Musical Associates of Central New York

EIN: 461080817 501(c)(3) Arts, Culture & Humanities

Syracuse, NY

Total Revenue
$3,076,929
Total Expenses
$3,882,667
Total Assets
$1,594,378
Net Assets
$1,080,481
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
Pamela Murchison
Phone
3152995598
Tax Period
2024-09-01 to 2025-08-31

Musical Associates of Central New York, founded in 2012, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.1M in total revenue in fiscal year 2024. Expenses of $3.9M exceeded revenue, resulting in a 26% operating deficit.

Mission

To engage and inspire community members throughout Central New York through outstanding orchestra and ensemble performances, and innovative education and outreach initiatives.

Program Service Accomplishments

Program 1
Expenses: $3,130,559 Revenue: $929,174

Presented over 35 Orchestral performances to over 45,000 people, & presented over 40 outreach performances in schools, libraries and hospitals.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,147,755
Program Service Revenue $858,090
Investment Income $71,084
Other Revenue $0
TOTAL REVENUE $3,076,929

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,757,639
Fundraising Expenses $234,521
Program Expenses $3,130,559
Other Expenses $1,125,028
TOTAL EXPENSES $3,882,667

Year-over-Year Comparison

2024 2023 Change
Revenue $3,076,929 $3,144,701 0.0%
Expenses $3,882,667 $3,932,687 0.0%
Net Income $-805,738 $-787,986 +0.0%
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
20
Independent Members
15
Employees
275
Volunteers
N/A

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
1
$95,000
Total Directors
5
$157,117
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Martin Hewitt President 2.00
Director
$0 $0 $0
Marcus Cerroni VP & Treasurer 2.00
Director
$0 $0 $0
Jon Garland Director & Musician 40.00
Director
$94,849 $0 $94,849
John Riley Secretary 2.00
Director
$0 $0 $0
Kelly Covert Special Events Manager & Musician 40.00
Director
$62,268 $0 $62,268
Pamela Murchison Executive Director 40.00
Officer
$95,000 $0 $95,000
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 $3,076,929 $3,882,667 $1,594,378 $-805,738
2024 $3,144,701 $3,932,687 $2,343,431 $-787,986
2023 $2,772,846 $3,238,136 $3,079,952 $-465,290
2022 $4,180,183 $2,665,330 $3,413,784 $1,514,853
2021 $2,842,364 $1,715,361 $2,044,790 $1,127,003
2020 $2,474,742 $2,057,224 $809,888 $417,518
2019 $2,565,997 $2,172,880 $386,901 $393,117
2018 $2,337,237 $2,543,642 $306,132 $-206,405
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