Overview
What is Boston Philharmonic Orchestra Corporation?
Boston Philharmonic Orchestra Corporation is a distinguished nonprofit organization situated in Boston, Massachusetts. Its primary mission is to share the exhilarating joy of music with diverse audiences through engaging and connecting them with the music, musicians, and conductor. The organization aspires to push the boundaries of classical music experience, making it captivating and enriching for both performers and listeners. The Boston Philharmonic Orchestra's activities include delivering top-notch performances in renowned venues such as Symphony Hall and Sanders Theatre, while also touring annually. The organization's commitment to nurturing future leaders is evident through its Boston Philharmonic Youth Orchestra (BPYO), a tuition-free program offering talented young musicians aged 12-21 the chance to explore great orchestral repertoire in a stimulating and intellectually challenging environment. The Boston Philharmonic Orchestra's educational initiatives and outreach programs are instrumental to its ethos. Believing in music's universal appeal, the organization provides tools and opportunities for individuals to discover and appreciate music, fostering a love for this art form in people of all backgrounds. With a dedicated workforce of 117 people, Boston Philharmonic Orchestra Corporation continues to shape the future of music-making, fostering both passion and excellence in its endeavors.
Official website here: www.bostonphil.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating from Charity Navigator
The Boston Philharmonic Orchestra Corporation has achieved a remarkable 96% rating, signifying its strong commitment to accountability and financial health. With a perfect score of 100% in the Accountability & Finance category, the organization demonstrates sound management practices and transparency. The board is composed entirely of independent members, showcasing a robust governance structure that ensures decisions are made in the best interest of the organization and its mission.
Strengths of the Boston Philharmonic include an excellent Program Expense Ratio of 79.70%, indicating that a significant portion of its expenses directly supports its artistic programs. Additionally, its Fundraising Efficiency Ratio of $0.13 signifies effective fundraising efforts, with minimal costs incurred in raising funds. The organization also maintains strong oversight practices, including an Audit and Oversight Committee that rigorously reviews financial statements.
While the organization performs exceptionally well in most areas, its Working Capital Ratio of 0.45 years could suggest a need for improved liquidity management. Nevertheless, the overall financial health and governance practices of the Boston Philharmonic Orchestra Corporation position it as a model nonprofit, dedicated to delivering high-quality artistic experiences while ensuring responsible stewardship of its resources.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Boston Philharmonic Orchestra Corporation?
98% of 21 reviewers on Facebook recommend the Boston Philharmonic Orchestra Corporation. Here is a summary of their reviews: Many users express enthusiasm for the organization and appreciate the welcoming atmosphere it offers.
One reviewer shared excitement about the opportunity to engage with the BPYO members, indicating a strong connection between the organization and its audience. The positive sentiment reflects a strong community presence and a commitment to outreach, as one user mentioned the orchestra’s welcome even when performing far from home, such as in Uruguay.
Overall, the Boston Philharmonic Orchestra Corporation appears highly regarded among its supporters, with a focus on building relationships and providing a warm experience for attendees.
This AI summary has been generated from reviews found on Facebook.
Is Boston Philharmonic Orchestra Corporation legitimate?
Boston Philharmonic Orchestra Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Philharmonic Orchestra Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $186,770
Professional Fundraising Fees: $0
Other Salaries and Wages: $892,521
For more financial information, click here
Official website here: www.bostonphil.org
What is the mission statement of Boston Philharmonic Orchestra Corporation?
The Boston Philharmonic Orchestra Corporation's mission is centered around sharing the vibrant joy of music with various audiences. They strive to connect individuals with the music, musicians, and conductor, aiming to expand the human potential and redefine the classical music experience. The orchestra's performances, notes, and lectures are meticulously designed to reach the heart of music, offering a broad, enriching experience for both players and audiences. The Boston Philharmonic Youth Orchestra, an extension of the main orchestra, aims to nurture future leaders through music. Additionally, education and outreach are integral parts of their activities, with a belief that music should be accessible to everyone. By providing the necessary tools for discovery and understanding, the orchestra hopes to inspire love for music in all.
Official website here: www.bostonphil.org
What is the revenue of Boston Philharmonic Orchestra Corporation?
Boston Philharmonic Orchestra Corporation's revenue in 2024 was $3,357,875.
Official website here: www.bostonphil.org
Who are the executives of Boston Philharmonic Orchestra Corporation and what are their salaries?
The average compensation at Boston Philharmonic Orchestra Corporation during 2024 was $5,507. There are 196 employees at Boston Philharmonic Orchestra Corporation.
Here are 19 key members and their salaries:
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Official website here: www.bostonphil.org
Where can I find the form 990 for Boston Philharmonic Orchestra Corporation?
Boston Philharmonic Orchestra Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bostonphil.org
Learn more at the official website: www.bostonphil.org
Mission Statement of Boston Philharmonic Orchestra Corporation
The Boston Philharmonic Orchestra Corporation, often referred to as the BPO, is dedicated to sharing the vibrant joy of music with diverse audiences. Their mission is to engage and connect individuals with the music, the musicians, and the conductor, aiming to redefine and invigorate the classical music experience. Through their performances, programs, and educational initiatives, the BPO aspires to expand human possibilities and bring passion for music-making to both players and audiences alike.
One of the BPO's key initiatives is the Boston Philharmonic Youth Orchestra (BPYO), which plays a significant role in shaping future leaders through music. This program offers young instrumentalists a unique opportunity to study great orchestral repertoire in a musically dynamic and intellectually challenging community. Reflecting their belief that music is for everyone, education and outreach are central to the BPO's activities. They strive to ensure that everyone has the tools to discover and understand music, fostering a love for it in the process. Through probing, innovative performances, carefully designed programs, program notes, and pre-concert lectures, the BPO aims to offer audiences an enriching and expansive musical experience.
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Impact
July, 2024
The Boston Philharmonic Orchestra Corporation's impact lies in its mission to bring the vibrant joy of great music to new and existing audiences through engagement and connection with the music, the players, and the conductor. Their innovative performances of the highest quality, carefully designed programs, informative program notes, and pre-concert lectures aim to offer an expansive, enriching experience for both players and audiences alike. The Boston Philharmonic Youth Orchestra (BPYO) further expands this impact by shaping future leaders through music, providing young instrumentalists with a unique opportunity to study great orchestral repertoire in a dynamic and intellectually challenging community. With a belief that music is for everyone, education and outreach are at the core of their activities, with a driving philosophy that everyone will grow to love music when given the tools to discover and understand it. Their commitment to passionate music-making reaches beyond boundaries, creating a lasting impact on individuals and communities through their dedication to excellence and accessibility in the world of classical music.
This information is meant to be a general summary of Boston Philharmonic Orchestra Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $13,617
- Program Service Revenue: $464,648
- Gross Receipts: $3,379,518
Assets and Liabilities:
- Total Assets: $1,622,095
- Total Liabilities: $177,910
- Net Assets: $1,444,185
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net concert ticket sales
Revenue
$464,648
Program 2
Revenue
$0
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
1978
Principal Officer
Thomas J Raffa
Website
www.bostonphil.orgNTEE Category
Code: A69Z - Arts
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