Sun Valley Summer Symphony INC FY2020 filing

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To provide music performances and enrich lives through artistic programming.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-0397940) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$217K 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

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $308K a year · 6% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
81% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$217K
to officers and key staff · 6% of spending
Pay to officers and key staff is 6% of spending.
Part VII, Section A
1.1 mo
of spending, in cash
Plus $13.1M in investments, Pt X · Ln 11–13
1.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $45K
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$128K
0.7% of total assets
Liabilities are 0.7% of assets.
Pt X · Ln 26
Independent board members
14
of 14 voting members
14 of 14 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$3.2M
Spent
$3.9M
To programs
81%
Net assets
$17.9M
By yearFY2020–FY2025
Revenue
$3.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.2M
FY2021$5.0M
FY2022$4.7M
FY2023$5.9M
FY2024$4.8M
FY2025$5.4M
Expenses
$3.9M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$3.9M
FY2021$3.8M
FY2022$4.4M
FY2023$4.7M
FY2024$5.2M
FY2025$5.2M
Net assets
$17.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$17.9M
FY2021$21.5M
FY2022$19.1M
FY2023$20.5M
FY2024$23.0M
FY2025$25.5M

From the FY2020 Form 990 (year ending October 2020) · figures checked against the IRS filing · see the original

You’re viewing the FY2020 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 Oct 1985.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $3.1M Management & general 11% · $427K Fundraising 9% · $333K

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

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Who runs it and what they're paid

17 people listed on the 990; $217K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$217,263Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Derek Dean’s $337K as Executive Director is at the 98th percentile of top reported officer pay among 3924 $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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Derek Dean$336,788$324,978$312,026$292,755$276,743$217,263

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 Sun Valley Summer 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

Offers music performances and artistic programs to enrich lives.

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3 programs · $3.1M · in their own filed words · FY2019
01

Summer Season

Each summer, the organization brings musicians and guest artists to sun valley to present a series of classical music concerts. Over 100 musicians form the festival orchestra, led by music director alasdair neale. The concerts are presented at the sun valley pavilion and other local venues.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-0397940) · Dispute this line
$2.1Mprogram expense
02

Education

The festival's music institute runs music education programs during the school year in conjunction with local public schools and in addition, runs two summer camps during the festival's summer season.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-0397940) · Dispute this line
$760Kprogram expense
03

