Rogue Valley Symphony
Standards Not Met
- 8
- 11
- 12
- 16
- 17
- 1
- 3
- 6
- 7
- 14
Standards Not Met
Standards Legend
- Meets Standards
- Standards Not Met
- Did Not Disclose
- Review In Progress
- Unable to Verify
Standards For Charity Accountability
Governance
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Board Oversight
Oversight of Operations and Staff: Standard 1
Description
Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fundraising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances. -
Board Size
Number of Board Members: Standard 2
Description
Soliciting organizations shall have a board of directors with a minimum of five voting members.The organization meets this standard.
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Board Meetings
Frequency and Attendance of Board Meetings: Standard 3
Description
An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities. -
Board Compensation
Compensated Board Members: Standard 4
Description
Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.The organization meets this standard.
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Conflict of Interest
Conflict of Interest: Standard 5
Description
No transaction(s) in which any board or staff members have material conflicting interests with the charity resulting from any relationship or business affiliation. Factors that will be considered when concluding whether or not a related party transaction constitutes a conflict of interest and if such a conflict is material, include, but are not limited to: any arm's length procedures established by the charity; the size of the transaction relative to like expenses of the charity; whether the interested party participated in the board vote on the transaction; if competitive bids were sought and whether the transaction is one-time, recurring or ongoing.The organization meets this standard.
Measuring Effectiveness
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Effectiveness Policy
Board Policy on Effectiveness: Standard 6
Description
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission. -
Effectiveness Report
Board Approval of Written Report on Effectiveness: Standard 7
Description
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
Finances
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Program Expenses
Program Service Expense Ratio: Standard 8
Description
Spend at least 65% of its total expenses on program activities.Rogue Valley Symphony does not meet this standard because:Its CPA Reviewed financial statements for the fiscal year ended June 30, 2019, indicate that the organization spent $604,819 or 62.41% of its total expenses, $969,072, on program service activities.
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Fundraising Expenses
Fundraising Expense Ratio: Standard 9
Description
Spending should be no more than 35% of related contributions on fundraising. Related contributions include donations, legacies, and other gifts received as a result of fundraising efforts.The organization meets this standard.
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Accumulating Funds
Ending Net Assets: Standard 10
Description
Avoid accumulating funds that could be used for current program activities. To meet this standard, the charity's unrestricted net assets available for use should not be more than three times the size of the past year's expenses or three times the size of the current year's budget, whichever is higher.The organization meets this standard.
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Audit Report
Financial Statements: Standard 11
Description
Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $1 million, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $1 million, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.Rogue Valley Symphony does not meet this standard because:The organization does not conduct an annual audit of its financial statements, which BBB Standards require for charities with revenues exceeding $1 million. The organization does, however, have financial statements that were reviewed by a certified public accountant (CPA). A review is an accounting service providing some assurance to interested parties as to the reliability of financial data without the CPA conducting an examination in accordance with Generally Accepted Auditing Standards (GAAS).
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Detailed Expense Breakdown
Detailed Functional Breakdown of Expenses: Standard 12
Description
Include in the financial statements a breakdown of expenses (e.g., salaries, travel, postage, etc.) that shows what portion of these expenses was allocated to program, fundraising, and administrative activities. If the charity has more than one major program category, the schedule should provide a breakdown for each category.Rogue Valley Symphony does not meet this standard because:Its CPA Reviewed financial statements for the year-ended June 30, 2019did not include a detailed functional breakdown of expenses by natural classification (e.g., salaries, travel, postage, etc.) that shows what portion of these expenses was allocated to program, fundraising and administrative activities.
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Accurate Expense Reporting
Accuracy of Expenses in Financial Statements: Standard 13
Description
Accurately report the charity's expenses, including any joint cost allocations, in its financial statements. For example, audited or unaudited statements which inaccurately claim zero fundraising expenses or otherwise understate the amount a charity spends on fundraising, and/or overstate the amount it spends on programs will not meet this standard.The organization meets this standard.
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Budget Plan
Budget: Standard 14
Description
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fundraising, and administration.
