KALAMAZOO SYMPHONY ORCHESTRA

EIN: 386005710 501(c)(3) Arts, Culture & Humanities

KALAMAZOO, MI

Total Revenue
$3,006,356
Total Expenses
$3,684,789
Total Assets
$26,953,248
Net Assets
$26,074,506
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1920
Legal Domicile
MI
Principal Officer
JESSICA MALLOW GULLEY
Phone
2693497759
Tax Period
2023-09-01 to 2024-08-31

KALAMAZOO SYMPHONY ORCHESTRA, founded in 1920, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $3.7M exceeded revenue, resulting in a 23% operating deficit.

Mission

THE MISSION OF THE KALAMAZOO SYMPHONY ORCHESTRA IS TO SERVE OUR COMMUNITY THROUGH OUTSTANDING MUSICAL LISTENING AND LEARNING EXPERIENCES.

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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 $2,046,640
Program Service Revenue $581,268
Investment Income $367,833
Other Revenue $10,615
TOTAL REVENUE $3,006,356

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,217,166
Fundraising Expenses $258,762
Program Expenses $2,954,505
Other Expenses $1,467,623
TOTAL EXPENSES $3,684,789

Year-over-Year Comparison

2023 2022 Change
Revenue $3,006,356 $2,628,015 +0.1%
Expenses $3,684,789 $3,547,799 +0.0%
Net Income $-678,433 $-919,784 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
34
Independent Members
34
Employees
288
Volunteers
175

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
9
$212,278
Total Directors
36
$212,278
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA MALLOW GULLEY PRESIDENT & 40.00
Officer Director
$123,141 $9,322 $132,463
JULIAN KUERTI MUSIC DIRECT 5.00
Officer Director
$69,121 $10,694 $79,815
CURTIS HALL PRESIDENT 5.00
Officer Director
$0 $0 $0
KAREN ISBLE PRESIDENT-EL 5.00
Officer Director
$0 $0 $0
THOMAS L DREWS TREASURER 5.00
Officer Director
$0 $0 $0
PATRICIA KENTER SECRETARY 5.00
Officer Director
$0 $0 $0
LYNN L CHEN-ZHANG COMMITTEE CH 2.00
Officer Director
$0 $0 $0
STEPHANIE SLINGERLAND COMMITTEE CH 2.00
Officer Director
$0 $0 $0
RENEE PEARL IMMED PAST P 5.00
Officer Director
$0 $0 $0
STEPHEN AILES DIRECTOR 2.00
Director
$0 $0 $0
REHEMA BARBER DIRECTOR 2.00
Director
$0 $0 $0
JILL BISH DIRECTOR 2.00
Director
$0 $0 $0
JOSCELYN CEKOLA BOUCHER DIRECTOR 2.00
Director
$0 $0 $0
JAMES BRIDENSTINE DIRECTOR 2.00
Director
$0 $0 $0
ELIZABETH BURNS DIRECTOR 2.00
Director
$0 $0 $0
ANDY DOMINIANNI DIRECTOR 2.00
Director
$0 $0 $0
MICOLE DYSON DIRECTOR 2.00
Director
$0 $0 $0
JULIE EVANS LITTLE DIRECTOR 2.00
Director
$0 $0 $0
RONALD FOOR DIRECTOR 2.00
Director
$0 $0 $0
AJOY K GHOSH DIRECTOR 2.00
Director
$0 $0 $0
DANIEL GUSTIN DIRECTOR 2.00
Director
$0 $0 $0
AIMEE JACHYM DIRECTOR 2.00
Director
$0 $0 $0
FRITZ KLUG DIRECTOR 2.00
Director
$0 $0 $0
CINDY KOLE DIRECTOR 2.00
Director
$0 $0 $0
COLLEEN MCBRIDE DIRECTOR 2.00
Director
$0 $0 $0
ROBERT MCDOUGALL DIRECTOR 2.00
Director
$0 $0 $0
TOM MEYERS DIRECTOR 2.00
Director
$0 $0 $0
MAYA NASHEF DIRECTOR 2.00
Director
$0 $0 $0
DERL OBERLIN DIRECTOR 2.00
Director
$0 $0 $0
JANE ROOKS ROSS DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL SCHLACK DIRECTOR 2.00
Director
$0 $0 $0
DAVID THOMS DIRECTOR 2.00
Director
$0 $0 $0
LAURA VAN POPERING DIRECTOR 2.00
Director
$0 $0 $0
SHAMRA VANWAGONER DIRECTOR 2.00
Director
$0 $0 $0
D TERRY WILLIAMS DIRECTOR 2.00
Director
$0 $0 $0
STEPHEN WILLIAMS DIRECTOR 2.00
Director
$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
2024 $3,006,356 $3,684,789 $26,953,248 $-678,433
2023 $2,628,015 $3,547,799 $23,631,946 $-919,784
2022 $2,938,902 $3,773,036 $22,806,442 $-834,134
2021 $1,130,372 $841,727 $27,645,003 $288,645
2021 $2,923,381 $2,056,276 $26,498,876 $867,105
2020 $4,552,405 $3,223,162 $20,349,893 $1,329,243
2019 $2,782,350 $3,916,408 $17,794,957 $-1,134,058
2018 $2,921,390 $3,779,867 $19,029,109 $-858,477
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