Florida West Coast Symphony Inc is a 501(c)(3) organization based in Sarasota, Florida, registered in 1986, with $41,951,923 in FY2024 revenue. CharityIndex grades it A, and it directs about 77% of spending to programs.
Revenue (FY2024)
$42.0M
▼ 36.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$15.7M
Net assets
$106.9M
Employees
359
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Florida West Coast Symphony Inc: 77% to programs · $7 to raise $100 earns a B+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Florida West Coast Symphony Inc: 81 mo reserves · +62% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Florida West Coast Symphony Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Florida West Coast Symphony Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To engage, educate and enrich our community through high quality live musical experiences.
Founded in 1965, the sarasota music festival is one of the united states' premier teaching and performance festivals focused on chamber music. it was designated by the florida state legislature as the "official teaching and performing festival of the state of florida" in 1984. through a competitive application process, the festival accepts more than 60 talented fellows each summer, the majority of them college-aged, pre-professional artists, to participate in three weeks of master classes and coaching sessions, along with public orchestral and chamber music performances. a roster of more than 40 internationally-acclaimed musicians representing the world's top orchestras, conservatories, and colleges come to the festival to mentor and perform alongside the fellows. jeffrey kahane has served as music director of the sarasota music festival since 2016. festival audiences enjoy a wide variety of concert experiences and events, including thursday afternoon artist showcases featuring the faculty artists; concerts of chamber and orchestral music on fridays and saturdays; and sunday "rising stars" recitals in which the fellows are both the stars and curators of the programs. many patrons enjoy the option of purchasing festival passes, which allow access to the artists' master classes and rehearsals. special events and lectures throughout the festival offer rare opportunities for all festival participants, audiences and musicians alike, to engage with living composers and top performing artists of today.
For over 65 years, sarasota orchestra has sponsored a youth orchestra program that currently consists of eight orchestras: five string orchestras, one wind band, and two symphonic orchestras. the sarasota youth orchestras meet once a week from september through april and present six concerts that are free to the public. 54% of the sarasota youth orchestras' students were supported by scholarship assistance. sarasota orchestra also presents a summer music camp for two weeks each july. sarasota orchestra's summer music camp supports "true beginners," enabling aspiring musicians as young as eight years old to learn how to play an instrument with no prior experience. to ensure all students have access to music instruction and educational programs, sarasota orchestra provides scholarships for participation in sarasota youth orchestras and summer music camp, as well as private lesson, summer camps, and college scholarships. students also have the opportunity to borrow instruments from the orchestra. other education programs include the young person's concert, which engages more than 9,000 fourth- and fifth- graders from sarasota and manatee county schools. the program includes an in-school preparation curriculum guide and culminates in a concert by sarasota orchestra held at a professional concert venue. the curriculum for the young person's concert aligns with the florida and national education standards. the young person's concerts were cancelled due to hurricanes and the program will be performed in fall 2025. other outreach programs include orchestra musicians performing and coaching in local schools and other community venues. in a regular season, the total number of children and family members served by sarasota orchestra's educational programming exceeds 15,000.
