Cleveland, OH
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)The Musical Arts Association, founded in 1925, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $78.8M in total revenue in fiscal year 2024. Expenses of $72.4M left a modest 8% surplus.
The Cleveland Orchestra inspires and enriches lives by creating extraordinary musical experiences at the highest level of artistic excellence.
Severance Music Center, Northeast Ohio, and Digital InitiativesRegarded by many music-lovers as one of the world's most beautiful concert halls, Severance opened in 1931 as the home of The Cleveland...
Severance Music Center, Northeast Ohio, and Digital InitiativesRegarded by many music-lovers as one of the world's most beautiful concert halls, Severance opened in 1931 as the home of The Cleveland Orchestra. Today, the main concert hall is known as the Jack, Joseph and Morton Mandel Concert Hall, in recognition of a historic $50 million grant from the Cleveland-based Jack, Joseph and Morton Mandel Foundation. Severance Music Center serves as the home of The Cleveland Orchestra for concerts, rehearsals, and administration. The building is also rented by a variety of local organizations and private citizens for performances, meetings, and gala events.Located in the University Circle district on the campus of Case Western Reserve University near the Cleveland Museum of Art, Severance Music Center has served as an integral arts and community hub for generations. Though its acclaimed concerts and recordings delight audiences worldwide, The Cleveland Orchestra is a proud ambassador of Northeast Ohio.The Cleveland Orchestra has a long and storied recording history and an expansive catalog of albums released across the past century. Having launched its own recording label in 2020 with The Cleveland Orchestra: A New Century, a collection of six musical works, the Orchestra has since released several ambitious recording projects. This history continued with the release of three new recordings by Music Director Franz Welser-Most: Anton Bruckner's Symphony No. 4, Hector Berlioz's Symphonie fantastique, and Julius Eastman's Symphony No. 2 and Pyotr Ilyich Tchaikovsky's Symphony No. 2. The Orchestra also launched a new partnership with WCLV/Ideastream Public Media and WFMT, Chicago's classical music station, that brought 13 Cleveland Orchestra concerts recorded at Severance Music Center to national and international listeners.These recordings are available for download and streaming on all major platforms. For more information, visit clevelandorchestra.com/discover/recordings/. The 2024-25 season was the first yearlong digital season on The Cleveland Orchestra's streaming platform, Adella.live. The season consisted of six Live from Severance concerts streamed in real time from Mandel Concert Hall at Severance Music Center and nine digital premieres, featuring recent digital concerts and exclusive behind-the-scenes features and interviews with guest artists and TCO musicians.
Touring and ResidenciesEach year, the Orchestra allocates several weeks of its performance schedule to residencies and touring activities beyond Northeast Ohio, nationally and internationally. These...
Touring and ResidenciesEach year, the Orchestra allocates several weeks of its performance schedule to residencies and touring activities beyond Northeast Ohio, nationally and internationally. These are designed to enhance both the artistic and financial strength of the organization and extend the Orchestra's worldwide reputation. The season started with the Orchestra's 80th international tour and the 22nd under the baton of Music Director Franz Welser-Most, with a concert recognizing the 200th anniversary of Anton Bruckner's birth in his home city of Ansfelden, Austria as part of a year-long celebration. The tour also marked The Cleveland Orchestra's return to Helsinki, Finland and Bratislava, Slovakia for the first time since 1965. The season also marked the 18th year of the Orchestra's Miami Residency and partnership with the Adrienne Arsht Center for the Performing Arts of Miami-Dade County. The Residency also included musician coaching sessions with students from Bethune-Cookman University, pre-concert performances by the Miami Music Project, and two days of free education concerts for Miami students.
Blossom Musical Festival and Blossom Music CenterThe 2024 Blossom Music Festival featured a wide range of concerts at The Cleveland Orchestra's summer home in the Cuyahoga Valley National Park...
