Civic Intelligence

Schenectady Symphony Orchestra Association Inc.

EIN 23-7213129 • 501(c)3 • Schenectady, NY

Pub. 78 Eligible

Profile

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.

432 State StreetSchenectady, NY 12305-2391

www.sssony.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.08x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.49x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

14th percentile

-51%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

57th percentile

1.7%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

89th percentile

76%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$70,440

Down $37,683 (-35%) from 2023

Liabilities

Up

$75,993

Up $35,021 (+85%) from 2023

Net Assets

Down

-$5,553

Down $72,704 (-108%) from 2023

Revenue

Down

$156,523

Down $33,374 (-18%) from 2023

Expenses

Up

$236,524

Up $55,416 (+31%) from 2023

Net Income

Down

-$80,001

Down $88,790 (-1010%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2020: $140,982Net Assets 2020: $140,9822020Assets 2021: $134,201Net Assets 2021: $134,2012021Assets 2022: $68,122Liabilities 2022: $12,250Net Assets 2022: $55,8722022Assets 2023: $108,123Liabilities 2023: $40,972Net Assets 2023: $67,1512023Assets 2024: $70,440Liabilities 2024: $75,993Net Assets 2024: -$5,5532024

Highlighted filing

2024

Assets$70,440
Liabilities$75,993
Net Assets-$5,553

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2020: $89,565Expenses 2020: $107,478Net Income 2020: -$17,9132020Revenue 2021: $64,363Expenses 2021: $81,273Net Income 2021: -$16,9102021Revenue 2022: $50,249Expenses 2022: $53,667Net Income 2022: -$3,4182022Revenue 2023: $189,897Expenses 2023: $181,108Net Income 2023: $8,7892023Revenue 2024: $156,523Expenses 2024: $236,524Net Income 2024: -$80,0012024

Highlighted filing

2024

Revenue$156,523
Expenses$236,524
Net Income-$80,001

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$156,523
Mission and Program 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.

Program Services

DescriptionGrantsExpenses
FOR THE 2024 CONCERT SEASON, THE ORCHESTRA PROVIDED CLASSICAL MUSIC CONCERTS, SPECIAL EVENTS AND NUMEROUS MENTORING, COMPETITION, AND EDUCATIONAL EVENTS.$0$232,059
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT BOURPresident-$0--
SUSAN SCHULTZRecording Sec.-$0--
MILIVOJ BRUNTreasurer-$0--
MASAKO YAMADAVP Musical Ops.-$0--
MARGARET LEVINECorspd Secrty-$0--
JOAN FLANAGANDirector-$0--
JANET HUTCHISONDirector-$0--
MARGARET KINGDirector-$0--
RHODA LUBORSKYDirector-$0--
MISHKA LUFTDirector-$0--
BENJAMIN POMERANCEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Schenectady Symphony Orchestra
EIN
23-7213129
Phone
5183823884
Address
432 STATE STREET, SCHENECTADY, NY 12305-2391

Signing Officer

Name
Chris Musto
Title
CFO
Phone
5183823884
Signed
2025-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Rsm US Llp
Address
6 S PATTERSON BLVD, DAYTON, OH 45402
Preparer
Karen O Crim
Phone
9372980201
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 1,664.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising and promotion. Amount: 21,515. Description: office expenses. Amount: 5,366. Description: music licensing. Amount: 1,395. Description: license and fees. Amount: 2,005. Description: program licensing. Amount: 10,569. Total to form 990-ez, line 16: 40,850.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized gains. Amount: 7,297.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 31,464. End of year amount: 1,570. Description: prepaid expenses. Beg. Of year amount: 0. End of year amount: 11,492.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 40,972. End of year amount: 75,993.

Raw XML Appendix247 raw XML fields

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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1COLUMN (D) REFLECTS THE 7/1/2022 - 12/31/2022 SHORT YEAR PERIOD.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 1,664.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADVERTISING AND PROMOTION. AMOUNT: 21,515. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 5,366. DESCRIPTION: MUSIC LICENSING. AMOUNT: 1,395. DESCRIPTION: LICENSE AND FEES. AMOUNT: 2,005. DESCRIPTION: PROGRAM LICENSING. AMOUNT: 10,569. TOTAL TO FORM 990-EZ, LINE 16: 40,850.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: UNREALIZED GAINS. AMOUNT: 7,297.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 31,464. END OF YEAR AMOUNT: 1,570. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 11,492.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 40,972. END OF YEAR AMOUNT: 75,993.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KAREN O CRIM
ReturnHeader/ReturnTs02025-11-17T09:03:13-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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