MONROE SYMPHONY ORCHESTRA INC (EIN 720716521) - Form 990 Financial Analysis & Trantor Score

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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

1972

Legal Domicile

Principal Officer

JARROD RICHEY

Phone

3183222870

Tax Period

2024-06-01 to 2025-05-31

MONROE SYMPHONY ORCHESTRA INC, founded in 1972, is a small nonprofit in the Arts, Culture & Humanities sector that reported $110K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $132K exceeded revenue, resulting in a 20% operating deficit.

Mission

SYMPHONY MUSIC FOR EDUCATION OF PUBLIC

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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 (2024)

Revenue Breakdown

Contributions & Grants $49,124

Program Service Revenue $57,671

Investment Income $5

Other Revenue $3,311

TOTAL REVENUE $110,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $131,912

Other Expenses $131,912

TOTAL EXPENSES $131,912

Year-over-Year Comparison

	2024	2023	Change
Revenue	$110,111	$121,435	-0.1%
Expenses	$131,912	$131,792	+0.0%
Net Income	$-21,801	$-10,357	+1.1%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED BENNETT	TREASURER	N/A	Officer Director	$0	$0	$0
JUDY BENNETT	PAST PRESIDE	N/A	Officer Director	$0	$0	$0
PATTI BROWNELL	SECRETARY	N/A	Officer Director	$0	$0	$0
MARILYN DECKER	BOARD MEMBER	N/A	Director	$0	$0	$0
KATHRYN IRWIN	BOARD MEMBER	N/A	Director	$0	$0	$0
MELISSA KEASTER	BOARD MEMBER	N/A	Director	$0	$0	$0
HAYS PORTER	BOARD MEMBER	N/A	Director	$0	$0	$0
JARROD RICHEY	PRESIDENT	N/A	Officer Director	$0	$0	$0
ETHELDRA SHARP	BOARD MEMBER	N/A	Director	$0	$0	$0
ERIC SIEREVELD	BOARD MEMBER	N/A	Director	$0	$0	$0
RICK SILER	BOARD MEMBER	N/A	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	$110,111	$131,912	$26,759	$-21,801
2024	$121,435	$131,792	$46,945	$-10,357
2023	$73,552	$127,902	$57,302	$-54,350
2022	$152,810	$85,141	$111,652	$67,669
2021	$19,034	$20,654	$43,983	$-1,620
2020	$144,887	$121,253	$46,192	$23,634
2019	$187,516	$185,453	$22,884	$2,063

MONROE SYMPHONY ORCHESTRA INC