TOTAL REVENUE - FISCAL 2025
$115,839,819
Up 117.2% from $53,330,646 in fiscal 2024.
Cincinnati Symphony Orchestra
Cincinnati, Ohio - EIN 31-0537080 - Latest filing: fiscal 2025 (Sep 1, 2024 - Aug 31, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed Jun 22, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed Jun 22, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Cincinnati Symphony Orchestra reported $115,839,819 in revenue and $41,961,505 in expenses in fiscal 2025, a surplus of $73,878,314 for the year. Program services took $31,745,184 of expenses, or 75.6%. The organization closed the year with $451,499,025 in net assets - about 129.1 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$41,961,505
Revenue minus expenses: $73,878,314 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
75.6%
$31,745,184 of $41,961,505 went to program services.
NET ASSETS - END OF FISCAL 2025
$451,499,025
Total assets $479,702,083 minus total liabilities $28,203,058.
TOP EXECUTIVE PAY - FISCAL 2025
$642,323
Jonathan Martin, President & CEO, as reported on the fiscal-2025 Form 990, filed Jun 22, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
539 Employees
Plus 160 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed Jun 22, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.03 - $2,531,170 in fundraising expenses divided by $94,342,425 in total contributions. On cash contributions only: $0.03.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $94,342,425 |
| Of Which Cash Contributions | $93,739,747 |
| Of Which Donated Goods (Noncash) | $602,678 |
| Related Organizations | $5,978,260 |
| Government Grants | $776,339 |
| All Other Contributions | $87,587,826 |
| Program Service Revenue | $11,172,919 |
| Investment Income | $10,249,101 |
| Other Revenue | $75,374 |
| Total Revenue (All Sources) | $115,839,819 |
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
129.1 Months
of reserves - $451,499,025 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $3,496,792 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $479,702,083 |
| Total Liabilities | $28,203,058 |
| Liabilities as Share of Assets | 5.9% |
| Net Assets | $451,499,025 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed Jun 22, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Jonathan Martin - President & CEO | $642,323 | 1.53% |
| Robert McGrath - Chief Operating Officer | $393,526 | 0.94% |
| Richard Freshwater - Vice President & CFO | $385,547 | 0.92% |
| Stefani Matsuo - Concertmaster, Violin | $333,369 | 0.79% |
| Mary McFadden Lawson - Chief Philanthropy Officer | $299,488 | 0.71% |
| Harold Brown - Chief Diversity & Inclusio | $271,382 | 0.65% |
| John Russell - Pops Conductor | $257,725 | 0.61% |
| Elizabeth Freimuth - Principal French Horn | $247,324 | 0.59% |
| Dwight Parry - Principal Oboe | $247,102 | 0.59% |
| Christopher Pell - Principal Clarinet | $233,036 | 0.56% |
| Patrick Schleker - Director & Principal Timpa | $207,115 | 0.49% |
| Evin Blomberg - Director & Violin | $139,069 | 0.33% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed Jun 22, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
41 voting members, 39 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Jonathan Martin | President & CEO |
| Robert McGrath | Chief Operating Officer |
| Richard Freshwater | Vice President & CFO |
| Stefani Matsuo | Concertmaster, Violin |
| Mary McFadden Lawson | Chief Philanthropy Officer |
| Harold Brown | Chief Diversity & Inclusio |
| John Russell | Pops Conductor |
| Elizabeth Freimuth | Principal French Horn |
| Dwight Parry | Principal Oboe |
| Christopher Pell | Principal Clarinet |
| Patrick Schleker | Director & Principal Timpa |
| Evin Blomberg | Director & Violin |
| Adrian Cunningham | Director |
| Aik Khai Pung | Director |
| Albert Smitherman | Director |
| Andrea Costa | Director |
| Anne Mulder | Director |
| Blair Fleischmann | Director Emeritus |
| Dorie Akers | Director |
| Duck Wadsworth | Director Emeritus |
| Edna Keown | Director |
| Florence Koetters | Director Emeritus |
| Francie Hiltz | Director Emeritus |
| Gabe Davis | Director |
| Heather Apple | Director |
| Jack Rouse | Director Emeritus |
| James Minutolo | Director |
| Joe Hirschhorn | Director Emeritus |
| John Lanni | Director |
| Kari Ullman | Director |
| Kate Brown | Director |
| Kori Hill | Director |
| Laura Mitchell | Director |
| Lisa Kelly | Director |
| Maria Espinola | Director |
| Melanie Healey | Director |
| Michael Bergan | Director |
| Otto Budig | Director Emeritus |
| Ralph Brown | Director |
| Rick Reynolds | Director Emeritus |
| Rob McDonald | Director |
| Shannon Lawson | Director |
| Spencer Liles | Director Emeritus |
| Stephanie Smith | Director |
| Trish Bryan | Director Emeritus |
| Valarie Sheppard | Director |
| Will Lindner | Director |
| Dianne Rosenberg | Immediate Past Chair |
| Charla Weiss | Chair |
| Sue McPartlin | Treasurer |
| Gerron McKnight | Secretary |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence41 voting / 39 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $0 in grants paid and filed no Schedule I for fiscal 2025. The page states that directly instead of leaving a blank grants section. Grantmaking organizations show a full recipient list in this section - recipient name, amount and stated purpose, as reported.
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $53,330,646 | - |
| Fiscal 2025 | $115,839,819 | +117.2% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Sep 1, 2024 - Aug 31, 2025 | Form 990 | In Force - Filed Jun 22, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.