COLORADO SYMPHONY ASSOCIATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

JOHN STREET

Phone

3037237876

Tax Period

2024-07-01 to 2025-06-30

COLORADO SYMPHONY ASSOCIATION, founded in 1989, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $20.6M in total revenue in fiscal year 2024.

Mission

THE COLORADO SYMPHONY ASSOCIATION (CSA) IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO FUND AND OPERATE THE COLORADO SYMPHONY ORCHESTRA FOR THE ENJOYMENT AND BENEFIT OF THE CITIZENS OF METROPOLITAN DENVER AND (CONT'D ON SCHEDULE O)(CONT'D) THE GREATER COLORADO AND ROCKY MOUNTAIN REGIONS. THE COLORADO SYMPHONY ORCHESTRA PERFORMS MORE THAN 100 CLASSICAL, POPS AND FAMILY CONCERTS EACH YEAR; SHOWCASING MANY OF THE WORLD'S FINEST MUSICIANS, CONDUCTORS, AND ENTERTAINERS.

Program Service Accomplishments

Program 1

Expenses: $16,600,278 Revenue: $11,129,998

THE COLORADO SYMPHONY ASSOCIATION PERFORMS CONCERTS NORMALLY BENEFITING OVER 250,000 PATRONS FROM THE DENVER AND TRI-STATE AREAS AND PROVIDES A PERFORMANCE PLATFORM TO WORLD-CLASS MUSICIANS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,859,870

Program Service Revenue $11,129,998

Investment Income $401,824

Other Revenue $225,414

TOTAL REVENUE $20,617,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,069,120

Fundraising Expenses $842,494

Program Expenses $16,600,278

Other Expenses $6,483,870

TOTAL EXPENSES $20,552,990

Year-over-Year Comparison

	2024	2023	Change
Revenue	$20,617,106	$19,354,090	+0.1%
Expenses	$20,552,990	$18,575,137	+0.1%
Net Income	$64,116	$778,953	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

