Detroit Symphony Orchestra Hall Inc: $39.2M Revenue, $39.9M Expenses
Detroit, Michigan · EIN 381385132 · Filing year 2023
Detroit Symphony Orchestra Hall Inc reported $39.2M in total revenue, $39.9M in total expenses, and $116.6M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $2.6M (6.53% of revenue). NonprofitTruth efficiency grade: C (53/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $39.2M
- Total Expenses
- $39.9M
- Total Assets
- $116.6M
- Reserve Months
- 35.0 months
- Surplus / (Deficit)
- $-709,675
- EIN
- 381385132
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $2.6M
- Officer Comp % of Revenue
- 6.53%
Detroit Symphony Orchestra Hall Inc earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 53/100.
At $39.2M in 2023 revenue, Detroit Symphony Orchestra Hall Inc sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Operating reserves at Detroit Symphony Orchestra Hall Inc are adequate: the balance sheet covers a reasonable share of annual expenses, though not a deep multi-year cushion.
Revenue has been roughly stable over the five-year filing window. The pattern is normal for established organizations operating in a mature program area. Officer compensation is on the higher side of the band typical for nonprofits this size: $2.6M in total current-officer compensation against $39.2M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Detroit Symphony Orchestra Hall Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How Detroit Symphony Orchestra Hall Inc Compares
Detroit Symphony Orchestra Hall Inc earns a NonprofitTruth efficiency grade of C (53/100). That is 3 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 6.53% of total revenue. The organization holds 35.0 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Detroit Symphony Orchestra Hall Inc reported $39.2M in revenue against $39.9M in total functional expenses for filing year 2023, holding roughly 35.0 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $2.6M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 6.53% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Detroit Symphony Orchestra Hall Inc has a NonprofitTruth Efficiency Score of C (53/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Detroit Symphony Orchestra Hall Inc, Donor FAQ
Detroit Symphony Orchestra Hall Inc has a NonprofitTruth Efficiency Score of C (53/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Detroit Symphony Orchestra Hall Inc reports $2.6M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 6.53% of the organization's $39.2M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Detroit Symphony Orchestra Hall Inc reported $39.2M in annual revenue and $39.9M in total expenses for filing year 2023. The organization holds $116.6M in total assets.
Detroit Symphony Orchestra Hall Inc holds approximately 35.0 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.
Detroit Symphony Orchestra Hall Inc is a registered 501(c) organization with EIN 381385132, based in Detroit, Michigan. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.