ASHLAND SYMPHONY ORCHESTRA

EIN: 341238989 501(c)(3) Arts, Culture & Humanities

ASHLAND, OH

Total Revenue
$262,008
Total Expenses
$269,771
Total Assets
$370,832
Net Assets
$287,417
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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
1970
Legal Domicile
OH
Principal Officer
MARTHA A BUCKNER
Phone
4192895115
Tax Period
2023-07-01 to 2024-06-30

ASHLAND SYMPHONY ORCHESTRA, founded in 1970, is a small nonprofit in the Arts, Culture & Humanities sector that reported $262K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

THE ASHLAND SYMPHONY ORCHESTRA ASPIRES TO BECOME A LEADING ARTS ORGANIZATION IN NORTH CENTRAL OHIO KNOWN FOR HIGH QUALITY, AFFORDABLE PERFORMANCES AND COMMUNITY OUTREACH PROGRAMS THAT IMPACT AUDIENCES FROM ASHLAND COUNTY AND BEYOND.

Program Service Accomplishments

Program 1
Expenses: $223,252 Revenue: $45,714

THE ASHLAND SYMPHONY ORCHESTRA ASPIRES TO BECOME A LEADING ARTS ORGANIZATION IN NORTH CENTRAL OHIO KNOWN FOR HIGH QUALITY, AFFORDABLE PERFORMANCES AND COMMUNITY OUTREACH PROGRAMS THAT IMPACT...

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THE ASHLAND SYMPHONY ORCHESTRA ASPIRES TO BECOME A LEADING ARTS ORGANIZATION IN NORTH CENTRAL OHIO KNOWN FOR HIGH QUALITY, AFFORDABLE PERFORMANCES AND COMMUNITY OUTREACH PROGRAMS THAT IMPACT AUDIENCES FROM ASHLAND COUNTY AND BEYOND.

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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 (2023)

Revenue Breakdown

Contributions & Grants $205,321
Program Service Revenue $45,714
Investment Income $10,559
Other Revenue $414
TOTAL REVENUE $262,008

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $97,403
Fundraising Expenses $19,712
Program Expenses $223,252
Other Expenses $171,368
TOTAL EXPENSES $269,771

Year-over-Year Comparison

2023 2022 Change
Revenue $262,008 $214,318 +0.2%
Expenses $269,771 $241,363 +0.1%
Net Income $-7,763 $-27,045 -0.7%
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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Governance

Voting Members
20
Independent Members
20
Employees
10
Volunteers
40

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
$44,582
Total Directors
21
$44,582
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL HUPFER DIRECTOR 1.00
Director
$0 $0 $0
STANLEY E KOPP DIRECTOR 1.00
Director
$0 $0 $0
BETSY CHAPMAN TREASURER 1.00
Officer Director
$0 $0 $0
REV ERIC ABEL DIRECTOR 1.00
Director
$0 $0 $0
ALLAN ANDERSEN PRESIDENT 1.00
Officer Director
$0 $0 $0
LISA BLACKLEY DIRECTOR 1.00
Director
$0 $0 $0
MARK GORUSCH DIRECTOR 1.00
Director
$0 $0 $0
EMILY HUESTIS DIRECTOR 1.00
Director
$0 $0 $0
KELLY KNOWLTON DIRECTOR 1.00
Director
$0 $0 $0
DEREK KUBILUS DIRECTOR 1.00
Director
$0 $0 $0
CONNIE MARBLE DIRECTOR 1.00
Director
$0 $0 $0
RON MARENCHIN DIRECTOR 1.00
Director
$0 $0 $0
KAREN REAUME DIRECTOR 1.00
Director
$0 $0 $0
JACOB SLADE DIRECTOR 1.00
Director
$0 $0 $0
JOHN SHULTZ DIRECTOR 1.00
Director
$0 $0 $0
DEBORAH SULLIVAN VICE PRESIDE 1.00
Officer Director
$0 $0 $0
DR THOMAS REED DIRECTOR 1.00
Director
$0 $0 $0
REV JUSTIN HYLDEN SECRETARY 1.00
Officer Director
$0 $0 $0
LINDA SWANSON DIRECTOR 1.00
Director
$0 $0 $0
SARAH SHEPHERD DIRECTOR 1.00
Director
$0 $0 $0
MARTHA A BUCKNER EXECUTIVE DI 40.00
Officer Director
$44,582 $0 $44,582
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 No data No data No data No data
2024 $262,008 $269,771 $370,832 $-7,763
2023 $214,318 $241,363 $375,560 $-27,045
2022 $218,963 $214,404 $337,209 $4,559
2021 $182,931 $103,333 $436,343 $79,598
2020 $236,730 $203,283 $303,847 $33,447
2019 $273,184 $244,779 $299,202 $28,405
2018 $244,263 $231,501 $238,299 $12,762
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