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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Virginia Symphony Foundation

Virginia Symphony Foundation

Fiscal year ending 2021. Filed on May 13, 2022.

150 Boush Street No 201
Norfolk, Virginia 23510

Virginia Symphony Foundation (EIN: 52-1597415) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Virginia Symphony Foundation, a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $138,346. The highest compensated employee at Virginia Symphony Foundation is Karen Philion with fiscal year 2021 compensation of $169,047.

Revenue, expenses, and employee compensation

Revenue

$1,832,881

Expenses

$242,888

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Karen Philion
Executive Director
$169,047
$0 $155,535 $13,512
Teresa Kraus
Chief Financial Officer
$123,496
$0 $100,047 $23,449
Elizabeth Baroody
Vice President, Development
$122,496
$0 $112,338 $10,158

Benchmark Employee Compensation

Non-Employee Board Members

Bette Minette Cooper
Secretary
Bob Petterson
Treasurer
Chris Johnson
Director
Christina Goode
Director (Until 6.30.21)
Howard Kern
Director
Jane Short
Director
Michael McClellan
Director
Patrick McDermott
Director
Steve Winter
Director
Winthrop Short Jr
President

Mission Statement

PROVIDE FINANCIAL SUPPORT TO VIRGINIA SYMPHONY ORCHESTRA BY ADMINISTERING FUNDS AND PROPERTY, ENGAGING IN OTHER ACTIVITIES AS QUALIFY FOR AN EXEMPT ORGANIZATION, SOLICIT AND RECEIVE FUNDS AND PROPERTY BY GIFT, TRANSFER, DEVISE OR BEQUEST AND ADMINISTERING AND APPLYING SUCH FUNDS AND PROPERTY ONLY IN FURTHERANCE OF THESE PURPOSES.THE FOUNDATION ALSO RECEIVES RESTRICTED GIFTS WHOSE INVESTMENT INCOME IS DISTRIBUTED TO THE SYMPHONY ANNUALLY FOR CERTAIN PROGRAMMING ACTIVITIES INCLUDING FAMILY CONCERTS, EDUCATION, MASTER CLASSES, PROGRAMMING AND OUTREACH IN THE SUFFOLK AREA AND TO UNDERWRITE GUEST ARTISTS.

Revisions to this organization profile

May 14, 2025:
2024 Virginia Symphony Foundation 990 filed
May 14, 2024:
2023 Virginia Symphony Foundation 990 filed
March 23, 2023:
2022 Virginia Symphony Foundation 990 filed

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