WICHITA FALLS SYMPHONY LEAGUE (EIN 237412638) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

VIVIAN WOLFE

Tax Period

2021-06-01 to 2022-05-31

WICHITA FALLS SYMPHONY LEAGUE, founded in 1975, is a micro nonprofit that reported $14K in total revenue in fiscal year 2021. Expenses of $33K exceeded revenue, resulting in a 128% operating deficit.

Mission

THE ORGANIZATION EXISTS TO SUPPORT THE WICHITA FALLS SYMPHONY ORCHESTRA AND TO PROMOTE COMMUNITY SUPPORT FOR CULTURAL AND MUSICAL ACTIVITIES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $13,165

Program Service Revenue $0

Investment Income $503

Other Revenue $768

TOTAL REVENUE $14,436

Expense Breakdown

Grants Paid $29,700

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,937

Other Expenses $3,283

TOTAL EXPENSES $32,983

Year-over-Year Comparison

	2021	2020	Change
Revenue	$14,436	$14,211	+0.0%
Expenses	$32,983	$19,149	+0.7%
Net Income	$-18,547	$-4,938	+2.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
KAREN BAUCUS	DIRECTOR	0.00	Director	$0	$0	$0
SUSAN BAHR	DIRECTOR	0.00	Director	$0	$0	$0
GENIE RATLIFF	SECRETARY	5.00	Officer Director	$0	$0	$0
ALLAN JIRIK	TREASURER	5.00	Officer Director	$0	$0	$0
ANN HUNTER X	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
VIVIAN WOLFE	PRESIDENT	8.00	Officer Director	$0	$0	$0
ELAINE DAVENPORT	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
DOTTI LESIEUR	VICE PRESIDENT	5.00	Officer 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
2022	$14,436	$32,983	$67,183	$-18,547
2021	$14,211	$19,149	$85,728	$-4,938
2020	$13,797	$5,886	$90,666	$7,911
2019	$42,179	$23,398	$82,755	$18,781
2018	$22,317	$20,337	$63,973	$1,980

WICHITA FALLS SYMPHONY LEAGUE