Venice Symphony, Inc.
PO Box 1561
Venice FL 34284
Mission
Provide funding for symphony performances which provide education and cultural richness to the Venice and surrounding communities.
Leadership
CEO/Executive Director Ms. Christine Kasten
Board Chair Mr. Warren Hall
Board Chair Affiliation Community Volunteer
General Info
Organization DBA
DBA
The Venice Symphony
Tax Exempt Status Public Supported Charity
Incorporation Year 1974
Awarded competitive grant from Community Foundation in the last 5 years? Yes
State Charitable Solicitations Permit Yes July 2017
State Registration Yes May 2017
IRS Letter of Determination
View
Financial Summary
 
 
Projected Revenue $962,500.00
Projected Expenses $957,250.00
Impact Statement
  • 125 students participated in the Venice Symphony Summer Music Camp in July 2015. 
  • Symphony members traveled to schools in the Sarasota County area demonstrating instruments for over 2000 3rd grade students in 19 schools. A concert was given near the end of the school year for all 3rd grade students who participated in the demonstrations.

Needs Statement
  1. Underwriting for performances.
  2. Scholarships for summer music camp for children aged 8-17
  3. Funding for musicians' meals during matinee performances in the community.
  4. Underwriting for symphony in-school programs instilling the love of music in children.
  5. Supporting purchase of sheet music for music library.
Background Statement

The Venice Symphony has become the pride of South Sarasota County. Residents and tourists fill its performance hall for seven sets of concerts each November through April.

The Venice Symphony provides cultural enrichment for South Sarasota County and enhances the area's cultural image for residents and visitors through performances of classical works and "pops" selections. It serves as a source of music appreciation education for the community and provides a stimulating musical experience for professional musicians, promising students, retirees with musical talents, and its audience. A free concert is presented annually for all 3rd graders in our Symphony in the Schools program at the Venice Performing Arts Center .

When the symphony was founded in 1974, the musicians were volunteers including an eighty-six year old French horn player and an eight year old boy and his grandmother, both playing violins. Initially, admission was free with area businesses and contributors covering the costs of music and printing. As operating costs increased and the orchestra became professional, with the seventy-five musicians receiving compensation, it became necessary to charge for admission. Today the Symphony is funded through ticket sales, private and corporate contributions, Tourist Development Council, Sarasota County Arts Council, Friends of the Symphony and other philanthropic organizations, and grants. In 1990 a staff was added to manage the Symphony and its library of music, engage orchestra personnel, and handle the staging of the concerts. The publisher of a local newspaper has praised Venice Symphony as being one of the most exemplary models for efficiency in the arts

