READING, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)READING SYMPHONY ORCHESTRA ASSOCIATION, founded in 1912, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.7M left a modest 14% surplus.
TO PROVIDE AND PROMOTE HIGH-QUALITY SYMPHONIC MUSIC TO CITIZENS OF READING AND BERKS COUNTY. WE ACHIEVE OUR MISSION THROUGH: CLASSICAL SYMPHONY CONCERTS, POPS CONCERTS, CONCERTS FOR STUDENTS, YOUTH ORCHESTRAS AND EDUCATIONAL AND OUTREACH PROGRAMS.
ORCHESTRA PERFORMANCES:THE ASSOCIATION PROVIDES UNINTERRUPTED ACCESS TO EXCEPTIONAL CLASSICAL MUSIC TO THE CITIZENS OF BERKS COUNTY AND BEYOND. SINCE 1913, THE RSO IS ONE OF THE NATION'S LONGEST...
ORCHESTRA PERFORMANCES:THE ASSOCIATION PROVIDES UNINTERRUPTED ACCESS TO EXCEPTIONAL CLASSICAL MUSIC TO THE CITIZENS OF BERKS COUNTY AND BEYOND. SINCE 1913, THE RSO IS ONE OF THE NATION'S LONGEST CONTINUOUSLY OPERATING SYMPHONIES, THE ASSOCIATION HAS PERFORMED MASTERWORKS FROM BACH TO BEETHOVEN, AND MANY MORE, AND HAS BEEN JOINED BY ILLUSTRIOUS GUEST SOLOISTS. THE ORCHESTRA TYPICALLY PERFORMS SIX CONCERTS ANNUALLY ON ITS CLASSICS SERIES WITH ADDITIONAL POPS PERFORMANCES AND COLLABORATIONS WITH OTHER COMMUNITY PERFORMING ARTS ORGANIZATIONS.
ORCHESTRA EDUCATION:ORCHESTRA EDUCATION EXTENDS TO SCHOOL-DAY CONCERTS FOR THOUSANDS OF LOCAL STUDENTS. WE CONDUCTED AN EDUCATION PROGRAM WITH LOCAL SCHOOL DISTRICTS INCLUDING WILSON, READING, OLEY...
ORCHESTRA EDUCATION:ORCHESTRA EDUCATION EXTENDS TO SCHOOL-DAY CONCERTS FOR THOUSANDS OF LOCAL STUDENTS. WE CONDUCTED AN EDUCATION PROGRAM WITH LOCAL SCHOOL DISTRICTS INCLUDING WILSON, READING, OLEY VALLEY AND EXETER FOR THIRD & FOURTH GRADE STUDENTS. THERE WERE 2 PERFORMANCES FOR APPROXIMATELY 1,600 STUDENTS.SEE CONTINUATION ON SCHEDULE O.THE ASSOCIATION'S NUMEROUS EDUCATIONAL AND OUTREACH PROGRAMS CONTINUE TO BENEFIT THE COMMUNITY. AMONG OTHERS, THE READING SYMPHONY YOUTH ORCHESTRA AND JUNIOR STRINGS PROGRAM GIVES MORE THAN 100 TALENTED AREA MUSIC STUDENTS THE OPPORTUNITY TO PERFORM ADVANCED ORCHESTRAL REPERTOIRE WITH LIKE-MINDED PEERS UNDER THE GUIDANCE OF SKILLED ARTISTIC STAFF; THE ORCHESTRA ZONE PROGRAM PROVIDES FREE PRIVATE INSTRUMENTAL MUSIC LESSONS TO UNDERSERVED STUDENTS IN THE READING SCHOOL DISTRICT; ADVANCED MUSIC STUDENTS FROM HIGH SCHOOLS THROUGHOUT BERKS COUNTY ARE GIVEN THE OPPORTUNITY TO PERFORM IN PRE-CONCERT LOBBY PERFORMANCES PRIOR TO READING SYMPHONY ORCHESTRA CONCERTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,942,230 | $1,625,865 | +0.2% |
| Expenses | $1,664,860 | $1,707,984 | 0.0% |
| Net Income | $277,370 | $-82,119 | -4.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KEVIN DEACOSTA | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLYNIS A FITZGERALD PHD | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEXANDRA BOOTH | 2ND VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RYAN HURST | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| J WILLIAM WIDING III ESQ | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANIEL P BECKER ESQ | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM BENDER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ANDREA BERTOLUZZI | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CHARLIE BOCK | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JANET FAUST | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| RADENE GORDON-BECK | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| PETER JOHNSON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KRIS KOLASSA | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ALLYSON MCKECHNIE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DEANNA REUBEN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| PAMELA RILEY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN VALERIO | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KEVIN WAGNER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID WHITEHILL | EXECUTIVE DIRECTOR THRU FEB 2025 | 40.00 |
Officer
Director
|
$95,000 | $0 | $95,000 |
| BRENT CHANCELLOR | EXECUTIVE DIRECTOR AS OF FEB 2025 | 40.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,942,230 | $1,664,860 | $1,972,706 | $277,370 |
| 2024 | No data | No data | No data | No data |
| 2023 | $1,247,835 | $1,454,708 | $2,130,946 | $-206,873 |
| 2022 | $1,809,021 | $1,624,416 | $2,131,744 | $184,605 |
| 2021 | $1,045,145 | $937,538 | $2,225,635 | $107,607 |
| 2020 | $1,256,996 | $1,272,071 | $1,856,738 | $-15,075 |
| 2019 | $1,753,164 | $1,463,992 | $1,936,663 | $289,172 |
| 2018 | $1,171,693 | $1,152,581 | $1,744,531 | $19,112 |
Compare READING SYMPHONY ORCHESTRA ASSOCIATION with other nonprofits in Pennsylvania and across the country.