BLOOMINGTON SYMPHONY ORCHESTRA ASSOCIATION INC (EIN 411424520) - Form 990 Financial Analysis & Trantor Score

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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

1963

Legal Domicile

Principal Officer

Sara Tan

Phone

9525638573

Tax Period

2024-07-01 to 2025-06-30

BLOOMINGTON SYMPHONY ORCHESTRA ASSOCIATION INC, founded in 1963, is a small nonprofit that reported $152K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $142K left a modest 7% surplus.

Mission

The BSO is made up of 81 volunteer musicians who rehearse and perform under the baton of Music Director and Conductor Manny Laureano. Some BSO members are professional musicians and teachers, but most have other vocational callings. Many of our members have been part of the orchestra for 20+ years, testifying to the compelling mission and exceptional execution of the mission.

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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 $107,554

Program Service Revenue $36,655

Investment Income $8,234

Other Revenue $0

TOTAL REVENUE $152,443

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,864

Fundraising Expenses $1,797

Program Expenses $64,794

Other Expenses $112,526

TOTAL EXPENSES $142,390

Year-over-Year Comparison

	2024	2023	Change
Revenue	$152,443	$120,535	+0.3%
Expenses	$142,390	$116,594	+0.2%
Net Income	$10,053	$3,941	+1.6%

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

$25,138

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sara Kleinsasser Tan	Executive Director	25	Officer	$25,138	$0	$25,138
Julia Wells	President	5	Director	$0	$0	$0
Kate Croatt	Vice President	5	Director	$0	$0	$0
Patricia Reller	Treasurer	5	Director	$0	$0	$0
Megan Werner	Secretary	5	Director	$0	$0	$0
Brianna Butler	Board Member	5	Director	$0	$0	$0
Will Bartruff	Board Member	5	Director	$0	$0	$0
Theresa Wise	Board Member	5	Director	$0	$0	$0
Matthew Maxam	Board Member	5	Director	$0	$0	$0
Rplf Krogstad	Board Member	5	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
2025	$152,443	$142,390	$501,663	$10,053

BLOOMINGTON SYMPHONY ORCHESTRA ASSOCIATION INC