Areas Served
Areas Served
Area
FL- Sarasota
Areas Served Comments
Primarily serve Sarasota and Manatee Counties.
Service Categories
Primary Org Type Arts,Culture & Humanities
Secondary Org Type Arts,Culture & Humanities
Tertiary Org Type Arts,Culture & Humanities
Statement from the Board Chair/Board President
The vibrant Venice Symphony is engaging the community & enriching its quality of life through  live musical & educational programs.
Statement from the CEO/Executive Director
Music is essential to our lives and our new venue at the Venice Performing Arts Center further enhances our capabilities. We are an important asset to our community. Your gift is important to the Venice Symphony and essential to our existence. We know that any gift you give is important because it comes from the heart.
Programs
Description
This exciting program reaches students grades 4 to 12 and is held at Island Village Montessori School in Venice. The camp provides instrumental and vocal instruction (beginning and intermediate), music games, mini concerts, music theory, Jazz Band, keyboard labe and conducting.
Budget $30,000
Category Arts, Culture & Humanities, General/Other Music Appreciation
Program Linked to Organizational Strategy Yes
Population Served K-12 (5-19 years)
Short Term Success
Participating campers enjoy a safe, friendly and enriching environment to learn about and strengthen their appreciation for music and ability to perform.
Long Term Success
Children and teens enrolled in Summer Music Camp will be instilled with a life-long love for music, appreciation for the history of music, and possibly become professional or volunteer performers. Students gain self-confidence to pursue life's challenges.
Program Success Monitoring
  • The number of students enrolled- target of 110 each year
  • Assessment of students by instructors
  • Students present a concert for family, friends and the community on the final day 
Program Success Examples
A perfect example of program success is visible at the end-of-camp concert provided to the community. It is evident that the campers thoroughly enjoy themselves and confidently present their skills in music.
Description
Symphony in the Schools program is for third graders at 19 South Sarasota Schools. Symphony musicians teach a program of music based on the third grade literature curriculum and inserted is history and music appreciation of the period when the music was created, A final concert is given to 2000 students and their teachers.
Budget $30,000
Category Arts, Culture & Humanities, General/Other Arts, Culture & Humanities, General/Other
Program Linked to Organizational Strategy Yes
Population Served Children Only (5 - 14 years) Children Only (5 - 14 years) Children Only (5 - 14 years)
Short Term Success
Short term success is determined by their attendance and their participation. There is also a final report by the teachers.
Long Term Success
Success is asserted by attendance to the program and assessed by teachers in the classroom. The success of the children is assessed by their advancement in their studies. If they pursue music education it is deemed very successful.
Program Success Monitoring
There is an assessment toll given to every teacher. Participating musicians also give a verbal and written assesment of the program
Program Success Examples
Hundreds of letters the symphony receives annually from parents, teachers, and students. Attendance at the finnal concert is also a measurement
Comments
Program Comments by Organization We have moved from a 600 seat venue to a 1000 + seat performing arts center and have sharply expanded our audience base because of it.  We also have a new interim Conductor/Music Director starting with us the 2016-17 season, famed conductor Imre Pallo.
CEO/Executive Director
CEO/Executive Director Ms. Christine Kasten
CEO Term Start May 2016
CEO/Executive Director Email ckasten@thevenicesymphony.org
Experience
Over 25 years of sales, marketing, management and fundraising, experience.
Former CEOs/Executive Directors
NameTerm
Senior Staff
NameTitle
Mrs. Ida Kiss Operations manager
Ms. Emily Yandell Marketing Coordinator
Staff & Volunteer Statistics
Full Time Staff 3
Part Time Staff 1
Staff Retention Rate % 100
Professional Development Yes
Contractors 75
Volunteers 50
Management Reports to Board Yes
CEO/Executive Director Formal Evaluation Yes
Senior Management Formal Evaluation Yes
Non-Management Formal Evaluation Yes
Collaborations
  • Sarasota County School Board for the Symphonies in Schools program
  • Venice Theatre for shared advertising
  • Island Montesorri School
  • The Venice Chorale
  • Venice  Art Center
Affiliations
AffiliationYear
Leage of American Orchestras - Member
Venice Area Chamber of Commerce
Arts and Cultural Alliance of Sarasota County
External Assessments and Accreditations
