THE RICHMOND SYMPHONY

EIN: 546024033 501(c)(3) Arts, Culture & Humanities

RICHMOND, VA

Total Revenue
$8,942,339
Total Expenses
$9,924,584
Total Assets
$1,181,673
Net Assets
$-1,391,365
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
VA
Principal Officer
LACEY HUSZCZA
Phone
8047884717
Tax Period
2024-07-01 to 2025-06-30

THE RICHMOND SYMPHONY, founded in 1957, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.9M in total revenue in fiscal year 2017. Revenue decreased 5% compared to the prior year.

Mission

THE RICHMOND SYMPHONY PERFORMS, TEACHES, AND CHAMPIONS MUSIC TO INSPIRE AND UNITE OUR COMMUNITIES.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,011,859
Program Service Revenue $2,717,448
Investment Income $0
Other Revenue $213,032
TOTAL REVENUE $8,942,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,096,481
Fundraising Expenses $577,612
Program Expenses $8,072,281
Other Expenses $3,828,103
TOTAL EXPENSES $9,924,584

Year-over-Year Comparison

2024 2023 Change
Revenue $8,942,339 $9,287,607 0.0%
Expenses $9,924,584 $9,166,322 +0.1%
Net Income $-982,245 $121,285 -9.1%
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
29
Independent Members
29
Employees
327
Volunteers
262

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
6
$235,434
Total Directors
29
$235,434
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LACEY HUSZCZA CEO & PRESIDENT 40.00
Officer Director
$223,552 $11,882 $235,434
ELISABETH WOLLAN CHAIR 1.00
Officer Director
$0 $0 $0
ELIZABETH CABELL JENNINGS IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
PRISCILLA A BURBANK VICE CHAIR 1.00
Officer Director
$0 $0 $0
BRANDON TAYLOR TREASURER 1.00
Officer Director
$0 $0 $0
GEORGE RUZEK SECRETARY 1.00
Officer Director
$0 $0 $0
WILLIAM LAWRENCE BAITES JR BOARD MEMBER 1.00
Director
$0 $0 $0
PHILLIP BENNETT BOARD MEMBER 1.00
Director
$0 $0 $0
JOANNE BARRECA BOARD MEMBER 1.00
Director
$0 $0 $0
DR RONALD A CRUTCHER BOARD MEMBER 1.00
Director
$0 $0 $0
GARY FLOWERS BOARD MEMBER 1.00
Director
$0 $0 $0
MARK FLYNN BOARD MEMBER 1.00
Director
$0 $0 $0
D BRENNEN KEENE ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH A KING BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER W LINDBLOOM DMA BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM H MEARS JR BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT MELDER BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK MURTAUGH BOARD MEMBER 1.00
Director
$0 $0 $0
BERNIE NIEMEIER BOARD MEMBER 1.00
Director
$0 $0 $0
VALENTINA PELEGGI BOARD MEMBER 1.00
Director
$0 $0 $0
KAMRAN RAIKA BOARD MEMBER 1.00
Director
$0 $0 $0
LEON E RODAY BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD SZUCS BOARD MEMBER 1.00
Director
$0 $0 $0
LANGE TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
MARCIA H THALHIMER BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
LUDI WEBBER BOARD MEMBER 1.00
Director
$0 $0 $0
MARK WICKERSHAM BOARD MEMBER 1.00
Director
$0 $0 $0
BUCCI ZEUGNER BOARD MEMBER 1.00
Director
$0 $0 $0
DAISUKE YAMAMOTO CONCERTMASTER 30.00
Highest
$155,272 $712 $155,984
GAIL HENSHAW CFO/CHRO 40.00
Highest
$107,886 $7,471 $115,357
MATTHEW WILSHIRE VP OF ARTISTIC PLANNING AND ORCHESTRA OPERATIONS 40.00
Highest
$107,384 $1,680 $109,064
VALENTINA PELEGGI MUSIC DIRECTOR 13.00
Highest
$199,718 $0 $199,718
EBONI BOADI CHIEF DEVELOPMENT OFFICER 40.00
Highest
$135,766 $16,269 $152,035
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 $8,942,339 $9,924,584 $1,181,673 $-982,245
2024 $9,287,607 $9,166,322 $1,560,845 $121,285
2023 $7,522,950 $8,412,922 $1,442,529 $-889,972
2022 $8,372,945 $7,420,907 $2,392,826 $952,038
2021 $6,771,001 $6,731,278 $1,403,815 $39,723
2020 $5,705,875 $6,433,792 $2,416,987 $-727,917
2019 $6,594,347 $6,514,706 $2,278,375 $79,641
2018 $5,899,362 $6,249,005 $2,144,339 $-349,643
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