Give.org logo
Support Give.org
Support Give.org
CHARITY REVIEW
Issued: June 2022 Expires: June 2023

Fort Collins Symphony Association

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(970) 482-4823
141 S College Ave Ste 104
Fort Collins, CO, 80524-2889
http://www.fcsymphony.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Fort Collins Symphony Association meets the 20 Standards for Charity Accountability.

The organization's programming was impacted by COVID.  As a result, BBB has provisionally passed the organization on Standard 8.  

Stated Purpose:

Year, State Incorporated:
, CO

For the year ended May 31, 2020, Fort Collins Symphony Association's program expenses were:

Programs $409,957
Total Program Expenses $409,957

Chair of the Board
Mr. Walt Elish, Business Development Manager

Chair's Profession / Business Affiliation
Town of Berthoud

Board Size
18

Paid Staff Size
1

Method(s) Used:
Invitations to fund raising events, Grant proposals, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.)

% of Related Contributions on Fundraising: 1.27%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Fort Collins Symphony Association's IRS Form 990 for the year ended May 31, 2020.

Source of Funds
Contributions and Grants $394,024
Program Service Revenue $269,836
Other Revenue $475
Investment Income $295
Total Income $664,630

Programs: 63% Fundraising: 1% Administrative: 36%

Total Income $664,630
Total expenses: $649,596
  Program expenses $409,957
  Fundraising expenses $5,015
  Administrative expenses $234,624
  Other expenses $0
Income in Excess of Expenses $15,034
Beginning Net Assets $83,245
Other Changes In Net Assets $0
Ending Net Assets $98,279
Total Liabilities $97,396
Total Assets $195,675

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Serving Northern Colorado and Wyoming