Nonprofit · EIN 42-0766745
WATERLOO CEDAR FALLS SYMPHONY ORCHESTRA ASSOCIATION
Tax-exempt · CEDAR FALLS, IA 50614
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $632,691 | $700,070 | -$67,379 | $770,833 | $4,739 | $766,094 |
| June 30, 2024 | 990 | $697,103 | $800,332 | -$103,229 | $824,903 | $25,635 | $799,268 |
| June 30, 2023 | 990 | $472,516 | $718,157 | -$245,641 | $906,445 | $53,777 | $852,668 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $467,987
- of which government grants
- $15,000
- Program service revenue
- $125,185
- Investment income
- $39,519
- Net gain from sales of assets
- $23,798
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $72,936
- Other salaries and wages
- $360,561
- Salaries, compensation and benefits (total)
- $457,831
- Professional fundraising fees
- $0
- Accounting fees
- $23,910
- Occupancy
- $7,680
- Depreciation
- $7,960
- Program services (functional)
- $309,812
- Management and general (functional)
- $331,808
- Fundraising (functional)
- $58,450
Balance sheet and other
- Total assets, start of year
- $824,903
- Total assets, end of year
- $770,833
- Total liabilities, end of year
- $4,739
- Net assets, end of year
- $766,094
- Land, buildings and equipment
- $26,343
- Publicly traded securities
- $656,104
- Net assets without donor restrictions
- $766,094
- Gross unrelated business income
- $4,306
- Gross receipts
- $632,691
- Employees
- 10
- Volunteers
- 50
- Year formed
- 1969
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JORDAN BANCROFT | EXECUTIVE DIRECTOR Officer | 40 | $59,089 | $12,420 |
| CHRIS HOFFMAN | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| MARTHA KROESE | PAST PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| STEPHANIE CLOHESY | PRESIDENT ELECT Trustee or director, Officer | 2 | $0 | $0 |
| RUSSELL CURTIS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SCOTT PETERS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| EJ GALLAGHER III | DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| LEE NICHOLAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DR JOHN BERRY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DR ANGELEITA FLOYD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CARL HARTSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KRISTINA KOFOOT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALEXIS KRAAYENBRINK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY KROEGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MATT GLASCOCK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMILY SWARTLEY | DIRECTOR Trustee or director | 1 | $0 |
| MIRIAM TYSON | DIRECTOR Trustee or director | 1 | $0 |
| LUKE ZAHARI | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JORDAN BANCROFT | EXECUTIVE DIRECTOR Officer | 40 | $58,993 | $6,224 |
| RANDY GRABOWSKI | DIRECTOR Trustee or director | 0.5 | $3,514 | $0 |
| ALEXANDER PERSHOUNIN | DIRECTOR Trustee or director | 0.5 | $2,558 | $0 |
| ANTHONY WILLIAMS | DIRECTOR Trustee or director | 0.5 | $2,279 | $0 |
| RENEE VEENSTRA | DIRECTOR Trustee or director | 2 | $2,187 | $0 |
| MARTHA KROESE | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| CHRIS HOFFMAN | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 | $0 |
| BRAD JENSEN | PAST PRESIDENT Trustee or director, Officer | 1.5 | $0 | $0 |
| RUSSELL CURTIS | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| EJ GALLAGHER III | SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 |
| LEE NICHOLAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEPHANIE CLOHESY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SCOTT PETERS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DR JOHN BERRY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DR ANGELEITA FLOYD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CARL HARTSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SHUAIB MEACHAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SOHYUN MEACHAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KRISTINA KOFOOT | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ALEXIS KRAAYENBRINK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| GARY KROEGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD FREVERT | EXECUTIVE DIRECTOR (THRU SEPT) Officer | 40 | $48,443 | $0 |
