154K
Individualsdirectlyserved throughconcerts, educationprograms,and communityengagement
$19.5M ineconomicimpactfor Columbus.TheCSOisan importanteconomicpartner forourregionand statewideartssector
442 performancesand programsintheconcert hall,schools,community spaces,andmore
WE ARE HERE FOR YOU
In 2022-23, the CSO continued serving our community through “We are here for YOU,” an innovative three-year initiative centered on extraordinary and meaningful service, which is making music accessible to all A sample includes:
Here for Students
250 students enrolled in 4 youth orchestras
5,076 students attended Young People’s Concerts
7,547 students accessed free remote curriculum
11,000 students reached at school concerts
Here for Families
2,525 children ages 6-16 attended Masterworks concerts for free
Here for Neighorhoods
6 free community concerts at local parks in diverse neighborhoods
Here for Heroes
1,600 free tickets for veterans, active-duty military, front-line workers, and families
Here for Ohio
10 Ohio counties outside of Franklin County were directly served by CSO programs in their communities, reaching 16 zip codes
14,000 people reached across the state through performances outside our concert hall
Here for Inspiration
Over 4,000 hospital workers and families reached during our visits
23 free performances at senior/assisted living facilities
Y E A R I N R E V I E W
2023 2022 Cash and Cash Equivalents $14,146,705 $10,877,933 Pledges receivable and other current assets 4,475,591 4,354,223 Total Current Assets 18,622,296 15,232,156 Pledges receivable 8,543,440 7,582,574 Investments 21,632,464 20,205,290 Property and equipment, net 67,803 15,820 Total Non-current Assets 30,358,812 27,803,684 Total Assets $48,981,108 $43,305,840 Accounts Payable $62,642 $45,633 Accrued Expenses and Other Liabilities 1,401,391 955,387 Advance Ticket Sales 1,286 0 Other Deferred Revenue 113,998 127,899 Total Current Liabilities 1,629,272 1,128,919 Total Non-Current Liabilities 66,633 0 Total Liabilities 1,695,905 1,128,919 Net Assets Without Donor Restrictions 9,589,383 10,364,595 Net Assets With Donor Restrictions 37,695,820 31,542,326 Total Net Assets 47,285,203 41,906,921 Total Liabilities and Net Assets $48,981,108 $43,035,840 2023 2022 ContributedRevenue $5,874,737 $5,525,750 EarnedRevenue 3,832,975 3,162,174 TotalOperatingRevenue 9,707,712 8,687,924 ProgramExpenses 8,361,517 7,414,771 Management&AdministrativeExpenses 835,016 882,267 FundraisingExpenses 503,880 376,037 TotalOperatingExpenses 9,700,413 8,673,075 Change in Operating Net Assets $7,299 $14,849 Fundraising Expense 5% Administrative Expense 9% atAugust31,2023and2022 Statement of Operating Activities FortheyearsendedAugust31,2022and2021 Operating Ratios for Fiscal Year 2023 atAugust31,2023and2022 Contributed Revenue 61% Earned Revenue 39% Program Expense 86%
