ALBANY SYMPHONY FOUNDATION INC (EIN 821743921) - Form 990 Financial Analysis & Trantor Score

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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

2017

Legal Domicile

Principal Officer

BEN ROBERTS

Phone

2298836262

Tax Period

2022-01-01 to 2022-12-31

ALBANY SYMPHONY FOUNDATION INC, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $126K in total revenue in fiscal year 2022. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $168K exceeded revenue, resulting in a 33% operating deficit.

Mission

THE MISSION OF THE ALBANY SYMPHONY FOUNDATION, INC. IS TO BE A SUPPORTING ORGANIZATION FOR THE ALBANY SYMPHONY ASSOCIATION, INC.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $125,913

Other Revenue $0

TOTAL REVENUE $125,913

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $167,574

Other Expenses $167,574

TOTAL EXPENSES $167,574

Year-over-Year Comparison

	2022	2021	Change
Revenue	$125,913	$324,958	-0.6%
Expenses	$167,574	$101,126	+0.7%
Net Income	$-41,661	$223,832	-1.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIELLEN BATEMAN	TRUSTEE/PRES	0.25	Officer Director	$0	$0	$0
RICHARD BROWN	PAST TREASUR	0.25	Officer Director	$0	$0	$0
JIM BULLION	PAST PRESIDE	0.25	Officer Director	$0	$0	$0
JOHN DIXON	TRUSTEE	0.25	Director	$0	$0	$0
JIM GLASS	TRUSTEE	0.25	Director	$0	$0	$0
LADD MURPHY	TREASURER	0.25	Officer Director	$0	$0	$0
BEN ROBERTS	TRUSTEE	0.25	Director	$0	$0	$0
JUDGE W LOUIS SANDS	TRUSTEE	0.25	Director	$0	$0	$0
HOLLAND WRIGHT	VICE PRESIDE	0.25	Officer 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
2022	$125,913	$167,574	$2,409,680	$-41,661
2021	$324,958	$101,126	$2,966,736	$223,832
2020	$99,221	$18,639	$2,803,590	$80,582
2019	$57,432	$97,603	$2,450,465	$-40,171
2018	$69,852	$95,391	$2,155,321	$-25,539
2017	$2,350,870	$2,854	$2,384,147	$2,348,016

ALBANY SYMPHONY FOUNDATION INC