THE AUSTIN SYMPHONY ORCHESTRA SOCIETY ENDOWMENT FUND TRUST

EIN: 746435533 501(c)(3) Arts, Culture & Humanities

AUSTIN, TX

Total Revenue
$3,758,285
Total Expenses
$665,673
Total Assets
$22,373,421
Net Assets
$22,373,421
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
TX
Principal Officer
DR ERNEST C BUTLER
Phone
5124766064
Tax Period
2024-09-01 to 2025-08-31

THE AUSTIN SYMPHONY ORCHESTRA SOCIETY ENDOWMENT FUND TRUST, founded in 1997, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 258% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.1M, a strong 82% operating margin.

Mission

PROVIDING FINANCIAL SUPPORT TO THE AUSTIN SYMPHONY ORCHESTRA SOCIETY, INC. (ASO).

Program Service Accomplishments

Program 1
Expenses: $615,112

THE AUSTIN SYMPHONY ORCHESTRA SOCIETY ENDOWMENT FUND TRUST IS A TYPE I, SECTION 509(A)(3) SUPPORTING ORGANIZATION THAT PROVIDES SUPPORT TO THE AUSTIN SYMPHONY ORCHESTRA SOCIETY, INC. THIS ASSISTANCE...

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THE AUSTIN SYMPHONY ORCHESTRA SOCIETY ENDOWMENT FUND TRUST IS A TYPE I, SECTION 509(A)(3) SUPPORTING ORGANIZATION THAT PROVIDES SUPPORT TO THE AUSTIN SYMPHONY ORCHESTRA SOCIETY, INC. THIS ASSISTANCE SUPPORTS CLASSICAL MUSIC PRESENTATIONS INCLUDING REGULAR SUBSCRIPTION CONCERT SERIES, YOUTH PROGRAMS, AND FREE CONCERTS TO THE 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,268,720
Program Service Revenue $0
Investment Income $489,565
Other Revenue $0
TOTAL REVENUE $3,758,285

Expense Breakdown

Grants Paid $615,112
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $615,112
Other Expenses $50,561
TOTAL EXPENSES $665,673

Year-over-Year Comparison

2024 2023 Change
Revenue $3,758,285 $1,050,035 +2.6%
Expenses $665,673 $654,581 +0.0%
Net Income $3,092,612 $395,454 +6.8%
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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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
12

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
$98,008
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARAMINTA SELLERS BOARD MEMBER 0.25
Director
$0 $0 $0
BEN BENTZIN BOARD MEMBER 0.25
Director
$0 $0 $0
DALYA SACHS BOARD MEMBER 0.25
Director
$0 $0 $0
DANIEL B POWELL III BOARD MEMBER 0.25
Director
$0 $0 $0
DAVID DOUGLAS BOARD MEMBER 0.25
Director
$0 $0 $0
ERNEST BUTLER CHAIRMAN 0.50
Officer Director
$0 $0 $0
JOHANNES BRINKMANN BOARD MEMBER 0.25
Director
$0 $0 $0
JOHN MCFARLANE BOARD MEMBER 0.25
Director
$0 $0 $0
LINDA VAN BAVEL BOARD MEMBER 0.25
Director
$0 $0 $0
MARCIE JARRATT BOARD MEMBER 0.25
Director
$0 $0 $0
MARGARET DANFORTH BOARD MEMBER 0.25
Director
$0 $0 $0
MARVIN BRITTMAN BOARD MEMBER 0.25
Director
$0 $0 $0
PAUL J NATHO BOARD MEMBER 0.25
Director
$0 $0 $0
STEVE A WILSON BOARD MEMBER 0.25
Director
$0 $0 $0
SUSANNE TETZLAFF BOARD MEMBER 0.25
Director
$0 $0 $0
THOMAS M NEVILLE BOARD MEMBER 0.25
Director
$0 $0 $0
JAMES D GREEN INTERIM CEO/EXECUTIVE DIRECTOR 0.50
Officer
$0 $0 $66,059
JUSTUS ZIMMERMAN CEO/EXECUTIVE DIRECTOR 0.50
Officer
$0 $0 $31,949
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 $3,758,285 $665,673 $22,373,421 $3,092,612
2024 $1,050,035 $654,581 $17,479,358 $395,454
2023 $452,628 $634,732 $14,701,256 $-182,104
2022 $918,867 $595,335 $14,081,417 $323,532
2021 $796,270 $608,598 $16,999,077 $187,672
2020 $1,273,269 $535,382 $13,962,330 $737,887
2019 $2,296,059 $471,625 $13,232,501 $1,824,434
2018 $808,901 $483,706 $13,424,550 $325,195
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