CONCERTO SOLOISTS CHAMBER ORCHESTRA OF PHILADELPHIA (EIN 231929096) - 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

1974

Legal Domicile

Principal Officer

DAISY VAN DEN HOOFF-MERTENS

Phone

2155455451

Tax Period

2022-07-01 to 2023-06-30

CONCERTO SOLOISTS CHAMBER ORCHESTRA OF PHILADELPHIA, founded in 1974, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO BE A SUSTAINABLE MUSICAL INSTITUTION THAT BRINGS THE INTIMATE EXPERIENCE OF A WORLD-CLASS CHAMBER ORCHESTRA PERFORMANCE TO THE GREATER PHILADELPHIA AREA,ENRICHING THE MUSICAL LIFE OF THE CITY AND REGION BY THE INTEGRITY AND EXCELLENCE OF ITS MUSICIANSHIP, THE BOLDNESS AND VITALITY OF OTS PROGRAMMING, AND BY CULTIVATING AND BUILDING THE LOYALTY OF ITS AUDIENCES, MUSICIANS AND SUPPORTERS

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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 (2022)

Revenue Breakdown

Contributions & Grants $838,203

Program Service Revenue $362,803

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,201,006

Expense Breakdown

Grants Paid $0

Salaries & Benefits $633,582

Fundraising Expenses $39,186

Program Expenses $951,707

Other Expenses $555,034

TOTAL EXPENSES $1,188,616

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,201,006	$1,083,739	+0.1%
Expenses	$1,188,616	$1,054,474	+0.1%
Net Income	$12,390	$29,265	-0.6%

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

121

Volunteers

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

$115,206

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNE HAGAN	EX OFFICIO	40.00	Officer	$98,895	$16,311	$115,206
KENNETH M JARIN ESQ	CHAIRMAN	1.00	Officer Director	$0	$0	$0
SUSAN SCHWARTZ MCDONALD	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAISY VAN DEN HOOFF-MERTENS	TREASURER	1.00	Officer Director	$0	$0	$0
JOAN GOLDSTEIN	SECRETARY	1.00	Officer Director	$0	$0	$0
MILES MORGAN	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE PECK	DIRECTOR	1.00	Director	$0	$0	$0
LAWRENCE GROSS	DIRECTOR	1.00	Director	$0	$0	$0
KAREN FULTON	DIRECTOR	1.00	Director	$0	$0	$0
ROSALYN WEINSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
LAURA KILDAY	DIRECTOR	1.00	Director	$0	$0	$0
DIRK BROSSE	EX OFFICIO	1.00	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	No data	No data	No data	No data
2023	$1,201,006	$1,188,616	$608,320	$12,390
2022	$1,083,739	$1,054,474	$408,534	$29,265
2021	$462,061	$436,938	$365,129	$25,123
2020	$883,320	$853,827	$338,375	$29,493
2019	$903,190	$891,095	$355,877	$12,095
2018	$1,270,531	$1,236,189	$380,130	$34,342

CONCERTO SOLOISTS CHAMBER ORCHESTRA OF PHILADELPHIA