RICHMOND SYMPHONY ORCHESTRA
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$663,408
Contributions
47%
Other
33%
Program Services
11%
Investments
9%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$650,283
Fees to Service Providers
46%
Salaries & Benefits
22%
Offices, Occupancy & IT
16%
Other
13%
Advertising & Promotion
2%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$306,775
$309,173
+1%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$80,055
$74,246
-7%
Membership Dues
$0
$0
-
Investments
$38,832
$58,533
+51%
Other
$300,543
$221,456
-26%
Total Revenues
$726,205
$663,408
-9%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$96,112
$142,231
+48%
Fees to Service Providers
$346,892
$301,002
-13%
Advertising & Promotion
$13,699
$10,238
-25%
Offices, Occupancy & IT
$91,054
$107,207
+18%
Interest
$0
$0
-
Depreciation
$2,875
$2,666
-7%
Other
$59,837
$86,939
+45%
Total Expenses
$610,469
$650,283
+7%
Net income
2024
2025
Change
Net income
+$115,736
+$13,125
-89%
Functional Expenses
Summary
2024
2025
Change
Program
$354,808
$398,055
+12%
Admin
$173,499
$180,217
+4%
Fundraising
$82,162
$72,011
-12%
Total Expenses
$610,469
$650,283
+7%
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