CHATTANOOGA SYMPHONY & OPERA ASSOCIATION (EIN 626002098) - 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

Formation Year

1937

Legal Domicile

Principal Officer

SUSAN CAMINEZ

Phone

4232678583

Tax Period

2023-06-01 to 2024-05-31

CHATTANOOGA SYMPHONY & OPERA ASSOCIATION, founded in 1937, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $2.7M exceeded revenue, resulting in a 35% operating deficit.

Mission

TO INSPIRE, ENGAGE & ENRICH THE GREATER CHATTANOOGA COMMUNITY THROUGH MUSIC AND MUSIC EDUCATION.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,076,662

Program Service Revenue $668,624

Investment Income $221,320

Other Revenue $891

TOTAL REVENUE $1,967,497

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,882,271

Fundraising Expenses $92,805

Program Expenses $2,262,773

Other Expenses $779,322

TOTAL EXPENSES $2,661,593

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,967,497	$1,696,238	+0.2%
Expenses	$2,661,593	$2,667,748	0.0%
Net Income	$-694,096	$-971,510	-0.3%

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

Employees

237

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

$158,713

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WARREN BARNETT	DIRECTOR	2.00	Director	$0	$0	$0
KATIE BYRUM	DIRECTOR	2.00	Director	$0	$0	$0
MITCH CARTER	DIRECTOR	2.00	Director	$0	$0	$0
ALICE MARIE CLARK DANKS	DIRECTOR	2.00	Director	$0	$0	$0
JO COKE	DIRECTOR	2.00	Director	$0	$0	$0
BRIDGET J GIBSON	DIRECTOR	2.00	Director	$0	$0	$0
SAM GOWIN	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM GREEN	DIRECTOR	2.00	Director	$0	$0	$0
HOLLY HAYNES	DIRECTOR	2.00	Director	$0	$0	$0
KATRINA FARMER	DIRECTOR	2.00	Director	$0	$0	$0
EVA JO JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS LYKINS	DIRECTOR	2.00	Director	$0	$0	$0
LAUREN KAYWOOD	DIRECTOR	2.00	Director	$0	$0	$0
AMY MAHONE	SECRETARY	2.00	Officer Director	$0	$0	$0
TODD MAYNOR	DIRECTOR	2.00	Director	$0	$0	$0
DON MCDOWELL	PRESIDENT	2.00	Officer Director	$0	$0	$0
ED RUSK	TREASURER	2.00	Officer Director	$0	$0	$0
LAFREDERICK THIRKILL	DIRECTOR	2.00	Director	$0	$0	$0
NEIL THOMAS	DIRECTOR	2.00	Director	$0	$0	$0
HARRIETT WHITAKER	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
PRISCILLA ESTRADA	DIRECTOR	2.00	Director	$0	$0	$0
JOSHUA HOLRITZ	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN CAMINEZ	EXECUTIVE DIRECTOR(START MARCH 2024)	40.00	Officer	$61,350	$0	$61,350
JOHN KILKENNY	EXECUTIVE DIRECTOR(END MARCH 2024)	40.00	Officer	$97,363	$0	$97,363

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	$1,967,497	$2,661,593	$1,006,709	$-694,096
2023	$1,696,238	$2,667,748	$1,747,787	$-971,510
2022	$2,680,505	$2,315,866	$2,736,698	$364,639
2021	$1,209,869	$1,348,844	$2,661,078	$-138,975
2020	$2,025,892	$2,334,032	$1,906,022	$-308,140

CHATTANOOGA SYMPHONY & OPERA ASSOCIATION