WEST HARTFORD SYMPHONY ORCHESTRA INC

EIN: 020561321 501(c)(3) Arts, Culture & Humanities

West Hartford, CT

Total Revenue
$268,094
Total Expenses
$58,097
Total Assets
$284,409
Net Assets
$284,409
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
CT
Principal Officer
Matthew Grzyb
Phone
8605214362
Tax Period
2022-07-01 to 2023-06-30

WEST HARTFORD SYMPHONY ORCHESTRA INC, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $268K in total revenue in fiscal year 2022. Revenue surged 675% from the prior year, signaling strong growth momentum. The organization ran a surplus of $210K, a strong 78% operating margin.

Mission

West Hartford Symphony Orchestra serves as a community orchestra, primarily for the benefit of the residents of West Hartford, CT providing opportunity for local amateur musicians to rehearse and perform before a community audience.

Program Service Accomplishments

Program 1
Expenses: $58,097 Revenue: $268,095

MUSICAL PERFORMANCES AND REHEARSALS. ABOUT 60 MUSICIANS PARTICIPATE, NEARLY ALL AMATEURS, JOINED BY SEVERAL PROFESSIONALS. FOUR CONCERTS ARE GIVEN BEFORE AUDIENCES TOTALING ABOUT 2,200 PATRONS, WITH...

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MUSICAL PERFORMANCES AND REHEARSALS. ABOUT 60 MUSICIANS PARTICIPATE, NEARLY ALL AMATEURS, JOINED BY SEVERAL PROFESSIONALS. FOUR CONCERTS ARE GIVEN BEFORE AUDIENCES TOTALING ABOUT 2,200 PATRONS, WITH REHEARSALS BEFORE EACH CONCERT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $249,616
Program Service Revenue $12,927
Investment Income $5,551
Other Revenue $0
TOTAL REVENUE $268,094

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $58,097
Other Expenses $55,097
TOTAL EXPENSES $58,097

Year-over-Year Comparison

2022 2021 Change
Revenue $268,094 $34,576 +6.8%
Expenses $58,097 $56,001 +0.0%
Net Income $209,997 $-21,425 -10.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
N/A
Employees
N/A
Volunteers
15

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Bennet Director 3
Director
$0 $0 $0
James Carroll Director 0
Director
$0 $0 $0
Martha Chiarappa Director 0
Director
$0 $0 $0
Karen Walsh Director 1
Director
$0 $0 $0
Donald Bassett Director 0
Director
$0 $0 $0
Mary Silverberg Director 0
Director
$0 $0 $0
Leon Davidoff Director 0
Director
$0 $0 $0
George Fazzina President 3
Officer
$0 $0 $0
Matthew Grzyb Treasurer 3
Officer
$0 $0 $0
Lindsay Perkins Secretary 3
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $268,094 $58,097 $284,409 $209,997
2023 $268,094 $58,097 $284,409 $209,997
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