Phoenix Symphony Association FY2023 filing

Tax-deductible

Phoenix, AZ501(c)(3)Since 1947Arts & CultureEIN 86-6000134Revenue $8.3M in FY2023

On file with the IRSphoenixsymphony.org1 N 1st St Ste 200, 85004-2538 · Phoenix, AZTax-exempt since Oct 1947Publicly supported — 509(a)(2)

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To provide extraordinary musical experiences that inspire and advance our community, enriching the lives of people of all ages and backgrounds

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$782K 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

FY2023 · 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
2 of 6
filings with a surplus
Average surplus $4K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$782K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
13
named funders · $596K
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.5M
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 26 voting members
Looks good: 23 of 26 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.3M
-58% vs prior year
Spent
$11.3M
To programs
72%
Net assets
$5.4M
By yearFY2020–FY2025
Revenue
$8.3M
FY2023▼ -58%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.5M
FY2021$4.9M
FY2022$19.6M
FY2023$8.3M
FY2024$10.5M
FY2025$12.3M
Expenses
$11.3M
FY2023▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.2M
FY2021$4.0M
FY2022$9.8M
FY2023$11.3M
FY2024$13.5M
FY2025$14.4M
Net assets
$5.4M
FY2023▼ -32%
Tap a bar for its year
Net assets by fiscal year
FY2020−$2.9M
FY2021−$1.9M
FY2022$7.9M
FY2023$5.4M
FY2024$2.5M
FY2025$265K

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 1947.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $8.1M Management & general 24% · $2.7M Fundraising 4% · $452K

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

27 people listed on the 990; $782K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President/CEO
$310,795Pt VII · Sec A
Board Member / Music Direc
$259,886Pt VII · Sec A
VP Finance
$110,142Pt VII · Sec A
Musician/Orchestra Committee
$54,465Pt VII · Sec A
Musician/Orchestra Committee
$46,738Pt VII · Sec A
Vice Chair/Financial
$0Pt VII · Sec A
Vice Chair/Governance
$0Pt VII · Sec A
Chair Emeritus
$0Pt VII · Sec A

Peter Kjome’s $305K as President/CEO is at the 43rd percentile of top reported officer pay among 749 $10–100M 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Suzanne Wilson——$310,795$349,038$139,423—
Peter Kjome$304,887$228,568————
Tito Munoz—$285,322$259,886$179,595——
James Ward—————$222,649
Nicola Pena—$174,868————
Tamela Rocker$141,451—————
Nicole Pena$132,235—————
Jeffrey Hunsinger—————$130,599

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.

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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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Offers inspiring musical experiences to enrich lives for all ages and backgrounds.

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Provided by the organization

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1 program · $8.1M · in their own filed words · FY2022
01

The symphony performs music providing a diverse repertoire to audiences statewide. The phoenix symphony association serves more than 300,000 people annually at phoenix symphony hall and other performing arts centers around the state of arizona.

$8.1Mprogram 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
See all 13 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$8.3M
Ln 12
Gifts and grantsLn 1h$4.2M
Fees for servicesLn 2g$4.0M
Investment incomeLn 3$62K
Money outPt IX
$11.3M
Ln 25
Programscol B$8.1M
Managementcol C$2.7M
Fundraisingcol D$452K
Owns and owesPt X
$5.4M
net assets · Ln 32
Cash and savingsLn 1–2$351K
Total assetsLn 16$7.9M
LiabilitiesLn 26$2.5M
PeoplePt VI, VII
27
listed · VII A
PaidVII A5
Voting boardVI 1a26
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.2M
Government grantsLn 1e$2.2M
Fees for servicesLn 2g$4.0M
Investment incomeLn 3$62K
Gains on assetsLn 7$508
Total revenueLn 12$8.3M
Assets in detailPt X, end of year
CashLn 1$236K
SavingsLn 2$115K
Cash and savings togetherLn 1–2$351K
InvestmentsLn 11–13$4.8M
Land, buildings, equipmentLn 10c$136K
Other assetsLn 15$191K
Total assetsLn 16$7.9M
LiabilitiesLn 26$2.5M
Net assetsLn 32$5.4M
OperationsPt I, VI
EmployeesI 5245
VolunteersI 6144
Fiscal year endsHeaderJune
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 FY23End FY23
Cash and savingsLn 1–2$761K$351K
InvestmentsLn 11–13$8.5M$4.8M
Land, buildings, equipmentLn 10c$136K$136K
Total assetsLn 16$9.8M$7.9M
LiabilitiesLn 26$1.9M$2.5M
Net assetsLn 32$7.9M$5.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$329K$232K$97K
Other salaries and wagesLn 7$5.1M$4.1M$779K$213K
Pension plan contributionsLn 8$148K$138K$8K$1K
Other employee benefitsLn 9$958K$839K$83K$35K
Payroll taxesLn 10$627K$543K$62K$23K
Legal feesLn 11b$57K$57K
Accounting feesLn 11c$21K$21K
Other fees for servicesLn 11g$1.7M$1.4M$366K$2K
Advertising and promotionLn 12$414K$409K$6K
Office expensesLn 13$30K$18K$10K$1K
OccupancyLn 16$699K$550K$149K
TravelLn 17$185K$170K$13K$3K
Depreciation, depletion and amortizationLn 22$23K$11K$11K
InsuranceLn 23$133K$52K$81K
Other expenses (24a–d)Ln 24$766K$317K$378K$71K
All other expensesLn 24e$44K$11K$33K$335
Total functional expensesLn 25$11.3M$8.1M$2.7M$452K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12.3M$14.4M−$2.0M$265K 990 PDF
FY2024 $10.5M$13.5M−$3.0M$2.5M 990 PDF
FY2023 Viewing $8.3M$11.3M−$3.0M$5.4M 990 PDF
FY2022 $19.6M$9.8M$9.8M$7.9M 990 PDF
FY2021 $4.9M$4.0M$890K−$1.9M 990 PDF
FY2020 $8.5M$11.2M−$2.7M−$2.9M 990 PDF

