NEW ORCHESTRA OF WASHINGTON INC (EIN 460755411) - 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

2012

Legal Domicile

Principal Officer

TOM PATTON

Phone

2407456587

Tax Period

2024-07-01 to 2025-06-30

NEW ORCHESTRA OF WASHINGTON INC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $231K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $261K exceeded revenue, resulting in a 13% operating deficit.

Mission

NEW ORCHESTRA OF WASHINGTON (NOW) IS A DYNAMIC, FLEXIBLE ENSEMBLE THAT PRIDES ITSELF ON INDIVIDUAL AND COLLABORATIVE VIRTUOSITY AND ENBODIES A BELIEF IN THE IMPORTANCE OF REVITALIZING THE ROLE OF MUSIC IN DAILY LIFE.

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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 $189,931

Program Service Revenue $25,904

Investment Income $438

Other Revenue $14,545

TOTAL REVENUE $230,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $52,000

Fundraising Expenses $0

Program Expenses $132,743

Other Expenses $209,354

TOTAL EXPENSES $261,354

Year-over-Year Comparison

	2024	2023	Change
Revenue	$230,818	$257,179	-0.1%
Expenses	$261,354	$244,385	+0.1%
Net Income	$-30,536	$12,794	-3.4%

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

N/A

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

$37,166

Total Directors

$37,166

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR GRACE CHO	EXECUTIVE DI	5.00	Officer Director	$37,166	$0	$37,166
TOM PATTON	CHAIR	1.00	Officer Director	$0	$0	$0
ANN YONEMURA	SECRETARY	2.00	Officer Director	$0	$0	$0
PAUL CONNOR	TREASURER	3.00	Officer Director	$0	$0	$0
MORRIS DEUTSCH	DIRECTOR	2.00	Director	$0	$0	$0
DIANNE PETERSON	DIRECTOR	4.00	Director	$0	$0	$0
RACHEL DOUGAN	DIRECTOR	1.00	Director	$0	$0	$0
LOUISE HARKAVY	DIRECTOR	2.00	Director	$0	$0	$0
DR RYUJI UENO	DIRECTOR	1.00	Director	$0	$0	$0
SINCLAIR VINCENT	DIRECTOR	1.00	Director	$0	$0	$0
DR ALEJANDRO HERNANDEZ-VALDEZ	ARTISTIC DIR	1.00	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
2025	$230,818	$261,354	$46,957	$-30,536
2024	$257,179	$244,385	$85,816	$12,794
2023	$250,805	$248,555	$63,010	$2,250
2022	$244,676	$221,379	$75,509	$23,297
2021	$173,856	$145,767	$43,086	$28,089
2020	$170,935	$149,520	$18,171	$21,415
2019	$197,638	$225,154	$15,417	$-27,516

NEW ORCHESTRA OF WASHINGTON INC