 board members independent, 1 to look at
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $205,553 across 7 lines filed
VIII-1e Government grants$41,591
VIII-1f All other contributions, gifts and grants$126,079
VIII-1h Total contributions, gifts and grants$167,670
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $120,036$120,036
VIII-3 Investment incomeExcluded from tax −$79,313−$79,313
VIII-8 Net income from fundraising eventsExcluded from tax −$2,840−$2,840
VIII-12 Total revenueRelated to mission $120,036 · Excluded from tax −$82,153$205,553
Part IX · Statement of functional expenses $367,007 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $20,000 · Management $10,000 · Fundraising $10,000$40,000
IX-7 Other salaries and wagesPrograms $25,200$25,200
IX-9 Other employee benefitsPrograms $6,494 · Management $1,243 · Fundraising $1,243$8,980
IX-10 Payroll taxesPrograms $4,562 · Management $874 · Fundraising $874$6,310
IX-11c Accounting feesManagement $6,000$6,000
IX-11f Investment management feesManagement $7,426$7,426
IX-11g Other fees for servicesPrograms $171,284$171,284
IX-12 Advertising and promotionPrograms $13,982$13,982
IX-13 Office expensesPrograms $2,493 · Management $1,459 · Fundraising $478$4,430
IX-16 OccupancyPrograms $4,673 · Management $895 · Fundraising $897$6,465
IX-19 Conferences, conventions and meetingsManagement $503$503
IX-23 InsuranceManagement $1,582$1,582
IX-24 Other expenses (24a–d)Programs $70,175 · Management $3,801$73,976
IX-24e All other expensesPrograms $851 · Management $9 · Fundraising $9$869
IX-25 Total functional expensesPrograms $319,714 · Management $33,792 · Fundraising $13,501$367,007
Part X · Balance sheet $928,976 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $50,035$58,218
X-2 Savings and temporary cash investmentsStart of year $1,031,216$867,836
X-4 Accounts receivableStart of year $849$568
X-9 Prepaid expenses and deferred chargesStart of year $3,893$2,354
X-16 Total assetsStart of year $1,085,993$928,976
X-17 Accounts payable and accrued expensesStart of year $1,976$6,057
X-19 Deferred revenueStart of year $19,879$20,236
X-26 Total liabilitiesStart of year $21,855$26,293
X-27 Net assets without donor restrictionsStart of year $180,828−$128,533
X-28 Net assets with donor restrictionsStart of year $883,310$1,031,216
X-32 Total net assets or fund balancesStart of year $1,064,138$902,683
X-33 Total liabilities and net assetsStart of year $1,085,993$928,976
Part XI · Reconciliation of net assets $902,683 net assets at year end
XI-1 Total revenue$205,553
XI-2 Total expenses$367,007
XI-3 Revenue less expenses−$161,454
XI-4 Net assets at start of year$1,064,138
XI-9 Other changes in net assets−$1
XI-10 Net assets at end of year$902,683

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.