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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 FY2023 990 (6 parts)
Part I · Summary $8,287,693 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $16,619,726$4,207,966
I-9 Program service revenuePrior year $2,915,576$4,030,615
I-10 Investment incomePrior year $33,003$62,312
I-11 Other revenuePrior year $48,341−$13,200
I-12 Total revenuePrior year $19,616,646$8,287,693
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 $6,148,065$7,184,063
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,661,082$4,093,867
I-18 Total expensesPrior year $9,809,147$11,277,930
I-19 Revenue less expensesPrior year $9,807,499−$2,990,237
Part VI · Governance 23 of 26 board members independent, no flags
VI-1a Voting members of the governing body26
VI-1b Independent voting members23
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 $8,287,693 across 9 lines filed
VIII-1d Related organizations$10,500
VIII-1e Government grants$2,158,284
VIII-1f All other contributions, gifts and grants$2,039,182
VIII-1h Total contributions, gifts and grants$4,207,966
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,030,615$4,030,615
VIII-3 Investment incomeExcluded from tax $61,804$61,804
VIII-7 Net gain or loss on sales of assetsExcluded from tax $508$508
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission −$13,200−$13,200
VIII-12 Total revenueRelated to mission $4,017,415 · Unrelated business $0 · Excluded from tax $62,312$8,287,693
Part IX · Statement of functional expenses $11,277,930 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $232,414 · Fundraising $96,513$328,927
IX-7 Other salaries and wagesPrograms $4,129,634 · Management $779,336 · Fundraising $213,075$5,122,045
IX-8 Pension plan contributionsPrograms $138,374 · Management $7,728 · Fundraising $1,402$147,504
IX-9 Other employee benefitsPrograms $839,326 · Management $83,377 · Fundraising $35,472$958,175
IX-10 Payroll taxesPrograms $542,624 · Management $61,856 · Fundraising $22,932$627,412
IX-11b Legal feesManagement $56,683$56,683
IX-11c Accounting feesManagement $21,390$21,390
IX-11g Other fees for servicesPrograms $1,354,200 · Management $365,921 · Fundraising $2,150$1,722,271
IX-12 Advertising and promotionManagement $408,567 · Fundraising $5,658$414,225
IX-13 Office expensesPrograms $18,166 · Management $10,415 · Fundraising $1,006$29,587
IX-16 OccupancyPrograms $550,058 · Management $148,523$698,581
IX-17 TravelPrograms $170,017 · Management $12,736 · Fundraising $2,630$185,383
IX-22 Depreciation, depletion and amortizationPrograms $11,344 · Management $11,344$22,688
IX-23 InsurancePrograms $51,696 · Management $81,176$132,872
IX-24 Other expenses (24a–d)Programs $316,781 · Management $377,893 · Fundraising $71,106$765,780
IX-24e All other expensesPrograms $11,095 · Management $32,977 · Fundraising $335$44,407
IX-25 Total functional expensesPrograms $8,133,315 · Management $2,692,336 · Fundraising $452,279$11,277,930
Part X · Balance sheet $7,872,563 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $661,028$235,502
X-2 Savings and temporary cash investmentsStart of year $100,114$115,124
X-3 Pledges and grants receivableStart of year $301,679$2,243,474
X-4 Accounts receivableStart of year $2,500$21,308
X-8 Inventories for sale or useStart of year $17,681$17,681
X-9 Prepaid expenses and deferred chargesStart of year $81,090$121,871
X-10c Land, buildings and equipment, netStart of year $135,898$136,479
X-11 Publicly traded securitiesStart of year $8,494,712$4,789,772
X-15 Other assetsStart of year $19,955$191,352
X-16 Total assetsStart of year $9,814,657$7,872,563
X-17 Accounts payable and accrued expensesStart of year $337,887$365,793
X-19 Deferred revenueStart of year $1,117,279$1,569,509
X-25 Other liabilitiesStart of year $170,330$357,970
X-26 Total liabilitiesStart of year $1,925,496$2,493,272
X-27 Net assets without donor restrictionsStart of year $7,764,630$5,220,186
X-28 Net assets with donor restrictionsStart of year $124,531$159,105
X-32 Total net assets or fund balancesStart of year $7,889,161$5,379,291
X-33 Total liabilities and net assetsStart of year $9,814,657$7,872,563
Part XI · Reconciliation of net assets $5,379,291 net assets at year end
XI-1 Total revenue$8,287,693
XI-2 Total expenses$11,277,930
XI-3 Revenue less expenses−$2,990,237
XI-4 Net assets at start of year$7,889,161
XI-5 Net unrealized gains (losses) on investments$322,084
XI-6 Donated services and use of facilities$158,283
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,379,291

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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