NEW BEDFORD, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW BEDFORD SYMPHONY ORCHESTRA ASSOCIATION INC, founded in 1958, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $2.0M left a modest 12% surplus.
THE MISSION OF THE NEW BEDFORD SYMPHONY ORCHESTRA IS TO PLACE THE WORLD'S FINEST SYMPHONIC MUSIC AT THE CENTER OF THE CULTURAL LIFE OF THE SOUTH COAST AND TO WORK WITH OTHERS TO BRING CLASSICAL AND OTHER MUSIC INTO THE LIVES OF EVERYONE IN THEIR COMMUNITY. THE ORGANIZATION ENRICHES THE LIVES OF ADULTS AND CHILDREN THROUGH THE TRANSFORMING POWER OF GREAT MUSIC. THE ORGANIZATION PRESENTS PASSIONATE AND ENGAGING CONCERTS AT THE HIGHEST LEVEL OF PROFESSIONAL STANDARDS AND PROVIDES EDUCATIONAL PROGRAMS FOR PEOPLE OF ALL AGES THAT DEEPEN THEIR ENJOYMENT OF MUSIC AND MAKE IT A PART OF THEIR DAILY LIVES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,252,147 | $1,915,830 | +0.2% |
| Expenses | $1,978,974 | $1,732,687 | +0.1% |
| Net Income | $273,173 | $183,143 | +0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JANET COQUILLETTE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| KEVIN HAMILTON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| SUSAN LECLAIR | CLERK | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAURA PARDEE SCHAEFER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ERIC HUBER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DR ALBERT J FOX | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| SUSAN MEAD | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| EDWARD OTTENSMEYER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| GEOFF SWETT | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SANDRIA R PARSONS | TRUSTEE/BOARD CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR ALVIN MARCOVICI | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| RAINA LAMADE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MARGOT STONE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| TBLAIR TAYLOR | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID PRENTISS | PRESIDENT/CEO | 40.00 |
Officer
|
$136,764 | $0 | $136,764 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,252,147 | $1,978,974 | $6,473,824 | $273,173 |
| 2024 | $1,915,830 | $1,732,687 | $5,893,237 | $183,143 |
| 2023 | $1,712,888 | $1,638,528 | $5,150,292 | $74,360 |
| 2022 | $2,823,621 | $1,467,429 | $4,865,407 | $1,356,192 |
| 2021 | $1,443,252 | $1,115,125 | $4,441,277 | $328,127 |
| 2020 | $1,309,490 | $1,092,775 | $3,647,272 | $216,715 |
| 2019 | $1,185,254 | $1,123,194 | $2,839,784 | $62,060 |
Compare NEW BEDFORD SYMPHONY ORCHESTRA ASSOCIATION INC with other nonprofits in Massachusetts and across the country.