SYMPHONY OF NWA SONA SYMPHONY OF N… - Form 990 Financial Data

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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

1954

Legal Domicile

Principal Officer

MARTI SUDDUTH

Phone

4795214166

Tax Period

2024-07-01 to 2025-06-30

SYMPHONY OF NWA SONA SYMPHONY OF NWA, founded in 1954, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024.

Mission

SONA BRINGS GREAT MUSIC TO LIFE IN NORTHWEST ARKANSAS. SONA WILL BE RECOGNIZED AS A TRAILBLAZING ORCHESTRA AS IT: EXPANDS THE POSSIBILITIES OF WHAT AN ORCHESTRA CAN BE; CHANGES LIVES BY INCREASING INTEREST AND EQUITY IN THE ARTS THROUGH OUTREACH, EDUCATION, COLLABORATION AND PERFORMANCE; CREATIVELY HONORS THE PAST, PRESENT AND FUTURE OF OUR ARTFORM, FOSTERING THE HIGHEST LEVELS OF ARTISTIC EXPRESSION.

Program Service Accomplishments

Program 1

Expenses: $1,030,880 Revenue: $405,379

SONA BRINGS GREAT MUSIC TO LIFE IN NORTHWEST ARKANSAS. SONA WILL BE RECOGNIZED AS A TRAILBLAZING ORCHESTRA AS IT: EXPANDS THE POSSIBILITIES OF WHAT AN ORCHESTRA CAN BE; CHANGES LIVES BY INCREASING...

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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 $839,373

Program Service Revenue $405,379

Investment Income $36,441

Other Revenue $35,986

TOTAL REVENUE $1,317,179

Expense Breakdown

Grants Paid $0

Salaries & Benefits $818,578

Fundraising Expenses $69,991

Program Expenses $1,030,880

Other Expenses $485,771

TOTAL EXPENSES $1,304,349

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,317,179	$1,263,528	+0.0%
Expenses	$1,304,349	$1,387,678	-0.1%
Net Income	$12,830	$-124,150	-1.1%

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

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

217

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

$81,360

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEN HARRIS	EXECUTIVE DI	40.00	Officer	$81,360	$0	$81,360
HANNAH BREDEN	DIRECTOR	1.00	Director	$0	$0	$0
MONIQUE CARSWELL	DIRECTOR	1.00	Director	$0	$0	$0
AL DOMINGUEZ	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY HADLEY	TREASURER	1.00	Officer Director	$0	$0	$0
JOSH HAVENS	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY JOHNSON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
TOM KING	DIRECTOR	1.00	Director	$0	$0	$0
MALCOLM HAYWARD MD	DIRECTOR	1.00	Director	$0	$0	$0
MARTI SUDDUTH	CHAIR	1.00	Officer Director	$0	$0	$0
LAURA WILKINS	SECRETARY	1.00	Officer Director	$0	$0	$0
TOD YESLOW	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	$1,317,179	$1,304,349	$2,215,600	$12,830
2024	$1,263,528	$1,387,678	$2,002,115	$-124,150
2023	$1,422,474	$1,461,358	$2,048,818	$-38,884
2022	$1,199,356	$1,155,287	$1,710,767	$44,069
2021	$551,223	$517,696	$1,859,715	$33,527
2020	$976,729	$914,125	$1,469,676	$62,604
2019	$1,012,499	$1,072,227	$1,477,740	$-59,728
2018	$889,889	$968,353	$1,491,268	$-78,464

SYMPHONY OF NWA SONA SYMPHONY OF NWA