GREAT FALLS SYMPHONY ASSOC INC

EIN: 816014907 501(c)(3)

GREAT FALLS, MT

Total Revenue
$1,096,808
Total Expenses
$1,059,958
Total Assets
$3,071,121
Net Assets
$2,882,341
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
MT
Principal Officer
HILLARY R SHEPHERD
Phone
4064534102
Tax Period
2024-07-01 to 2025-06-30

GREAT FALLS SYMPHONY ASSOC INC, founded in 1959, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.1M left a modest 3% surplus.

Mission

MUSICAL PERFORMANCE AND EDUCATION

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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 $627,299
Program Service Revenue $217,880
Investment Income $184,689
Other Revenue $66,940
TOTAL REVENUE $1,096,808

Expense Breakdown

Grants Paid $0
Salaries & Benefits $684,538
Fundraising Expenses $0
Program Expenses $571,082
Other Expenses $375,420
TOTAL EXPENSES $1,059,958

Year-over-Year Comparison

2024 2023 Change
Revenue $1,096,808 $1,062,535 +0.0%
Expenses $1,059,958 $1,195,541 -0.1%
Net Income $36,850 $-133,006 -1.3%
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
14
Independent Members
14
Employees
141
Volunteers
150

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
$127,417
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HILLARY R SHEPHERD EXECUTIVE DIRECTOR 40.00
Officer
$75,000 $0 $75,000
GRANT HARVILLE MUSIC DIRECTOR 40.00
Officer
$52,417 $0 $52,417
RAYMOND PORTER PRESIDENT 10.00
Officer Director
$0 $0 $0
PAUL HAFFEMAN PRESIDENT ELECT 10.00
Officer Director
$0 $0 $0
PAM GUSCHAUSKY TREASURER 10.00
Officer Director
$0 $0 $0
NANCY LONCKI SECRETARY 10.00
Officer Director
$0 $0 $0
RUSS KELLOGG BOARD MEMBER 5.00
Director
$0 $0 $0
ANDREA BARROW BOARD MEMBER 5.00
Director
$0 $0 $0
DYLAN CHAMPAGNE BOARD MEMBER 5.00
Director
$0 $0 $0
RUTH JOHNSON BOARD MEMBER 5.00
Director
$0 $0 $0
TIANNA FORD BOARD MEMBER 5.00
Director
$0 $0 $0
SUZIE TALEFF BOARD MEMBER 5.00
Director
$0 $0 $0
MARK JURAS BOARD MEMBER 5.00
Director
$0 $0 $0
DUSTY MOLYNEAUX BOARD MEMBER 5.00
Director
$0 $0 $0
JAKE WILKINSON BOARD MEMBER 5.00
Director
$0 $0 $0
DARCY WILKINSON BOARD MEMBER 5.00
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 $1,096,808 $1,059,958 $3,071,121 $36,850
2024 $1,062,535 $1,195,541 $2,750,907 $-133,006
2023 $924,417 $1,175,639 $2,647,768 $-251,222
2022 $1,057,400 $1,107,217 $2,753,927 $-49,817
2021 $729,276 $696,529 $1,881,219 $32,747
2020 $678,793 $759,408 $2,693,238 $-80,615
2019 $753,404 $844,957 $2,920,817 $-91,553
2019 $937,026 $1,028,579 $2,920,817 $-91,553
2018 $824,853 $786,951 $3,031,850 $37,902
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