Terre Haute Symphony Association Inc

EIN: 351120529 501(c)(3) Arts, Culture & Humanities

Terre Haute, IN

Total Revenue
$654,549
Total Expenses
$638,311
Total Assets
$391,044
Net Assets
$317,211
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
IN
Phone
8122428476
Tax Period
2024-07-01 to 2025-06-30

Terre Haute Symphony Association Inc, founded in 1958, is a small nonprofit in the Arts, Culture & Humanities sector that reported $655K in total revenue in fiscal year 2024.

Mission

To provide great music close to home. We present audience friendly concerts, and resources for those focused on the joy, appreciation, and education of music.

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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 $271,781
Program Service Revenue $354,601
Investment Income $14,992
Other Revenue $13,175
TOTAL REVENUE $654,549

Expense Breakdown

Grants Paid $0
Salaries & Benefits $240,891
Fundraising Expenses $0
Program Expenses $415,720
Other Expenses $397,420
TOTAL EXPENSES $638,311

Year-over-Year Comparison

2024 2023 Change
Revenue $654,549 $619,223 +0.1%
Expenses $638,311 $603,284 +0.1%
Net Income $16,238 $15,939 +0.0%
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

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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
19
Independent Members
N/A
Employees
83
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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Bowden Artistic Director 40.00
$76,500 $0 $76,500
Samantha Johnson-Helms Executive Director 40.00
$73,500 $0 $73,500
Nicole King Business Manager 40.00
$50,544 $0 $50,544
Greg Bierly Trustee 2.00
Director
$0 $0 $0
Tonya Balch Trustee 2.00
Director
$0 $0 $0
Bill Elliot Trustee 2.00
Director
$0 $0 $0
Walt Balcavage Trustee 2.00
Director
$0 $0 $0
Kevin Christ Trustee 2.00
Director
$0 $0 $0
Janet Clark Trustee 2.00
Director
$0 $0 $0
Sherry Dailey Trustee 2.00
Director
$0 $0 $0
David Hamilton Trustee 2.00
Director
$0 $0 $0
Terry Hogan Trustee 2.00
Director
$0 $0 $0
Linda Lutz Trustee 2.00
Director
$0 $0 $0
Dianne Powell Trustee 2.00
Director
$0 $0 $0
Norma Schmitz Trustee 2.00
Director
$0 $0 $0
Tom Schmitz Trustee 2.00
Director
$0 $0 $0
Denise Marie Sobieski Trustee 2.00
Director
$0 $0 $0
Suzanne VanReed Trustee 2.00
Director
$0 $0 $0
David Chapman Vice President 5.00
Officer
$0 $0 $0
Whitney Nesser Secretary 2.00
Officer
$0 $0 $0
Don Schroeder Treasurer 5.00
Officer
$0 $0 $0
Barb Hagerman President 10.00
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 $654,549 $638,311 $391,044 $16,238
2024 $619,223 $603,284 $380,674 $15,939
2023 $533,343 $581,206 $344,407 $-47,863
2022 $565,347 $486,804 $343,917 $78,543
2021 $417,614 $317,194 $281,975 $100,420
2020 $389,183 $334,879 $199,835 $54,304
2019 $371,025 $353,750 $122,368 $17,275
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