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Nonprofit · EIN 75-0705442

DALLAS SYMPHONY ASSOCIATION INC

Tax-exempt · DALLAS, TX 75201

Financials

$42.8M$46.1M2022$41.6M$49M2023$49.3M$52.3M2024
Revenue Expenses · by fiscal year end
Financials of DALLAS SYMPHONY ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$49,294,908$52,258,160-$2,963,252$27,129,203$23,411,616$3,717,587
May 31, 2024990$41,616,612$48,972,080-$7,355,468$32,564,587$26,064,664$6,499,923
May 31, 2023990$42,846,822$46,099,929-$3,253,107$32,083,320$20,641,845$11,441,475
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$10,731,726
of which government grants
$127,000
Program service revenue
$14,648,027
Investment income
$461
Net rental income
$932,695
Net income from fundraising events
$1,328,035
Net income from sales of inventory
$94,260
Other revenue
$23,914,694

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$3,421,170
Other salaries and wages
$21,176,383
Salaries, compensation and benefits (total)
$30,359,071
Professional fundraising fees
$184,488
Legal fees
$159,910
Accounting fees
$81,009
Occupancy
$4,259,566
Travel
$3,027,787
Depreciation
$2,129,257
Program services (functional)
$40,218,038
Management and general (functional)
$7,557,911
Fundraising (functional)
$4,482,211

Balance sheet and other

Total assets, start of year
$32,564,587
Total assets, end of year
$27,129,203
Total liabilities, end of year
$23,411,616
Net assets, end of year
$3,717,587
Land, buildings and equipment
$8,601,588
Publicly traded securities
$9,184,241
Net assets without donor restrictions
-$7,029,765
Net assets with donor restrictions
$10,747,352
Gross unrelated business income
$103,089
Gross receipts
$49,661,331
Employees
514
Volunteers
1,000
Year formed
1945
State of legal domicile
TX

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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ALEX KERRMUSICIAN
Highest-paid employee
30$453,814$8,845
SCOTT WALZELMUSICIAN/CONS. FOR COMM.DEV.
Highest-paid employee
40$321,937$42,615
KIM NOLTEMYfORMER PRESIDENT & CEO (6/24)
Former
40$294,755$23,401
TERRY LOFTIS Thru 1-31-2025Chief Advancement & Rev Office
Officer
40$255,484$22,616
CHRIS OLIVERMUSICIAN
Highest-paid employee
40$232,503$39,385
MELISSA RUTLEDGECFO
Officer
40$252,746$7,387
NATHAN OLSONMUSICIAN
Highest-paid employee
30$237,670$20,946
DEBRA PENACHIEF ADMINISTRATIVE OFFICER
Officer
40$212,352$40,878
CHRISTOPHER ADKINSMUSICIAN
Highest-paid employee
30$212,404$33,346
KATIE MCGUINNESSVP OF ARTISTIC OPERATIONS
Officer
40$197,900$7,996
GLYNE GRIFFITHVP of EQ, DIV, INCLUS
Officer
40$184,900$7,396
MICHELLE MILLER BURNSPRESIDENT & CEO
Officer
40$185,743$3,703
DENISE MCGOVERNVP OF COMMUNICATIONS AND MEDIA
Officer
40$140,401$36,558
DIRECTORS-SEE ATTACHED LISTDIRECTORS
Trustee or director
1$0$0
990 for the year ended May 31, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
KIM NOLTEMYPRESIDENT & CEO
Officer
40$765,680$30,811
ALEX KERRMUSICIAN
Highest-paid employee
30$470,757$15,437
SCOTT WALZELMUSICIAN/CONS. FOR COMM.DEV.
Highest-paid employee
40$308,889$43,366
ANDREW CAMERONCFO thru 12/31/2023
Officer
40$290,276$39,164
TERRY LOFTISChief Advancement& Rev Officer
Officer
40$259,031$22,397
DEBRA PENACHIEF ADMINISTRATIVE OFFICER
Officer
40$227,460$40,793
NATHAN OLSONMUSICIAN
Highest-paid employee
30$209,493$22,483
CHRIS ADKINSMUSICIAN
Highest-paid employee
30$195,548$34,774
ERIN HANNIGANMUSICIAN
Highest-paid employee
30$197,972$24,844
KATIE MCGUINNESSCHIEF ARTISTIC OFFICER
Officer
40$202,900$10,116
GLYNE GRIFFITHVP of DEI
Officer
40$185,335$8,181
DENISE MCGOVERNVP OF COMMUNICATIONS AND MEDIA
Officer
40$132,768$34,753
NATHAN LUTZ to 4524VP of ORCHESTRA OPER. & EDU
Officer
40$142,751$22,171
MELISSA RUTLEDGECFO
Officer
40$14,423$0
Directors- see attachedDirectors
Trustee or director
1$0$0
990 for the year ended May 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
KIM NOLTEMYPRESIDENT & CEO
Officer
40$747,534$28,266
ALEX KERRMUSICIAN
Highest-paid employee
30$429,017$0
SCOTT WALZELMUSICIAN/CONS. FOR COMM.DEV.
Highest-paid employee
40$300,790$14,272
ANDREW CAMERONCFO
Officer
40$237,457$33,561
DEBRA PENACHIEF ADMINISTRATIVE OFFICER
Officer
40$223,646$39,429
JAMES LEFFLERVP OF DEVELOPMENT
Officer
40$206,017$19,870
NATHAN OLSONMUSICIAN
Highest-paid employee
30$213,074$11,472
CHRIS ADKINSMUSICIAN
Highest-paid employee
30$200,592$23,430
ERIN HANNIGANMUSICIAN
Highest-paid employee
30$195,320$13,322
KATIE MCGUINNESSVP OF ARTISTIC OPERATIONS
Officer
40$185,542$7,422
DENISE MCGOVERNVP OF COMMUNICATIONS AND MEDIA
Officer
40$131,952$35,389
KIM BURGAN Resigned 282023VP OF MARKETING
Officer
40$139,302$22,396
GLYNE GRIFFITHVP of EDISI
Officer
40$42,785$428
TERRY LOFTISChief Advancement& Rev Officer
Officer
40$21,154$0
Directors- see attachedDirectors
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2301 FLORA STREET SUITE 300, DALLAS, TX 75201-2413
In care of
% DEANIE SEWELL DAO
Principal officer (990 for 2024)
Michelle Miller Burns, 2301 FLORA STREET 300, DALLAS, TX 75201
Signed the 990
Michelle Miller Burns, PRESIDENT & CEO
Phone
(214) 871-4014
Return prepared by
BDO USA

