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Arts, Culture & Humanities · 2023 Form 990

Detroit Symphony Orchestra Hall Inc: $39.2M Revenue, $31.2M Program Expenses

Detroit, Michigan · EIN 381385132 · Filing year 2023

Detroit Symphony Orchestra Hall Inc reported $39.2M in total revenue, $39.9M in total expenses, and $116.6M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($31.2M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (67/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

B
Efficiency Score
67/100

Key Facts (2023 Form 990)

Total Revenue
$39.2M
Total Expenses
$39.9M
Program Expenses
$31.2M
Program Expense Ratio
78.0%
Total Assets
$116.6M
Reserve Months
35.0 months
EIN
381385132
Latest 990 Year
2023
Top Officer Compensation
Not reported

Detroit Symphony Orchestra Hall Inc grades a B on the nonprofit efficiency rubric. 67/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

At $39.2M in 2023 revenue, Detroit Symphony Orchestra Hall Inc sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.

Revenue has been roughly stable over the five-year filing window. The pattern is normal for established organizations operating in a mature program area. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Detroit Symphony Orchestra Hall Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$39.2M
Revenue
$39.9M
Expenses
$116.6M
Total Assets
78.0%
Program Spending

How Detroit Symphony Orchestra Hall Inc Compares

Detroit Symphony Orchestra Hall Inc directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 67/100 is 2 points below the Arts, Culture & Humanities category average. The organization holds 35.0 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$31.2M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
35.0 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Detroit Symphony Orchestra Hall Inc, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Detroit Symphony Orchestra Hall Inc has an Efficiency Score of B (67/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Detroit Symphony Orchestra Hall Inc, Donor FAQ

Detroit Symphony Orchestra Hall Inc has an Efficiency Score of B (67/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Detroit Symphony Orchestra Hall Inc is not reported in the most recent IRS 990 filing on file.

Detroit Symphony Orchestra Hall Inc reported $39.2M in annual revenue and $39.9M in total expenses for filing year 2023. The organization holds $116.6M in total assets.

For every dollar donated to Detroit Symphony Orchestra Hall Inc, approximately 78.0 cents goes to program activities. The organization has 35.0 months of operating reserves, providing financial stability to sustain its mission.

Detroit Symphony Orchestra Hall Inc is a registered 501(c) organization with EIN 381385132, based in Detroit, Michigan. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.