San Jose Symphonic Choir

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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

Legal Domicile

Principal Officer

Sally Logothetti

Phone

4089953318

Tax Period

2024-07-01 to 2025-06-30

San Jose Symphonic Choir is a small nonprofit that reported $207K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum.

Mission

TO ENRICH, EDUCATE, AND ENTERTAIN AUDIENCES; PRESERVE AND PROMOTE CHORAL MUSIC OF THE HIGHEST QUALITY; RECRUIT VOCAL TALENT, DEVELOP MUSICIANSHIP, AND CULTIVATE THE NEXT GENERATION OF CHORAL SINGERS IN THE SAN JOSE AREA.

Program Service Accomplishments

Program 1

Expenses: $156,024

Many of the wonderful performances are as follows. November 30, 2024, live concert performance: Leroy Kromm, Artistic Director conducting, with San Jose Baroque Orchestra, Felix Mendelssohns, Elijah; Campbell United Methodist Church, Campbell. December 2, 2024: annual You-Sing-It Messiah, live, Leroy Kromm, Artistic Director leading audience in highlights of Handels Messiah, accompanied by the San Jose Baroque Orchestra; carols in the lobby performed by special guests Vivace Youth Chorus of San Jose; Hammer Theatre, San Jose. December 15, 2024 Community Outreach: Live caroling for residents of Merrill Gardens and Oakmont Assisted Living facilities, both in San Jose. December 16, 2024, live concert performance: Season of Hope benefit concert, Leroy Kromm, Artistic Director, conducting carols from around the world, Cathedral Basilica of St. Joseph, San Jose. April 13, 2025 live concert performance: Leroy Kromm, Artistic Director conducting, with San Jose Baroque Orchestra, J.S. Bach B-Minor Mass; Campbell United Methodist Church, Campbell. June 6, 2025, live concert performance: Leroy Kromm, Artistic Director and Maestro Anthony Quartuccio conducting, Vaughan Williams, Serenade To Music, and Beethovens Symphony No. 9, with Nova Vista Symphony; Mt. View Center For the Performing Arts, Mt. View. June 21, 2025, live concert performance: Make Music Day, Leroy Kromm, Artistic Director conducting, songs from many countries and many centuries; Stone Church of Willow Glen, San Jose. Centennial commendations from City of San Jose and Santa Clara County.

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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 $153,480

Program Service Revenue $56,664

Investment Income $15

Other Revenue $-3,519

TOTAL REVENUE $206,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,644

Fundraising Expenses $1,111

Program Expenses $156,024

Other Expenses $138,620

TOTAL EXPENSES $206,264

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,640	$134,986	+0.5%
Expenses	$206,264	$171,512	+0.2%
Net Income	$376	$-36,526	-1.0%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sally Logothetti	President	35.00	Officer Director	$0	$0	$0
Mark Loy	Vice President	5.00	Officer Director	$0	$0	$0
Roslyn Raney	Secretary	5.00	Officer Director	$0	$0	$0
Patricia O'Brien	Treasurer	15.00	Officer Director	$0	$0	$0
Saly LeSchofs	VP Operations	20.00	Officer Director	$0	$0	$0
Cynthia Cooper	VP Marketing	10.00	Officer Director	$0	$0	$0
Cynthia Kilian	Membership Chr	5.00	Director	$0	$0	$0
Amy Hansen	Grants Manager	5.00	Director	$0	$0	$0
Cindy Asrir	Director	1.00	Director	$0	$0	$0
Deborah Ellis	Director	1.00	Director	$0	$0	$0
Pearl Gunsell	Director	1.00	Director	$0	$0	$0
Fred Hanes	Director	1.00	Director	$0	$0	$0
Natalie Ives-Drouillard	Director	1.00	Director	$0	$0	$0
Barbara Metzler	Director	1.00	Director	$0	$0	$0
Pam Sander	Director	1.00	Director	$0	$0	$0
Richard Stallkamp	Director	1.00	Director	$0	$0	$0
Timothy Tsang	Director	1.00	Director	$0	$0	$0
Jaunell Waldo	Director	1.00	Director	$0	$0	$0
Jo Watt	Director	1.00	Director	$0	$0	$0
Paul Wendt	Director	1.00	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	$206,640	$206,264	$220,986	$376