Mission

TO INSPIRE AND CHANGE LIVES THROUGH MUSICAL EXCELLENCE.

990 for the year ended May 31, 2025

Program accomplishments

  • The Dallas Symphony Orchestra's mission statement is to inspire and change lives through musical excellence. It strives to be a key catalyst in making Dallas a world-class city and major cultural center with the DSO as a landmark. The DSO is ranked among the top American orchestras. The classical series, pops series and numerous events highlighting diversity in the city, along with youth concerts, number over 165 performances each year. As a community partner, the Dallas Symphony Orchestra sponsors the following programs: Community Connections (Free tickets distributed by social service agencies), Youth Strings (provides free instruments and music lessons to students), Young Musicians (provides free instruments and lessons for students at Dallas ISD sites across southern Dallas), Symphony Yes (provides musician ensembles to perform in area schools), DSO Kids (educational website for children and teachers), and MY DSO Concert (free concert for adults and children with autism and developmental disabilities). The Dallas Symphony Orchestra is a community of passionate music lovers making more music lovers.
    Expenses $40,218,038 · revenue $14,648,027

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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
75-0705442
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1967
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$27,129,203
Income (IRS master file)
$49,661,331

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$49,294,908$52,258,160$27,129,203XML
990-TMay 2025–––IRS
990May 2024$41,616,612$48,972,080$32,564,587XML
990-TMay 2024–––IRS
990May 2023$42,846,822$46,099,929$32,083,320XML
990-TMay 2023–––IRS
990May 2022$50,872,025$42,188,930$30,741,706IRS
990-TMay 2022–––IRS
990May 2021–––IRS
990-TMay 2021–––IRS
990May 2020–––IRS
990May 2018–––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 75-0705442).

Questions about DALLAS SYMPHONY ASSOCIATION INC

What is the EIN of DALLAS SYMPHONY ASSOCIATION INC?
The employer identification number (EIN) of DALLAS SYMPHONY ASSOCIATION INC is 75-0705442.
Is DALLAS SYMPHONY ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
Are donations to DALLAS SYMPHONY ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DALLAS SYMPHONY ASSOCIATION INC 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 DALLAS SYMPHONY ASSOCIATION INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DALLAS SYMPHONY ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of DALLAS SYMPHONY ASSOCIATION INC?
The 990 for the year ended May 31, 2025 names Michelle Miller Burns.
Who are the officers and directors of DALLAS SYMPHONY ASSOCIATION INC?
The 990 for the year ended May 31, 2025 lists 14 people; 13 received compensation from the organization, the highest $453,814 (ALEX KERR, MUSICIAN).
How much revenue does DALLAS SYMPHONY ASSOCIATION INC have?
On its 990 for the year ended May 31, 2025 it reported revenue of $49,294,908, expenses of $52,258,160 and total assets of $27,129,203 at year end.

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