SOUTH FLORIDA SYMPHONY ORCHESTRA INC

EIN: 650846695 501(c)(3) Arts, Culture & Humanities

FORT LAUDERDALE, FL

Total Revenue
$2,715,488
Total Expenses
$4,101,739
Total Assets
$122,561
Net Assets
$-2,963,100
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
FL
Principal Officer
JACQUELINE LORBER
Phone
9545228445
Tax Period
2024-07-01 to 2025-06-30

SOUTH FLORIDA SYMPHONY ORCHESTRA INC, founded in 1999, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $4.1M exceeded revenue, resulting in a 51% operating deficit.

Mission

THE ORCHESTRA IS DEDICATED TO BRINGING ORCHESTRAL MUSIC OF THE HIGHEST CALIBER TO SOUTH FLORIDA. ITS MISSION IS TO DELIGHT, INSPIRE AND EDUCATE THE COMMUNITIES WE SERVE THROUGH MUSIC.

Program Service Accomplishments

Program 1
Expenses: $3,016,572 Revenue: $778,059

DURING FY25, THE SOUTH FLORIDA SYMPHONY ORCHESTRA PRESENTED A SERIES OF FIVE MASTERWORKS CONCERTS THROUGH 13 PERFORMANCES, PLUS A LARGE-SCALE HOLIDAY CONCERT PERFORMED TWICE; ALL CONCERTS FEATURED...

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DURING FY25, THE SOUTH FLORIDA SYMPHONY ORCHESTRA PRESENTED A SERIES OF FIVE MASTERWORKS CONCERTS THROUGH 13 PERFORMANCES, PLUS A LARGE-SCALE HOLIDAY CONCERT PERFORMED TWICE; ALL CONCERTS FEATURED WORLD-CLASS SOLOISTS AND MUSICIANS AND WERE ATTENDED BY MORE THAN 24,500 PATRONS AND STUDENTS IN BROWARD, MIAMI-DADE, AND MONROE COUNTIES. ARTISTIC HIGHLIGHTS OF THE SEASON INCLUDED A STAGED CONCERT VERSION OF BERNSTEIN'S CANDIDE, PERFORMED ACROSS THREE VENUES WITH FULL CHORUS AND CAST, AND MOZART'S REQUIEM, PERFORMED WITH THE SOUTH FLORIDA SYMPHONY CHORUS. THE SEASON FEATURED ACCLAIMED SOLOISTS INCLUDING BENJAMIN HOCHMAN, PIANO; AMY SHOREMOUNT-OBRA, SOPRANO; AND CATHERINE LAN, PIANO, AMONG OTHERS. THE SYMPHONY IN THE SCHOOLS PROGRAM ENGAGED MORE THAN 5,000 STUDENTS FROM UNDERSERVED COMMUNITIES THROUGH LIVE ORCHESTRAL PERFORMANCES, INCLUDING PRODUCTIONS OF "PRESERVING OUR CORAL REEF- AND "PETER AND THE WOLF" PRESENTED AT VENUES ACROSS BROWARD, MIAMI-DADE, AND MONROE COUNTIES. THROUGH THE ORGANIZATION'S PARTNERSHIP WITH JUNIOR ACHIEVEMENT, AN ADDITIONAL 19,000 BROWARD COUNTY PUBLIC SCHOOL 5TH GRADERS ENGAGED WITH THE PERFORMING ARTS THROUGH THE JA BIZTOWN PROGRAM. COMMUNITY ENGAGEMENT PROGRAMMING INCLUDED "COMMUNITY BEATS," BRINGING FREE POPS CONCERTS TO UNEXPECTED COMMUNITY SPACES, INCLUDING THE CITY OF WESTON TOWN CENTER AMPHITHEATER. IN ADDITION, THE SFSO CONTINUED ITS ROLE AS A CULTURAL LEADER AND ECONOMIC DRIVER IN THE REGION. AS THE LARGEST ORCHESTRAL EMPLOYER IN SOUTH FLORIDA, THE ORGANIZATION GENERATES EMPLOYMENT FOR NEARLY 300 MUSICIANS, PRODUCTION STAFF, AND ARTS ADMINISTRATORS ANNUALLY. THE SFSO CONTINUES TO HAVE AN IMMEASURABLE EFFECT ON THE COMMUNITIES IT SERVES.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,918,088
Program Service Revenue $778,059
Investment Income $0
Other Revenue $19,341
TOTAL REVENUE $2,715,488

Expense Breakdown

Grants Paid $77,182
Salaries & Benefits $710,252
Fundraising Expenses $130,071
Program Expenses $3,016,572
Other Expenses $3,314,305
TOTAL EXPENSES $4,101,739

Year-over-Year Comparison

2024 2023 Change
Revenue $2,715,488 $2,335,055 +0.2%
Expenses $4,101,739 $2,642,577 +0.6%
Net Income $-1,386,251 $-307,522 +3.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
3
Employees
8
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$173,937
Total Directors
8
$173,937
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELINE LORBER PRESIDENT & 60.00
Officer Director
$81,731 $3,603 $85,334
SEBRINA ALFONSO ARTISTIC DIR 40.00
Officer Director
$85,000 $3,603 $88,603
CHARLES LANE CHAIR 10.00
Officer Director
$0 $0 $0
BILL BECKMAN DIRECTOR 10.00
Director
$0 $0 $0
CHARLES GREEN DIRECTOR 10.00
Director
$0 $0 $0
BONNIE LAUTON DIRECTOR 10.00
Director
$0 $0 $0
LINDA SHAGENA DIRECTOR 10.00
Director
$0 $0 $0
KARISSA SMITH DIRECTOR 10.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,715,488 $4,101,739 $122,561 $-1,386,251
2024 $2,335,055 $2,642,577 $158,663 $-307,522
2023 $2,161,567 $2,340,796 $102,374 $-179,229
2022 $1,807,593 $1,807,972 $194,126 $-379
2021 $1,240,367 $1,181,001 $231,625 $59,366
2020 $1,383,530 $1,553,429 $378,468 $-169,899
2019 $2,526,207 $2,455,267 $136,213 $70,940
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