| JORDAN BANCROFT | EXECUTIVE DIRECTOR Officer | 40 | $11,538 | $1,845 |
| ALEXANDER PERSHOUNIN | DIRECTOR Trustee or director | 0.5 | $3,358 | $0 |
| ANTHONY WILLIAMS | DIRECTOR Trustee or director | 0.5 | $2,423 | $0 |
| RENEE VEENSTRA | DIRECTOR - ORCHESTRA MEMBE Trustee or director | 2 | $1,777 | $0 |
| BRAD JENSEN | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| MARTHA KROESE | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 | $0 |
| EJ GALLAGHER III | PAST PRESIDENT Trustee or director, Officer | 1.5 | $0 | $0 |
| LEE NICHOLAS | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| STEPHANIE CLOHESY | SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 |
| SCOTT PETERS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHRIS HOFFMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOHN BERRY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANGELEITA FLOYD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CARL HARTSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SCHUAIB MEACHAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SOHYUN MEACHAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 8201 DAKOTA STREET GALLAGHER BLUED, CEDAR FALLS, IA 50614-0001
- In care of
- % GALLAGHER BLUEDORN PERFORMING ART
- Principal officer (990 for 2024)
- RUSSELL CURTIS, 8201 DAKOTA ST GBPAC 17, CEDAR FALLS, IA 506140803
- Signed the 990
- RUSSELL CURTIS, TREASURER
- Phone
- (319) 273-3373
- Website
- HTTP://WWW.WCFSYMPHONY.ORG
- Return prepared by
- CREATIVE PLANNING TAX LLC
Mission
OUR MISSION IS SHARING LIVE MUSIC, CHAMPIONING INNOVATION, AND CELEBRATING OUR COMMON HUMANITY. WE DO THIS WITH INVENTIVE, CONTEMPORARY APPROACHES TO ENSEMBLE PERFORMANCE WHICH ENGAGE AUDIENCES MEANINGFULLY IN LIVE MUSIC.
Program accomplishments
- PROVIDED CLASSICAL CONCERTS, POPS CONCERTS, AND A SERIES OF MUSIC LAB YOUTH CONCERTS. FACILITATED A YEAR-LONG ARTIST RESIDENCY IN THE WATERLOO SCHOOLS. WENT INTO LOCAL SCHOOLS TO EDUCATE YOUNG STUDENTS ABOUT CLASSICAL MUSIC.Expenses $309,812 · revenue $120,879
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0766745
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1971
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $770,833
- Income (IRS master file)
- $632,691
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $632,691 | $700,070 | $770,833 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $697,103 | $800,332 | $824,903 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $472,516 | $718,157 | $906,445 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $918,788 | $607,486 | $1,117,340 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0766745).
Questions about WATERLOO CEDAR FALLS SYMPHONY ORCHESTRA ASSOCIATION
- What is the EIN of WATERLOO CEDAR FALLS SYMPHONY ORCHESTRA ASSOCIATION?
- The employer identification number (EIN) of WATERLOO CEDAR FALLS SYMPHONY ORCHESTRA ASSOCIATION is 42-0766745.
- Is WATERLOO CEDAR FALLS SYMPHONY ORCHESTRA ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to WATERLOO CEDAR FALLS SYMPHONY ORCHESTRA ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERLOO CEDAR FALLS SYMPHONY ORCHESTRA ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WATERLOO CEDAR FALLS SYMPHONY ORCHESTRA ASSOCIATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATERLOO CEDAR FALLS SYMPHONY ORCHESTRA ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WATERLOO CEDAR FALLS SYMPHONY ORCHESTRA ASSOCIATION?
- The 990 for the year ended June 30, 2025 names RUSSELL CURTIS.
- Who are the officers and directors of WATERLOO CEDAR FALLS SYMPHONY ORCHESTRA ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 18 people; 1 received compensation from the organization, the highest $59,089 (JORDAN BANCROFT, EXECUTIVE DIRECTOR).
- How much revenue does WATERLOO CEDAR FALLS SYMPHONY ORCHESTRA ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $632,691, expenses of $700,070 and total assets of $770,833 at year end.
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