Assessment/AccreditationYear
Awards & Recognition
Award/RecognitionOrganizationYear
Best of VeniceVenice Gondolier2015
Risk Management Provisions
Government Licenses
Organization Licensed by the Government No
Plans
Fundraising Plan No
Communication Plan Yes
Strategic Plan No
Strategic Plan Years 3
Strategic Plan Adopted Sept 2012
Management Succession Plan No
Continuity of Operations Plan No
Policies
Nondiscrimination Policy No
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
Policies and Procedures Yes
Board Chair
Board Chair Mr. Warren Hall
Company Affiliation Community Volunteer
Board Term June 2016 to May 2017
Board Chair Email
Board Members
Board Members
NameAffiliation
Mr. Bob Anderson Lawyer
Mr. Elliot Corn retired
Warren Hall Community Volunteer
Rona Herdman Retired TV Show Host
Ms. Diane Houston Retired
Mr. Floyd Juday Retired
Mr. Paul McCullough retired
Ms. Carrie Metzger Retired
Mrs. Donna Perkins retired business professional
Ms. Vanessa Wassenar Community Volunteer
Mr. Mack Wilcox retired business professional
Mrs. Janice Zarro retired business professional
Student serving on the board through Community Youth Development? No
Constituency Includes Client Representation Yes
Board Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 12
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Gender
Male 6
Female 6
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 2
Board Orientation Yes
Number of Full Board Meetings Annually 12
Board Meeting Attendance % 81
Board Self-Evaluation Yes
Written Board Selection Criteria Yes
Board Conflict of Interest Policy Yes
% of Board Making Monetary Contributions 100
% of Board Making In-Kind Contributions 95
Standing Committees
Audit
Board Governance
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Executive
Finance
Comments
Governance Comments by Organization
We continue to seek diversified and qualified applicants for the board. The shift to the new Venice Performing Arts Center in 2014 has brought unique opportunities.
Fiscal Year Projections
Fiscal Year Begins 2016
Fiscal Year Ends 2017
Projected Revenue $962,500.00
Projected Expenses $957,250.00
Organization has Endowment Yes
Endowment Value $470,000.00
Endowment Spending Policy Percentage
Capital Campaign
In a Capital Campaign No
Campaign Purpose
Campaign Goal
Campaign Dates 0 to 0
Amount Raised To Date 0 as of 0
IRS Form 990s
990 2014-20152015
990 2013-20142014
9902013
9902012
9902011
9902010
9902009
9902008
Historical Financial Review
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
$0$0$0
Government Contributions$30,808$0$0
Federal$0$0$0
State$0$0$0
Local$0$0$0
Unspecified$30,808$0$0
Individual Contributions$219,254$277,013$302,661
$0$0$0
$533,925$392,937$350,716
Investment Income, Net of Losses$3,537$68,949$68,930
Membership Dues$0$0$0
Special Events$9,062$23,519$35,025
Revenue In-Kind$0$0$0
Other$0$0$0
Expense Allocation
Fiscal Year201520142013
Program Expense$587,952$508,520$422,929
Administration Expense$234,049$219,862$192,963
Fundraising Expense$3,761$0$16,545
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses0.961.051.20
Program Expense/Total Expenses71%70%67%
Fundraising Expense/Contributed Revenue1%0%5%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$968,675$1,018,427$968,124
Current Assets$929,799$982,243$966,433
Long-Term Liabilities$0$0$0
Current Liabilities$89,870$122,596$106,329
Total Net Assets$878,805$895,831$861,795
Top Funding Sources
Fiscal Year201520142013
Top Funding Source & Dollar AmountTicket Sales $429,412Ticket Sales $352,483Ticket Sales $304,329
Second Highest Funding Source & Dollar AmountContributions, gifts, grants $219,254Contributions, gifts, grants $277,013Contributions, gifts, grants $302,661
Third Highest Funding Source & Dollar AmountDick Hyman Show $67,750Music Camp $26,404Investment income $68,930
CEO/Executive Director Compensation $50,001 - $75,000
Solvency
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities10.358.019.09
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Financials Comments
Financial Comments by Foundation
Financial figures taken from 990.  990s and audits are reconciled for 2008, 2010 - 2013.  2009 audit not provided.  Audit for 2014 not available at time of review.  Foundation, corporations and congregations are included with individual contributions as they are not separated in 990s.
 
Nonprofit Venice Symphony, Inc.
Address PO Box 1561
Venice, FL 34285
Phone 941 488-1010

THE COMMUNITY FOUNDATION OF SARASOTA COUNTY, INC. IS A REGISTERED 501(C)(3) NON-PROFIT CORPORATION. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE (1-800-HELP-FLA) OR FROM THE WEBSITE: WWW.FRESHFROMFLORIDA.COM. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. ONE HUNDRED PERCENT (100%) OF EACH CONTRIBUTION IS RECEIVED BY THE COMMUNITY FOUNDATION OF SARASOTA COUNTY. REGISTRATION #SC-02471.