Hamilton Symphony Orchestra Assoc

EIN: 316053052 501(c)(3)

Hamilton, OH

Total Revenue
$309,222
Total Expenses
$301,274
Total Assets
$41,553
Net Assets
$-4,662
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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
1955
Legal Domicile
OH
Phone
5138631717
Tax Period
2024-07-01 to 2025-06-30

Hamilton Symphony Orchestra Assoc, founded in 1955, is a small nonprofit that reported $309K in total revenue in fiscal year 2024.

Mission

The mission is to bring live, high quality, symphonic music to an underserved population, and to act as a facilitor of educational engagement in the region. engagementIn the facilitor role, the BPO encourages youth participation in music and the arts throughscholarships, the great Miami Youth Symphony and other youth activities and programming

Program Service Accomplishments

Program 1
Expenses: $245,844 Revenue: $309,223

Provided both free and ticketed symphony orchestra music concerts to the Hamilton-Fairfield community and surrounding areas. Each concert, presented by professional paid musicians led by a...

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Provided both free and ticketed symphony orchestra music concerts to the Hamilton-Fairfield community and surrounding areas. Each concert, presented by professional paid musicians led by a professional conductor, exposes, educates, and encourages all people through various classical, pop anc chorale music art forms. We also actively reach beyond these events to promote musical education and community involvement with activites such as the Great Miami Youth Symphony Orchestra, The Hamilton Fairfield Symphony Orchestra Chorale and Scholarships.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $265,757
Program Service Revenue $43,465
Investment Income $0
Other Revenue $0
TOTAL REVENUE $309,222

Expense Breakdown

Grants Paid $0
Salaries & Benefits $220,915
Fundraising Expenses $1,100
Program Expenses $245,844
Other Expenses $80,359
TOTAL EXPENSES $301,274

Year-over-Year Comparison

2024 2023 Change
Revenue $309,222 $294,606 +0.0%
Expenses $301,274 $241,342 +0.2%
Net Income $7,948 $53,264 -0.9%
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

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Governance

Voting Members
17
Independent Members
17
Employees
1
Volunteers
65

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Teresa Bayer-IItzsch Secretary/Incoimg Board Chair 1.00
Officer
$0 $0 $0
Steve Grant New Development Director 6.70
Officer
$0 $0 $0
Chris Bernosky Board Chair 4.30
Officer
$0 $0 $0
Leanna Mullins Vice Chair 2.30
Officer
$0 $0 $0
Lori Bridges Interim Treasurer 5.00
Officer
$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 $309,222 $301,274 $41,553 $7,948
2024 $294,606 $241,342 $86,222 $53,264
2023 $206,917 $258,158 $29,559 $-51,241
2022 $244,816 $250,350 $52,535 $-5,534
2021 $83,134 $89,935 $49,682 $-6,801
2020 $116,366 $153,688 $56,034 $-37,322
2019 $170,649 $188,356 $85,443 $-17,707
2018 $217,466 $199,712 $111,558 $17,754
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