Syracuse Society for New Music Inc

EIN: 510198960 501(c)(3) Arts, Culture & Humanities

Manlius, NY

Total Revenue
$202,138
Total Expenses
$148,941
Total Assets
$182,018
Net Assets
$182,018
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
NY
Principal Officer
Heather Buchman
Phone
3156822066
Tax Period
2023-07-01 to 2024-06-30

Syracuse Society for New Music Inc, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $202K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $53K, a strong 26% operating margin.

Mission

The mission of the Society for New Music is to foster a lively creative environment for new music in Central New York. We bring musicians together to perform new music, support the work of regional composers through commissioning, and work to build the audience for new music across our region.

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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 (2023)

Revenue Breakdown

Contributions & Grants $171,246
Program Service Revenue $24,209
Investment Income $6,683
Other Revenue $0
TOTAL REVENUE $202,138

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,769
Fundraising Expenses $0
Program Expenses $148,941
Other Expenses $128,172
TOTAL EXPENSES $148,941

Year-over-Year Comparison

2023 2022 Change
Revenue $202,138 $173,313 +0.2%
Expenses $148,941 $122,410 +0.2%
Net Income $53,197 $50,903 +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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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
23
Employees
N/A
Volunteers
23

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
2
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carole Brzozowski Managing Director 30
Highest
$40,000 $0 $40,000
David Abrams Board Member 0
Director
$0 $0 $0
Peter Allen Exec Committee member 5
Director
$0 $0 $0
Mark Braiman Exec Committee member 5
Director
$0 $0 $0
Robert Bridge Board member 2
Director
$0 $0 $0
Maryellen Casey Board member 3
Director
$0 $0 $0
Steve Carpenter Biard member 1
Director
$0 $0 $0
Patricia DeAngelis Board member 1
Director
$0 $0 $0
Eric Evans Board member 1
Director
$0 $0 $0
Richard Fields Board member 1
Director
$0 $0 $0
Sue Fields Board member 1
Director
$0 $0 $0
Paul Leary Board member 1
Director
$0 $0 $0
Harris Lindenfeld Board member 1
Director
$0 $0 $0
David Neal Board member 1
Director
$0 $0 $0
Francis Parks Biard member 1
Director
$0 $0 $0
Leigh Parry-Benedict Board member 1
Director
$0 $0 $0
Joel Potash Board member 5
Director
$0 $0 $0
Andrea Scheibel Board Secretary 5
Director
$0 $0 $0
James Shults Board Member 5
Director
$0 $0 $0
Sharye Skinner Board member 5
Director
$0 $0 $0
Lana Stafford Board member 10
Director
$0 $0 $0
Deirdre Stam Board member 5
Director
$0 $0 $0
Heather Buchman Board President 30
Officer
$0 $0 $0
Michael Daly Treasurer 10.00
Officer
$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
2024 $202,138 $148,941 $182,018 $53,197
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