HAGERSTOWN, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MARYLAND SYMPHONY ORCHESTRA INC, founded in 1982, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $453K, a strong 20% operating margin.
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THE PURPOSE IS TO FOSTER, PROMOTE, AND INCREASE THE MUSIC KNOWLEDGE OF THE PUBLIC, EXCLUSIVELY BY EDUCATIONAL ACTIVITIES, BY ORGANIZING AND PRESENTING PERFORMANCES OF MUSIC CHOSEN PRIMARILY FROM THE...
THE PURPOSE IS TO FOSTER, PROMOTE, AND INCREASE THE MUSIC KNOWLEDGE OF THE PUBLIC, EXCLUSIVELY BY EDUCATIONAL ACTIVITIES, BY ORGANIZING AND PRESENTING PERFORMANCES OF MUSIC CHOSEN PRIMARILY FROM THE LITERATURE OF SYMPHONY AND CHAMBER MUSIC, OPERA, SOLO RECITAL, AND VOCAL CHORUS OR DANCE. SINCE THE MARYLAND SYMPHONY ORCHESTRA (MSO) WAS ESTABLISHED IN 1982, THE ORCHESTRA'S ANNUAL SEASON HAS EXPANDED FROM FOUR CONCERTS TO MORE THAN 20 INCLUDING A CLASSICAL MASTERWORKS SERIES, MSO POPS CONCERTS, HOME FOR THE HOLIDAYS PERFORMANCES, THE SALUTE TO INDEPENDENCE, MIDDLE AND HIGH SCHOOL COACHING AND ENSEMBLES, YOUTH CONCERTS FOR 4TH GRADERS FROM THROUGHOUT WASHINGTON COUNTY AND THE REGION, AND SEVERAL PERFORMANCES IN NEIGHBORING COMMUNITIES. AS THE ONLY FULLY PROFESSIONAL ORCHESTRA BASED IN WESTERN MARYLAND THE ORCHESTRA (SEE SECTION O) FEATURES INTERNATIONALLY RENOWNED GUEST ARTISTS AND SOLOISTS EACH SEASON, ALONG WITH PRINCIPAL PLAYERS FROM THE RANKS OF THE MSO'S 70 MEMBER ENSEMBLE. ARTISTS AND SOLOISTS OFFER MASTER CLASSES. THE MSO PRESENTS EDUCATIONAL PROGRAMS INVOLVING SMALL ENSEMBLES IN PARTNERSHIP WITH WASHINGTON COUNTY PUBLIC SCHOOLS AND WASHINGTON COUNTY FREE LIBRARY IMPACTING 10,000 YOUTH ANNUALLY. FREE STUDENT TICKETS ARE OFFERED TO STUDENTS IN GRADES 1 THROUGH 12 TO THE CLASSICAL CONCERTS HELD IN HAGERSTOWN'S HISTORIC MARYLAND THEATRE. THE MSO AWARDS BOTH NEED BASED AND MERIT BASED BENNETT RUBIN MUSIC SCHOLARSHIPS FOR REGIONAL YOUTH TO PARTICIPATE IN SUMMER MUSIC ACADEMIES, PRIVATE LESSONS, WORKSHOPS, AND PROGRAMS OFFERED BY ACCOMPLISHED INSTRUCTORS, WASHINGTON COUNTY PUBLIC SCHOOLS AND OTHER ACCREDITED EDUCATIONAL INSTITUTIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,266,833 | $1,838,132 | +0.2% |
| Expenses | $1,813,771 | $1,570,143 | +0.2% |
| Net Income | $453,062 | $267,989 | +0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JANE ANDERSON | ASSISTANT TREASURER/DIRECTOR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM TAD HOLZAPFEL | TREASURER/DIRECTOR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVE BARNHART | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LINDA HOOD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| TERESA BARR | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE LEVEQUE ESQ | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JASON CALL | PRESIDENT/DIRECTOR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MONICA LINGENFELTER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JUDY DITTO | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DR IRA LOURIE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| HEATHER MCENDREE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| NICHOLAS MOHAR-SCHURZ | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KATHERINE GROH | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DR CANDICE MOWBRAY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JEAN HAMILTON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| VALERIE OWENS | SECRETARY/DIRECTOR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARJORIE HOBBS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ILISSA RAMM | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| SUSAN ROCCO | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DUSTIN SIMMONS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DOUG SPOTTS MD | VICE-PRESIDENT/DIRECTOR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES STONE ESQ | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DR HUGH TALTON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JIM VAUGHN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KIMBERLY BOWEN | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$96,510 | $0 | $96,510 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,266,833 | $1,813,771 | $6,030,321 | $453,062 |
| 2024 | $1,838,132 | $1,570,143 | $5,429,126 | $267,989 |
| 2023 | $1,679,611 | $1,734,718 | $5,146,067 | $-55,107 |
| 2022 | $1,450,500 | $1,483,793 | $4,651,456 | $-33,293 |
| 2021 | $1,455,477 | $1,012,522 | $5,416,325 | $442,955 |
| 2021 | $1,455,477 | $1,012,522 | $5,416,325 | $442,955 |
| 2020 | $1,383,650 | $1,352,244 | $4,484,956 | $31,406 |
| 2019 | $1,760,460 | $1,483,686 | $4,218,736 | $276,774 |
Compare MARYLAND SYMPHONY ORCHESTRA INC with other nonprofits in Maryland and across the country.