Fundraising & Info
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Truthful Materials
Misleading Appeals: Standard 15
Description
Have solicitations and informational materials, distributed by any means, that are accurate, truthful and not misleading, both in whole and in part. Appeals that omit a clear description of program(s) for which contributions are sought will not meet this standard. A charity should also be able to substantiate that the timing and nature of its expenditures are in accordance with what is stated, expressed, or implied in the charity's solicitations.The organization meets this standard.
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Annual Report
Annual Report: Standard 16
Description
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fundraising and administrative categories as in the financial statements, and (iii) ending net assets.Rogue Valley Symphony does not meet this standard because:The organization did not produce an annual report for the past fiscal year.
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Website Disclosures
Web Site Disclosures: Standard 17
Description
Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.Rogue Valley Symphony does not meet this standard because:Its website, rvsymphony.org, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it did not include a link to an annual report.
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Donor Privacy
Privacy for Written Appeals & Internet Privacy: Standard 18
Description
Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.The organization meets this standard.
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Cause Marketing Disclosures
Cause Related Marketing: Standard 19
Description
Clearly disclose how the charity benefits from the sale of products or services (i.e., cause-related marketing) that state or imply that a charity will benefit from a consumer sale or transaction. Such promotions should disclose, at the point of solicitation: (a) the actual or anticipated portion of the purchase price that will benefit the charity (e.g., 5 cents will be contributed to abc charity for every xyz company product sold), (b) the duration of the campaign (e.g., the month of October), (c) any maximum or guaranteed minimum contribution amount (e.g., up to a maximum of $200,000).The organization meets this standard.
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Complaints
Complaints: Standard 20
Description
Respond promptly to and act on complaints brought to its attention by the BBB Wise Giving Alliance and/or local Better Business Bureaus about fundraising practices, privacy policy violations and/or other issues.The organization meets this standard.
Conclusion
Rogue Valley Symphony does not meet the following 5 Standards for Charity Accountability:
Standard 8: Program Service Expense Ratio - Spend at least 65% of its total expenses on program activities.
Rogue Valley Symphony does not meet this standard because:Its CPA Reviewed financial statements for the fiscal year ended June 30, 2019, indicate that the organization spent $604,819 or 62.41% of its total expenses, $969,072, on program service activities.
Standard 11: Financial Statements - Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $1 million, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $1 million, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.
Rogue Valley Symphony does not meet this standard because:The organization does not conduct an annual audit of its financial statements, which BBB Standards require for charities with revenues exceeding $1 million. The organization does, however, have financial statements that were reviewed by a certified public accountant (CPA). A review is an accounting service providing some assurance to interested parties as to the reliability of financial data without the CPA conducting an examination in accordance with Generally Accepted Auditing Standards (GAAS).
Standard 12: Detailed Functional Breakdown of Expenses - Include in the financial statements a breakdown of expenses (e.g., salaries, travel, postage, etc.) that shows what portion of these expenses was allocated to program, fundraising, and administrative activities. If the charity has more than one major program category, the schedule should provide a breakdown for each category.
Rogue Valley Symphony does not meet this standard because:Its CPA Reviewed financial statements for the year-ended June 30, 2019did not include a detailed functional breakdown of expenses by natural classification (e.g., salaries, travel, postage, etc.) that shows what portion of these expenses was allocated to program, fundraising and administrative activities.
Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fundraising and administrative categories as in the financial statements, and (iii) ending net assets.
Rogue Valley Symphony does not meet this standard because:The organization did not produce an annual report for the past fiscal year.
Standard 17: Web Site Disclosures - Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.
Rogue Valley Symphony does not meet this standard because:Its website, rvsymphony.org, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it did not include a link to an annual report.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 14, 7, 6, 3, 1
Rogue Valley Symphony meets the remaining 10 Standards for Charity Accountability.
Purpose
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Year, State Incorporated
1967, OR
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Stated Purpose
Rogue Valley Symphony Association is dedicated to promoting, advertising, and presenting musical concerts of the Rogue Valley Symphony Orchestra and to encourage the cultural growth of the Rogue Valley and surrounding communities.