Blossom Musical Festival and Blossom Music CenterThe 2024 Blossom Music Festival featured a wide range of concerts at The Cleveland Orchestra's summer home in the Cuyahoga Valley National Park. Cleveland Orchestra Music Director Franz Welser-Most returned to Blossom to conduct Tchaikovsky's Symphony No. 5, and pianist Vikingur Olafsson in Robert Schumann's Piano Concerto. The festival also welcomed conductors Domingo Hindoyan and Antonello Manacorda in their Cleveland Orchestra debuts and spotlighted two Cleveland Orchestra soloists: Principal Trumpet Michael Sachs in Arutiunian's Trumpet Concerto and Principal Cello Mark Kosower in Walton's Cello Concerto. Fresh off his latest Grammy Award wins, banjo player Bela Fleck joined The Cleveland Orchestra and conductor Brett Mitchell for Rhapsody in Blue. Tony and Grammy award-winning singer and actor Leslie Odom, Jr. made his Cleveland Orchestra debut following the annual Blossom Summer Soiree, a special event to benefit the Orchestra's summer home.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $78,823,318 | $79,412,615 | 0.0% |
| Expenses | $72,359,344 | $71,767,644 | +0.0% |
| Net Income | $6,463,974 | $7,644,971 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Richard K Smucker | Chairman & Resident Trustee | 13.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dennis W LaBarre Immediate | Past Chair & Resident Trustee | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Richard Kramer | Vice Chair, Treasurer & Resident Trustee | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| David J Hooker | Secretary & Resident Trustee | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Beth E Mooney | Treasurer until 11/24, Resident Trustee | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Hewitt B Shaw | Secretary & Resident Trustee until 11/24 | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Victor Alexander | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Robin Blossom | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Yuval Brisker | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Richard J Bogomolny | Resident Trustee until 11/24 | 1.00 |
Director
|
$0 | $0 | $0 |
| Helen Rankin Butler | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Nancy Slocum Callahan | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Irad Carmi | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Matthew V Crawford | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr Hiroyuki Fujita | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Frank | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert Glick | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Arthur C Hall III | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Iris Harvie | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dee Haslam | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Stephen H Hoffman | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Sarah Johnston | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Michelle Shan Jeschelnig | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Elizabeth B Juliano | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Nancy F Keithley | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Douglas A Kern | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| John D Koch Jr | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Heather Lennox | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Cathy Lincoln | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Norma Lerner | Resident Trustee until 11/24 | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert W Malone | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Milton S Maltz | Resident Trustee until 11/24 | 1.00 |
Director
|
$0 | $0 | $0 |
| Ben Mathews | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Nancy McCann | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Steven J McHale | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Scott C Mueller | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Thomas F McKee | Resident Trustee until 11/24 | 1.00 |
Director
|
$0 | $0 | $0 |
| Christine Myeroff | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Katherine T O'Neill | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Hyun Park | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Alfred M Rankin Jr | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Charles A Ratner | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Zoya Reyzis | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| James C Spira | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| R Thomas Stanton | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Richard Stovsky | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr Russell A Trusso | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Daniel P Walsh | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Thomas A Waltermire | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeffrey J Weaver | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Anya Weaving | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Meredith Smith Weil | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Paul E Westlake Jr | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| David A Wolfort | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Anthony Wynshaw-Boris | Resident Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Wolfgang C Berndt | International Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Herbert Kloiber | International Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Virginia Nord Barbato | National Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Mary Jo Eaton | National Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael J Horvitz | National Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Thomas Lauria | National Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Loretta J Mester | National Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Benjamin Pyne | National Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Geraldine B Warner | National Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Tony White | National Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Todd Diacon | Trustee Ex-Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| Lisa Fedorovich | Trustee Ex-Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| Eric Kaler | Trustee Ex-Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| Judith E Matsko | Trustee Ex-Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| Beverly Schneider | Trustee Ex-Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| Andre Gremillet | President & CEO | 60.00 |
Officer
|
$1,080,869 | $229,063 | $1,309,932 |
| James E Menger | Asst. Treasurer, CFO | 50.00 |
Officer
|
$294,718 | $29,334 | $324,052 |
| Amy Egle | Asst. Secretary & Executive Asst. | 40.00 |
Officer
|
$83,582 | $3,025 | $86,607 |
| Jane Hargraft | CDO until 10/24 | 40.00 |
Key Emp
|
$331,261 | $43,334 | $374,595 |
| David Radzynski | Musician until 9/24 | 40.00 |
Highest
|
$333,026 | $32,393 | $365,419 |
| Michael Sachs | Musician | 40.00 |
Highest
|
$315,098 | $52,997 | $368,095 |
| Joshua Smith | Musician | 40.00 |
Highest
|
$309,054 | $40,094 | $349,148 |
| Mark Kosower | Musician | 40.00 |
Highest
|
$306,082 | $37,530 | $343,612 |
| Afendi Yusuf | Musician | 40.00 |
Highest
|
$352,300 | $27,567 | $379,867 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $78,823,318 | $72,359,344 | $412,782,135 | $6,463,974 |
| 2024 | $79,412,615 | $71,767,644 | $390,655,885 | $7,644,971 |
| 2023 | $76,819,625 | $66,565,856 | $362,318,173 | $10,253,769 |
| 2022 | $62,138,155 | $57,033,615 | $327,213,396 | $5,104,540 |
| 2021 | $69,418,564 | $41,880,215 | $368,313,121 | $27,538,349 |
| 2020 | $54,210,898 | $52,250,064 | $284,635,926 | $1,960,834 |
| 2019 | $56,781,169 | $57,988,415 | $291,916,435 | $-1,207,246 |
| 2018 | $61,994,445 | $57,048,912 | $282,093,303 | $4,945,533 |
Compare The Musical Arts Association with other nonprofits in Ohio and across the country.