Augusta Symphony INC EIN 58-1806334

Augusta Symphony INC FY2020 filing

Not yet claimed Claim this org →

Shares the joy of great musical performances with audiences. For fiscal year 2020 it reported $3.1M in revenue, $3.8M in expenses, and $17.8M in net assets.Pt I

Founded
1989
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Augusta, GA
Website
www.augustasymphony.com
Filings
5 on file (2020–2020)
Revenue
$3.1MFY2020
Expenses
$3.8M
Net assets
$17.8M
People
46
Filings
5
Updates
0
More identity details & actions ⌄
EIN  58-1806334 Public charity (501(c)(3)) Augusta, GA Founded 1989
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Figures match the IRS filing checked 8/30/26 · see original: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Augusta Symphony INC claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Shares the joy of great musical performances with audiences.
Leadership
Anne Catherine Murray · Executive Di · $90K
Money in and out
$3.1M revenue, $3.8M expenses
Bottom line
46% program efficiency
Where the money goes · FY2020
Total revenue
$3.1M
Pt VIII · Ln 12
Total expenses
$3.8M
Pt IX · Ln 25
Net assets
$17.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$645K
Where spending went · Part IX cols B–D
Program services $0.46 Management & general $0.49 Fundraising $0.05
Program efficiency
46%
of spending reaches programs
Operating runway
7.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-21%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$3.1M
FY2020
Expenses
$3.8M
FY2020
Total assets
$18.9M
FY2020
Total liabilities
$1.1M
FY2020
Total revenue
$3.1M
Pt VIII · Ln 12
Total expenses
$3.8M
Pt IX · Ln 25
Net assets
$17.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$645K
Total assetsPt X · Ln 16$18.9M
Program-expense ratioPt IX · col B46%
Voting members of governing bodyPt I · Ln 346
Independent voting membersPt I · Ln 445
Mission & Programs · Part III

Where the work happens

1 program service account for $1.8M of program spending, described in the organization's own filed words · FY2019.
01

Provided symphony concerts and promoted music awareness and education in the augusta and aiken communities throughout the year.

$1.8Mprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAugusta Symphony INC
EINHdr · item D58-1806334
Principal addressHdr · item CAugusta, GA
WebsiteHdr · item Jwww.augustasymphony.com
Year of formationHdr · item L1989
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A690)
Ruling yearIRS BMFMar 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a46
Independent voting membersPt VI · Ln 1b45
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$89,905Pt VII · Sec A
Music Direct
$78,353Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

David Watts’s $126K as Miller Ex. D is at the 52nd percentile of top reported officer pay among 3916 $1–10M 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 · 6 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
David Watts$125,962$125,962
Anne Catherine Murray$121,088$123,928$101,987$89,905
Paige Tom$109,261$109,261
Dirk Meyer$91,401$91,401$86,570$83,763
Mr Dirk Meyer$81,852$78,353
Becky Dearden$47,548

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 Augusta Symphony INC executive salaries →

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

Statement of Revenue

Part VIII
Program service revenue$2.2M · 69%
Contributions & grants$875K · 28%
Other revenue$86K · 3%
Program service revenue69%$2.2M
Contributions & grants28%$875K
Other revenue3%$86K
Investment income$3K
— government grantsLn 1e$15K
Total revenueLn 12$3.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.46 Management & general $0.49 Fundraising $0.05
Program services46%$1.8M
Management & general49%$1.9M
Fundraising5%$172K
Total functional expensesLn 25$3.8M

Balance Sheet

Part X · end of year
CashLn 1$1.5M
Total assetsLn 16$18.9M
Total liabilitiesLn 26$1.1M
Total net assetsLn 32$17.8M
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.3M · Operating expenses/yr $3.8M
7.4 months
Where the money goes
Program services
Program services $1.8M · Total expenses $3.8M
46%
Management & General
Management & general $1.9M · Total expenses $3.8M
49%
Fundraising
Fundraising $172K · Total expenses $3.8M
5%
Cost to raise $1
Fundraising expense $172K · Solicited contributions $860K
$0.20 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $875K · Total revenue $3.1M
28%
Government reliance
Government grants $15K · Total revenue $3.1M
0.5%
Earned-income share
Program service revenue $2.2M · Total revenue $3.1M
69%
Investment reliance
Investment income $3K · Total revenue $3.1M
+0.09%
Program self-sufficiency
Program service revenue $2.2M · Total expenses $3.8M
57%
Growth & trend
Revenue growth (YoY)
This year $3.1M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $17.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.1M · Expenses $3.8M
-21%
Liabilities-to-Assets
Total liabilities — · Total assets $18.9M
Net-asset ratio
Net assets $17.8M · Total assets $18.9M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $830K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $18.9M
4%
People & payroll
Highest Reported Total Compensation
Individual Anne Catherine Murray · Reported title EXECUTIVE DI · Highest reported compensation $90K · Total expenses $3.8M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $877K · Total expenses $3.8M
23%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 46%
Overhead ratio 49%
Fundraising cost ratio 20%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 9 funders →

Similar Organizations

Closest in mission — by what they do
See all organizations like Augusta Symphony INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$2.9M revenue · ⤓ 990 PDF
FY2023$2.5M revenue · ⤓ 990 PDF
FY2022$3.7M revenue · ⤓ 990 PDF
FY2021$1.8M revenue · ⤓ 990 PDF
FY2020$3.1M revenue · viewing · ⤓ 990 PDF

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

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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

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 peer-cohort and compensation comparisons above.