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Virginia · Nonprofit

THE RICHMOND SYMPHONY

THE RICHMOND SYMPHONY (Virginia) receives grants from 88 organizations whose IRS filings report $15,468,984 to it, the largest being THE ENDEAVOUR LEGACY FOUNDATION ($5,410,000). 67 of them have funded it in more than one year.

Revenue FY2025
$8.9M
Funders on record
88
Grants received
$15M
Net assets
$-1391365
67/88 repeat funderspeak grant-dependency 36%
01What it does

What The Richmond Symphony does

Mission

The Richmond Symphony performs, teaches and champions music to inspire and unite our communities.

As stated on its FY2025 Form 990.

Program

  1. Each season, The Richmond Symphony reaches 250,000 virginians across the commonwealth through concerts, educational programs, touring, broadcasts and live streams. Its roster includes an internationally respected music director and guest artists as well as locally prominent musicians. The Richmond Symphony is dedicated to excellence in presenting all types of orchestral repertoire, performing a wide variety of music in various venues from concert halls to intimate coffee shops. The Richmond Symphony school of music incorporates online and in-person learning opportunities for individuals of school age through adult.

    $8,072,281 spent$2,717,448 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,072,281.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($6.2M) Expenses 100 ($5.7M) Net assets 100 ($78k)2018 Revenue 95 ($5.9M) Expenses 109 ($6.2M) Net assets -349 ($-271796)2019 Revenue 106 ($6.6M) Expenses 114 ($6.5M) Net assets -247 ($-192155)2020 Revenue 92 ($5.7M) Expenses 113 ($6.4M) Net assets -348 ($-271282)2021 Revenue 109 ($6.8M) Expenses 118 ($6.7M) Net assets -728 ($-566659)2022 Revenue 135 ($8.4M) Expenses 130 ($7.4M) Net assets 462 ($360k)2023 Revenue 121 ($7.5M) Expenses 147 ($8.4M) Net assets -681 ($-530405)2024 Revenue 149 ($9.3M) Expenses 160 ($9.2M) Net assets -526 ($-409120)2025 Revenue 144 ($8.9M) Expenses 174 ($9.9M) Net assets -1787 ($-1391365)
'17'18'19'20'21'22'23'24'25
Revenue (144)Expenses (174)Net assets (-1787)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $2.4M to $1.4M (−42%).

$1.7M
$2.1M
$2.3M
$2.4M
$1.4M
$2.4M
$1.4M
$1.6M
$1.2M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 1% · 2019 1% · 2020 1% · 2021 19% · 2022 28% · 2023 3% · 2024 2% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

67% of THE RICHMOND SYMPHONY’s revenue is contributions — more donation-reliant than the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$509k
’17
−$350k
’18
$80k
’19
−$728k
’20
$40k
’21
$952k
’22
−$890k
’23
$121k
’24
−$982k
’25
0.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Lacey Huszcza

CEO & president

Board chair

Elisabeth Wollan

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed434142433632323233
Joined·+2+7+6+9+4+2+7+5
No longer listed·465168274
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 32 funders to 36 funders, grant income rose $1.2M → $2.7M.

15 of 88 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $5.3M from 2 payers (the payer shares this organization's board, largest The Richmond Symphony Foundation). These are real filings, and they are not money THE RICHMOND SYMPHONY raised.

From the IRS filings of THE RICHMOND SYMPHONY’s funders (the co-funder graph). Top 30 of 88 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE RICHMOND SYMPHONY leans on a few funders — its largest provides 35% of grant income and the top three 60%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

34% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE RICHMOND SYMPHONY.

35%
largest funder
60%
top three
~6
effective funders

Largest funder’s share by year: 2017 63% · 2018 46% · 2019 36% · 2020 23% · 2021 41% · 2022 42% · 2023 55% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of THE RICHMOND SYMPHONY's funders are still giving 3 years after their first grant; 76% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

83% of THE RICHMOND SYMPHONY's grant income comes from Virginia funders.

IL
MI
NY
OH
PA
CT
CA
MO
WV
VA
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $3.8M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE RICHMOND SYMPHONY's funding base is broadening — from 32 funders to 36 as grant income climbed.

Operating margin−11% · bottom quartile
Months of reserve0.3mo · bottom quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like THE RICHMOND SYMPHONY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 13%Fundraising 6%

Governance

29
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

93%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • The Richmond Symphony Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE RICHMOND SYMPHONY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE RICHMOND SYMPHONY?
THE RICHMOND SYMPHONY (Virginia) receives grants from 88 organizations whose IRS filings report $15,468,984 to it, the largest being THE ENDEAVOUR LEGACY FOUNDATION ($5,410,000). 67 of them have funded it in more than one year.
How many funders does THE RICHMOND SYMPHONY have?
IRS filings report 88 organizations giving $15,468,984 in grants to THE RICHMOND SYMPHONY, 67 of which have funded it in more than one year.
Who is the largest funder of THE RICHMOND SYMPHONY?
THE ENDEAVOUR LEGACY FOUNDATION is the largest funder on record, with $5,410,000 in grants. The full list of funders is on this page.
How can an organization like THE RICHMOND SYMPHONY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 88 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing