Greater Akron Musical Association Inc Sponsor for Akron Symphony Orc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Akron Symphony enriches the lives of audiences, musicians, and our community through exceptional symphonic music, and meaningful, collaborative, and educational programming that welcomes, connects, and engages a broad and diverse regional community.
- Income
- $1.9 million
- Spending
- $2.0 million
- Spent on programs
- 78%
- Reserves
- -0.2 months of spending
- Largest source of income
- donations and private grants, 79%
- Employees
- 272
- Volunteers
- 210
- Highest pay
- $88,273, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 43 out of 100. Higher than 13% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 59% of what it owns.
Living within its means
8 of 15Spending exceeded income by 5% of income.
Income trend
15 of 15Income rose 7% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 10 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 49% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2526 of 26 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.5 million spent. The Akron Symphony Orchestra presents seven classical concerts, one Holiday Pops concert, the annual Gospel Meets Symphony concert, four performances by the Akron Youth Symphony and Philharmonic, and three performances in the City of Akron's Summer Parks Concert series. For youth, the Akron Symphony Orchestra presents Concerts for Kids series, the Head Start Music Program, and the Carnegie Hall Link Up program each spring. Close to 100,000 individuals are served in a season - including approximately 8,000 young people. The Akron Symphony Orchestra prioritizes building meaningful relationships and community ties through music. The organization is passionate about collaborations with local artists and musicians and uses those relationships to broaden its reach and serve citizens across the greater Akron area.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1964.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.