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The Victoria Symphony Society (VSS) enriches lives through sharing the experience of extraordinary music. It provides concerts, educates people through its outreach programs, and contributes to the artistic and cultural scenes of different communities on Vancouver Island. In the 2019/2020 fiscal year, despite canceling their season in the last quarter, they held over 55 concerts and events with over 93,000 in attendance. With the worldwide pandemic, VSS was required by provincial health authorities to cancel its F2019/20 season in March 2020. It will not be able to perform live again until there is a vaccine or treatment available for Covid 19 as it is in Phase 4 of the BC reopening plan. The organization has decided to pivot to a virtual program, which will begin in September 2020.
A breakdown of financial data for Victoria Symphony Society by year.
(Financial Data is sourced from Canada Revenue Agency)| Year | Revenue | Expenses | Total Assets | Liabilities | Total Compensation | Program Expenditures | Management Expenditures | Fundraising Expenditures |
|---|---|---|---|---|---|---|---|---|
| 2022 | $4,475,567.00 | $5,029,454.00 | $1,456,666.00 | $486,423.00 | $838,623.00 | $3,765,264.00 | $970,038.00 | $174,365.00 |
| 2021 | $5,326,104.00 | $4,632,083.00 | $1,275,952.00 | $353,189.00 | $851,193.00 | $2,110,811.00 | $957,111.00 | $62,601.00 |
| 2020 | $5,035,854.00 | $4,786,031.00 | $1,691,176.00 | $907,366.00 | $965,202.00 | $3,490,981.00 | $1,081,571.00 | $213,479.00 |
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