LENAWEE SYMPHONY ORCHESTRA INC

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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

1982

Legal Domicile

Principal Officer

JOANN SANBORN

Phone

5172643121

Tax Period

2024-07-01 to 2025-06-30

LENAWEE SYMPHONY ORCHESTRA INC, founded in 1982, is a small nonprofit that reported $652K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101K, a strong 16% operating margin.

Mission

THE ASO IS DEDICATED TO THE ADVANCEMENT OF CLASSICAL MUSIC APPRECIATION BY PROVIDING A VARIETY OF PRESENTATIONS INCLUDING CLASSICAL, POPS, AND FAMILY CONCERTS.

Program Service Accomplishments

Program 1

Expenses: $405,986 Revenue: $135,612

THE LENAWEE SYMPHONY ORCHESTRA SOCIETY (AKA ADRIAN SYMPHONY ORCHESTRA: ASO) IS A MICHIGAN NON-PROFIT CORPORATION DEDICATED TO THE ADVANCEMENT OF CLASSICAL MUSICAL APPRECIATION IN LENAWEE COUNTY...

THE LENAWEE SYMPHONY ORCHESTRA SOCIETY (AKA ADRIAN SYMPHONY ORCHESTRA: ASO) IS A MICHIGAN NON-PROFIT CORPORATION DEDICATED TO THE ADVANCEMENT OF CLASSICAL MUSICAL APPRECIATION IN LENAWEE COUNTY, MICHIGAN. A COMMUNITY- BASED BOARD OF DIRECTORS GOVERNS THE ASO.THE ASO SEEKS TO STRENGTHEN MUSICAL APPRECIATION BY INCREASING THE SCOPE AND VARIETY OF ITS PRESENTATIONS TO INCLUDE CLASSICAL, POPS, AND FAMILY CONCERTS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $458,758

Program Service Revenue $119,086

Investment Income $27,115

Other Revenue $46,871

TOTAL REVENUE $651,830

Expense Breakdown

Grants Paid $0

Salaries & Benefits $148,294

Fundraising Expenses $14,367

Program Expenses $405,986

Other Expenses $402,413

TOTAL EXPENSES $550,707

Year-over-Year Comparison

	2024	2023	Change
Revenue	$651,830	$540,350	+0.2%
Expenses	$550,707	$432,883	+0.3%
Net Income	$101,123	$107,467	-0.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERRY BURG	DIRECTOR	N/A	Director	$0	$0	$0
EDWARD ENGLE	DIRECTOR	N/A	Director	$0	$0	$0
TRAVIS ERXLEBEN	DIRECTOR	N/A	Director	$0	$0	$0
GRACE GARNO	DIRECTOR	N/A	Director	$0	$0	$0
MARK HAAG	DIRECTOR	N/A	Director	$0	$0	$0
RICHARD HEDRICK	DIRECTOR	N/A	Director	$0	$0	$0
TINA MAY	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL MCARAN	DIRECTOR	N/A	Director	$0	$0	$0
DAN MEDLEY	DIRECTOR	N/A	Director	$0	$0	$0
CHRIS MILLER	DIRECTOR	N/A	Director	$0	$0	$0
CHIP MOORE	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL OLSAVER	DIRECTOR	N/A	Director	$0	$0	$0
CATHERINE SALA	DIRECTOR	N/A	Director	$0	$0	$0
MARK SCHERSTEN	PAST CHAIR	N/A	Director	$0	$0	$0
STEVEN SHERMAN	DIRECTOR	N/A	Director	$0	$0	$0
SARAH STANLEY	DIRECTOR	N/A	Director	$0	$0	$0
JOSH TEJKL	DIRECTOR	N/A	Director	$0	$0	$0
JUN TSUJI	DIRECTOR	N/A	Director	$0	$0	$0
JOAN BOWMAN	CO-CHAIR	N/A	Officer	$0	$0	$0
MICHELE BUKU	SECRETARY	N/A	Officer	$0	$0	$0
DREW GIETZEN	TREASURER	N/A	Officer	$0	$0	$0
JOANN SANBORN	CHAIR	N/A	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	$651,830	$550,707	$969,604	$101,123
2024	No data	No data	No data	No data
2023	$447,127	$444,561	$688,783	$2,566
2022	$557,506	$441,438	$670,347	$116,068
2021	$364,463	$185,302	$556,318	$179,161
2020	$447,949	$335,465	$384,222	$112,484
2019	$433,119	$372,746	$219,072	$60,373
2018	$426,034	$405,470	$214,410	$20,564