The Villages Philharmonic Inc (EIN 200307063) - 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

2003

Legal Domicile

Principal Officer

Marcella Richardson

Phone

4072565814

Tax Period

2024-01-01 to 2024-12-31

The Villages Philharmonic Inc, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $383K in total revenue in fiscal year 2024. Expenses of $444K exceeded revenue, resulting in a 16% operating deficit.

Mission

The Villages Philharmonic Orchestra and Chorale bring live classical music to Central Florida

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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 (2024)

Revenue Breakdown

Contributions & Grants $112,100

Program Service Revenue $271,173

Investment Income $0

Other Revenue $0

TOTAL REVENUE $383,273

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $426,779

Other Expenses $443,962

TOTAL EXPENSES $443,962

Year-over-Year Comparison

	2024	2023	Change
Revenue	$383,273	$388,730	0.0%
Expenses	$443,962	$402,883	+0.1%
Net Income	$-60,689	$-14,153	+3.3%

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	Role	Reportable Comp	Other Comp	Total
Norman Schaffer	Director	Officer	$0	$0	$0
Avrum Abramowitz	Director	Officer	$0	$0	$0
Augusto Bernardini	Director	Officer	$0	$0	$0
Oliveira Phillip	Director	Officer	$0	$0	$0
Alex Ramos	Director	Officer	$0	$0	$0
Michael Spinnelli	Director	Officer	$0	$0	$0
Pasquale Valerio	Vice President	Officer	$0	$0	$0
Marcella Richardson	President	Officer	$0	$0	$0
Antonio Valardi	Director	Officer	$0	$0	$0
Brad Koozman	Director	Officer	$0	$0	$0
Keith Workowski	Director	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
2024	$383,273	$443,962	$90,968	$-60,689
2023	$388,730	$402,883	$151,801	$-14,153
2022	$381,687	$366,170	$165,503	$15,517
2021	$282,538	$275,855	$149,986	$6,683
2020	$281,934	$212,224	$143,305	$69,710
2019	$405,834	$422,698	$73,595	$-16,864
2018	$394,169	$344,230	$93,555	$49,939
2017	$336,792	$306,075	$40,520	$30,717

The Villages Philharmonic Inc