Long Beach Symphony Association

EIN: 956004958 501(c)(3) Arts, Culture & Humanities

Long Beach, CA

Total Revenue
$3,582,640
Total Expenses
$3,477,794
Total Assets
$4,442,923
Net Assets
$3,000,125
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
CA
Principal Officer
ROGER GOULETTE
Phone
5624363203
Tax Period
2023-07-01 to 2024-06-30

Long Beach Symphony Association, founded in 1940, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.6M in total revenue in fiscal year 2023.

Mission

TO ENGAGE AUDIENCES OF ALL AGES THROUGH EXCEPTIONAL ORCHESTRAL PERFORMANCES, COMMUNITY PARTNERSHIPS AND MEANINGFUL EDUCATIONAL EXPERIENCES.

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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 $2,672,260
Program Service Revenue $887,296
Investment Income $23,084
Other Revenue $0
TOTAL REVENUE $3,582,640

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,883,122
Fundraising Expenses $428,276
Program Expenses $2,760,900
Other Expenses $1,594,672
TOTAL EXPENSES $3,477,794

Year-over-Year Comparison

2023 2022 Change
Revenue $3,582,640 $3,466,345 +0.0%
Expenses $3,477,794 $3,608,610 0.0%
Net Income $104,846 $-142,265 -1.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
29
Independent Members
25
Employees
255
Volunteers
164

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
6
$322,858
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kelly Ruggirello PRESIDENT 40.0
Officer
$192,396 $19,345 $211,741
Eckart Preu MUSIC DIRECTOR 20.0
Highest
$112,509 $0 $112,509
Samuel Balimbin VICE PRESIDENT OF FINANCE 40.0
Officer
$96,425 $14,692 $111,117
Roger Goulette Chairman 1.0
Officer Director
$0 $0 $0
Sandor Mayuga Vice -Chairman 1.0
Officer Director
$0 $0 $0
David Hancock Treasurer 1.0
Officer Director
$0 $0 $0
Nanette M Salley Secretary 1.0
Officer Director
$0 $0 $0
Rob Bellevue Board Member 1.0
Director
$0 $0 $0
Barbara Blackwell Board Member 1.0
Director
$0 $0 $0
John Blumberg Board Member 1.0
Director
$0 $0 $0
Becky Cool Board Member 1.0
Director
$0 $0 $0
John Di Carlo Board Member 1.0
Director
$0 $0 $0
Cindy Costello Board Member 1.0
Director
$0 $0 $0
Charlotte Ginsburg Board Member 1.0
Director
$0 $0 $0
Mark Guillen Board Member 1.0
Director
$0 $0 $0
Tyler Leshney Board Member 1.0
Director
$0 $0 $0
Margie Masterson Board Member 1.0
Director
$0 $0 $0
Paulette Matson Board Member 1.0
Director
$0 $0 $0
Henry Matson Board Member 1.0
Director
$0 $0 $0
Sean Miller Board Member 1.0
Director
$0 $0 $0
Christopher Pinckney Board Member 1.0
Director
$0 $0 $0
Lyn Pohlmann Board Member 1.0
Director
$0 $0 $0
Barbara Richards Board Member 1.0
Director
$0 $0 $0
Judy Ross Board Member EFF. 04/2024 1.0
Director
$0 $0 $0
Anna Salusky Board Member 1.0
Director
$0 $0 $0
Lee Shoag Board Member 1.0
Director
$0 $0 $0
Margaret Smith Board Member 1.0
Director
$0 $0 $0
Brissa Sotelo-Vargas Board Member 1.0
Director
$0 $0 $0
W Henry Walker Board Member 1.0
Director
$0 $0 $0
Keyla Whitenhill Board Member 1.0
Director
$0 $0 $0
Sharon Weissman Board Member EFF. 06/2024 1.0
Director
$0 $0 $0
Susan Wise Board Member 1.0
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 No data No data No data No data
2024 $3,582,640 $3,477,794 $4,442,923 $104,846
2023 $3,466,345 $3,608,610 $4,085,166 $-142,265
2022 $3,620,789 $3,317,607 $3,968,321 $303,182
2021 $1,867,590 $1,349,076 $4,446,214 $518,514
2021 $1,912,042 $1,350,036 $4,491,364 $562,006
2020 $1,989,379 $2,509,179 $3,419,433 $-519,800
2019 $2,925,320 $3,074,847 $2,868,980 $-149,527
2018 $2,857,810 $2,964,910 $2,709,078 $-107,100
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