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Charlotte Symphony Orchestra Society

Charlotte, NC · EIN 56-6011568 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Charlotte Symphony Orchestra Society reported $27.1 million in revenue and $14.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.70 went to program services, $12.55 to management and general costs and $6.75 to fundraising. Its largest source of revenue was contributions and grants: 84.5% of the total. The highest compensation it reported for one person was $290,891 (PRESIDENT & CEO). 7 people received more than $100,000 in reportable compensation. Revenue rose 202% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $15M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $27M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.7%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
12.5%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
6.8%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
84.5%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%1.7%
Program service revenue share
Part VIII 2g ÷ 12
14.5%20.8%
Highest reported compensation
Part VII-A, columns D–F
$290,891$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.96%2.03%
People paid over $100,000
Part VII, line 2
78
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
38.636.6
Independent voting board members
Part VI 1a–1b
25 of 28100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$11M expenses · 94.1% of program spending · revenue $3.8M

Symphony performances - last year 170,000+ people experienced live music with the Charlotte Symphony with 175 concerts presented in 34 venues across the region. Events included virtual and in-person performances of classical masterworks, pops favorites, informal concerts in local breweries, and virtual educational concerts for thousands of children

$608K expenses · 5.1% of program spending · revenue $138K

Youth orchestras - with the belief that making music is a right, not a privilege, we actively nurture the next generation of musicians and music lovers by supporting two youth orchestras focused on dual goals of extraordinary music education and diversity, equity and inclusion. We provide a nurturing environment for our young musicians to create lasting bonds through music and friendship, and instill the values of community service through music

$94,500 expenses · 0.8% of program spending · revenue $26,536

Community education - an intensive afterschool youth program focused on charlotte's children with the greatest needs and fewest resources, project harmony is a music and leadership program aimed at expanding the vision of what is possible for our area youth. Children are given free instruments, orchestra ensemble training, and academic support

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Director/trustee, officer, 40.00 hrs/week
$279,790$0$11,101$290,891
VP OF DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$185,556$0$11,569$197,125
VP OF ARTISTIC OPERATIONS
Highest compensated employee, 40.00 hrs/week
$157,308$0$11,569$168,877
VP OF FINANCE
Highest compensated employee, 40.00 hrs/week
$146,869$0$11,569$158,438
CONCERTMASTER
Highest compensated employee, 40.00 hrs/week
$132,713$0$22,937$155,650
VP LEARNING & COMMUNITY ENGAGEMENT
Highest compensated employee, 40.00 hrs/week
$138,967$0$10,811$149,778
MUSIC DIRECTOR
Director/trustee, officer, 1.00 hrs/week
$116,539$0$0$116,539
DIRECTOR
Director/trustee, 1.00 hrs/week
$75,435$0$17,141$92,576

7 people received more than $100,000 in reportable compensation from Charlotte Symphony Orchestra Society (Part VII, line 2). Compensation of current officers, directors and key employees totaled $600K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$27M$15M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$27M$15M80.7%$48M$290,891
FY2024 ⓘ$17M$14M82.6%$33M$287,911
FY2023 ⓘ$23M$12M79.6%$28M$262,719
FY2022 ⓘ$14M$11M79.6%$16M$230,524
FY2021 ⓘ$10M$8.4M76.9%$16M$191,414
FY2020 ⓘ$9.0M$9.6M80.2%$11M$183,670

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b28 · 25 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5315
  • Volunteers Part I, line 632

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CHAZIN & COMPANY
Accounting services
$174,111

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

10 private foundations reported grants to Charlotte Symphony Orchestra Society totaling $2.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Charlotte Symphony Orchestra Society's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Charlotte Symphony Orchestra Society, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in North Carolina

Questions people ask

How much of Charlotte Symphony Orchestra Society's spending goes to programs?

In the fiscal year ending June 30, 2025, Charlotte Symphony Orchestra Society reported that 80.7% of its $14.8 million in expenses went to program services, 12.5% to management and general and 6.8% to fundraising (Form 990, Part IX).

How much does Charlotte Symphony Orchestra Society pay its top executive?

The largest total compensation Charlotte Symphony Orchestra Society reported for one person in the fiscal year ending June 30, 2025 was $290,891, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Charlotte Symphony Orchestra Society get its money?

Of $27.1 million in revenue in the fiscal year ending June 30, 2025, 84.5% came from contributions and grants (including 0.2% from government grants) and 14.5% from program service revenue (Form 990, Part VIII).

Is Charlotte Symphony Orchestra Society a registered charity?

The IRS lists EIN 56-6011568 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641079349301309 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541049349300429 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440939349301254 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310809349301501 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221339349302297 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100969349300725 · read the filing

All filings for EIN 56-6011568: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.