TACOMA YOUTH SYMPHONY ASSOCIATION

EIN: 237005522 501(c)(3) Arts, Culture & Humanities

TACOMA, WA

Total Revenue
$1,392,066
Total Expenses
$1,063,303
Total Assets
$1,500,939
Net Assets
$1,500,939
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
WA
Principal Officer
ANNA JENSEN
Phone
2536272792
Tax Period
2024-06-01 to 2025-05-31

TACOMA YOUTH SYMPHONY ASSOCIATION, founded in 1963, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2024. The organization ran a surplus of $329K, a strong 24% operating margin.

Mission

THE TACOMA YOUTH SYMPHONY ASSOCIATION IS A NON-PROFIT CORPORATION THAT PROVIDES MUSIC EDUCATION AND PROFORMANCE OPPORTUNITIES FOR YOUTHS AGE 6 TO 21.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $485,660
Program Service Revenue $873,730
Investment Income $7,339
Other Revenue $25,337
TOTAL REVENUE $1,392,066

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $559,816
Fundraising Expenses $131,605
Program Expenses $671,232
Other Expenses $502,487
TOTAL EXPENSES $1,063,303

Year-over-Year Comparison

2024 2023 Change
Revenue $1,392,066 $1,291,758 +0.1%
Expenses $1,063,303 $931,849 +0.1%
Net Income $328,763 $359,909 -0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
18
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
6
$123,600
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHY EARLY PRESIDENT 1.50
Officer Director
$0 $0 $0
JENNIFER WEDDERMANN DIRECTOR 1.50
Director
$0 $0 $0
LAURA DAVIS 1ST VICE PRESIDENT 1.50
Officer Director
$0 $0 $0
DEBBIE JAAP DIRECTOR 1.50
Director
$0 $0 $0
BENJAMIN KAMITHI TREASURER 1.50
Officer Director
$0 $0 $0
LI-LING LIAO DIRECTOR 1.50
Director
$0 $0 $0
MELODY CAMP SECRETARY 1.50
Officer Director
$0 $0 $0
AMY BOERS DIRECTOR 1.50
Director
$0 $0 $0
RACHEL BROWN 2ND VICE PRESIDENT 1.50
Officer Director
$0 $0 $0
JULIE GONSALVES DIRECTOR 1.50
Director
$0 $0 $0
ELENI WILLIS DIRECTOR 1.50
Director
$0 $0 $0
JOSEPH SCOTT DIRECTOR 1.50
Director
$0 $0 $0
ANNA JENSEN EXECUTIVE DIRECTOR 40.00
Officer
$123,600 $0 $123,600
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 $1,392,066 $1,063,303 $1,500,939 $328,763
2024 $1,291,758 $931,849 $1,172,176 $359,909
2023 $1,017,529 $721,743 $812,267 $295,786
2022 $852,770 $565,128 $516,481 $287,642
2021 $587,603 $497,988 $228,839 $89,615
2020 $676,463 $666,030 $153,224 $10,433
2019 $669,012 $690,153 $193,769 $-21,141
2018 $648,998 $693,256 $169,932 $-44,258
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