SOUTH DAKOTA SYMPHONY ORCHESTRA

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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

1965

Legal Domicile

Principal Officer

JENNIFER TEISINGER

Phone

6053357933

Tax Period

2024-07-01 to 2025-06-30

SOUTH DAKOTA SYMPHONY ORCHESTRA, founded in 1965, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.6M in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $3.4M exceeded revenue, resulting in a 31% operating deficit.

Mission

TO INSPIRE THE BEST IN ALL OF US THROUGH MUSIC.

Program Service Accomplishments

Program 1

Expenses: $2,420,947 Revenue: $642,423

THE SOUTH DAKOTA SYMPHONY ORCHESTRA FULFILLED ITS MISSION OF ENRICHING LIVES THROUGH LIVE MUSIC PERFORMANCE WITH 11 ORCHESTRA CONCERTS, 3 YOUNG PEOPLE'S CONCERTS, 5 YOUTH ORCHESTRA CONCERTS, AND...

THE SOUTH DAKOTA SYMPHONY ORCHESTRA FULFILLED ITS MISSION OF ENRICHING LIVES THROUGH LIVE MUSIC PERFORMANCE WITH 11 ORCHESTRA CONCERTS, 3 YOUNG PEOPLE'S CONCERTS, 5 YOUTH ORCHESTRA CONCERTS, AND EDUCATION AND ENGAGEMENT PROGRAMS THROUGHOUT THE COMMUNITY AND THE STATE. A DIGITAL MUSIC LIBRARY MAKES THE MUSIC ACCESSIBLE TO AS MANY PEOPLE AS POSSIBLE.

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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 $1,795,249

Program Service Revenue $642,423

Investment Income $189,853

Other Revenue $-26,923

TOTAL REVENUE $2,600,602

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,621,446

Fundraising Expenses $641,212

Program Expenses $2,420,947

Other Expenses $1,496,628

TOTAL EXPENSES $3,416,493

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,600,602	$4,055,576	-0.4%
Expenses	$3,416,493	$2,870,593	+0.2%
Net Income	$-815,891	$1,184,983	-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

172

Volunteers

116

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

$149,646

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE FLICEK	PRESIDENT	10.00	Officer Director	$0	$0	$0
SCOTT LAWRENCE	PAST PRESIDENT	6.00	Officer Director	$0	$0	$0
JOSE-MARIE GRIFFITHS	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
LISA GERNER	TREASURER	4.00	Officer Director	$0	$0	$0
JAMES MOORE	SECRETARY	4.00	Officer Director	$0	$0	$0
DAVID ARONSON	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM CEDENO TORRES	DIRECTOR	1.00	Director	$0	$0	$0
MARTY DESLAURIERS	DIRECTOR	4.00	Director	$0	$0	$0
DAVID EARNEST	DIRECTOR (BEG JAN 2025)	1.00	Director	$0	$0	$0
MARY KAY FAUSCH	DIRECTOR	1.00	Director	$0	$0	$0
PETE FOLLIARD	DIRECTOR	2.00	Director	$0	$0	$0
PAUL GILLASPEY	DIRECTOR	4.00	Director	$0	$0	$0
MANNY GUTIERREZ	DIRECTOR	1.00	Director	$0	$0	$0
DARIN HAGE	DIRECTOR	1.00	Director	$0	$0	$0
JULIE J IVERSON	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL JERSTAD	DIRECTOR	2.00	Director	$0	$0	$0
STEVE KIRBY	DIRECTOR	2.00	Director	$0	$0	$0
VALERIE LOUDENBACK	DIRECTOR	2.00	Director	$0	$0	$0
LINDSAY LUNDEBY	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT LYKINS	DIRECTOR	1.00	Director	$0	$0	$0
LISA MARSO	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW PARKER	DIRECTOR	0.50	Director	$0	$0	$0
SANDRA PAY	DIRECTOR	2.00	Director	$0	$0	$0
NICK RATZLOFF	DIRECTOR	0.50	Director	$0	$0	$0
JANE STAVEM	DIRECTOR	2.00	Director	$0	$0	$0
LINDAY TJARKS	DIRECTOR	2.00	Director	$0	$0	$0
LOREN TSCHETTER	DIRECTOR	1.00	Director	$0	$0	$0
HARRIET YOCUM	DIRECTOR	0.50	Director	$0	$0	$0
JR LAPLANTE	DIRECTOR (UNTIL NOV 2024)	1.00	Director	$0	$0	$0
JENNIFER TEISINGER	EXECUTIVE DIRECTOR	50.00	Officer	$132,271	$17,375	$149,646

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	$2,600,602	$3,416,493	$5,950,157	$-815,891
2024	$4,055,576	$2,870,593	$6,681,942	$1,184,983
2023	$4,034,440	$2,526,577	$5,371,881	$1,507,863
2022	$3,205,884	$2,359,573	$3,760,740	$846,311
2021	$2,451,967	$1,752,013	$3,342,148	$699,954
2020	$2,231,218	$2,315,341	$2,471,738	$-84,123
2019	$2,274,118	$2,516,100	$2,393,467	$-241,982
2018	$2,144,425	$2,204,008	$2,603,787	$-59,583