SEATTLE SYMPHONY ORCHESTRA INC

EIN: 910667412 501(c)(3) Arts, Culture & Humanities

SEATTLE, WA

Total Revenue
$31,140,199
Total Expenses
$37,349,839
Total Assets
$19,047,917
Net Assets
$4,260,110
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1903
Legal Domicile
WA
Principal Officer
MARIA YANG
Phone
2062154700
Tax Period
2023-09-01 to 2024-08-31

SEATTLE SYMPHONY ORCHESTRA INC, founded in 1903, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $31.1M in total revenue in fiscal year 2023. Expenses of $37.3M exceeded revenue, resulting in a 20% operating deficit.

Mission

SEATTLE SYMPHONY UNLEASHES THE POWER OF MUSIC, BRINGS PEOPLE TOGETHER, & LIFTS THE HUMAN SPIRIT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $14,686,037
Program Service Revenue $16,191,212
Investment Income $218,173
Other Revenue $44,777
TOTAL REVENUE $31,140,199

Expense Breakdown

Grants Paid $350,004
Salaries & Benefits $29,074,116
Fundraising Expenses $2,486,661
Program Expenses $29,620,397
Other Expenses $7,925,719
TOTAL EXPENSES $37,349,839

Year-over-Year Comparison

2023 2022 Change
Revenue $31,140,199 $31,257,219 0.0%
Expenses $37,349,839 $34,393,963 +0.1%
Net Income $-6,209,640 $-3,136,744 +1.0%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
39
Independent Members
39
Employees
627
Volunteers
432

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
9
$871,199
Total Directors
41
$0
Key Employees
5
$1,103,221
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JON ROSEN CHAIR 2.00
Officer Director
$0 $0 $0
DIENA MANN VICE CHAIR, EQUITY 2.00
Officer Director
$0 $0 $0
JOE DAVY VICE CHAIR, AUDIENCES 2.00
Officer Director
$0 $0 $0
DICK PAUL VICE CHAIR, GOVERNANCE 2.00
Officer Director
$0 $0 $0
SUSAN COUGHLIN VICE CHAIR, DEVELOPMENT 2.00
Officer Director
$0 $0 $0
SUSAN JOHANNSEN SECRETARY 2.00
Officer Director
$0 $0 $0
YUKA SHIMIZU TREASURER, VICE CHAIR, FINANCE 2.00
Officer Director
$0 $0 $0
SUSAN AMINI DIRECTOR 2.00
Director
$0 $0 $0
SUE BUSKE DIRECTOR 2.00
Director
$0 $0 $0
LESLIE CHIHULY DIRECTOR 2.00
Director
$0 $0 $0
SAM CHO DIRECTOR 2.00
Director
$0 $0 $0
SUSAN DETWEILER DIRECTOR 2.00
Director
$0 $0 $0
REBECCA EBSWORTH DIRECTOR 2.00
Director
$0 $0 $0
JERRY FARLEY DIRECTOR 2.00
Director
$0 $0 $0
JUDITH FONG DIRECTOR 2.00
Director
$0 $0 $0
MIMI GATES DIRECTOR 2.00
Director
$0 $0 $0
MAURICIO GONZALEZ DE LA FUENTE DIRECTOR THRU 02/24 2.00
Director
$0 $0 $0
LYN GRINSTEIN DIRECTOR 2.00
Director
$0 $0 $0
SHAWN HARMON DIRECTOR THRU 04/24 2.00
Director
$0 $0 $0
JEAN-FRANCOIS HEITZ DIRECTOR 2.00
Director
$0 $0 $0
PARUL HOULAHAN DIRECTOR 2.00
Director
$0 $0 $0
DANAE HOWE DIRECTOR 2.00
Director
$0 $0 $0
DOUGLAS JACKSON DIRECTOR 2.00
Director
$0 $0 $0
NADER KABBANI DIRECTOR 2.00
Director
$0 $0 $0
SWIL KANIM DIRECTOR 2.00
Director
$0 $0 $0
PAUL LEACH DIRECTOR 2.00
Director
$0 $0 $0
CHERYL LEE DIRECTOR 2.00
Director
$0 $0 $0
IKE LEE DIRECTOR 2.00
Director
$0 $0 $0
DOROTHY LI DIRECTOR 2.00
Director
$0 $0 $0
KJRISTINE R LUND DIRECTOR 2.00
Director
$0 $0 $0
BRIAN J MARKS DIRECTOR 2.00
Director
$0 $0 $0
BEN MARTZ DIRECTOR 2.00
Director
$0 $0 $0
BILL MCALEER DIRECTOR 2.00
Director
$0 $0 $0
MARSHAL MCREAL DIRECTOR 2.00
Director
$0 $0 $0
HISAYO NAKAJIMA DIRECTOR 2.00
Director
$0 $0 $0
NANCY NERAAS DIRECTOR 2.00
Director
$0 $0 $0
ELISABETH SANDLER DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL SLONSKI DIRECTOR 2.00
Director
$0 $0 $0
LYLE SNYDER DIRECTOR 2.00
Director
$0 $0 $0
JOAN WANG DIRECTOR 2.00
Director
$0 $0 $0
STEPHEN WHYTE DIRECTOR 2.00
Director
$0 $0 $0
KRISHNA THIAGARAJAN PRESIDENT & CEO 34.00
Officer
$507,666 $47,922 $555,588
CHERONNE WONG CFO & BENAROYA HALL COO 29.00
Officer
$277,672 $37,939 $315,611
MARIA YANG VP DEVELOPMENT 33.00
Key Emp
$277,996 $40,654 $318,650
JENNIFER ADAIR VP & GENERAL MANAGER 34.00
Key Emp
$189,529 $30,234 $219,763
CHRISTINE WOOD VP OF MARKETING & COMMUNICATIONS 34.00
Key Emp
$167,935 $12,328 $180,263
RAFF WILSON VP ARTISTIC PLANNING 34.00
Key Emp
$172,976 $27,421 $200,397
PAUL JOHNSON VP OF PEOPLE & CULTURE 34.00
Key Emp
$162,610 $21,538 $184,148
NOAH GELLER CONCERTMASTER 40.00
Highest
$301,679 $30,686 $332,365
AARON T GORSETH STAGE CREW LEAD 40.00
Highest
$171,797 $27,613 $199,410
EFE I BALTACIGIL MUSICIAN 40.00
Highest
$168,375 $11,636 $180,011
ROBERT J WISEMAN SR. DIRECTOR OF INDIVIDUAL GIVING 35.00
Highest
$167,329 $21,016 $188,345
HYERIN KIM MUSICIAN 40.00
Highest
$164,735 $42,208 $206,943
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 $31,140,199 $37,349,839 $19,047,917 $-6,209,640
2023 $31,257,219 $34,393,963 $19,008,837 $-3,136,744
2022 $27,955,149 $29,961,061 $21,537,269 $-2,005,912
2021 $30,176,576 $18,384,431 $25,684,308 $11,792,145
2020 $30,239,580 $28,858,298 $18,857,224 $1,381,282
2019 $33,435,338 $33,247,562 $22,721,036 $187,776
2018 $32,523,849 $31,509,824 $27,164,981 $1,014,025
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