ALBANY SYMPHONY ASSOCIATION INC (EIN 237036243) - 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

1969

Legal Domicile

Principal Officer

BEN ROBERTS

Phone

2294308933

Tax Period

2023-07-01 to 2024-06-30

ALBANY SYMPHONY ASSOCIATION INC, founded in 1969, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 576% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 86% operating margin.

Mission

THE MISSION OF THE ALBANY SYMPHONY ASSOCIATION IS TO ENRICH THE QUALITY OF LIFE IN SOUTHWEST GEORGIA.

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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 $2,498,367

Program Service Revenue $37,100

Investment Income $64,608

Other Revenue $13,520

TOTAL REVENUE $2,613,595

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,650

Fundraising Expenses $0

Program Expenses $227,920

Other Expenses $254,307

TOTAL EXPENSES $361,957

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,613,595	$386,446	+5.8%
Expenses	$361,957	$412,077	-0.1%
Net Income	$2,251,638	$-25,631	-88.8%

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

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
RUSTON ALLEN	TREASURER	0.25	Officer Director	$0	$0	$0
DR JILLIAN BAXTER	BOARD MEMBER	0.25	Director	$0	$0	$0
DAWN BENSON	BOARD MEMBER	0.25	Director	$0	$0	$0
JENNI BODE	BOARD MEMBER	0.25	Director	$0	$0	$0
RICHARD DANNE	SECRETARY	0.25	Officer Director	$0	$0	$0
JUDITH HAMPTON-THOMPSON	VICE PRESIDE	0.25	Officer Director	$0	$0	$0
DANNY JAMES	BOARD MEMBER	0.25	Director	$0	$0	$0
SHERRY METZLER	BOARD MEMBER	0.25	Director	$0	$0	$0
BEN ROBERTS	PRESIDENT	0.25	Officer Director	$0	$0	$0
W LOUIS SANDS	BOARD MEMBER	0.25	Director	$0	$0	$0
EARTHA WATKINS	BOARD MEMBER	0.25	Director	$0	$0	$0
DR JENNIFER WILLIAMS	BOARD MEMBER	0.25	Director	$0	$0	$0
STACI WILLSON	BOARD MEMBER	0.25	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	$2,613,595	$361,957	$2,815,540	$2,251,638
2023	$386,446	$412,077	$261,456	$-25,631
2022	$433,120	$350,517	$270,085	$82,603
2021	$211,555	$189,619	$212,129	$21,936
2020	$261,038	$266,478	$191,512	$-5,440
2019	$238,474	$341,270	$171,995	$-102,796
2018	$168,830	$2,712,240	$273,867	$-2,543,410

ALBANY SYMPHONY ASSOCIATION INC