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Also Known As:
Rogue Valley Symphony Association
Programs
The Rogue Valley Symphony is committed to bringing live performances of classical music to those living in and visiting the communities of Southern Oregon. They believe music is essential to the human experience and has the power to enrich lives beyond measure. They strive to offer exciting and memorable experience whether it is your first time, or your hundredth time, attending one of their concerts.Under the direction of Music Director Martin Majkut, the Rogue Valley Symphony (RVS) presents from September through April a Masterworks subscription series of six concerts, each of which is performed in Ashland, Medford and Grants Pass. Diverse repertoire by the greatest classical composers of the past and present, combined with renowned guest artists, create exceptional performances.The Rogue Valley Symphony is composed of professional musicians from the local area and beyond. Some of our musicians come from as far away as Portland, Eugene, Sacramento and even the Bay area – attracted by the beauty of our area, the opportunity to work under Maestro Majkut and by the chance to perform interesting repertoire in a supportive working environment.The Rogue Valley Symphony is proud to deliver first-rate music education programs to the schools in Southern Oregon and Northern California. Music education at an early age enhances creativity and improves language and reading skills. Learning to play an instrument has a direct impact on intellectual development, heightens a student’s sense of achievement and increases self-esteem and confidence. It teaches self-discipline and provides a means of self-expression.- The Classical Coaches in the Classroom program serves more than 1,000 6th through 12th grade students each school year, placing professional musicians from the Rogue Valley Symphony in middle and high school orchestra and band classrooms to work with students in sectionals and large group configurations.- Link Up is a music education program created by Carnegie Hall to unite the classroom with the concert hall, giving students in grades 3–5 the opportunity to explore music through a year-long curriculum of classroom activities and a culminating concert in which students perform with a professional orchestra. The RVS gives free weekly music lessons to all the 3rd, 4th and 5th grade students in the Phoenix/Talent school district. Using a curriculum designed by Carnegie Hall, RVS musicians bring music back to schools where there has been no regular music teacher since the recession. Every student in the program performs learned repertoire in an exciting interactive concert with the full symphony at the end of the school year.- The Rogue Valley Symphony Brass Quintet began travelling to classrooms throughout our region. Every school year the RVS education programs serve more than 10,000 kindergarten through 12th grade students in Jackson, Josephine, Klamath and Siskiyou counties. The RVS Brass Quintet visits schools throughout the area to introduce young people to their instruments and to classical and contemporary chamber music. The RVS Student Voucher Program allows one Student and one Adult to come for free their Medford or Grants Pass performances. Any extra adults are $20 each and any extra students are $5 each. Tickets are limited and vouchers are accepted based on availability of seats.
For the year ended June 30, 2019, Rogue Valley Symphony program expenses were:
| Artistic Programs | $480,614 |
| Concert Programs | $71,967 |
| Production | $52,238 |
| Program Expenses | $604,819 |
Governance & Staff
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CEO
Ms. Joelle Graves, Executive Director
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Compensation*
¤0.00
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Board Chair
Mr. Paul B Smith, Senior Vice President, Financial Advisor
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Chair's Profession / Business Affiliation
Morgan Stanley
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Board Size
11
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Paid Staff Size
17
Fundraising
Method(s) Used:
Direct mail appeals, Invitations to fundraising events, Grant proposals, Internet, Planned giving arrangements.
% of Related Contributions on Fundraising: 15.24%
Tax Status
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
Financial
The following information is based on Rogue Valley Symphony's Audited financial statements for the fiscal year ending June 30, 2019
| Source of Funds | |
|---|---|
| Contributions | $579,487 |
| Ticket sales | $349,262 |
| Grants | $120,749 |
| OCF distributions | $54,899 |
| Miscellaneous | $4,931 |
| Interest/investment income | $3,057 |
| Total Income | $1,112,385 |
Breakdown of Expenses
| Total Income | $1,112,385 |
| Total Expenses: | $969,072 |
| Program Expenses | $604,819 |
| Fundraising Expenses | $115,091 |
| Administrative Expenses | $249,162 |
| Other Expenses | $0 |
| Income in Excess of Expenses | $143,313 |
| Beginning Net Assets | $2,327,667 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $2,501,309 |
| Total Liabilities | $279,649 |
| Total Assets | $2,780,958 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau ® is a registered service mark of International Association of Better Business Bureaus.
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