Schenectady Symphony Orchestra Association Inc
Nonprofit profile at a glance
- EIN
- 237213129
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Schenectady, NY, USA
- Phone
- 5183823884
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $156,523
- Expenses
- $236,524
- Assets
- $70,440
- Liabilities
- $75,993
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- ROBERT BOUR (PRESIDENT)
People named in this filing
- ROBERT BOUR (PRESIDENT)
- SUSAN SCHULTZ (RECORDING SEC.)
- MILIVOJ BRUN (TREASURER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The orchestra was formed as a community orchestra, dedicated to providing live classical music for the cultural enhancement of the community and affording the opportunity for local musicians to play the great orchestral works.
What it reported doing in 2024
For the 2024 concert season, the orchestra provided classical music concerts, special events and numerous mentoring, competition, and educational events.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 16
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.1%; rating input score 98
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: -51.1%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.3; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 1.08; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 18.6% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 19.2% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: -12.4% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $232K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.