AArts, Culture & HumanitiesEIN: 546024033· Ruling Year: 1960

Richmond Symphony

Richmond, Virginia

B-Health Score
49B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.06×
Peer Median210.95×
💰
$7.5M
Total Revenue
📊
$8.4M
Total Expenses
🏦
-$530K
Net Assets
📋
$2.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-10.2%
Year-over-year change (2022 → 2023)
Net Margin
-11.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.06
Net assets divided by total expenses
Liabilities-to-Assets
136.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,522,95010%$8,412,92213%$1,442,52940%
2022$8,372,94524%$7,420,90710%$2,392,82670%
2021$6,771,00119%$6,731,2785%$1,403,81542%
2020$5,705,87513%$6,433,7921%$2,416,9876%
2019$6,594,34712%$6,514,7064%$2,278,3756%
2018$5,899,3625%$6,249,0059%$2,144,33925%
2017$6,224,09911%$5,714,7963%$1,718,81120%
2016$5,624,6931%$5,530,6278%$1,431,316124%
2015$5,575,68914%$5,127,05210%$638,82712%
2014$4,901,8426%$4,646,8312%$723,0376%
2013$4,606,6033%$4,559,0058%$682,10624%
2012$4,725,3147%$4,962,4785%$892,79528%
2011$4,434,886$4,712,023$695,415

Frequently Asked Questions

What does Richmond Symphony do?

Richmond Symphony is a arts, culture & humanities nonprofit organization based in Virginia. It is classified under NTEE code A690 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Richmond Symphony financially healthy?

Based on our 9-metric Financial Health Score model, Richmond Symphony has a score of 49/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Richmond Symphony generate?

Richmond Symphony reports $9.3M in annual revenue and holds $1.6M in total assets, based on IRS filings.

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