San Francisco Boys Chorus

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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

1949

Legal Domicile

Principal Officer

Robert Howard

Phone

4158617464

Tax Period

2024-09-01 to 2025-08-31

San Francisco Boys Chorus, founded in 1949, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 4% surplus.

Mission

The mission of the San Francisco Boys Chorus is to provide music education, vocal training, and performance experience at the highest artistic level to boys from all cultural, ethnic, and economic backgrounds.

Program Service Accomplishments

Program 1

Expenses: $620,172 Revenue: $477,393

Music and vocal coaching to approximately 170 choristers via after-school rehearsals and local performances.

Program 2

Expenses: $474,005 Revenue: $483,765

Public performances during international tours by choristers; summer camps providing music and vocal instruction to choristers

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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 $428,688

Program Service Revenue $961,158

Investment Income $128,436

Other Revenue $-49,843

TOTAL REVENUE $1,468,439

Expense Breakdown

Grants Paid $136,004

Salaries & Benefits $420,268

Fundraising Expenses $78,285

Program Expenses $1,094,177

Other Expenses $813,366

TOTAL EXPENSES $1,405,821

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,468,439	$1,197,826	+0.2%
Expenses	$1,405,821	$1,557,506	-0.1%
Net Income	$62,618	$-359,680	-1.2%

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

$76,851

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Howard	President	10.00	Officer Director	$0	$0	$0
Christine Weicher	Vice-President	10.00	Officer Director	$0	$0	$0
Josefina Leong	Treasurer	2.00	Officer Director	$0	$0	$0
Gary Jones	Board Member	1.00	Director	$0	$0	$0
Anna Logvinova MD	Board Member	1.00	Director	$0	$0	$0
Geoffrey Quinn MD	Board Member	1.00	Director	$0	$0	$0
Lisa Semeraro	Board Member	1.00	Director	$0	$0	$0
Kate Threlfall	Parent Representative	1.00	Director	$0	$0	$0
Ian Robertson	Artistic Director	35.00	Officer	$76,851	$0	$76,851

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	$1,468,439	$1,405,821	$1,429,753	$62,618
2024	No data	No data	No data	No data
2023	$1,238,238	$1,290,793	$1,670,421	$-52,555
2022	$982,288	$1,038,434	$1,430,748	$-56,146
2021	$1,262,867	$738,637	$1,531,453	$524,230
2020	$860,584	$766,921	$1,073,063	$93,663
2019	$1,112,622	$1,104,000	$929,250	$8,622
2018	$1,000,197	$1,066,266	$916,061	$-66,069