Resonance Vocal Ensemble

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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

2009

Legal Domicile

Principal Officer

Elizabeth Brownson

Phone

9712128034

Tax Period

2024-07-01 to 2025-06-30

Resonance Vocal Ensemble, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $279K in total revenue in fiscal year 2024. Expenses of $266K left a modest 5% surplus.

Mission

Resonance Vocal Ensemble a professional vocal ensemble performs powerful concerts promoting meaningful social change.The performances intentionally address themes highlighting diverse solo and choral voices new and underrepresentedcomposers visual and other performing arts and community partners. Resonance seeks to reflect the times through the concertssharing many perspectives and often collaborates with local organizations.

Program Service Accomplishments

Program 1

Expenses: $245,584 Revenue: $0

--Various concerts and performances for social change were performed during the year: --Blacknificent 7 Concert - A concert showcasing seven of todays leading black composers --Resonance Nova Program - Resonance and Orchestra Nova Northwest presented a program of three groundbreaking works advocating for global change --Choir GRRL - A concert with three trailblazing artists celebrating the power of women in music --Portland Public Schools Latinx Choir Project - A collaboration with the Latinx Choir Project --Vanport Mosaic Festival - Resonance and Vanport Mosaic performed We Are Still Here an immersive site-specific performance.

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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 (2024)

Revenue Breakdown

Contributions & Grants $236,306

Program Service Revenue $43,091

Investment Income $7

Other Revenue $0

TOTAL REVENUE $279,404

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,305

Fundraising Expenses $2,575

Program Expenses $245,584

Other Expenses $220,595

TOTAL EXPENSES $265,900

Year-over-Year Comparison

	2024	2023	Change
Revenue	$279,404	$285,501	0.0%
Expenses	$265,900	$296,071	-0.1%
Net Income	$13,504	$-10,570	-2.3%

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

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

$12,003

Total Directors

$13,223

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shohei Kobayashi	Secretary	5.00	Officer Director	$11,063	$0	$11,063
Nancy Ives	Member	2.00	Director	$1,220	$0	$1,220
Stacey Philipps	Chair	2.00	Officer Director	$940	$0	$940
Katherine FitzGibbon	President	2.00	Officer Director	$0	$0	$0
Elizabeth Brownson	Treasurer	20.00	Officer Director	$0	$0	$0
Sydney Guillame	Member	10.00	Director	$0	$0	$0
A Mimi Sei	member	2.00	Director	$0	$0	$0
Derrick McDuffey	Member	2.00	Director	$0	$0	$0
Freddy Vilches	Member	2.00	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
2025	$279,404	$265,900	$34,815	$13,504
2024	$285,501	$296,071	$4,022	$-10,570