The Ridgefield Symphony Orchestra Inc

EIN: 066098657 501(c)(3) Arts, Culture & Humanities

Ridgefield, CT

Total Revenue
$365,834
Total Expenses
$419,955
Total Assets
$357,263
Net Assets
$133,349
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
CT
Principal Officer
Jeanette Horan
Phone
2034383889
Tax Period
2023-07-01 to 2024-06-30

The Ridgefield Symphony Orchestra Inc, founded in 1965, is a small nonprofit in the Arts, Culture & Humanities sector that reported $366K in total revenue in fiscal year 2023. Expenses of $420K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO ENRICH THE CULTURAL LIFE OF OUR PUBLIC BY PROVIDING PROFESSIONAL LIVE ORCHESTRA CONCERTS AND CONDUCTING RELATED EDUCATIONAL PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $379,255 Revenue: $90,587

Increase appreciation for classical orchestral music.

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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 $252,599
Program Service Revenue $90,587
Investment Income $3,791
Other Revenue $18,857
TOTAL REVENUE $365,834

Expense Breakdown

Grants Paid $0
Salaries & Benefits $318,211
Fundraising Expenses $10,839
Program Expenses $379,255
Other Expenses $101,744
TOTAL EXPENSES $419,955

Year-over-Year Comparison

2023 2022 Change
Revenue $365,834 $381,461 0.0%
Expenses $419,955 $411,364 +0.0%
Net Income $-54,121 $-29,903 +0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
102
Volunteers
22

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
6
$60,000
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laurie Kenagy Executive Director 40.0
Officer
$60,000 $0 $60,000
Jeanette Horan President 2.0
Director
$0 $0 $0
Svitlana Afanasieva Director 2.0
Director
$0 $0 $0
Videen Bennett Director 2.0
Director
$0 $0 $0
Lori Berisford Director 2.0
Director
$0 $0 $0
Sarah Fox Director 2.0
Director
$0 $0 $0
Dan Sheehan Director 2.0
Director
$0 $0 $0
Luis Uriarte Director 5.0
Officer Director
$0 $0 $0
Michael Liebowitz Director 6.0
Officer Director
$0 $0 $0
Lauren Mulvihill Director 4.0
Officer Director
$0 $0 $0
Jennifer Dineen Director 2.0
Director
$0 $0 $0
Christopher Bennett Secretary 4.0
Officer Director
$0 $0 $0
Jennifer Finnerty Vice President 2.0
Officer Director
$0 $0 $0
Armel Kouassi Treasurer 5.0
Director
$0 $0 $0
Allison Stockel Director 2.0
Director
$0 $0 $0
Joel Third Director 2.0
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 $365,834 $419,955 $357,263 $-54,121
2023 $381,461 $411,364 $372,197 $-29,903
2022 $396,505 $406,681 $366,835 $-10,176
2021 $176,586 $178,005 $294,183 $-1,419
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