Olympia Symphony Orchestra EIN 91-6087694 Form 990 (PDF) Claim this org

Olympia Symphony Orchestra

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Presents high-quality live music to enrich, educate, and entertain audiences. For fiscal year 2024 it reported $520K in revenue, $615K in expenses, and $916K in net assets.Pt I

Founded
1952
Type
Public charity (501(c)(3)) · Nonprofit
Location
Olympia, WA
Filings
5 on file (2020–2024)
Revenue
$520KFY2024
Expenses
$615K
Net assets
$916K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  91-6087694 Public charity (501(c)(3)) Olympia, WA Founded 1952
Form 990 (PDF)
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Size
$100K–1M
What they do
Presents high-quality live music to enrich, educate, and entertain audiences.
Leadership
Lena Mendiola · President
Money in and out
$520K revenue, $615K expenses
Bottom line
76% program efficiency
Where the money goes · FY2024
Total revenue
$520K
Pt VIII · Ln 12
Total expenses
$615K
Pt IX · Ln 25
Net assets
$916K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$95K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.16 Fundraising $0.08
Program efficiency
76%
of spending reaches programs▼ -6% vs prior filing year
Operating runway
8.3mo
months of highly liquid reserves at operating expense rate▼ -22% vs prior filing year
Surplus margin
-18%
revenue over expenses, this year▼ -62% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$520K
FY2024▼ -6%
Expenses
$615K
FY2024+0.3%
Total assets
$927K
FY2024▼ -6%
Total liabilities
$11K
FY2024▼ -55%
Total revenue
$520K
Pt VIII · Ln 12
Total expenses
$615K
Pt IX · Ln 25
Net assets
$916K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$95K
Total assetsPt X · Ln 16$927K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

2 program services account for $465K of program spending, described in the organization's own filed words · FY2024.
01

In the 24-25 season the Olympia Symphony presented seven orchestral concerts for a combined audience of over 8,000 patrons. The ensemble of 65 musicians were joined by artists from around the nation.

$397Kprogram expense
02

During the 24-25 season the Orchestra continued its commitment to education through the Carnegie Hall Link Up program providing over 800 fourth grade students recorders and and a curriculum to learn musical pieces as part of their public school curriculum.

$68Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COlympia Symphony Orchestra
EINHdr · item D91-6087694
Principal addressHdr · item COlympia, WA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1952
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFNov 1968

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$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

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jennifer Herman$67,495
Jennifer Hermann$56,025$56,000$48,208$52,000

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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Statement of Revenue

Part VIII
Contributions & grants$245K · 47%
Program service revenue$240K · 46%
Investment income$38K · 7%
Contributions & grants47%$245K
Program service revenue46%$240K
Investment income7%$38K
— government grantsLn 1e$91K
Total revenueLn 12$520K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.16 Fundraising $0.08
Program services76%$465K
Management & general16%$101K
Fundraising8%$48K
Total functional expensesLn 25$615K

Balance Sheet

Part X · end of year
CashLn 1$49K
Total assetsLn 16$927K
Total liabilitiesLn 26$11K
Total net assetsLn 32$916K
Months of cash on handcomputed1.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $428K · Operating expenses/yr $615K
8.3 months
Where the money goes
Program services
Program services $465K · Total expenses $615K
76%
Management & General
Management & general $101K · Total expenses $615K
16%
Fundraising
Fundraising $48K · Total expenses $615K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $38K · Solicited contributions (3-yr avg) $234K
$0.16 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $245K · Total revenue $520K
47%
Government reliance
Government grants $91K · Total revenue $520K
17%
Earned-income share
Program service revenue $240K · Total revenue $520K
46%
Investment reliance
Investment income $38K · Total revenue $520K
+7%
Program self-sufficiency
Program service revenue $240K · Total expenses $615K
39%
Growth & trend
Revenue growth (YoY)
This year $520K · Prior year $551K
-6%
Revenue CAGR
FY2019 $283K · FY2024 $520K
+13%
Net-asset trend (YoY)
End of year $916K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $520K · Expenses $615K
-18%
Liabilities-to-Assets
Total liabilities — · Total assets $927K
Net-asset ratio
Net assets $916K · Total assets $927K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $379K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $927K
41%
People & payroll
Highest Reported Total Compensation
Individual Lena Mendiola · Reported title President · Highest reported compensation $0 · Total expenses $615K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $364K · Total expenses $615K
59%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 16%
Fundraising cost ratio 20%
Revenue growth -6%

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
Total grants receivedfrom 1 funder$57K

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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$551K revenue · ⤓ 990 PDF
FY2023$435K revenue · ⤓ 990 PDF
FY2022$486K revenue · ⤓ 990 PDF
FY2021$368K revenue · ⤓ 990 PDF
FY2020$283K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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