BREVARD CHAMBER ORCHESTRA ASSOCIATION INC

EIN: 581477266 501(c)(3)

BREVARD, NC

Total Revenue
$397,021
Total Expenses
$342,313
Total Assets
$1,492,593
Net Assets
$1,373,414
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NC
Principal Officer
CAROLE FUTRELLE
Phone
8288844221
Tax Period
2024-07-01 to 2025-06-30

BREVARD CHAMBER ORCHESTRA ASSOCIATION INC, founded in 1982, is a small nonprofit that reported $397K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $342K left a modest 14% surplus.

Mission

THE MISSION OF THE BREVARD PHILHARMONIC IS TO INSPIRE, EDUCATE, AND ENRICH THE AUDIENCES THROUGH EXCEPTIONAL, PROFESSIONAL MUSICAL PERFORMANCES AND COMMUNITY OUTREACH.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $243,853
Program Service Revenue $119,743
Investment Income $24,238
Other Revenue $9,187
TOTAL REVENUE $397,021

Expense Breakdown

Grants Paid $0
Salaries & Benefits $49,364
Fundraising Expenses $0
Program Expenses $332,562
Other Expenses $292,949
TOTAL EXPENSES $342,313

Year-over-Year Comparison

2024 2023 Change
Revenue $397,021 $307,899 +0.3%
Expenses $342,313 $281,274 +0.2%
Net Income $54,708 $26,625 +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

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
1
Volunteers
16

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
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN AUSTIN BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES BAUDOIN TREASURER 5.00
Officer Director
$0 $0 $0
CARRIE BLAIR BOARD MEMBER 1.00
Director
$0 $0 $0
RENEE BRESLER BOARD MEMBER 1.00
Director
$0 $0 $0
NINA BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTINE CANDLER VICE PRESIDE 5.00
Officer Director
$0 $0 $0
ELIZABETH CREECH BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLE FUTRELLE PRESIDENT 5.00
Officer Director
$0 $0 $0
CRIS HEDGPETH BOARD MEMBER 1.00
Director
$0 $0 $0
KEN KOLB BOARD MEMBER 1.00
Director
$0 $0 $0
JUDITH PATRICK SECRETARY 5.00
Officer Director
$0 $0 $0
KATINKA REMUS BOARD MEMBER 1.00
Director
$0 $0 $0
GYPSY RICHARDSON BOARD MEMBER 1.00
Director
$0 $0 $0
JANE ROBERTSON BOARD MEMBER 1.00
Director
$0 $0 $0
MARY BETH SHUMATE BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE STEWART BOARD MEMBER 1.00
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 $397,021 $342,313 $1,492,593 $54,708
2024 $307,899 $281,274 $1,021,338 $26,625
2023 $250,291 $268,425 $980,021 $-18,134
2022 $263,273 $206,078 $951,965 $57,195
2021 $34,644 $44,956 $793,923 $-10,312
2020 $264,215 $47,626 $812,343 $216,589
2019 $524,717 $43,606 $713,409 $481,111
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BREVARD CHAMBER ORCHESTRA ASSOCIATION INC with other nonprofits in North Carolina and across the country.