BEAUFORT SYMPHONY ORCHESTRA INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

GRETA SANDBERG

Phone

8435243003

Tax Period

2021-06-01 to 2022-05-31

BEAUFORT SYMPHONY ORCHESTRA INC, founded in 1985, is a small nonprofit that reported $206K in total revenue in fiscal year 2021. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 30% operating margin.

Mission

TO PROMOTE APPRECIATION OF THE ARTS THROUGH MUSICAL PERFORMANCES AND EDUCATION OF YOUNG PERFORMERS.

Program Service Accomplishments

Program 1

Expenses: $132,527 Revenue: $51,645

HELD FOUR CONCERTS.

Program 2

PROVIDES OPPORTUNITIES FOR YOUNG MUSICIANS TO DEVELOP THEIR TALENT AS MEMBERS OF THE BEAUFORT SYMPHONY YOUTH ORCHESTRA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $153,200

Program Service Revenue $48,537

Investment Income $0

Other Revenue $4,324

TOTAL REVENUE $206,061

Expense Breakdown

Grants Paid $860

Salaries & Benefits $38,973

Fundraising Expenses $0

Program Expenses $132,527

Other Expenses $103,415

TOTAL EXPENSES $143,248

Year-over-Year Comparison

	2021	2020	Change
Revenue	$206,061	$114,538	+0.8%
Expenses	$143,248	$49,262	+1.9%
Net Income	$62,813	$65,276	0.0%

Key Indicators

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

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

$38,973

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED DEVYATKIN	CONDUCTOR	1.00	Director	$37,713	$0	$37,713
AMY RABINOWITZ	YOUTH ORCHESTRA LIAISON	1.00	Director	$660	$0	$660
RICHARD HOEKSEMA	MEMBER	1.00	Director	$0	$0	$0
CHARLES FROST	PUBLIC RELATIONS	1.00	Director	$600	$0	$600
FAYE PATRICK ALSTON	TICKETING	1.00	Director	$0	$0	$0
GRETA SANDBERG	PRESIDENT	4.00	Officer	$0	$0	$0
ED LIKE	PRESIDENT EMERITUS	2.00	Officer	$0	$0	$0
IRWIN POTKEWITZ MD	VICE PRESIDENT	2.00	Officer	$0	$0	$0
JULIA BLAKE	SECRETARY	2.00	Officer	$0	$0	$0
ANN E BUNNELL	TREASURER	8.00	Officer	$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
2022	$206,061	$143,248	$212,308	$62,813
2020	$190,547	$144,705	$84,219	$45,842
2019	$208,046	$192,358	$57,887	$15,688