WICHITA SYMPHONY SOCIETY AMBASSADO… - Form 990 Financial Data

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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

1946

Legal Domicile

Principal Officer

MARGARET MCKINNEY

Phone

3166855642

Tax Period

2024-09-01 to 2025-08-31

WICHITA SYMPHONY SOCIETY AMBASSADORS, founded in 1946, is a micro nonprofit that reported $9K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $8K left a modest 11% surplus.

Mission

THE ORGANIZATION'S PRIMARY PURPOSE IS TO SUPPORT AND PROVIDE FINANCIAL ASSISTANCE TO THE WICHITA SYMPHONY SOCIETY.

Program Service Accomplishments

Program 1

Expenses: $3,769

THE ORGANIZATION ACCUMULATES INCOME RAISED THROUGH VARIOUS FUND RAISING ACTIVITIES AND DISTRIBUTES PROCEEDS TO THE WICHITA SYMPHONY SOCIETY.

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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 $7,776

Program Service Revenue $0

Investment Income $246

Other Revenue $1,270

TOTAL REVENUE $9,292

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,769

Other Expenses $5,312

TOTAL EXPENSES $8,312

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,292	$8,159	+0.1%
Expenses	$8,312	$6,134	+0.4%
Net Income	$980	$2,025	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLOTTE BALES	PRESIDENT	1.00	Officer Director	$0	$0	$0
SALLY CHESSER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JAMIE HUNT	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
MARY DRUDING	CORRESPONDING SECRETARY	1.00	Officer Director	$0	$0	$0
MARGARET MCKINNEY	TREASURER	1.00	Officer Director	$0	$0	$0
LISA VAYDA	MEMBERSHIP CHAIR	1.00	Officer 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	$9,292	$8,312	$36,988	$980
2024	$8,159	$6,134	$36,008	$2,025
2023	$34,089	$32,003	$33,983	$2,086
2022	$4,937	$2,690	$31,897	$2,247
2021	$7,006	$11,487	$29,650	$-4,481
2020	$5,184	$4,238	$34,131	$946
2019	$31,799	$45,216	$33,185	$-13,417
2018	$22,802	$6,687	$46,602	$16,115

WICHITA SYMPHONY SOCIETY AMBASSADORS