568

Volunteers

250

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

$678,869

Total Directors

$1,676,241

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN STREET	BOARD CHAIR (AS OF AUG)	10.00	Officer Director	$0	$0	$0
JULIE RUBSAM	BOARD CO-CHAIR (JULY-AUG)	10.00	Officer Director	$0	$0	$0
DR RICHARD KRUGMAN	BOARD CO-CHAIR (JULY-AUG)	10.00	Officer Director	$0	$0	$0
MARTA O'GRADY	VICE CHAIR AND SECRETARY	10.00	Officer Director	$0	$0	$0
KIP WALLEN	TREASURER	10.00	Officer Director	$0	$0	$0
NICK DAVIES	MUSICIAN TRUSTEE	40.00	Director	$64,808	$11,458	$76,266
BROOK FERGUSON	MUSICIAN TRUSTEE	40.00	Director	$99,091	$14,241	$113,332
MARGARET HOEPPNER - MUS TRUST	(JUNE-DEC)/ TRUSTEE (AS OF JAN)	40.00	Director	$60,368	$9,212	$69,580
CHLOE HONG	MUSICIAN TRUSTEE	40.00	Director	$85,256	$11,847	$97,103
JOHN KINZIE	MUSICIAN TRUSTEE	40.00	Director	$100,872	$28,692	$129,564
KAREN KINZIE	MUSICIAN TRUSTEE	40.00	Director	$64,467	$9,590	$74,057
SEOYOEN MIN	MUSICIAN TRUSTEE	40.00	Director	$95,795	$11,949	$107,744
PAUL PRIMUS	MUSICIAN TRUSTEE	40.00	Director	$73,919	$33,610	$107,529
JOHN SIPHER	MUSICIAN TRUSTEE (AS OF JAN)	40.00	Director	$92,587	$15,049	$107,636
NICK TISHERMAN	MUSICIAN TRUSTEE	40.00	Director	$81,166	$11,724	$92,890
PETER OUNDJIAN	PRIN. CONDUCTOR/EX-OFFICIO TRUSTEE	40.00	Director	$385,000	$0	$385,000
DALTON BEASLEY	EX-OFFICIO TRUSTEE	1.00	Director	$0	$0	$0
SUSAN BOWLES	TRUSTEE	1.00	Director	$0	$0	$0
JAMES BUTLER	TRUSTEE	1.00	Director	$0	$0	$0
MARK CHAMPOUX	TRUSTEE (AS OF MAY)	1.00	Director	$0	$0	$0
YOUNG CHO	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTOPHER COLE	TRUSTEE (AS OF AUG)	1.00	Director	$0	$0	$0
MARIA DEL RIO	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT DONIGER	TRUSTEE	1.00	Director	$0	$0	$0
ADAM DONNER	TRUSTEE	1.00	Director	$0	$0	$0
KAYLA DREYER	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL FERRUFINO	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTOPHER FESTOG	TRUSTEE	1.00	Director	$0	$0	$0
BOB FRIEDLANDER	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT HASDAY	TRUSTEE (AS OF JAN)	1.00	Director	$0	$0	$0
GRETCHEN HOLLRAH	EX-OFFICIO TRUSTEE	1.00	Director	$0	$0	$0
VESNA JEVTOVIC-TODOROVIC	TRUSTEE	1.00	Director	$0	$0	$0
JOHN KARNS	TRUSTEE (AS OF APR)	1.00	Director	$0	$0	$0
DAVID MACLEOD	TRUSTEE (AS OF JAN)	1.00	Director	$0	$0	$0
LYNN MCDONALD	TRUSTEE	1.00	Director	$0	$0	$0
MIKE MCPHEE	TRUSTEE	1.00	Director	$0	$0	$0
BILL MYERS	TRUSTEE	1.00	Director	$0	$0	$0
BEN NELSON	TRUSTEE (AS OF APR)	1.00	Director	$0	$0	$0
SUSAN OAKES	TRUSTEE (AS OF AUG)	1.00	Director	$0	$0	$0
DEANA PERLMUTTER	TRUSTEE	1.00	Director	$0	$0	$0
MALIK ROBINSON	TRUSTEE	1.00	Director	$0	$0	$0
ALAN STEIN	TRUSTEE (AS OF APR)	1.00	Director	$0	$0	$0
LORENZO TRUJILLO	TRUSTEE	1.00	Director	$0	$0	$0
KELLY WALTRIP	EX-OFFICIO TRUSTEE	1.00	Director	$0	$0	$0
SETH WEISBERG	TRUSTEE	1.00	Director	$0	$0	$0
MIKE ZOELLNER	TRUSTEE	1.00	Director	$0	$0	$0
JEROME KERN- EMERITUS	CO CHAIR (THRU DEC '24)	1.00	Director	$0	$0	$0
MARY ROSSICK-KERN	EMERITUS CO CHAIR	1.00	Director	$0	$0	$0
LEE YEINGST	EMERITUS TRUSTEE	1.00	Director	$0	$0	$0
DANIEL WACHTER- CO-VICE CHAIR	(AUG)/PRESIDENT & CEO (AS OF APR)	40.00	Officer Director	$0	$0	$0
MARK CANTRELL	PRESIDENT AND CEO (THRU APR '25)	40.00	Officer Director	$275,540	$40,000	$315,540
BEN STRAWN	TRUSTEE	1.00	Director	$0	$0	$0
BILL JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
LT SANDVIK	TRUSTEE	1.00	Director	$0	$0	$0
ANTHONY PIERCE	CHIEF ARTISTIC OFFICER	40.00	Officer	$165,525	$20,124	$185,649
COREEN MILLER	CFO/COO	40.00	Officer	$160,563	$17,117	$177,680
YUMI HWANG-WILLIAMS	CONCERT MASTER	40.00	Highest	$141,569	$28,817	$170,386
JUSTIN BARTELS	PRINCIPAL TRUMPET	40.00	Highest	$109,179	$32,417	$141,596
PETER COOPER	PRINCIPAL OBOE	40.00	Highest	$114,700	$2,317	$117,017
STEVE HEARN	ACTING PRINCIPAL TIMPANI	40.00	Highest	$102,639	$14,487	$117,126
MICHAEL THORNTON	PRINCIPAL HORN	40.00	Highest	$103,772	$12,289	$116,061

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	$20,617,106	$20,552,990	$17,151,382	$64,116
2024	$19,354,090	$18,575,137	$16,180,250	$778,953
2023	$19,425,797	$17,904,576	$14,557,882	$1,521,221
2022	$18,715,868	$17,360,996	$12,961,781	$1,354,872
2021	$11,468,326	$8,752,214	$12,890,056	$2,716,112
2020	$13,309,204	$13,349,884	$9,002,026	$-40,680
2019	$14,562,416	$14,407,985	$7,826,090	$154,431