Raleigh Symphony Orchestra Inc

EIN: 581466397 501(c)(3) Arts, Culture & Humanities

Raleigh, NC

Total Revenue
$118,517
Total Expenses
$118,721
Total Assets
$152,070
Net Assets
$151,646
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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
1981
Legal Domicile
NC
Principal Officer
Janet Shurtleff
Tax Period
2017-07-01 to 2018-06-30

Raleigh Symphony Orchestra Inc, founded in 1981, is a small nonprofit in the Arts, Culture & Humanities sector that reported $119K in total revenue in fiscal year 2017. Revenue decreased 15% compared to the prior year.

Mission

This organization provides concerts and educational programs at a reasonable cost to promote and encourage the understanding and appreciation of music in the Raleigh area.

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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%)

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Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $99,373
Program Service Revenue $11,129
Investment Income $8,015
Other Revenue $0
TOTAL REVENUE $118,517

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,584
Fundraising Expenses $9,388
Program Expenses $96,628
Other Expenses $109,137
TOTAL EXPENSES $118,721

Year-over-Year Comparison

2017 2016 Change
Revenue $118,517 $139,585 -0.2%
Expenses $118,721 $143,204 -0.2%
Net Income $-204 $-3,619 -0.9%
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

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Governance

Voting Members
19
Independent Members
19
Employees
2
Volunteers
46

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
4
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Janet Shurtleff President 15.00
Officer Director
$0 $0 $0
Warren Ferguson Vice President 0.00
Officer Director
$0 $0 $0
Janice Lienard Secretary 3.00
Officer Director
$0 $0 $0
Mark Underwood Treasurer 3.00
Officer Director
$0 $0 $0
Carl Koch Board Member 1.00
Director
$0 $0 $0
David Prodoehl Board Member 1.00
Director
$0 $0 $0
Celena Brock Board Member 1.00
Director
$0 $0 $0
Morris Lewis Board Member 1.00
Director
$0 $0 $0
Anthony Philpott Board Member 1.00
Director
$0 $0 $0
Ri-Shea Schlitter Board Member 1.00
Director
$0 $0 $0
Lanette Lind Board Member 1.00
Director
$0 $0 $0
Nelle Jones Kelley Board Member 1.00
Director
$0 $0 $0
Risa Poniros Board Member 1.00
Director
$0 $0 $0
Teresa Fernandez Board Member 1.00
Director
$0 $0 $0
Michelle Connell Board Member 1.00
Director
$0 $0 $0
Phyllis Garriss Board Member 1.00
Director
$0 $0 $0
Bob Jankowski Board Member 1.00
Director
$0 $0 $0
John Klein Board Member 0.00
Director
$0 $0 $0
Teresa Evans-Hunter Board Member 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
2018 $118,517 $118,721 $152,070 $-204
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