Small Public Charity

FRIENDS OF SUMMIT SYMPHONY INC

FRIENDS OF SUMMIT SYMPHONY INC, of Summit, NJ, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $30K in revenue, $33K in expenses. 2 publicly reported grants to this organization, totaling roughly $15K, appear in IRS filings.

EIN: 223395854 Summit, NJ Latest filing: 2024
Total Revenue$30K
Total Expenses$33K
Grant Records2
Funding Total$15K
Filing Years2019–2024

Mission

Friends of Summit Symphony Inc was established to provide outside support for the Summit Symphony Orchestra (EIN 26-4102781), a community orchestra which was a project of the City of Summit, NJ. The city has not provided any funding to the Symphony since the financial crisis of 2008, so rather than maintain duplicate organizations Friends of Summit Symphony took over the operation of the orchestra in 2022. The Friends' classification as a "supporting organization" by the IRS has interfered with our ability to raising funds, so an entirely new organization has been created: Summit Symphony Inc, EIN 93-4284197, effective August 2024. This is our final return.

Officers & Directors

President Alane Gruber
Vice President Claire Caponigro
Secretary Daniel Rath
Treasurer James Dykema

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$10,000 1 grant
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$5,050 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $30K $33K
2023 $42K $33K $40K
2021 $6K $1K $29K
2020 $13K $26K $24K
2019 $33K $31K $37K

Between 2019 and 2024, reported annual revenue declined from $33K to $30K (-8%).

Interactive year-over-year charts and full filing details available with membership.

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