DETROIT SYMPHONY ORCHESTRA ENDOWMENT TRUST FUND II

EIN: 382609947 501(c)(3)

DETROIT, MI

Total Revenue
$20,678
Total Expenses
$116,833
Total Assets
$2,232,147
Net Assets
$2,232,147
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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
1985
Legal Domicile
MI
Principal Officer
ANNE PARSONS
Phone
3135765100
Tax Period
2023-09-01 to 2024-08-31

DETROIT SYMPHONY ORCHESTRA ENDOWMENT TRUST FUND II, founded in 1985, is a micro nonprofit that reported $21K in total revenue in fiscal year 2023. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $117K exceeded revenue, resulting in a 465% operating deficit.

Mission

TO PROVIDE SUPPORT TO DETROIT SYMPHONY ORCHESTRA, INC.

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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 $0
Program Service Revenue $0
Investment Income $20,678
Other Revenue $0
TOTAL REVENUE $20,678

Expense Breakdown

Grants Paid $115,584
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $115,584
Other Expenses $1,249
TOTAL EXPENSES $116,833

Year-over-Year Comparison

2023 2022 Change
Revenue $20,678 $64,169 -0.7%
Expenses $116,833 $116,821 +0.0%
Net Income $-96,155 $-52,652 +0.8%
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
1
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 1.00
$1,238 $0 $185,695
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
2024 $20,678 $116,833 $2,232,147 $-96,155
2023 $64,169 $116,821 $2,025,327 $-52,652
2022 $184,417 $117,011 $1,988,163 $67,406
2021 $82,972 $113,384 $2,442,939 $-30,412
2020 $77,152 $117,183 $2,169,412 $-40,031
2019 $16,146 $116,777 $2,205,101 $-100,631
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