RIVERSIDE SYMPHONY INC

EIN: 133168350 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$563,799
Total Expenses
$290,176
Total Assets
$32,738
Net Assets
$21,000
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Principal Officer
ANTHONY KORF
Tax Period
2024-07-01 to 2025-06-30

RIVERSIDE SYMPHONY INC is a small nonprofit in the Arts, Culture & Humanities sector that reported $564K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $274K, a strong 49% operating margin.

Mission

TO DEVELOP, PROMOTE AND INCREASE IN INTEREST IN CLASSICAL AND CONTEMPORARY MUSIC AND COMPOSERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $556,847
Program Service Revenue $6,952
Investment Income $0
Other Revenue $0
TOTAL REVENUE $563,799

Expense Breakdown

Grants Paid $0
Salaries & Benefits $189,220
Fundraising Expenses $49,278
Program Expenses $159,260
Other Expenses $100,956
TOTAL EXPENSES $290,176

Year-over-Year Comparison

2024 2023 Change
Revenue $563,799 $633,848 -0.1%
Expenses $290,176 $436,905 -0.3%
Net Income $273,623 $196,943 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
9
Employees
25
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
10
$75,000
Total Directors
8
$75,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY KORF PRESIDENT/DI 40.00
Officer Director
$75,000 $0 $75,000
REX NISWANDER DIRECTOR 1.50
Officer Director
$0 $0 $0
SANDY RIPPE DIRECTOR 1.50
Officer Director
$0 $0 $0
SANDY RIPPE DIRECTOR 1.50
Officer Director
$0 $0 $0
GEORGE ROTHMAN DIRECTOR 1.50
Officer Director
$0 $0 $0
JUDITH THORN DIRECTOR 1.50
Officer Director
$0 $0 $0
JUDITH THORN DIRECTOR 1.50
Officer Director
$0 $0 $0
LISA TORMINO DIRECTOR 1.50
Officer Director
$0 $0 $0
LYNN SPURGAT SECRETARY 1.50
Officer
$0 $0 $0
PHILLIP Y ZHANG CHARIMEN 1.50
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
2025 $563,799 $290,176 $32,738 $273,623
2024 No data No data No data No data
2023 $346,730 $567,238 $68,857 $-220,508
2022 $419,559 $457,795 $257,074 $-38,236
2021 $381,723 $207,887 $342,083 $173,836
2020 $322,088 $286,325 $181,460 $35,763
2019 $563,428 $522,202 $96,036 $41,226
2018 $519,346 $487,528 $86,242 $31,818
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RIVERSIDE SYMPHONY INC with other nonprofits in New York and across the country.