Hudson Festival Orchestra

Nonprofit profile at a glance

EIN
841895138
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025, Form 990-N 2021
Location
Hudson, NY, USA
Phone
5189653445
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Symphony Orchestras

Official website

Reported finances

Revenue
$168,155
Expenses
$157,535
Assets
$15,887
Liabilities
$11,117

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • JAY NEUSCHATZ (VICE PRESIDENT)
  • MICHAEL HOFFMAN (PRESIDENT)

People named in this filing

  • GEWN GOULD (ARTISTIC DIRECTOR)
  • DAVID BANOCSI-RUOF (CO-ARTISTIC DIRECTOR)
  • JAY NEUSCHATZ (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Hudson festival orchestra, a professional orchestra, formed in 2019 and based in the city of hudson, ny presents an annual concert for full orchestra on the hudson waterfront. Called "hudson in concert: a community celebration", it is free and open to the public. Believing that music and culture can bridge divides and build community, hfo brings diverse are residents together through live musical celebration of our shared american and diverse cultural heritages.

What it reported doing in 2025

In september 2025 our fourth annual "hudson in concert: a community celebration" was held offering free-to-the-public performances of music and dance on the hudson riverfront. A "community sing" hosted at the city of hudson's "winter walk" was also part of the annual program.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 40
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.7%; rating input score 39
  • Program expense ratio: 41.4%; rating input score 41

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 6.3%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0.7; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 36.4%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 9.6% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 20.5% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 49.5% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 38.7% of revenue deployed · 41.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $65K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 41/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.