THE AUSTIN SYMPHONY ORCHESTRA SOCIETY INC

EIN: 746000068 501(c)(3) Arts, Culture & Humanities

AUSTIN, TX

Total Revenue
$6,015,693
Total Expenses
$6,881,900
Total Assets
$7,755,197
Net Assets
$6,149,464
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
TX
Principal Officer
JUSTUS ZIMMERMAN
Phone
5124766064
Tax Period
2024-09-01 to 2025-08-31

THE AUSTIN SYMPHONY ORCHESTRA SOCIETY INC, founded in 1940, is a community nonprofit in the Arts, Culture & Humanities sector that reported $6.0M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $6.9M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PRESENT, PROMOTE, ENCOURAGE, AND ADVANCE MUSICAL EDUCATION AND ENJOYMENT OF ORCHESTRA MUSIC TO THE CITIZENS OF AUSTIN AND CENTRAL TEXAS.

Program Service Accomplishments

Program 1
Expenses: $5,068,622 Revenue: $2,961,863

THE AUSTIN SYMPHONY ORCHESTRA SOCIETY, INC. PERFORMED ITS REGULAR SUBSCRIPTION CONCERT SERIES FROM SEPTEMBER - MAY, COMPOSED OF 8 MASTERWORKS AND 4 POPS CONCERTS AS TICKETED EVENTS TO LIVE AUDIENCES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,734,449
Program Service Revenue $2,926,986
Investment Income $76,987
Other Revenue $277,271
TOTAL REVENUE $6,015,693

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,070,393
Fundraising Expenses $701,344
Program Expenses $5,068,622
Other Expenses $2,811,507
TOTAL EXPENSES $6,881,900

Year-over-Year Comparison

2024 2023 Change
Revenue $6,015,693 $6,561,950 -0.1%
Expenses $6,881,900 $6,496,117 +0.1%
Net Income $-866,207 $65,833 -14.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
63
Independent Members
62
Employees
270
Volunteers
100

