Charity Search / ALBANY SYMPHONY ORCHESTRA INC
Arts, Culture & Humanities (A690) IRS Verified DX Registered 990 on File

ALBANY SYMPHONY ORCHESTRA INC

EIN: 14-6013010 · ALBANY, NY 12207-2211 · United States · FY 2023 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 61/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2023
$2.5M
Total Revenue
$3.1M
Total Expenses
$10.0M
Net Assets
299
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 65.2%
Fundraising Efficiency 248.9%
Operating Reserve 38.08x
Liability-to-Asset 11.3%
Revenue Diversification 63.2%
Executive Compensation $219K
Compared with Peers
FY 2023
Compared with 4,647 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
65.2% 77.9%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
28.6% 14.6%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
6.1% 5.5%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
248.9% 251.0%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
38.1 mo 16.8 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
11.3% 10.7%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
63.2% 74.6%
P10P90
Above median
Revenue growth
Year over year revenue growth
-40.6% 3.5%
P10P90
Expense growth
Year over year expense growth
-7.6% 13.1%
P10P90
Surplus margin
Surplus as a share of revenue
-25.2% -0.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $2.5M $3.1M $10.0M 65.2% 299
2022 $4.2M $3.4M $9.5M 68.1% 325
2021 $2.3M $1.8M N/A 333
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Organization Details
EIN
14-6013010
State
NY
City
ALBANY
ZIP
12207-2211
Classification
A690
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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