Revenue grew from $8.1M (FY2013) to $42.0M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
62.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$111.9M
Total liabilities
$5.0M
Net assets
$106.9M
Salaries & benefits
$10.5M
67% of expenses
Board members
15
15 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $41,951,923▼36.9% | $15,747,249▲10.2% | $106,890,726▲32.7% | $111,857,902▲33.9% | 990 |
| 2023 | $66,519,737▲559% | $14,285,173▲6.7% | $80,566,845▲183% | $83,523,728▲163% | 990 |
| 2022 | $10,091,175▼23.1% | $13,385,444▲17.7% | $28,439,983▼7.0% | $31,780,178▼4.6% | 990 |
| 2021 | $13,124,134▼50.1% | $11,369,862▲51.8% | $30,586,517▼1.4% | $33,319,579▲0.1% | 990 |
| 2020 | $26,320,822▲91.6% | $7,490,676▼23.0% | $31,028,122▲155% | $33,277,421▲120% | 990 |
| 2019 | $13,740,273▲22.5% | $9,729,461▼10.6% | $12,157,935▲51.1% | $15,146,928▲46.0% | 990 |
| 2018 | $11,214,293▲16.8% | $10,877,073▲8.3% | $8,045,055▲5.5% | $10,372,677▲5.4% | 990 |
| 2017 | $9,605,017▼14.1% | $10,046,009▲2.8% | $7,625,071▼6.3% | $9,840,371▼5.5% | 990 |
| 2016 | $11,184,996▲28.9% | $9,770,009▲8.4% | $8,136,540▲19.7% | $10,418,379▲15.2% | 990 |
| 2015 | $8,678,266▲5.1% | $9,010,757▲4.3% | $6,795,659▼4.6% | $9,045,782▼1.8% | 990 |
| 2014 | $8,255,248▲1.6% | $8,637,583▲7.4% | $7,124,922▼5.5% | $9,210,237▼6.0% | 990 |
| 2013 | $8,124,571 | $8,044,277▲12.1% | $7,542,827▲1.8% | $9,800,739▲8.5% | 990 |
| 2012 | — | $7,179,030▲3.3% | $7,408,593▲2.2% | $9,033,469▲1.0% | 990 |
| 2011 | — | $6,946,420▲1.3% | $7,245,646▲0.1% | $8,946,181▼5.3% | 990 |
| 2010 | — | $6,856,918▼1.4% | $7,239,525▲3.4% | $9,450,846▼9.5% | 990 |
| 2009 | — | $6,953,616 | $7,000,713 | $10,444,427 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Joseph Mckenna — $281,144 (1.79% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Joseph Mckenna | President and Ceo | 38 | $281,144 |
| Cathy Wilson | Chief Financial Officer | 40 | $176,747 |
| Gordon Greenfield | Chief Marketing & Communications Officer | 40 | $131,629 |
| Anne Folsom Smith | Director | 2 | — |
| Billy Robinson | Treasurer | 2 | — |
| David Green | Vice-chair | 2 | — |
| David Steves | Director | 2 | — |
| Jill Levine | Secretary | 2 | — |
| Kim Wheeler | Director | 2 | — |
| Lois Stulberg | Director | 2 | — |
| Mike Esposito | Director | 2 | — |
| Peter Kretzmer | Director | 2 | — |
| Richard Rivera | Vice-chair | 2 | — |
| Rick Lannamann | Director | 2 | — |
| Robin Serbin | Director | 2 | — |
| Rose-anne Frano | Vice-chair | 2 | — |
| Tom Koski | Chair | 2 | — |
| Tom Ryan | Director | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Garfield Publicprivate | Project Management | $413,800 |
| Community Counseling Service LLC | Consulting | $336,300 |
| Opus 3 Artists | Guest Conductors/artists | $298,633 |
| Aysmm Digital | Digtal Marketing | $250,560 |
69 grants to Florida West Coast Symphony Inc totaling $18.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of Sarasota County Inc | Arts, culture & humanities | 2024 | $337,096 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $151,200 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $30,000 |
| United Jewish Foundation | To support the arts | 2024 | $25,000 |
| Community Foundation of New Jersey | Performing arts & education | 2024 | $11,000 |
| The New York Community Trust | For a scholarship award. | 2024 | $10,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $8,250 |
| Greater Horizons | Arts & culture | 2024 | $6,000 |
| Community Foundation of Sarasota County Inc | Capital purchases, general support, program support | 2023 | $911,247 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $530,370 |
| Gulf Coast Community Foundation Inc | Arts & culture | 2023 | $387,025 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $233,259 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $30,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $28,000 |
| United Jewish Foundation | To support the arts | 2023 | $27,500 |
1 grant totaling $25K in FY2017. All grants made by Florida West Coast Symphony Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Gulf Coast Community Foundation - Sbpo Fund | Bayfront planning effortsbayfront planning efforts | $25,000 |
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Data for Florida West Coast Symphony Inc (EIN 59-2603081) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.