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
16
$233,912
Total Directors
63
$31,949
Key Employees
1
$189,928
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADRIANNE NIXON CHAIR DIVERSITY/COMMUNITY ENGAGEMENT 0.25
Officer Director
$0 $0 $0
ALEGRIA ARCE HIBBETTS BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
ALEX PETTITT CHAIR REAL ESTATE COMMITTEE 0.25
Director
$0 $0 $0
ANDREA HORNER SEMELS BOARD OF TRUSTEES EX-OFFICIO 0.25
Director
$0 $0 $0
ANDREW CRUCE BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
ASHLEY HYTEN REISCHMAN BOARD OF TRUSTEES EX-OFFICIO 0.25
Director
$0 $0 $0
BEN BENTZIN PAST PRESIDENT 0.25
Officer Director
$0 $0 $0
BENNIE DOWNING BOARD OF TRUSTEES EX-OFFICIO 0.25
Director
$0 $0 $0
BETH STEINBERG BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
BILL BUCHHOLZ BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
CARLOS ZAFFIRINI JR BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
CHARLES MURPHY EXECUTIVE COMMITTEE EX-OFFICIO 0.25
Director
$0 $0 $0
DANIEL B POWELL III BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
DARREN GIBSON LEGAL COUNSEL 0.25
Officer Director
$0 $0 $0
DOROTHY BUTLER BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
DOUGLAS M DANFORTH BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
DOUGLAS M HARTMAN CHAIR FINANCE 0.25
Officer Director
$0 $0 $0
ELENA GOYANES BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
ERIC TIBLIER BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
ERIC VENDITTI BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
ERNEST C BUTLER EXECUTIVE COMMITTEE EX-OFFICIO 0.25
Director
$0 $0 $0
EVA WOMACK BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
ISABEL WELLAND CHAIR DEVELOPMENT 0.25
Officer Director
$0 $0 $0
JAY B STEWART CHAIR GOVERNMENT AFFAIRS COUNCIL 0.25
Director
$0 $0 $0
JENNIFER GRAVENOR BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
JIM WHORTON BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
JOHN G WANG VICE CHAIR FINANCE 0.25
Director
$0 $0 $0
JOHN H AKIN BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
JONATHAN LASS BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
JONATHAN ROUSE EXECUTIVE COMMITTEE EX-OFFICIO 0.25
Director
$0 $0 $0
KARL HOLTZMAN BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
LARAMIE R STROUD BOARD OF TRUSTEES EX-OFFICIO 0.25
Director
$0 $0 $0
LEE KUGLE CHAIR EDUCATION 0.25
Officer Director
$0 $0 $0
LINDA VAN BAVEL PRESIDENT 0.50
Officer Director
$0 $0 $0
LINDSEY RIMA FELIX SECRETARY 0.25
Officer Director
$0 $0 $0
MARSHA STAATS BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
MARVIN BRITTMAN EXECUTIVE VICE PRESIDENT 0.25
Officer Director
$0 $0 $0
MARY ANN HELLER EXECUTIVE COMMITTEE EX-OFFICIO 0.25
Director
$0 $0 $0
MARY PADGETT BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
MELANIE WALTERS BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
MICAH J KING VICE CHAIR DIVERSITY/COMMUNITY ENGAGEMENT 0.25
Director
$0 $0 $0
MICHAEL JARRATT BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
NINA NELMS EXECUTIVE VICE PRESIDENT, FRC REP 0.25
Officer Director
$0 $0 $0
P ROGER WILLIAMSON CHAIR ORCHESTRA HOSPITALITY 0.25
Director
$0 $0 $0
PATRICK L WATKINS BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
PAULA DAMORE BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
REAGAN REAUD BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
ROBERT BROOKS BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
ROCHELLE KRAUS BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
ROGER BORGELT VICE CHAIR REAL ESTATE COMMITTEE 0.25
Director
$0 $0 $0
RONALD C JERNIGAN CHAIRMAN 0.50
Officer Director
$0 $0 $0
STACEY MCLEOD BREWER EXECUTIVE COMMITTEE EX-OFFICIO 0.25
Director
$0 $0 $0
STEPHANIE CAGNIART BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
STEVE KAHNG BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
SUSAN DOUGLAS VICE CHAIR EDUCATION 0.25
Director
$0 $0 $0
SUSAN SALCH CHAIR MARKETING 0.25
Officer Director
$0 $0 $0
THOMAS M NEVILLE EXECUTIVE COMMITTEE EX-OFFICIO 0.25
Director
$0 $0 $0
TOM SELLERS CHAIR GOVERNANCE 0.25
Officer Director
$0 $0 $0
WENDY LARY BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
WILLIAM E HOPKINS BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
WILLIAM F STUTTS CHAIR ARTISTIC ADVISORY 0.25
Director
$0 $0 $0
WILLIAM H BINGHAM BOARD OF TRUSTEES AT LARGE 0.25
Director
$0 $0 $0
JUSTUS ZIMMERMAN CEO / EXECUTIVE DIRECTOR 40.00
Officer Director
$31,949 $0 $31,949
JAMES D GREEN EXECUTIVE COMMITTEE EX-OFFICIO AT LARGE 40.00
Officer
$66,059 $0 $66,059
RICHARD ROCHE CFO 40.00
Officer
$128,100 $7,804 $135,904
PETER BAY MUSIC DIRECTOR 40.00
Key Emp
$182,412 $7,516 $189,928
MAGGIE THOMPSON DIRECTOR OF ADVANCEMENT 40.00
Highest
$119,635 $7,804 $127,439
SANDRA CULHANE DIRECTOR OF ARTISTIC OPERATIONS 40.00
Highest
$116,720 $7,531 $124,251
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 $6,015,693 $6,881,900 $7,755,197 $-866,207
2024 $6,561,950 $6,496,117 $8,672,562 $65,833
2023 $6,594,613 $6,343,837 $8,501,334 $250,776
2022 $7,537,632 $6,058,007 $8,162,367 $1,479,625
2021 $4,195,926 $4,638,241 $7,592,727 $-442,315
2020 $5,333,828 $5,162,363 $4,090,381 $171,465
2019 $5,008,150 $5,457,069 $3,819,684 $-448,919
2018 $5,403,968 $5,575,523 $4,285,987 $-171,555
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