philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Des Moines Symphony Association Foundation

Tax-deductible

Des Moines, IA501(c)(3)Since 1983EIN 42-1246575

This page gets seen. Tell your story. Claim this org.

The Foundation was established to provide financial assistance to the Des Moines Symphony Association to allow the Association to achieve both immediate and long-term goals. The Foundation is intended to be a permanent endowment fund that will support the continuing viability of the Association in perpetuity by providing a consistent, meaningful, annual contribution toward the operations of the Association.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Run by 13 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $1.8M a year · 64% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $106K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$308K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
+46% vs prior year
Spent
$1.3M
To programs
95%
Net assets
$19.7M
By yearFY2020–FY2024
Revenue
$1.3M
FY2024▲ +46%
Revenue by fiscal year
FY2020$2.3M
FY2021$1.6M
FY2022$8.4M
FY2023$656K
FY2024$901K
FY2024$1.3M
Expenses
$1.3M
FY2024▲ +5%
Expenses by fiscal year
FY2020$932K
FY2021$575K
FY2022$1.1M
FY2023$1.1M
FY2024$1.3M
FY2024$1.3M
Net assets
$19.7M
FY2024▲ +5%
Net assets by fiscal year
FY2020$8.9M
FY2021$10.9M
FY2022$16.4M
FY2023$17.4M
FY2024$18.7M
FY2024$19.7M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1985.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $1.3M Management & general 5% · $73K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation
Amy Beattie
President
$0Pt VII · Sec A
Ashlee Vieregger
Vice President / President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Stacey Horst
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Des Moines Symphony Association Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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 15aNo

Programs and updates

Provides financial aid to the Des Moines Symphony Association.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $1.3M · in their own filed words · FY2024
01

Provide financial support to the des moines symphony association.

$1.3Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Community Fdn of Greater Des MoinesFY2024$93K
American Online Giving Foundation INCFY2024$12K
Total grants receivedfrom 2 funders$106K
Grants paid · 5 grants · $5.3M · 2019–2024
Des Moines Symphony AssociationIA · FY2024$1,273,957
Des Moines Symphony AssociationIA · FY2023$1,211,689
Des Moines Symphony AssociationIA · FY2022$1,058,300
Des Moines Symphony AssociationIA · FY2021$961,463
Des Moines Symphony AssociationIA · FY2019$758,418

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.3M
Ln 12
Investment incomeLn 3$1.1M
Gifts and grantsLn 1h$191K
Money outPt IX
$1.3M
Ln 25
Programscol B$1.3M
Managementcol C$73K
Owns and owesPt X
$19.7M
net assets · Ln 32
Cash and savingsLn 1–2$323K
Total assetsLn 16$20.0M
LiabilitiesLn 26$308K
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$191K
Investment incomeLn 3$1.1M
Gains on assetsLn 7$763K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$323K
Cash and savings togetherLn 1–2$323K
InvestmentsLn 11–13$12.7M
Other assetsLn 15$6.9M
Total assetsLn 16$20.0M
LiabilitiesLn 26$308K
Net assetsLn 32$19.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$369K$323K
InvestmentsLn 11–13$12.0M$12.7M
Total assetsLn 16$19.2M$20.0M
LiabilitiesLn 26$495K$308K
Net assetsLn 32$18.7M$19.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.3M$1.3M
Accounting feesLn 11c$16K$16K
Investment management feesLn 11f$53K$53K
Advertising and promotionLn 12$2K$2K
InsuranceLn 23$990$990
Other expenses (24a–d)Ln 24$368$368
Total functional expensesLn 25$1.3M$1.3M$73K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $901K$1.3M−$381K$18.7M 990 PDF
FY2023 $656K$1.1M−$467K$17.4M 990 PDF
FY2022 $8.4M$1.1M$7.4M$16.4M 990 PDF
FY2021 $1.6M$575K$1.0M$10.9M 990 PDF
FY2020 $2.3M$932K$1.3M$8.9M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (5 parts)
Part I · Summary $1,314,296 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $282,472$190,688
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $618,077$1,123,608
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $900,549$1,314,296
I-13 Grants and similar amounts paidPrior year $1,211,689$1,273,957
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $69,601$72,779
I-18 Total expensesPrior year $1,281,290$1,346,736
I-19 Revenue less expensesPrior year −$380,741−$32,440
Part VIII · Statement of revenue $1,314,296 across 5 lines filed
VIII-1f All other contributions, gifts and grants$190,688
VIII-1h Total contributions, gifts and grants$190,688
VIII-3 Investment incomeExcluded from tax $360,876$360,876
VIII-7 Net gain or loss on sales of assetsExcluded from tax $762,732$762,732
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,123,608$1,314,296
Part IX · Statement of functional expenses $1,346,736 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $1,273,957$1,273,957
IX-11c Accounting feesManagement $15,700$15,700
IX-11f Investment management feesManagement $53,421$53,421
IX-12 Advertising and promotionManagement $2,300$2,300
IX-23 InsuranceManagement $990$990
IX-24 Other expenses (24a–d)Management $368$368
IX-25 Total functional expensesPrograms $1,273,957 · Management $72,779 · Fundraising $0$1,346,736
Part X · Balance sheet $19,994,646 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $369,415$323,318
X-3 Pledges and grants receivableStart of year $425,397$11,000
X-11 Publicly traded securitiesStart of year $12,009,294$12,721,505
X-15 Other assetsStart of year $6,380,944$6,938,823
X-16 Total assetsStart of year $19,185,050$19,994,646
X-17 Accounts payable and accrued expensesStart of year $495,333$307,716
X-26 Total liabilitiesStart of year $495,333$307,716
X-27 Net assets without donor restrictionsStart of year $8,165,863$9,028,499
X-28 Net assets with donor restrictionsStart of year $10,523,854$10,658,431
X-32 Total net assets or fund balancesStart of year $18,689,717$19,686,930
X-33 Total liabilities and net assetsStart of year $19,185,050$19,994,646
Part XI · Reconciliation of net assets $19,686,930 net assets at year end
XI-1 Total revenue$1,314,296
XI-2 Total expenses$1,346,736
XI-3 Revenue less expenses−$32,440
XI-4 Net assets at start of year$18,689,717
XI-5 Net unrealized gains (losses) on investments$222,646
XI-9 Other changes in net assets$807,007
XI-10 Net assets at end of year$19,686,930

Form 990 e-file (XML) FY2024 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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.