Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
EIN 13-3168350 • 501(c)3 • New York, NY
Profile
To develop, promote and increase interest in classical and contemporary music and composers.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 12.2% of source-year revenue.
Asset Growth
85th percentile
Faster asset growth than 85% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Assets
Up$102,470
Up $33,613 (+49%) from 2023
Liabilities
Up$86,470
Up $51,793 (+149%) from 2023
Net Assets
Down$16,000
Down $18,180 (-53%) from 2023
Revenue
Up$633,848
Up $287,118 (+83%) from 2023
Expenses
Down$436,905
Down $130,333 (-23%) from 2023
Net Income
Up$196,943
Up $417,451 (+189%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To develop, promote and increaase interest in classical and contemporary music and composers.
To develop, promote and increase in interest in classical and contemporary music and composers.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Prepaid Expenses and Deferred Charges | $21,914 | $40,646 | ▲ $18,732 |
| Cash and Non-Interest-Bearing Accounts | $30,996 | $2,873 | ▼ $28,123 |
| Pledges and Grants Receivable | $15,947 | $-237 | ▼ $16,184 |
| Total Assets | $68,857 | $102,470 | ▲ $33,613 |
| Other Assets Total | - | $59,188 | - |
| Liabilities | |||
| Other Liabilities | $21,914 | $82,876 | ▲ $60,962 |
| Accounts Payable and Accrued Expenses | $12,763 | $3,594 | ▼ $9,169 |
| Total Liabilities | $34,677 | $86,470 | ▲ $51,793 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $14,000 | $14,000 | → $0 |
| Net Assets Without Donor Restrictions | $20,180 | $2,000 | ▼ $18,180 |
| Total Net Assets Fund Balance | $34,180 | $16,000 | ▼ $18,180 |
| Total Liabilities and Net Assets / Fund Balance | $68,857 | $102,470 | ▲ $33,613 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $59,188 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Anthony Korf | President/di | FT | $77,533 | $77,533 |
| Name | Title |
|---|---|
| Michael C Nardo | Chairman |
| Edwar L Schiff | Vice Chairma |
| George Rothman | Director |
| Helen Forster | Director |
| JOSEPH D' AMBROSIO | Director |
| Judith Thorn | Director |
| Lisa Tormino | Director |
| Rex L Niswander | Director |
| Sandy Rippe | Director |
| Lynn Spurgat | Secretary |
| Phillip Y Zhang | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $308,719 |
| Other Expenses | $128,186 |
| Total Fundraising Expense | $74,053 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $139,438 | $69,719 | $69,719 | $278,876 |
| Other Employee Benefits | $29,843 | - | - | $29,843 |
| Occupancy | - | $23,400 | - | $23,400 |
| Office Expenses | $7,790 | $3,643 | $3,643 | $15,076 |
| All Other Expenses | $3,638 | $5,210 | $691 | $9,539 |
| Other Expenses | $5,750 | $3,166 | - | $5,750 |
| Fees for Services Other | $1,367 | - | - | $1,367 |
| Total Functional Expenses | $257,714 | $105,138 | $74,053 | $436,905 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Other Liability | $82,876 |
“No review was or will be conducted.”
“No documents available to the public”
“Form 990, part iii, line 4b, program accomplishments: orchestra" video series as a supplemental resource for our music memory teachers. The videos feature the orchestra's principal musicians explaining their instruments and discussing their lives as muscicians. Aided by a generous selection of musical examples. From 990. Part vi, section b, line 11b: the symphonys board memebers and chairman each review the 990 prior to filing. Form 990, part vi, section b, line 15: director and staff compensation is reviewed by the finance committee and approved by the board during the budget process. Form 990, part vi, section c, line 19: the symphony makes its governing documents, conflict of interest policy, and financial statements available to the public by keeping copies at its offices. It will provide those documents on request to any member of the publc who asks for them. Form 990, part xii, line 2c: the board of trustees assumes responsibility for the oversight of the review and the selection of the accountant. The process has not changed from the prior year.”
“Music memory fourteen schools, representing thousands of nyc public school studebts, enrolled in riverside symphony's music memory program. The workshops center around the exploration of mm curriculum and its suggested timeline, meaning each workshop comprises a presentation and discussion of upcoming content. Workshops are run in the socratic style, with open dialouge between teachers and malone, evaluating the benefits of various teaching methods and the most effective strategies for implementing mm lessons.”
