Tulsa Symphony Orchestra Inc
Tulsa Symphony Orchestra faces recurring operational deficits despite strong revenue and asset base.
EIN: 203798077 · Tulsa, OK · NTEE: A69 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $3.2M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.8M |
| Transparency Score | 70/100 |
Is Tulsa Symphony Orchestra Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tulsa Symphony Orchestra Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tulsa Symphony Orchestra Inc
Tulsa Symphony Orchestra Inc (EIN: 203798077) is a nonprofit organization based in Tulsa, OK, classified under NTEE code A69. The organization reported total revenue of $2.7M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tulsa Symphony Orchestra Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tulsa Symphony Orchestra Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-489,752 |
| Total Assets | $2.2M |
| Total Liabilities | $385K |
| Net Assets | $1.8M |
| Operating Margin | -18.2% |
| Debt-to-Asset Ratio | 17.3% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2023, Tulsa Symphony Orchestra Inc reported a deficit of $490K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 17.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tulsa Symphony Orchestra Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.1% | +17.3% | -15.8% |
| 2022 | +32.0% | -0.9% | -15.2% |
| 2021 | -16.0% | +33.6% | -5.8% |
| 2020 | -27.0% | -19.6% | +18.1% |
| 2019 | +25.1% | -1.9% | +26.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tulsa Symphony Orchestra Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Tulsa Symphony Orchestra Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $490K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.3%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with over $2 million in annual revenue. This could indicate that executive compensation is either not paid, paid through a related entity, or reported under other expense categories, which reduces transparency regarding leadership remuneration.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Tulsa Symphony Orchestra Inc's IRS 990 filings:
- Consistent operational deficits in recent years (2021-2023), with expenses exceeding revenue.
- Unusual reporting of 0% officer compensation across all filings, potentially obscuring executive pay details.
- Decrease in total assets from $3,307,231 in 2020 to $2,225,251 in 2023, indicating asset utilization to cover deficits.
Strengths
The following positive indicators were identified for Tulsa Symphony Orchestra Inc:
- Strong program spending focus, indicating a commitment to its mission.
- Healthy asset-to-liability ratio, with assets significantly exceeding liabilities ($2,225,251 vs. $384,603 in 2023).
- Consistent revenue generation over $2 million annually, demonstrating strong donor and audience support.
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Frequently Asked Questions about Tulsa Symphony Orchestra Inc
Is Tulsa Symphony Orchestra Inc a legitimate charity?
Tulsa Symphony Orchestra Inc (EIN: 203798077) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.7M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Tulsa Symphony Orchestra Inc spend its money?
Tulsa Symphony Orchestra Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Tulsa Symphony Orchestra Inc tax-deductible?
Tulsa Symphony Orchestra Inc is registered as a tax-exempt nonprofit (EIN: 203798077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tulsa Symphony Orchestra Inc CEO make?
Tulsa Symphony Orchestra Inc's highest-compensated officer earns $2 annually. The organization reported $2.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tulsa Symphony Orchestra Inc's spending goes to programs?
Tulsa Symphony Orchestra Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tulsa Symphony Orchestra Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Tulsa Symphony Orchestra Inc is above average for NTEE category A69 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tulsa Symphony Orchestra Inc located?
Tulsa Symphony Orchestra Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 203798077. It is classified under NTEE code A69.
How many years of IRS 990 filings does Tulsa Symphony Orchestra Inc have?
Tulsa Symphony Orchestra Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.7M in total revenue.
Is Tulsa Symphony Orchestra Inc. financially sustainable given recent deficits?
The organization has experienced operational deficits in the last three fiscal years (2021-2023), with expenses exceeding revenue. While it has a strong asset base ($2,225,251 in 2023) that can absorb short-term deficits, this trend is not sustainable long-term and requires strategic financial planning.
How does the organization fund its operations if expenses exceed revenue?
The organization likely draws from its accumulated net assets or reserves to cover the difference when expenses exceed revenue. For example, in 2023, the $489,752 deficit was covered by existing funds, as indicated by the decrease in assets from $2,642,124 in 2022 to $2,225,251 in 2023.
What is the reason for 0% officer compensation reported on the 990s?
The consistent reporting of 0% officer compensation across all filings is atypical. It could mean that executive leadership is entirely volunteer, compensated through a separate management agreement not directly reported as officer compensation, or that compensation is categorized differently within the expense breakdown. Further investigation into the organization's governance and compensation policies would be needed for clarity.
Filing History
IRS 990 filing history for Tulsa Symphony Orchestra Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tulsa Symphony Orchestra Inc's revenue has grown by 54.1%, moving from $1.7M to $2.7M. Total assets increased by 128.5% over the same period, from $974K to $2.2M. Total functional expenses rose by 104.2%, from $1.6M to $3.2M. In its most recent filing year (2023), Tulsa Symphony Orchestra Inc reported a deficit of $490K, with expenses exceeding revenue. The organization holds $385K in liabilities against $2.2M in assets (debt-to-asset ratio: 17.3%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $3.2M | $2.2M | $385K | — | — |
| 2022 | $2.7M | $2.7M | $2.6M | $270K | — | View 990 |
| 2021 | $2.0M | $2.7M | $3.1M | $627K | — | View 990 |
| 2020 | $2.4M | $2.0M | $3.3M | $415K | — | View 990 |
| 2019 | $3.3M | $2.5M | $2.8M | $312K | — | View 990 |
| 2018 | $2.7M | $2.6M | $2.2M | $557K | — | View 990 |
| 2017 | $2.6M | $2.2M | $1.9M | $298K | — | View 990 |
| 2016 | $2.1M | $2.1M | $1.4M | $260K | — | View 990 |
| 2015 | $2.1M | $1.7M | $1.4M | $237K | — | View 990 |
| 2014 | $2.0M | $1.8M | $940K | $158K | — | View 990 |
| 2013 | $1.6M | $1.6M | $814K | $262K | — | View 990 |
| 2012 | $1.6M | $1.7M | $850K | $238K | — | View 990 |
| 2011 | $1.7M | $1.6M | $974K | $298K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $3.2M, and assets of $2.2M (revenue -0.1% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.7M, and assets of $2.6M (revenue +32.0% year-over-year).
- 2021: Revenue of $2.0M, expenses of $2.7M, and assets of $3.1M (revenue -16.0% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.0M, and assets of $3.3M (revenue -27.0% year-over-year).
- 2019: Revenue of $3.3M, expenses of $2.5M, and assets of $2.8M (revenue +25.1% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.6M, and assets of $2.2M (revenue +3.4% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.2M, and assets of $1.9M (revenue +21.9% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.1M, and assets of $1.4M (revenue +1.4% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.7M, and assets of $1.4M (revenue +3.1% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.8M, and assets of $940K (revenue +28.8% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $814K (revenue -1.9% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.7M, and assets of $850K (revenue -8.4% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $974K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tulsa Symphony Orchestra Inc:
Data Sources and Methodology
This transparency report for Tulsa Symphony Orchestra Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.