SOUTH TEXAS SYMPHONIC ORCHESTRA

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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

RONNIE SANDERS

Phone

2108432609

Tax Period

2023-01-01 to 2023-12-31

SOUTH TEXAS SYMPHONIC ORCHESTRA, founded in 2017, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $14K in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $19K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE SOUTH TEXAS SYMPHONIC ORCHESTRA WILL COMMUNICATE MESSAGES OF HUMANITY THROUGH THE POWER OF SYMPHONIC MUSIC TO AUDIENCES OF ALL AGES IN UNIQUE AND CREATIVE WAYS.

Program Service Accomplishments

Program 1

Expenses: $15,092 Revenue: $14,125

IN 2023, THE SOUTH TEXAS SYMPHONIC ORCHESTRA HELD ELEVEN CONCERTS. TWO CHILDREN'S EDUCATIONAL CONCERTS, ONE FALL CONCERT, SIX NUTCRACKER PERFORMANCES, AND TWO SPRING CONCERT. EACH PERFORMANCE HAD...

IN 2023, THE SOUTH TEXAS SYMPHONIC ORCHESTRA HELD ELEVEN CONCERTS. TWO CHILDREN'S EDUCATIONAL CONCERTS, ONE FALL CONCERT, SIX NUTCRACKER PERFORMANCES, AND TWO SPRING CONCERT. EACH PERFORMANCE HAD BETWEEN 500-600 ATTENDEES AND INVOLVED AT LEAST 71 MUSICIANS AND 8-10 VOLUNTEERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $14,125

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $14,125

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,092

Other Expenses $18,560

TOTAL EXPENSES $18,560

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,125	$27,207	-0.5%
Expenses	$18,560	$24,531	-0.2%
Net Income	$-4,435	$2,676	-2.7%

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

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
ROGER DURAN	DIRECTOR	0.50	Director	$0	$0	$0
NANCY SCARSDALE SANDERS	DIRECTOR	0.50	Director	$0	$0	$0
JULIE WARD	DIRECTOR	0.50	Director	$0	$0	$0
ALAN WILLIAMS	DIRECTOR	0.50	Director	$0	$0	$0
RONNIE SANDERS	ARTISTIC DIR	7.60	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
2024	No data	No data	No data	No data
2023	$14,125	$18,560	$2,242	$-4,435
2022	$27,207	$24,531	$6,677	$2,676