PRESCOTT, AZ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ARIZONA PHILHARMONIC INC, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $228K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $275K exceeded revenue, resulting in a 20% operating deficit.
ORGANIZATIONS' PRIMARY EXEMPT PURPOSE: ARIZONA PHILHARMONIC (AZ PHILL)IS A 501(C)(3)NONPROFIT WHOSE MISSION IS TO EMBODY ARTISTIC EXCELLENCE AND INSPIRE THE GROWTH OF SYMPHONIC MUSIC THROUGH DIVERSITY IN GENRE , PROGRAMMING, COLLABERATION, AUDIENCES, AND MUSICIANS. AZ PHIL SEEKS TO TOUCH ITS LISTENERS' HEARTS AND MINDS TO SERVE THE NEEDS AND SUPPORT THE GROWTH OF THE PRESCOTT AREA'S PERFORMING ARTS SCENE, AND TO NURTURE COMMUNITY PARTICIPATION IN THE PERFORMING ARTS. AZ PHIL IS COMMITTED TO PRODUCING QUALITY AND TRANSFORMATIVE CONCERTS; PAYING MUSICIANS FAIR WAGES; CREATING JOBS; PROMOTING LIVING COMPOSERS; OFFERING CREATIVITY-BASED OUTREACH TO YOUTH, UNDERSERVED, VETERANS AND SENIORS; AND ENABLING ATTENDANCE BY ALL ECONOMIC LEVELS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $228,246 | $308,072 | -0.3% |
| Expenses | $274,581 | $308,271 | -0.1% |
| Net Income | $-46,335 | $-199 | +231.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ABBY COFFEY | Executive Dir. | 30.00 |
Officer
|
$25,000 | $0 | $25,000 |
| HENRY FLURRY | ARTISTIC DIR. | 30.00 |
Officer
|
$12,948 | $0 | $12,948 |
| DEBBIE O'BRIEN | Treasurer | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| SANDY FARRELL | Director | 25.00 |
Director
|
$0 | $0 | $0 |
| KAREN TEPLIK | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| CHRISTENA CAVALETTO | President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARBARA METZ | Vice President | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| TONI DENIS | PAST PRESIDENT | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $228,246 | $274,581 | $37,228 | $-46,335 |
| 2023 | $308,072 | $308,271 | $55,599 | $-199 |
| 2022 | $235,155 | $222,407 | $55,304 | $12,748 |
| 2022 | $235,155 | $222,407 | $55,304 | $12,748 |
Compare ARIZONA PHILHARMONIC INC with other nonprofits in Arizona and across the country.