KANSAS CITY SYMPHONY

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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

1983

Legal Domicile

Phone

8164711100

Tax Period

2024-07-01 to 2025-06-30

KANSAS CITY SYMPHONY, founded in 1983, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $21.1M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $27.2M exceeded revenue, resulting in a 29% operating deficit.

Mission

ITS MISSION IS TO PERFORM GREAT PERFORMANCES FOR GREATER AUDIENCES. THE KANSAS CITY SYMPHONY WILL ACHIEVE THIS MISSION BY: - DEVELOPING AN UNCOMPROMISING PERFORMANCE STANDARD. - ADVANCING THE PROFILE AND VALUE OF THE ORCHESTRA LOCALLY, NATIONALLY AND INTERNATIONALLY. - DEVELOPING THE FINANCIAL RESOURCES TO ALLOW THE ORCHESTRA TO THRIVE TODAY AND TOMORROW. - CREATING AN INTERNAL CULTURE THAT STIMULATES EFFECTIVE RELATIONSHIPS WITHIN AND BETWEEN BOARD, STAFF AND MUSICIANS. - DEVELOPING AUDIENCES AND PARTNERSHIPS THAT ALLOW THE ORCHESTRA TO THRIVE TODAY AND TOMORROW.

Program Service Accomplishments

Program 1

Expenses: $22,383,468 Revenue: $8,573,477

During the 2025 fiscal year, the Kansas City Symphony offered 201 performances of 83 different programs across the full range of classical, pops, film, and other repertoire. In addition, the Symphony served as the pit orchestra in 64 performances of eight different programs for the Kansas City Ballet and the Lyric Opera of Kansas City. Symphony audiences hailed from 1,512 communities in all 50 states plus the District of Columbia and 10 foreign countries. In total, the Kansas City Symphony reached more than 209,000 people in person during the 2024/25 season. Classical audiences numbered 45,745, Pops totaled 18,855 and Family drew 2,109. Holiday programs attracted 17,307 to nine performances of Christmas Festival and Handel's Messiah. Film + Live Orchestra and special programs were especially popular with 40,653 attending 34 performances of 17 programs, including a concert featuring Ben Folds and films from the "Harry Potter" series. The Happy Hour series of informal chamber music programs had enthusiastic crowds totaling 7,335 at the four free concerts. Free outdoor Mobile Music Box neighborhood concerts introduced new audiences to the artistry of Symphony musicians, with 50 concerts reaching 10,747 people in 43 ZIP codes across Greater Kansas City. A Memorial Day weekend civic tradition, Bank of America Celebration at the Station delighted the crowd of 15,000 as they gathered between Kansas City's Union Station and Liberty Memorial. The program was broadcast live on Kansas City PBS and later rebroadcast on public television stations throughout the region. In addition, the Symphony served as the featured orchestra for Symphony in the Flint Hills, an annual outdoor concert on the Kansas plains. With an ongoing commitment to education, the Symphony's youth concerts served 27,063 students and teachers from 171 schools in 33 districts across 73 communities, in addition to 271 homeschool groups, as they participated in Young People's Concerts, Link Up, and KinderKonzerts. Numerous other Symphony education programs also helped meet the community need for high quality music education experiences, reaching nearly 32,000 young people overall.

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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 $8,997,710

Program Service Revenue $8,573,477

Investment Income $3,350,142

Other Revenue $167,810

TOTAL REVENUE $21,089,139

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,179,871

Fundraising Expenses $1,919,774

Program Expenses $22,383,468

Other Expenses $11,578,577

TOTAL EXPENSES $27,168,596

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,089,139	$22,656,209	-0.1%
Expenses	$27,168,596	$24,948,403	+0.1%
Net Income	$-6,079,457	$-2,292,194	+1.7%

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

396

Volunteers

500

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

$573,940

Total Directors

$897,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Daniel Beckley	Chief Executive Officer	50.0	Officer Director	$351,008	$63,281	$414,289
Kenneth V Hager	Vice Chair & Secretary/Treasurer	1.0	Officer Director	$0	$0	$0
Linda Gill Taylor	Board Chair	1.0	Officer Director	$0	$0	$0
Shirley Bush Helzberg	Chair Emerita	1.0	Officer Director	$0	$0	$0
Bebe Kemper Hunt	Director	1.0	Director	$0	$0	$0
Dr Valerie Chow	Director	1.0	Director	$0	$0	$0
Grant Burcham	Director	1.0	Director	$0	$0	$0
Jeff Hargroves	Director	1.0	Director	$0	$0	$0
Jesse Yukimura	Director	30.0	Director	$74,183	$23,981	$98,164
Jill Marchant	Director	1.0	Director	$0	$0	$0
Joseph Lefevre	DIRECTOR	30.0	Director	$90,953	$43,516	$134,469
Julian Kaplan	Director	30.0	Director	$105,006	$23,228	$128,234
Linda S Stevens	Director	1.0	Director	$0	$0	$0
Marny Sherman	Director	1.0	Director	$0	$0	$0
Michael Gentry	Director	1.0	Director	$0	$0	$0
Patrick A Valadez	Director	1.0	Director	$0	$0	$0
Scott S Boswell Sr	Director	1.0	Director	$0	$0	$0
Shannon Finney	DIRECTOR	30.0	Director	$95,669	$26,175	$121,844
Susan Chambers	Director	1.0	Director	$0	$0	$0
Susan Newburger	Director	1.0	Director	$0	$0	$0
TIMOTHY P COOK	DIRECTOR	1.0	Director	$0	$0	$0
Ursula Terrasi	Director	1.0	Director	$0	$0	$0
Willy Pegues IV	Director	1.0	Director	$0	$0	$0
Sara Lohe	Chief Financial Officer	40.0	Officer	$115,557	$44,094	$159,651
Ann Bilderback	Principal Bassoon	30.0	Highest	$102,000	$34,150	$136,150
JOHN ROLOFF	CHIEF OPERATING OFFICER	40.0	Highest	$141,705	$23,381	$165,086
Jun Iwasaki	Concertmaster	30.0	Highest	$222,270	$72,162	$294,432
Mark Gibbs	Principal Cello	30.0	Highest	$109,588	$53,367	$162,955
Stirling Trent	Associate Concertmaster	30.0	Highest	$118,978	$56,336	$175,314
Kristina Fulton	FORMER DIRECTOR	30.0		$108,358	$27,594	$135,952
Michael Stern	FORMER Music Director	10.0		$46,273	$17,097	$63,370

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	$21,089,139	$27,168,596	$90,639,994	$-6,079,457
2024	No data	No data	No data	No data
2023	$19,964,351	$21,660,713	$84,227,459	$-1,696,362
2022	$24,241,254	$18,461,493	$78,324,641	$5,779,761
2021	$14,755,393	$12,067,569	$80,665,886	$2,687,824
2020	$17,397,853	$17,704,002	$64,822,369	$-306,149
2019	$18,694,370	$19,428,025	$61,701,528	$-733,655
2018	$17,177,502	$17,779,306	$60,098,762	$-601,804