INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INDIANAPOLIS CHAMBER ORCHESTRA INC, founded in 1984, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $277K, a strong 20% operating margin.
THE INDIANAPOLIS CHAMBER ORCHESTRA ADVANCES AND PROMOTES MUSIC COMPOSED FOR THE SMALL ORCHESTRA THROUGH PROFESSIONAL PERFORMANCES AND EDUCATION PROGRAMS.
THE ICO ANNUALLY PRESENTS A SEVEN-CONCERT SERIES DRAWING ON A BODY OF MUSICAL LITERATURE SPANNING FOUR CENTURIES, ALL OF WHICH ARE SCORED FOR THE SMALL ORCHESTRA. THE ICO FEATURES...
THE ICO ANNUALLY PRESENTS A SEVEN-CONCERT SERIES DRAWING ON A BODY OF MUSICAL LITERATURE SPANNING FOUR CENTURIES, ALL OF WHICH ARE SCORED FOR THE SMALL ORCHESTRA. THE ICO FEATURES INTERNATIONALLY-RECOGNIZED GUEST ARTISTS AS WELL AS SUPERIOR LOCAL TALENT, PRESENTS ASPIRING YOUNG SOLOISTS, AND SHOW CASES THE TALENTS OF CONTEMPORARY COMPOSERS. THE ICO HAS COMMISSIONED SEVERAL NEW WORKS AND PERFORMED A NUMBER OF PREMIERES DURING ITS 41-YEAR HISTORY. THE ICO RADIO BROADCAST FEATURES EXCERPTS FROM CONCERTS AND AIRS WEEKLY ON WFYI FM 90.1
ICO ACCOMPANIES MANY LOCAL ARTS AND EDUCATIONAL ORGANIZATIONS, INCLUDING THE INDIANAPOLIS SYMPHONIC CHOIR AND AMERICAN PIANISTS ASSOCIATION FOR THE 17TH CONSECUTIVE YEAR. THE ICO SERVED AS...
ICO ACCOMPANIES MANY LOCAL ARTS AND EDUCATIONAL ORGANIZATIONS, INCLUDING THE INDIANAPOLIS SYMPHONIC CHOIR AND AMERICAN PIANISTS ASSOCIATION FOR THE 17TH CONSECUTIVE YEAR. THE ICO SERVED AS ORCHESTRA-IN-RESIDENCE FOR THE INDIANA STATE UNIVERSITY CONTEMPORARY MUSIC FESTIVAL. THROUGH ITS AFFILIATION WITH THIS THREE-DAY IMMERSIVE EDUCATIONAL EVENT, THE ICO SPONSORS A NATIONWIDE COMPETITION FOR THE COMPOSITION OF NEW WORKS FOR CHAMBER ORCHESTRAS.
THE ICO OFFERS A FULL-RANGE OF EDUCATIONAL PROGRAMS FOR AGES PRE- KINDERGARTEN THROUGH ADULT. TWO MAJOR IN-SCHOOL EDUCATION INITIATIVES ARE THE FANTASTIC CLASSICS TARGETED TO ELEMENTARY STUDENTS, AND...
THE ICO OFFERS A FULL-RANGE OF EDUCATIONAL PROGRAMS FOR AGES PRE- KINDERGARTEN THROUGH ADULT. TWO MAJOR IN-SCHOOL EDUCATION INITIATIVES ARE THE FANTASTIC CLASSICS TARGETED TO ELEMENTARY STUDENTS, AND THE ICO RESIDENCIES DESIGNED FOR HIGH SCHOOL ORCHESTRA PROGRAMS. CONCERT CONNECTIONS BRINGS STUDENTS INTO THE CONCERT VENUE TO EXPERIENCE LIVE CONCERTS. CHAMBER CHAT PRE-CONCERT COMMENTARIES ARE OPEN TO ALL PATRONS. THE ICO ALSO CONTINUES ITS OUTREACH EFFORTS WITH TWO FAMILY-FRIENDLY PARKS CONCERTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,374,885 | $3,484,896 | -0.6% |
| Expenses | $1,097,401 | $940,216 | +0.2% |
| Net Income | $277,484 | $2,544,680 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BARB CHIRGWIN | PRESIDENT | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| TANIA DENG | PRESIDENT-ELECT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JARED JOHNSON | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM ANTHONY | SECRETARY | 2.00 |
Director
|
$0 | $0 | $0 |
| CHARLES RUBRIGHT | EMERITUS | 3.00 |
Director
|
$0 | $0 | $0 |
| CAITIE STEWART | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TINA HARRIS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| NESTOR CASTILLO | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| RONNIE KATZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| POLLY SPIEGEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL OBSZANSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MELISSA KEVORKIAN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KARIM FARROUKH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH GRAVES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GEOFFREY PEATE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC BAKER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTIAN WOLF | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JIM TURNER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LISA BROWN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DANA STONE | ED/EX OFFICIO | 40.00 |
Officer
|
$80,125 | $11,112 | $91,237 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,374,885 | $1,097,401 | $7,102,966 | $277,484 |
| 2024 | $3,484,896 | $940,216 | $6,610,290 | $2,544,680 |
| 2023 | $643,401 | $904,148 | $3,352,421 | $-260,747 |
| 2022 | $1,055,259 | $875,183 | $3,320,087 | $180,076 |
| 2021 | $801,921 | $694,739 | $3,469,267 | $107,182 |
| 2020 | $1,164,959 | $793,440 | $2,814,670 | $371,519 |
| 2019 | $734,165 | $873,125 | $2,475,523 | $-138,960 |
| 2018 | $844,275 | $819,748 | $2,600,259 | $24,527 |
Compare INDIANAPOLIS CHAMBER ORCHESTRA INC with other nonprofits in Indiana and across the country.