CASCADE SYMPHONY ORCHESTRA INC

EIN: 912072869 501(c)(3) Arts, Culture & Humanities

EDMONDS, WA

Total Revenue
$218,574
Total Expenses
$287,223
Total Assets
$495,146
Net Assets
$493,904
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
WA
Principal Officer
Ruth McFadden
Phone
2066797433
Tax Period
2024-07-01 to 2025-06-30

CASCADE SYMPHONY ORCHESTRA INC, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $219K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $287K exceeded revenue, resulting in a 31% operating deficit.

Mission

Cascade Symphony Orchestra exists to nourish its musicians and the community by providing inspiring performances of outstanding music, educational outreach to children, opportunities for young musicians to play with the Orchestra, college scholarships for high school musicians and tuition assistance for summer music school.

Program Service Accomplishments

Program 1
Expenses: $126,986 Revenue: $55,998

Cascade Symphony provides a series of high-quality music concerts for the public. The concerts are high-energy, engaging, and affordable and regularly attract a large and supportive crowd of...

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Cascade Symphony provides a series of high-quality music concerts for the public. The concerts are high-energy, engaging, and affordable and regularly attract a large and supportive crowd of community members. Each concert has a capacity of 700 attendees, and in non-Covid seasons, regularly are sold out. Cascade Symphony concerts feature an educational pre-concert lecture, a performance by a well-regarded soloist or soloists, and a post-concert reception.

Program 2
Expenses: $36,189 Revenue: $0

Provides opportunities for more than 80 volunteer, amateur musicians to rehearse together in a nurturing, supportive environment. Cascade Symphony Orchestra provides its musicians the opportunity to...

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Provides opportunities for more than 80 volunteer, amateur musicians to rehearse together in a nurturing, supportive environment. Cascade Symphony Orchestra provides its musicians the opportunity to continually develop and deepen their musicianship while preparing and presenting inspiring concerts of outstanding music.

Program 3
Expenses: $22,598 Revenue: $4,775

Cascade Symphony Orchestra provides educational outreach to youth and support for young musicians. An annual Children's Concert with music specifically tailored for young children is presented. The...

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Cascade Symphony Orchestra provides educational outreach to youth and support for young musicians. An annual Children's Concert with music specifically tailored for young children is presented. The concert features a young Rising Star instrumental soloist(s) accompanied by the Orchestra. Included in the Children's Concert is the opportunity to learn about music in a fun teaching session featuring Cascade Symphony musicians. During Covid times the Children's Concert was offered online, available to all at no charge. Cascade Symphony also provides college scholarships to high school seniors intending to continue their musical studies in college.

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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 (2024)

Revenue Breakdown

Contributions & Grants $134,151
Program Service Revenue $66,148
Investment Income $18,275
Other Revenue $0
TOTAL REVENUE $218,574

Expense Breakdown

Grants Paid $10,500
Salaries & Benefits $117,969
Fundraising Expenses $44,323
Program Expenses $185,773
Other Expenses $158,754
TOTAL EXPENSES $287,223

Year-over-Year Comparison

2024 2023 Change
Revenue $218,574 $252,502 -0.1%
Expenses $287,223 $256,232 +0.1%
Net Income $-68,649 $-3,730 +17.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
1
Volunteers
100

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
4
$0
Total Directors
1
$38,581
Key Employees
1
$72,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edward Benyas Executive Director 40
Key Emp
$72,000 $0 $72,000
Michael Miropolsky Music Director 25
Director
$38,581 $0 $38,581
Heather Hoskins Treasurer 10
Officer
$0 $0 $0
Ruth McFadden President 15
Officer
$0 $0 $0
Holly Sullivan Vice-President 5
Officer
$0 $0 $0
Laura Heard Secretary 8.00
Officer
$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 $218,574 $287,223 $495,146 $-68,649
2024 $252,502 $256,232 $562,810 $-3,730
2023 $173,733 $169,510 $539,643 $4,223
2022 $134,419 $155,555 $517,795 $-21,136
2021 $119,119 $128,245 $583,096 $-9,126
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