CHARLESTON, SC
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)CHARLESTON SYMPHONY ORCHESTRA, founded in 1936, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.1M in total revenue in fiscal year 2023. Expenses of $4.9M left a modest 4% surplus.
THE CHARLESTON SYMPHONY'S MISSION IS TO INSPIRE AND ENGAGE THE COMMUNITY THROUGH EXCEPTIONAL MUSICAL PERFORMANCES AND EDUCATIONAL PROGRAMS.
THE SYMPHONY'S 2023-2024 SEASON, THEMED "MUSIC FOR EVERYONE," FEATURED A REMARKABLE LINEUP OF INTERNATIONALLY ACCLAIMED GUEST CONDUCTORS AND WORLD-RENOWNED VISITING ARTISTS. FROM LEGENDARY CONDUCTORS...
THE SYMPHONY'S 2023-2024 SEASON, THEMED "MUSIC FOR EVERYONE," FEATURED A REMARKABLE LINEUP OF INTERNATIONALLY ACCLAIMED GUEST CONDUCTORS AND WORLD-RENOWNED VISITING ARTISTS. FROM LEGENDARY CONDUCTORS LIKE THOMAS WILKINS, CARL ST. CLAIR, GERARD SCHWARZ, TITO MUOZ, AND LINA GONZLEZ-GRANADOS TO SUPERSTAR GUEST MUSICIANS SUCH AS MICHELLE CANN, PINCHAS ZUKERMAN, MAXIM LANDO, AND SARA DAVIS BUECHNER, THE SEASON CONTINUED TO ELEVATE THE SYMPHONY AS A TOP-TIER ARTS AND CULTURAL DESTINATION. WITH SENSATIONAL PROGRAMMING, INCLUDING WORKS BY PRICE, BRUCKNER, BRAHMS, MARSALIS, VERDI, THE SEASON SHOWCASED INCREDIBLE REPERTOIRE, AND LARGER ORCHESTRAL SOUNDS ELEVATED THE SYMPHONY TO NEW HEIGHTS. THE SYMPHONY'S COMMITMENT TO ARTISTIC EXCELLENCE RESULTED IN RECORD SUBSCRIPTION AND SINGLE TICKET REVENUE.IN FEBRUARY 2024, THE SYMPHONY COLLABORATED WITH CHABAD OF CHARLESTON TO PRESENT "AN EVENING WITH ITZHAK PERLMAN." FOR ONE NIGHT, OUR COMMUNITY EXPERIENCED THIS RARE OPPORTUNITY TO HEAR THE LEGENDARY VIOLINIST, ITZHAK PERLMAN, PERFORM AND CONDUCT THE SYMPHONY. THIS SPECIAL PERFORMANCE SOLD OUT IN LESS THAN THREE WEEKS.
THE CSO REMAINS COMMITTED TO PRESENTING THE HIGHEST-QUALITY MUSICAL EXPERIENCES AND PROVIDING DIRECT ACCESS TO THE ARTS FOR OUR COMMUNITY'S CHILDREN, THEREBY NARROWING THE GAP OF EDUCATIONAL...
THE CSO REMAINS COMMITTED TO PRESENTING THE HIGHEST-QUALITY MUSICAL EXPERIENCES AND PROVIDING DIRECT ACCESS TO THE ARTS FOR OUR COMMUNITY'S CHILDREN, THEREBY NARROWING THE GAP OF EDUCATIONAL OPPORTUNITY FOR OVER 20,000 STUDENTS ACROSS THE LOWCOUNTRY EACH SEASON. THE CSO IS PROUD TO OFFER MULTIPLE OPPORTUNITIES FOR EDUCATIONAL ENGAGEMENT, WITH A SPECIAL EMPHASIS ON PROVIDING FREE OR LOW-COST PROGRAMMING TO PROMOTE ACCESS TO INSPIRATIONAL EDUCATION THROUGH MUSIC. EACH YEAR, SMALL ENSEMBLES OF CSO MUSICIANS TRAVEL DIRECTLY TO SCHOOLS ACROSS THE TRI-COUNTY AREA TO PRESENT CHAMBER MUSIC CONCERTS AND INSTRUMENTAL DEMONSTRATIONS FREE OF CHARGE THROUGH THE "MUSIC IN SCHOOLS" PROGRAM. DURING THE 2023-24 SCHOOL YEAR, STUDENTS ALSO HAD THE OPPORTUNITY TO ATTEND "YOUNG PEOPLE'S CONCERTS" AT THE GAILLARD CENTER IN PARTNERSHIP WITH CARNEGIE HALL FOR A HIGHLY ENGAGING AND INTERACTIVE PROGRAM OF FULL-SCALE SYMPHONIC MUSIC.IN ADDITION TO THESE PROGRAMS, THE CHARLESTON SYMPHONY YOUTH ORCHESTRA (CSYO) OPERATES YEAR-ROUND AS ONE OF THE CSO'S MOST IMPACTFUL INITIATIVES IN THE DEVELOPMENT OF YOUNG MUSICIANS. THIS ESTEEMED ENSEMBLE PROVIDED MIDDLE AND HIGH SCHOOL STUDENTS WITH RICH MUSICAL EXPERIENCES THROUGH INTERACTIONS AND INTENSIVE COACHING WITH CSO MUSICIANS THROUGHOUT THE SEASON. THE CHARLESTON SYMPHONY YOUTH SINFONIETTA (CSYS) IS A STRING ORCHESTRA THAT INTEGRATES WIND AND BRASS SECTIONS IN EACH CONCERT CYCLE, PREPARING YOUNGER MUSICIANS FOR THE MORE ADVANCED CSYO. THIS YEAR, THE PROGRAM SERVED OVER 100 STUDENTS FROM GRADES 3-12, WHO PERFORMED THREE CONCERTS AT THE CHARLESTON GAILLARD CENTER AND A FINAL CONCERT AT THE MUSIC HALL DURING THE PICCOLO SPOLETO FESTIVAL. THE