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

REMAINING TRUE TO ITS MISSION TO DELIGHT, INSPIRE, AND EDUCATE THE COMMUNITY, THE SOUTH FLORIDA SYMPHONY ORCHESTRA (SFSO) PERFORMED MORE THAN 40 IN-PERSON CONCERTS AND EVENTS FOR PATRONS THROUGHOUT THE SOUTH FLORIDA REGION, INCLUDING MONROE, MIAMI-DADE, AND BROWARD COUNTIES, SERVING APPROXIMATELY 24,500 MEMBERS OF THE COMMUNITY. THE MASTERWORKS CONCERT SERIES FEATURED WORLD-RENOWNED SOLOISTS, INCLUDING BENJAMIN HOCHMAN, PIANO, AMY SHOREMOUNT-OBRA, SOPRANO, AND CATHERINE LAN, PIANO, AMONG OTHERS. AMONG THE ARTISTIC HIGHLIGHTS OF THE SEASON WERE A STAGED CONCERT VERSION OF BERNSTEIN'S CANDIDE AND MOZART'S REQUIEM, PERFORMED WITH THE SOUTH FLORIDA SYMPHONY CHORUS. IN ADDITION, THE TRANSFORMATIVE MUSIC EDUCATION PROGRAM, SYMPHONY IN THE SCHOOLS, EXPOSED MORE THAN 5,000 STUDENTS FROM UNDERSERVED COMMUNITIES TO THE MAGIC OF LIVE CLASSICAL MUSIC. THROUGH THE ORGANIZATION'S PARTNERSHIP WITH JUNIOR ACHIEVEMENT, AN ADDITIONAL 19,000 BROWARD COUNTY PUBLIC SCHOOL 5TH GRADERS ENGAGED WITH THE PERFO

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Trantor Score

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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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