SYMPHONICITY-THE SYMPHONY ORCHESTRA OF VIRGINIA BEACH

EIN: 521270466 501(c)(3)

VIRGINIA BEACH, VA

Total Revenue
$473,100
Total Expenses
$499,263
Total Assets
$309,875
Net Assets
$275,816
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
VA
Principal Officer
NIKKI BERGMAN
Phone
7576718611
Tax Period
2024-07-01 to 2025-06-30

SYMPHONICITY-THE SYMPHONY ORCHESTRA OF VIRGINIA BEACH, founded in 1981, is a small nonprofit that reported $357K in total revenue in fiscal year 2018.

Mission

SYMPHONICITY, THE PREMIER VOLUNTEER ORCHESTRA OF VIRGINIA BEACH, OFFERS TALENTED AND DIVERSE MUSICIANS OPPORTUNITIES THAT PROVIDE INNOVATIVE PERFORMANCES AND EDUCATIONAL OUTREACH FOR THE COMMUNITY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $297,155
Program Service Revenue $166,161
Investment Income $12,461
Other Revenue $-2,677
TOTAL REVENUE $473,100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $148,817
Fundraising Expenses $26,894
Program Expenses $443,205
Other Expenses $350,446
TOTAL EXPENSES $499,263

Year-over-Year Comparison

2024 2023 Change
Revenue $473,100 $398,436 +0.2%
Expenses $499,263 $471,867 +0.1%
Net Income $-26,163 $-73,431 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
9
Volunteers
200

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
4
$95,433
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NIKKI BERGMAN EXECUTIVE DI 35.00
Officer
$24,333 $0 $24,333
DANIEL W BOOTHE MUSIC DIRECT 35.00
Officer
$71,100 $0 $71,100
MARGUERITE ALLEY PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRISTOPER SACRA TREASURER, S 3.00
Officer Director
$0 $0 $0
DR VERONICA COLEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DR JANET DINGMAN BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA DYER BOARD MEMBER 1.00
Director
$0 $0 $0
DR STEPHEN FISHER BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN E HARRIS JR BOARD MEMBER 1.00
Director
$0 $0 $0
ANGIE MASCIULLI BOARD MEMBER 1.00
Director
$0 $0 $0
JOE MAYES BOARD MEMBER 1.00
Director
$0 $0 $0
MARTHA MCCRORY BOARD MEMBER 1.00
Director
$0 $0 $0
EDO MOR BOARD MEMBER 1.00
Director
$0 $0 $0
CHERYL PEARSON BOARD MEMBER 1.00
Director
$0 $0 $0
DR JOAN PI BOARD MEMBER 1.00
Director
$0 $0 $0
OTILIO RAMOS JR BOARD MEMBER 1.00
Director
$0 $0 $0
TOM SHERRILL BOARD MEMBER 1.00
Director
$0 $0 $0
LISA SOWELL BOARD MEMBER 1.00
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 $473,100 $499,263 $309,875 $-26,163
2024 $398,436 $471,867 $328,161 $-73,431
2023 $383,020 $404,691 $381,376 $-21,671
2022 $361,700 $368,414 $372,032 $-6,714
2021 $396,474 $210,069 $437,431 $186,405
2020 $378,147 $343,090 $233,524 $35,057
2019 $356,914 $369,717 $221,819 $-12,803
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