CSYO AND CSYS WERE ALSO FEATURED IN A SYMPHONY MASTERWORKS PERFORMANCE, PROVIDING STUDENTS WITH THE LIFE-CHANGING EXPERIENCE OF PERFORMING ALONGSIDE PROFESSIONAL MUSICIANS OF THE SYMPHONY ON THE GAILLARD STAGE, CONDUCTED BY MAESTRO GERARD SCHWARZ.FURTHERMORE, THE SYMPHONY CONTINUED ITS PARTNERSHIP WITH THE COLLEGE OF CHARLESTON FOR THE THIRD YEAR OF THE EXECUTIVE FELLOWSHIP PROGRAM AND INTRODUCED THE SECOND SEASON OF THE ORCHESTRAL FELLOWSHIP. THIS YEAR, FIVE MUSICIANS, ALONG WITH TWO EXECUTIVE FELLOWS, WERE SELECTED THROUGH A RIGOROUS PROCESS TO JOIN THE SYMPHONY. THE PROGRAM OFFERSPERSONAL AND PROFESSIONAL DEVELOPMENT FOR EMERGING NONPROFIT ARTS LEADERS AND MUSICIANS. THIS SEASON, THE FELLOWS PARTICIPATED IN A VARIETY OF SYMPHONY ACTIVITIES, INCLUDING MAIN SERIES PERFORMANCES, EDUCATION AND COMMUNITY PROJECTS, AND THE FELLOWSHIP SHOWCASE. THE SYMPHONY REMAINS DEDICATED TO PROVIDING CULTURALLY RELEVANT PROGRAMMING THAT RESONATES WITH DIVERSE AUDIENCES.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $5,120,173 | $5,363,939 | 0.0% |
| Expenses | $4,931,970 | $4,529,774 | +0.1% |
| Net Income | $188,203 | $834,165 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| EDWARD HART | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICK ILDERTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TAYLOR CHARPIA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CLYDE HIERS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NATALIE HAM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JODI RUSH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GERALD TANENBAUM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KAY MAYBANK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL MOODY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CYNTHIA MABRY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TRACY GROOMS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELLEN DAVIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RENARD HARRIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNE OLSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR SHARESE PEARSON-BUSH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIFFANY REED SILVERMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GAIL CORVETTE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STUART AMES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNE W CLEVELAND | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR AARON P LESHER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS STAUBES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RAJAN GOVINDAN | TREASURER | 1.00 |
Officer
|
$0 | $0 | $0 |
| DR BOBBY BAKER | PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| DAVID SAVARD | VICE PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| MICHAEL A SMITH | CHIEF EXECUTIVE OFFICER | 60.00 |
Officer
|
$162,500 | $12,968 | $175,468 |
| SUSAN SULLIVAN | SECRETARY | 1.00 |
Officer
|
$0 | $0 | $0 |
| JERRY EVANS | VICE PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| WENDI HUFF | VICE PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $5,120,173 | $4,931,970 | $10,727,469 | $188,203 |
| 2023 | $5,363,939 | $4,529,774 | $9,676,718 | $834,165 |
| 2022 | $9,194,585 | $3,888,659 | $8,106,651 | $5,305,926 |
| 2021 | $3,884,009 | $2,821,523 | $3,900,208 | $1,062,486 |
| 2020 | $3,546,964 | $3,670,402 | $2,650,180 | $-123,438 |
| 2019 | $3,571,845 | $3,595,246 | $2,506,022 | $-23,401 |
| 2018 | $3,634,175 | $3,570,537 | $2,452,958 | $63,638 |
Compare CHARLESTON SYMPHONY ORCHESTRA with other nonprofits in South Carolina and across the country.