GRAND RAPIDS SYMPHONY ENDOWMENT FUND

EIN: 382243585 501(c)(3)

GRAND RAPIDS, MI

Total Revenue
N/A
Total Expenses
$1,094,530
Total Assets
N/A
Net Assets
N/A
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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
1979
Legal Domicile
MI
Principal Officer
DIANE LOBBESTAEL
Phone
6164549451
Tax Period
2017-09-01 to 2018-08-31

Mission

SUPPORTS THE OPERATIONS AND PROGRAMS OF THE GRAND RAPIDS SYMPHONY SOCIETY THROUGH SUSTAINMENT OF THE ORCHESTRA'S CONCERT, MUSIC EDUCATION AND ACCESSIBILITY PROGRAMMING ACROSS WEST MICHIGAN.

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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 (2017)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $1,094,530
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,094,530
Other Expenses $0
TOTAL EXPENSES $1,094,530

Year-over-Year Comparison

2017 2016 Change
Revenue N/A $2,243,204 -1.0%
Expenses $1,094,530 $1,353,966 -0.2%
Net Income N/A $889,238 N/A
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
8
Independent Members
8
Employees
N/A
Volunteers
8

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
$196,888
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOAN GARETY CHAIRPERSON 1.00
Officer Director
$0 $0 $0
BONNIE MILLER VICE CHAIRPE 1.00
Officer Director
$0 $0 $0
MIKE VAN HAREN SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT COLLIER TRUSTEE 1.00
Director
$0 $0 $0
PAUL POTTER TRUSTEE 1.00
Director
$0 $0 $0
KATHLEEN VOGELSANG TRUSTEE 1.00
Director
$0 $0 $0
MILT ROWHER TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM WALKER TRUSTEE 1.00
Director
$0 $0 $0
PETER PEREZ SOCIETY PRES 6.00
Officer
$0 $0 $100,256
DIANE LOBBESTAEL PRESIDENT 1.00
Officer
$0 $8,691 $96,632
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
2018 No data $1,094,530 No data No data
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