SAGINAW SYMPHONY ASSOCIATION

EIN: 386082223 501(c)(3) Arts, Culture & Humanities

Saginaw, MI

Total Revenue
$461,218
Total Expenses
$527,425
Total Assets
$1,055,591
Net Assets
$985,416
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1935
Legal Domicile
MI
Principal Officer
Cameron Massey
Phone
9897556471
Tax Period
2023-07-01 to 2024-06-30

SAGINAW SYMPHONY ASSOCIATION, founded in 1935, is a small nonprofit in the Arts, Culture & Humanities sector that reported $461K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $527K exceeded revenue, resulting in a 14% operating deficit.

Mission

Creating magical and memorable experiences through the power of symphonic music. Our Orchestra performs five live concerts per season at the Temple Theatre in downtown Saginaw and offers music education to students through our youth orchestra.

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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 $224,511
Program Service Revenue $147,501
Investment Income $84,706
Other Revenue $4,500
TOTAL REVENUE $461,218

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,290
Fundraising Expenses $0
Program Expenses $430,827
Other Expenses $412,135
TOTAL EXPENSES $527,425

Year-over-Year Comparison

2023 2022 Change
Revenue $461,218 $403,324 +0.1%
Expenses $527,425 $452,533 +0.2%
Net Income $-66,207 $-49,209 +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
13
Independent Members
13
Employees
7
Volunteers
30

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
3
$0
Total Directors
10
$0
Key Employees
2
$64,288
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cameron Massey Executive Director 40
Key Emp
$51,002 $0 $51,002
David Rupp Financial Manager 20
Key Emp
$13,286 $0 $13,286
Donald Carlyon Director 1
Director
$0 $0 $0
Michael Elliott Director 1
Director
$0 $0 $0
Andrea Fischer Director-at-Large 1
Director
$0 $0 $0
Deborah Huntley Past President 1
Director
$0 $0 $0
Floyd Kloc Director 1
Director
$0 $0 $0
John Markey Director 1
Director
$0 $0 $0
Amy Spadafore Director 1
Director
$0 $0 $0
Andreas Teich Director 1
Director
$0 $0 $0
Samuel Tilmon Director 1
Director
$0 $0 $0
Michael Goad Director 1
Director
$0 $0 $0
Claudia Zacharek President 1.00
Officer
$0 $0 $0
Paul Chaffee Vice President 1
Officer
$0 $0 $0
Norman Wika Secretary/Treasurer 1
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 No data No data No data No data
2024 $461,218 $527,425 $1,055,591 $-66,207
2023 $403,324 $452,533 $1,108,288 $-49,209
2022 $543,846 $512,732 $1,043,522 $31,114
2021 $322,895 $314,848 $1,128,912 $8,047
2020 $399,658 $409,976 $1,013,396 $-10,318
2019 $508,778 $490,559 $1,043,725 $18,219
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