NORFOLK, VA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)VIRGINIA SYMPHONY FOUNDATION, founded in 1988, is a small nonprofit that reported $252K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $506K exceeded revenue, resulting in a 101% operating deficit.
PROVIDE FINANCIAL SUPPORT TO VIRGINIA SYMPHONY ORCHESTRA BY ADMINISTERING FUNDS AND PROPERTY, ENGAGING IN OTHER ACTIVITIES AS QUALIFY FOR AN EXEMPT ORGANIZATION, SOLICIT AND RECEIVE FUNDS AND PROPERTY BY GIFT, TRANSFER, DEVISE OR BEQUEST AND ADMINISTERING AND APPLYING SUCH FUNDS AND PROPERTY ONLY IN FURTHERANCE OF THESE PURPOSES.THE FOUNDATION ALSO RECEIVES RESTRICTED GIFTS WHOSE INVESTMENT INCOME IS DISTRIBUTED TO THE SYMPHONY ANNUALLY FOR CERTAIN PROGRAMMING ACTIVITIES INCLUDING FAMILY CONCERTS, EDUCATION, MASTER CLASSES, PROGRAMMING AND OUTREACH IN THE SUFFOLK AREA AND TO UNDERWRITE GUEST ARTISTS.
FINANCIAL SUPPORT FOR VIRGINIA SYMPHONY ORCHESTRA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $251,795 | $521,089 | -0.5% |
| Expenses | $505,751 | $439,652 | +0.2% |
| Net Income | $-253,956 | $81,437 | -4.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BETTE MINETTE COOPER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| WINTHROP SHORT JR | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOB PETTERSON | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JANE SHORT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE WINTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICK MCDERMOTT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HOWARD KERN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS JOHNSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL MCCLELLAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GORDON ROBERTSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIM FAULKNER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREA WARREN | EXEC. DIRECTOR - FORMER | 1.00 |
Officer
|
$0 | $479 | $165,479 |
| YOLANDA SPONNEY | DIRECTOR OF FINANCE (AS OF 6/8/2025) | 1.00 |
Officer
|
$0 | $0 | $0 |
| SHANNON KELLEY | EXECUTIVE DIRECTOR | 1.00 |
Officer
|
$0 | $479 | $140,479 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $251,795 | $505,751 | $11,833,535 | $-253,956 |
| 2024 | $521,089 | $439,652 | $11,080,833 | $81,437 |
| 2023 | $1,358,445 | $366,054 | $9,902,382 | $992,391 |
| 2022 | $1,917,405 | $306,216 | $7,875,824 | $1,611,189 |
| 2021 | $1,832,881 | $242,888 | $7,541,686 | $1,589,993 |
| 2020 | $36,172 | $254,855 | $4,727,364 | $-218,683 |
| 2019 | $1,182,668 | $752,659 | $4,766,912 | $430,009 |
| 2018 | $221,942 | $265,740 | $4,296,928 | $-43,798 |
Compare VIRGINIA SYMPHONY FOUNDATION with other nonprofits in Virginia and across the country.