MARSHALL SYMPHONY SOCIETY

EIN: 751804933 501(c)(3)

Marshall, TX

Total Revenue
$259,801
Total Expenses
$263,311
Total Assets
$354,530
Net Assets
$354,530
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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
1952
Legal Domicile
TX
Tax Period
2023-06-01 to 2024-05-31

MARSHALL SYMPHONY SOCIETY, founded in 1952, is a small nonprofit that reported $260K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

TO PROMOTE SYMPHONY AND ORCHESTRA EDUCATION, INVOLVEMENT AND APPRECIATION.

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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 $251,364
Program Service Revenue $0
Investment Income $8,437
Other Revenue $0
TOTAL REVENUE $259,801

Expense Breakdown

Grants Paid $0
Salaries & Benefits $101,376
Fundraising Expenses $0
Program Expenses $263,311
Other Expenses $161,935
TOTAL EXPENSES $263,311

Year-over-Year Comparison

2023 2022 Change
Revenue $259,801 $276,526 -0.1%
Expenses $263,311 $314,444 -0.2%
Net Income $-3,510 $-37,918 -0.9%
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
20
Independent Members
20
Employees
N/A
Volunteers
30

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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEANN BEAVERS TREASURER 0.00
Officer
$0 $0 $0
BECKY PALMER PAST PRESIDENT 0.00
Officer
$0 $0 $0
CHARLES CORNISH VICE PRESIDENT 0.00
Officer
$0 $0 $0
TIFFANY AMMERMAN PRESIDENT 0.00
Officer
$0 $0 $0
SHERRY GILSTRAP CORRESPONDING SECRETARY 0.00
Officer
$0 $0 $0
NATHAN PHILLLPS RECORDING SECRETARY 0.00
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
2025 No data No data No data No data
2024 $259,801 $263,311 $354,530 $-3,510
2023 $276,526 $314,444 $358,040 $-37,918
2022 $267,946 $253,773 $395,958 $14,173
2021 $370,196 $117,356 $381,785 $252,840
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