Salt Lake Symphony Orchestra Inc (EIN 870322153) - 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

2006

Legal Domicile

Principal Officer

Sean Raleigh

Phone

8015034453

Tax Period

2021-07-01 to 2022-06-30

Salt Lake Symphony Orchestra Inc, founded in 2006, is a micro nonprofit that reported $78K in total revenue in fiscal year 2021. Revenue decreased 7% compared to the prior year. Expenses of $88K exceeded revenue, resulting in a 13% operating deficit.

Mission

The Salt Lake Symphony strives to be the areas best community orhcestra. We perform music concerts, provide musical education and opportunities for Utah performers, conductors and composers to display their talents.

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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 (2021)

Revenue Breakdown

Contributions & Grants $63,365

Program Service Revenue $7,284

Investment Income $7,036

Other Revenue $0

TOTAL REVENUE $77,685

Expense Breakdown

Grants Paid $4,150

Salaries & Benefits $36,773

Fundraising Expenses $0

Program Expenses $76,411

Other Expenses $46,881

TOTAL EXPENSES $87,804

Year-over-Year Comparison

	2021	2020	Change
Revenue	$77,685	$83,685	-0.1%
Expenses	$87,804	$64,860	+0.4%
Net Income	$-10,119	$18,825	-1.5%

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

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

$8,400

Total Directors

$14,160

Key Employees

$20,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Baldwin	Music Director	015.00	Key Emp Highest	$20,000	$0	$20,000
Marty McMillan	General Manager	015.00	Officer Director	$8,400	$0	$8,400
Mary Anne Peterson	Librarian	015.00	Director	$5,760	$0	$5,760
Richard Fox	Chairman	005.00	Officer Director	$0	$0	$0
Charlotte Bell	Marketing	005.00	Director	$0	$0	$0
Hilary Coon	Grants	005.00	Director	$0	$0	$0
Marian Florence	Secretary, Grants	005.00	Officer Director	$0	$0	$0
Sean Raleigh	Treasurer	015.00	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	$77,685	$87,804	$153,255	$-10,119
2021	$83,685	$64,860	$178,757	$18,825
2020	$98,115	$71,307	$161,058	$26,808
2019	$106,849	$97,848	$132,502	$9,001

Salt Lake Symphony Orchestra Inc