Carolina Youth Symphony (EIN 570638017) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Legal Domicile

Principal Officer

Phone

8642323963

Tax Period

2022-07-01 to 2023-06-30

Carolina Youth Symphony is a small nonprofit in the Arts, Culture & Humanities sector that reported $392K in total revenue in fiscal year 2022. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

Carolina Youth Symphony provides professional training to young students and gives these students the opportunity to perform several public concerts throughout the year.

🔒

Trantor Score

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $77,521

Program Service Revenue $318,041

Investment Income $-2,864

Other Revenue $-452

TOTAL REVENUE $392,246

Expense Breakdown

Grants Paid $0

Salaries & Benefits $112,266

Fundraising Expenses $19,681

Program Expenses $386,404

Other Expenses $297,756

TOTAL EXPENSES $410,022

Year-over-Year Comparison

	2022	2021	Change
Revenue	$392,246	$310,029	+0.3%
Expenses	$410,022	$186,258	+1.2%
Net Income	$-17,776	$123,771	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

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

$28,119

Total Directors

$28,119

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lee Elmore	Executive Dir.	35.00	Officer Director	$28,119	$0	$28,119
Barbara Cooke	Director	0.00	Director	$0	$0	$0
Cheryl Cowart	Director	0.00	Director	$0	$0	$0
Deborah Gavron	Director	0.00	Director	$0	$0	$0
Wade Kolb III	Director	0.00	Director	$0	$0	$0
Don Lundquist	Director	0.00	Director	$0	$0	$0
Kyley Miller	Director	0.00	Director	$0	$0	$0
Susan Robbins	Secretary	0.00	Officer Director	$0	$0	$0
Pete Tiffany	Treasurer	0.00	Officer Director	$0	$0	$0
Sharon Landis	Director	0.00	Director	$0	$0	$0
Lillian Parr	Director	0.00	Director	$0	$0	$0
Dr Hiewon Shin	Vice President	0.00	Officer Director	$0	$0	$0
Dr Claire Stam	Director	0.00	Director	$0	$0	$0
Fred Wernsing	President	0.00	Officer Director	$0	$0	$0
Rob Coleman	Director	0.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$392,246	$410,022	$614,372	$-17,776
2022	$310,029	$186,258	$586,674	$123,771
2021	$208,369	$136,919	$665,746	$71,450
2020	$195,688	$190,294	$526,181	$5,394
2019	$389,316	$454,318	$495,061	$-65,002
2018	$257,546	$195,998	$541,790	$61,548

Carolina Youth Symphony