RAPIDES SYMPHONY ORCHESTRA

EIN: 720823240 501(c)(3) Arts, Culture & Humanities

ALEXANDRIA, LA

Total Revenue
$633,373
Total Expenses
$359,833
Total Assets
$1,767,467
Net Assets
$1,635,950
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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
1967
Legal Domicile
LA
Principal Officer
MARY ANN CLARY
Phone
2143952729
Tax Period
2023-01-01 to 2023-12-31

RAPIDES SYMPHONY ORCHESTRA, founded in 1967, is a small nonprofit in the Arts, Culture & Humanities sector that reported $633K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $274K, a strong 43% operating margin.

Mission

TO BRING CULTURAL ENRICHMENT TO THE ENTIRE COMMUNITY THROUGH QUALITY MUSIC PROGRAMS, AND TO FOSTER THE DEVELOPMENT OF AREA MUSICIANS OF ALL AGES THROUGH PERFORMANCE OPPURTUNITIES AND EDUCATIONAL INITIATIVES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $402,850
Program Service Revenue $75,936
Investment Income $120,051
Other Revenue $34,536
TOTAL REVENUE $633,373

Expense Breakdown

Grants Paid $0
Salaries & Benefits $109,670
Fundraising Expenses $0
Program Expenses $224,733
Other Expenses $250,163
TOTAL EXPENSES $359,833

Year-over-Year Comparison

2023 2022 Change
Revenue $633,373 $477,556 +0.3%
Expenses $359,833 $379,227 -0.1%
Net Income $273,540 $98,329 +1.8%
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
16
Independent Members
16
Employees
3
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
3
$0
Total Directors
14
$53,807
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSHUA ZONA ORCHESTRA DIREC 30.00
Director
$53,807 $0 $53,807
ANDREA GIRON DE ADAMS BOARD MEMBER 1.00
Director
$0 $0 $0
BARBARA ELKINS BOARD MEMBER 1.00
Director
$0 $0 $0
NYDIA FREEDMAN BOARD MEMBER 1.00
Director
$0 $0 $0
CAROL CORBAT BOARD MEMBER 1.00
Director
$0 $0 $0
HAIYAN CHEN BOARD MEMBER 1.00
Director
$0 $0 $0
HOLLIS ERVIN BOARD MEMBER 1.00
Director
$0 $0 $0
FRANKIE RANDELL BOARD MEMBER 1.00
Director
$0 $0 $0
MAGGIE MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MAXEY BOARD MEMBER 1.00
Director
$0 $0 $0
KIM THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
JOJI MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
JIMMY SAWTELLE BOARD MEMBER 1.00
Director
$0 $0 $0
INDIA REID VERMAELEN BOARD MEMBER 1.00
Director
$0 $0 $0
JOE MACKAY PRESIDENT 2.00
Officer
$0 $0 $0
TERRY AUBIN TREASURER 2.00
Officer
$0 $0 $0
STEPHANIE DUPLISSEY SECRETARY 2.00
Officer
$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
2024 No data No data No data No data
2023 $633,373 $359,833 $1,767,467 $273,540
2022 $477,556 $379,227 $1,461,681 $98,329
2021 $218,526 $173,308 $1,498,701 $45,218
2021 $313,495 $162,766 $1,428,780 $150,729
2020 $335,606 $276,105 $1,076,721 $59,501
2019 $596,680 $323,260 $1,054,146 $273,420
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