MASSACHUSETTS SYMPHONY ORCHESTRA INC

EIN: 042607807 501(c)(3) Arts, Culture & Humanities

WORCESTER, MA

Total Revenue
$35,228
Total Expenses
$133,066
Total Assets
$2,307,614
Net Assets
$2,307,614
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
MA
Principal Officer
PAUL LEVENSON
Phone
5087541234
Tax Period
2023-06-01 to 2024-05-31

MASSACHUSETTS SYMPHONY ORCHESTRA INC, founded in 1976, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $35K in total revenue in fiscal year 2023. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $133K exceeded revenue, resulting in a 278% operating deficit.

Mission

TO PROVIDE SYMPHONY ORCHESTRA PERFORMANCES TO AS MANY PEOPLE IN THE COMMUNITY AS POSSIBLE INCLUDING THE ADMISSION FREE SUMMER CONCERT SERIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $160,060
Program Service Revenue $78,921
Investment Income $78
Other Revenue $-203,831
TOTAL REVENUE $35,228

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,995
Fundraising Expenses $0
Program Expenses $133,066
Other Expenses $129,071
TOTAL EXPENSES $133,066

Year-over-Year Comparison

2023 2022 Change
Revenue $35,228 $163,641 -0.8%
Expenses $133,066 $141,003 -0.1%
Net Income $-97,838 $22,638 -5.3%
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
10
Employees
85
Volunteers
N/A

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
$59,000
Total Directors
9
$59,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD N CHASE DIRECTOR 0.00
Director
$0 $0 $0
CAROLE DORRIS CLERK 0.00
Officer Director
$0 $0 $0
BRIAN HIGGINS DIRECTOR 0.00
Director
$0 $0 $0
ERIC WELLS TREASURER 0.00
Officer Director
$0 $0 $0
D ROBERT LEVENSON DIRECTOR 0.00
Director
$0 $0 $0
PAUL LEVENSON PRESIDENT 30.00
Officer Director
$59,000 $0 $59,000
NEIL GROVER DIRECTOR 0.00
Director
$0 $0 $0
PHILLIP NIDDRIE DIRECTOR 0.00
Director
$0 $0 $0
MEL GREENBERG DIRECTOR 0.00
Director
$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
2025 No data No data No data No data
2024 $35,228 $133,066 $2,307,614 $-97,838
2023 $163,641 $141,003 $2,405,452 $22,638
2022 $47,104 $74,386 $2,382,814 $-27,282
2021 $34,538 $20,138 $2,410,096 $14,400
2020 $79,119 $104,656 $2,413,896 $-25,537
2019 $273,865 $126,685 $2,421,233 $147,180
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