Charity
SINGAPORE CHINESE ORCHESTRA COMPANY LIMITED
About
What does SINGAPORE CHINESE ORCHESTRA COMPANY LIMITED do?
Singapore Chinese Orchestra Company Limited is a professional national Chinese orchestra that performs traditional and contemporary music, with a unique blend of Southeast Asian cultural elements. Their mission is to inspire both Singapore and the world through their performances. The company has over 80 musicians who perform in various concerts and outreach events throughout the year. They also offer educational workshops and nurture young talent through the Singapore National Youth Chinese Orchestra.
Founded
1996
People
chan tze law, dairianathan eugene iruthayaraj, heng boey hong, ho tong yen, jeya poh wan s/o k suppiah, ng siew quan, wu hsioh kwang, chan kok hua, eric james watson, han yong may
Causes
AllEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1996
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Cultural preservation and promotion: SCO plays a crucial role in preserving traditional Chinese music and culture, while also incorporating modern elements to create unique performances that appeal to diverse audiences.
- Community engagement: Through its concerts, workshops, and educational programs, the orchestra fosters community involvement and provides opportunities for people of all ages to appreciate and learn about Chinese music and culture.
- Economic impact: As a professional national Chinese orchestra, SCO contributes to Singapore's cultural economy by attracting tourists and generating revenue through ticket sales, merchandise, and sponsorships.
- International recognition: The orchestra has gained global recognition for its high performance standards and versatility, representing Singapore on the international stage at various festivals and concerts worldwide.
- Youth development: SCO provides opportun
Donation Income
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Financials
Donation Income
What are the donations used for?
- Cultural preservation and promotion: SCO plays a crucial role in preserving traditional Chinese music and culture, while also incorporating modern elements to create unique performances that appeal to diverse audiences.
- Community engagement: Through its concerts, workshops, and educational programs, the orchestra fosters community involvement and provides opportunities for people of all ages to appreciate and learn about Chinese music and culture.
- Economic impact: As a professional national Chinese orchestra, SCO contributes to Singapore's cultural economy by attracting tourists and generating revenue through ticket sales, merchandise, and sponsorships.
- International recognition: The orchestra has gained global recognition for its high performance standards and versatility, representing Singapore on the international stage at various festivals and concerts worldwide.
- Youth development: SCO provides opportun
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
Financial Information
Source: Charity PortalCharities and IPCs are required to prepare the financial statements in accordance to the Charities (Accounts and Annual Report) Regulations and the Charities (Institutions of A Public Character) Regulations, where applicable. The financial statement is available online for latest 3 financial years.
| Receipts | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 1,013,810 | 284,986 | 673,785 |
| Non Tax-Deductible | 378,961 | 453,483 | 616,866 |
| Total Donations in Cash | 1,392,771 | 738,469 | 1,290,651 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 49,444 | 2,000 | 22,177 |
| Total Donations in Kind | 49,444 | 2,000 | 22,177 |
| Government Grants | 13,409,469 | 13,840,651 | 15,265,446 |
| Investment Income | -2,062,372 | -722,159 | 5,583,159 |
| Programme Fees | 551,896 | 74,752 | 40,530 |
| Others Income | 1,039,359 | 662,366 | 483,112 |
| Total Receipts | 14,380,567 | 14,596,079 | 22,685,075 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 221,054 | 0 | 66,366 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 12,946,806 | 12,071,438 | 11,643,418 |
| Overseas (Direct & Support) | 38,388 | 0 | 0 |
| Charitable Activities/Programme Expenses | 12,985,194 | 12,071,438 | 11,643,418 |
| Expenses | |||
| Other Expenses | 8,133,707 | 7,469,553 | 6,961,612 |
| Total Expenditure | 21,339,955 | 19,540,991 | 18,671,396 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 930,328 | 3,903,330 | 6,987,332 |
| Investments | 38,476,202 | 41,289,263 | 44,843,250 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 6,868,086 | 5,822,576 | 4,923,281 |
| Cash & Deposits | 27,291,545 | 28,404,815 | 28,866,718 |
| Other Assets | 3,283,408 | 430,819 | 1,817,191 |
| Total Assets | 76,849,569 | 79,850,803 | 87,437,772 |
| Funds | |||
| Total Unrestricted Funds | 31,467,188 | 38,426,576 | 43,371,488 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 38,866,066 | 38,866,066 | 38,866,066 |
| Total Funds and Reserves | 70,333,254 | 77,292,642 | 82,237,554 |
| Liabilities | |||
| Total Current Liabilities | 4,480,068 | 2,156,657 | 4,056,774 |
| Total Non-Current Liabilities | 2,036,247 | 401,504 | 1,143,444 |
| Total Liabilities | 6,516,315 | 2,558,161 | 5,200,218 |
| Total Funds and Liabilities | 76,849,569 | 79,850,803 | 87,437,772 |
| Other Information | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | 0 |
| No. of Employees | 131 | 130 | 130 |
| Total Employee Cost | 11,337,686 | 10,793,515 | 10,713,053 |
| Fudnraisig Efficiency Ratio | 21 | 0 | 32 |
| Total Related Party Transactions | 812,702 | 1,102,159 | 1,383,012 |
People
People at the Singapore Chinese Orchestra Company Limited play traditional and contemporary music, blending Southeast Asian cultural elements in their performances to inspire both Singapore and the world. They also offer educational workshops and nurture young talent through various concerts, outreach events, and the Singapore National Youth Chinese Orchestra.
chan tze law
dairianathan eugene iruthayaraj
heng boey hong
ho tong yen
jeya poh wan s/o k suppiah
ng siew quan
wu hsioh kwang
chan kok hua
eric james watson
han yong may
News
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