Winter Season

The music festival presents a winter concert series in february or march. Past festivals have presented three concerts - all free of charge- with performers including musicians from the festival orchestra as well as guest artists.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-0397940) · Dispute this line
$262Kprogram 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 · FY2025
Total grants receivedfrom 2 funders$45K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.2M
Ln 12
Gifts and grantsLn 1h$3.0M
Investment incomeLn 3$153K
Fees for servicesLn 2g$131K
Money outPt IX
$3.9M
Ln 25
Programscol B$3.1M
Managementcol C$427K
Fundraisingcol D$333K
Owns and owesPt X
$17.9M
net assets · Ln 32
Cash and savingsLn 1–2$369K
Total assetsLn 16$18.0M
LiabilitiesLn 26$128K
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.0M
Government grantsLn 1e$199K
Noncash giftsLn 1g$98K
Fees for servicesLn 2g$131K
Investment incomeLn 3$153K
Gains on assetsLn 7−$173K
Total revenueLn 12$3.2M
Assets in detailPt X, end of year
CashLn 1$369K
Cash and savings togetherLn 1–2$369K
Inventories for sale or useLn 8$19K
Land, buildings, equipmentLn 10c$1.6M
InvestmentsLn 11–13$13.1M
Intangible assetsLn 14$3.0M
Total assetsLn 16$18.0M
LiabilitiesLn 26$128K
Net assetsLn 32$17.9M
OperationsPt I, VI
EmployeesI 569
VolunteersI 6200
Fiscal year endsHeaderOctober
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$98K
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$61K
Share of the $9.1M endowmentSch D 1g0.67%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$9.1M$9.3M$8.7M$7.3M$6.3M
AddedLn 1b$1.4M$149K
SpentLn 1d–1f$300K$221K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$90K$369K
InvestmentsLn 11–13$14.3M$13.1M
Land, buildings, equipmentLn 10c$1.3M$1.6M
Total assetsLn 16$18.6M$18.0M
LiabilitiesLn 26$67K$128K
Net assetsLn 32$18.6M$17.9M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$289K$170K$63K$56K
Other salaries and wagesLn 7$696K$410K$151K$135K
Pension plan contributionsLn 8$36K$21K$8K$7K
Other employee benefitsLn 9$106K$62K$23K$21K
Payroll taxesLn 10$69K$41K$15K$13K
Legal feesLn 11b$3K$2K$1K$43
Accounting feesLn 11c$54K$53K$275$830
Investment management feesLn 11f$61K$61K
Other fees for servicesLn 11g$1.7M$1.7M$9K$26K
Advertising and promotionLn 12$157K$130K$1K$26K
Office expensesLn 13$130K$88K$8K$35K
Information technologyLn 14$21K$21K$108$327
OccupancyLn 16$83K$80K$75$3K
TravelLn 17$81K$80K$184$390
Depreciation, depletion and amortizationLn 22$74K$74K
InsuranceLn 23$31K$21K$2K$8K
Other expenses (24a–d)Ln 24$314K$303K$11K$126
Total functional expensesLn 25$3.9M$3.1M$427K$333K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 10, 2026 $5.4M$5.2M$233K$25.5M 990 PDF
FY2024Filed with the IRS Sep 11, 2025 $4.8M$5.2M−$395K$23.0M 990 PDF
FY2023Filed with the IRS Mar 30, 2024 $5.9M$4.7M$1.2M$20.5M 990 PDF
FY2022 $4.7M$4.4M$328K$19.1M 990 PDF
FY2021Filed with the IRS Mar 15, 2022 $5.0M$3.8M$1.2M$21.5M 990 PDF
FY2020 ViewingFiled with the IRS Jun 14, 2021 $3.2M$3.9M−$676K$17.9M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants J · Pay M · Noncash O · Explanations
See the full FY2020 990
Part I · Summary $3,230,212 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,470,551$2,973,961
I-9 Program service revenuePrior year $98,358$131,053
I-10 Investment incomePrior year $519,597$153,087
I-11 Other revenuePrior year −$38,372−$27,889
I-12 Total revenuePrior year $4,050,134$3,230,212
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,055,479$1,195,505
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,968,110$2,710,364
I-18 Total expensesPrior year $4,023,589$3,905,869
I-19 Revenue less expensesPrior year $26,545−$675,657
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,230,212 across 9 lines filed
Lines not itemized here account for $952 of total revenue; see the IRS return.
VIII-1e Government grants$198,887
VIII-1f All other contributions, gifts and grants$2,775,074
VIII-1g Noncash contributions (included above)$97,817
VIII-1h Total contributions, gifts and grants$2,973,961
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $131,053$131,053
VIII-3 Investment incomeExcluded from tax $326,400$326,400
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$173,313−$173,313
VIII-8 Net income from fundraising eventsExcluded from tax −$28,841−$28,841
VIII-12 Total revenueRelated to mission $132,005 · Unrelated business $0 · Excluded from tax $124,246$3,230,212
Part IX · Statement of functional expenses $3,905,869 across 17 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $169,889 · Management $62,576 · Fundraising $56,150$288,615
IX-7 Other salaries and wagesPrograms $409,894 · Management $150,979 · Fundraising $135,473$696,346
IX-8 Pension plan contributionsPrograms $20,966 · Management $7,723 · Fundraising $6,929$35,618
IX-9 Other employee benefitsPrograms $62,246 · Management $22,928 · Fundraising $20,573$105,747
IX-10 Payroll taxesPrograms $40,721 · Management $14,999 · Fundraising $13,459$69,179
IX-11b Legal feesPrograms $1,751 · Management $1,018 · Fundraising $43$2,812
IX-11c Accounting feesPrograms $52,604 · Management $275 · Fundraising $830$53,709
IX-11f Investment management feesManagement $61,224$61,224
IX-11g Other fees for servicesPrograms $1,666,242 · Management $8,699 · Fundraising $26,279$1,701,220
IX-12 Advertising and promotionPrograms $129,506 · Management $1,365 · Fundraising $26,006$156,877
IX-13 Office expensesPrograms $87,698 · Management $7,728 · Fundraising $34,687$130,113
IX-14 Information technologyPrograms $20,761 · Management $108 · Fundraising $327$21,196
IX-16 OccupancyPrograms $79,534 · Management $75 · Fundraising $3,051$82,660
IX-17 TravelPrograms $80,067 · Management $184 · Fundraising $390$80,641
IX-22 Depreciation, depletion and amortizationManagement $74,250$74,250
IX-23 InsurancePrograms $21,013 · Management $1,852 · Fundraising $8,311$31,176
IX-24 Other expenses (24a–d)Programs $303,014 · Management $11,346 · Fundraising $126$314,486
IX-25 Total functional expensesPrograms $3,145,906 · Management $427,329 · Fundraising $332,634$3,905,869
Part X · Balance sheet $18,025,713 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $90,213$368,921
X-8 Inventories for sale or useStart of year $6,266$19,126
X-10c Land, buildings and equipment, netStart of year $1,253,041$1,585,786
X-11 Publicly traded securitiesStart of year $13,859,939$12,599,273
X-12 Other securitiesStart of year $407,607$452,607
X-14 Intangible assetsStart of year $3,000,000$3,000,000
X-16 Total assetsStart of year $18,638,550$18,025,713
X-17 Accounts payable and accrued expensesStart of year $66,927$127,755
X-26 Total liabilitiesStart of year $66,927$127,755
X-27 Net assets without donor restrictionsStart of year $15,760,410$15,102,933
X-28 Net assets with donor restrictionsStart of year $2,811,213$2,795,025
X-32 Total net assets or fund balancesStart of year $18,571,623$17,897,958
X-33 Total liabilities and net assetsStart of year $18,638,550$18,025,713
Part XI · Reconciliation of net assets $17,897,958 net assets at year end
XI-1 Total revenue$3,230,212
XI-2 Total expenses$3,905,869
XI-3 Revenue less expenses−$675,657
XI-4 Net assets at start of year$18,571,623
XI-5 Net unrealized gains (losses) on investments$1,992
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$17,897,958

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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