“TO HAVE CONCERTS.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 691 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 5210 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 3638 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 9539 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 2873 |
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| IRS990/CYTotalExpensesAmt | 0 | 436905 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 74053 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
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| IRS990/Desc | 0 | CONCERTS PERFORMED DURING THE YEAR. |
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| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 14000 |
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| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 10 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
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| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1367 |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SANDY RIPPE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | GEORGE ROTHMAN |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JUDITH THORN |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | VICE CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TREASURER |
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| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 12 |
| IRS990/GovernmentGrantsAmt | 0 | 25555 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 633848 |
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| IRS990/MissionDesc | 0 | TO DEVELOP, PROMOTE AND INCREAASE INTEREST IN CLASSICAL AND CONTEMPORARY MUSIC AND COMPOSERS. |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 16000 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2000 |
| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OccupancyGrp/TotalAmt | 0 | 23400 |
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| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3643 |
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| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 15076 |
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| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 29843 |
| IRS990/OtherExpensesGrp/Desc | 0 | SPACE RENTAL |
| IRS990/OtherExpensesGrp/Desc | 1 | INSURANCE |
| IRS990/OtherExpensesGrp/Desc | 2 | INSTRUMENT RENTAL |
| IRS990/OtherExpensesGrp/Desc | 3 | OUTSIDE SERVICES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3166 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 56377 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 6728 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 6783 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 5750 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 56377 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 9894 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 6783 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 5750 |
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| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 82876 |
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| IRS990/PartialLiquidationInd | 0 | false |
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| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | -237 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 40646 |
| IRS990/PrincipalOfficerNm | 0 | ANTHONY KORF |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 932 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ADMISSION TO EVENTS |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 27482 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | MUSIC MEMORY FOURTEEN SCHOOLS, REPRESENTING THOUSANDS OF NYC PUBLIC SCHOOL STUDEBTS, ENROLLED IN RIVERSIDE SYMPHONY'S MUSIC MEMORY PROGRAM. THE WORKSHOPS CENTER AROUND THE EXPLORATION OF MM CURRICULUM AND ITS SUGGESTED TIMELINE, MEANING EACH WORKSHOP COMPRISES A PRESENTATION AND DISCUSSION OF UPCOMING CONTENT. WORKSHOPS ARE RUN IN THE SOCRATIC STYLE, WITH OPEN DIALOUGE BETWEEN TEACHERS AND MALONE, EVALUATING THE BENEFITS OF VARIOUS TEACHING METHODS AND THE MOST EFFECTIVE STRATEGIES FOR IMPLEMENTING MM LESSONS. |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | TO HAVE CONCERTS. |
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| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 197404 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 13762 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -220508 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 369834 |
| IRS990/PYTotalExpensesAmt | 0 | 567238 |
| IRS990/PYTotalRevenueAmt | 0 | 346730 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 196943 |
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| IRS990/ReportOtherAssetsInd | 0 | true |
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| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990, PART III, LINE 4B, PROGRAM ACCOMPLISHMENTS: ORCHESTRA" VIDEO SERIES AS A SUPPLEMENTAL RESOURCE FOR OUR MUSIC MEMORY TEACHERS. THE VIDEOS FEATURE THE ORCHESTRA'S PRINCIPAL MUSICIANS EXPLAINING THEIR INSTRUMENTS AND DISCUSSING THEIR LIVES AS MUSCICIANS. AIDED BY A GENEROUS SELECTION OF MUSICAL EXAMPLES. FROM 990. PART VI, SECTION B, LINE 11B: THE SYMPHONYS BOARD MEMEBERS AND CHAIRMAN EACH REVIEW THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15: DIRECTOR AND STAFF COMPENSATION IS REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD DURING THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19: THE SYMPHONY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY KEEPING COPIES AT ITS OFFICES. IT WILL PROVIDE THOSE DOCUMENTS ON REQUEST TO ANY MEMBER OF THE PUBLC WHO ASKS FOR THEM. FORM 990, PART XII, LINE 2C: THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE REVIEW AND THE SELECTION OF THE ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MUSIC MEMORY FOURTEEN SCHOOLS, REPRESENTING THOUSANDS OF NYC PUBLIC SCHOOL STUDEBTS, ENROLLED IN RIVERSIDE SYMPHONY'S MUSIC MEMORY PROGRAM. THE WORKSHOPS CENTER AROUND THE EXPLORATION OF MM CURRICULUM AND ITS SUGGESTED TIMELINE, MEANING EACH WORKSHOP COMPRISES A PRESENTATION AND DISCUSSION OF UPCOMING CONTENT. WORKSHOPS ARE RUN IN THE SOCRATIC STYLE, WITH OPEN DIALOUGE BETWEEN TEACHERS AND MALONE, EVALUATING THE BENEFITS OF VARIOUS TEACHING METHODS AND THE MOST EFFECTIVE STRATEGIES FOR IMPLEMENTING MM LESSONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO HAVE CONCERTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ANTHONY KORF |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RIVERSIDE SYMPHONY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RIVE |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 823606238 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MICHAEL M ARONS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 33 DANCY DRIVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | STAMFORD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 069021405 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2032533605 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL M ARONS |
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| ReturnHeader/ReturnTs | 0 | 2025-05-15T19:07:04-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
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| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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