WALLINGFORD SYMPHONY SOCIETY INC (EIN 061011304) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

TAMMY LAMB

Phone

2032849561

Tax Period

2023-07-01 to 2024-06-30

WALLINGFORD SYMPHONY SOCIETY INC, founded in 1977, is a small nonprofit in the Arts, Culture & Humanities sector that reported $126K in total revenue in fiscal year 2023. Expenses of $111K left a modest 12% surplus.

Mission

PROMOTE AND OFFER MUSICAL ENTERTAINMENT.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $95,354

Program Service Revenue $30,751

Investment Income $3

Other Revenue $0

TOTAL REVENUE $126,108

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $99,994

Other Expenses $110,613

TOTAL EXPENSES $110,613

Year-over-Year Comparison

	2023	2022	Change
Revenue	$126,108	$120,267	+0.0%
Expenses	$110,613	$98,609	+0.1%
Net Income	$15,495	$21,658	-0.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COLLEEN GALUSHKO	PRESIDENT	6.00	Officer Director	$0	$0	$0
KIM WIEDENMANN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TAMMY LAMB	TREASURER	3.00	Officer Director	$0	$0	$0
PATRICIA COPPOLA	SECRETARY	1.00	Director	$0	$0	$0
PHILIP VENTRY	MUSIC DIRECTOR	4.00	Director	$0	$0	$0
KRISTEN HINCKLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
ELIZABETH DRAGHI	BOARD MEMBER	1.00	Director	$0	$0	$0
ROSALIND GALLAGHER	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN HURLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
BALAZS SOMOGYI	BOARD MEMBER	1.00	Director	$0	$0	$0
CSILLA SOMOGYI	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN MAJOROS	BOARD MEMBER	1.00	Director	$0	$0	$0
TIMEA MEHESZ	BOARD MEMBER	1.00	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
2024	$126,108	$110,613	$165,238	$15,495
2023	$120,267	$98,609	$149,743	$21,658
2022	$62,933	$78,913	$128,085	$-15,980
2021	$13,059	$401	$144,065	$12,658
2020	$89,865	$97,088	$131,407	$-7,223
2019	$183,473	$102,869	$138,630	$80,604

WALLINGFORD SYMPHONY SOCIETY INC