SYRACUSE FRIENDS OF CHAMBER MUSIC

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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

1948

Legal Domicile

Principal Officer

VIRGINIA ROBBINS

Phone

3154307037

Tax Period

2023-08-01 to 2024-07-31

SYRACUSE FRIENDS OF CHAMBER MUSIC, founded in 1948, is a small nonprofit that reported $125K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Net assets of $1.4M represent 134 months of operating reserves.

Mission

PRESENT CHAMBER MUSIC CONCERTS FOR PUBLIC

Program Service Accomplishments

Program 1

Expenses: $113,549 Revenue: $52,680

PROVISION OF WORLD CLASS CHAMBER MUSIC CONCERTS IN SYRACUSE, NY. CONCERTS ARE PRIMARILY HELD AT H.W. SMITH SCHOOL TO AUDIENCES OF 400 PLUS PER CONCERT.

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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 $47,850

Program Service Revenue $52,680

Investment Income $23,953

Other Revenue $418

TOTAL REVENUE $124,901

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $113,549

Other Expenses $121,858

TOTAL EXPENSES $121,858

Year-over-Year Comparison

	2023	2022	Change
Revenue	$124,901	$109,765	+0.1%
Expenses	$121,858	$105,897	+0.2%
Net Income	$3,043	$3,868	-0.2%

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
DAVID ABRAMS	TREASURER	N/A	Officer Director	$0	$0	$0
STAMATIOS KYRKOS	PROGRAMING D	N/A	Director	$0	$0	$0
RICHARD MOSESON	MUSIC OPERAT	N/A	Director	$0	$0	$0
TODD MCKAY	AT-LARGE	N/A	Director	$0	$0	$0
BETH ODDY	SECRETARY	N/A	Officer Director	$0	$0	$0
VIRGINIA ROBBINS	PRESIDENT	N/A	Officer Director	$0	$0	$0
JAMIE TRAVER	VP	N/A	Officer 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	$124,901	$121,858	$1,390,165	$3,043
2023	$109,765	$105,897	$1,195,029	$3,868
2022	$804,321	$93,852	$1,100,631	$710,469