Buffalo Philharmonic Orchestra Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222270540 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Buffalo Philharmonic Orchestra Foundation Inc?

Buffalo Philharmonic Orchestra Foundation Inc is a not-for-profit organization situated in Buffalo, New York, at 786 Delaware Avenue. Their primary mission is to gather and preserve an endowment fund for the benefit of the Buffalo Philharmonic Orchestra Society Inc. This fund aims to ensure the ongoing availability of live symphonic music performances by professional musicians. The foundation supports the orchestra society by distributing its annual fund income.


Official website here: www.bpo.org

Is Buffalo Philharmonic Orchestra Foundation Inc legitimate?

Buffalo Philharmonic Orchestra Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo Philharmonic Orchestra Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bpo.org

What is the mission statement of Buffalo Philharmonic Orchestra Foundation Inc?

The Buffalo Philharmonic Orchestra Foundation Inc. is a not-for-profit organization with a primary mission to collect, preserve, and utilize funds for the benefit of the Buffalo Philharmonic Orchestra Society Inc. Their primary objective is to ensure the continued availability of live symphonic music performances by professional musicians. The organization is required to distribute a portion of the fund's income annually to support the Buffalo Philharmonic Orchestra Society Inc.


Official website here: www.bpo.org

Who is the CEO of Buffalo Philharmonic Orchestra Foundation Inc?

Daniel Hart is the Chair of Buffalo Philharmonic Orchestra Foundation Inc.


Official website here: www.bpo.org

What is the revenue of Buffalo Philharmonic Orchestra Foundation Inc?

Buffalo Philharmonic Orchestra Foundation Inc's revenue in 2022 was $6,684,616.


Official website here: www.bpo.org

Who are the executives of Buffalo Philharmonic Orchestra Foundation Inc and what are their salaries?


Here are 8 key members and their salaries:


John J Zak (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Hejmowski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aleks Spellman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Arrison (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micheal Munschauer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Yurtchuk (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Hart (Executive Director)
  • Compensation: $0
  • Related: $321,541
  • Other: $21,259
Kevin James (Vp Of Finance & Administration)
  • Compensation: $0
  • Related: $117,744
  • Other: $15,809


Official website here: www.bpo.org

Where can I find the form 990 for Buffalo Philharmonic Orchestra Foundation Inc?

Buffalo Philharmonic Orchestra Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bpo.org

Learn more at the official website: www.bpo.org

Mission Statement of Buffalo Philharmonic Orchestra Foundation Inc

Buffalo Philharmonic Orchestra Foundation Inc, as a not-for-profit corporation, is dedicated to a significant mission. Its primary objective is to amass and preserve an endowment fund, benefitting the Buffalo Philharmonic Orchestra Society Inc. This endeavor aims to ensure the perpetual availability of live symphonic music performances, delivered by skilled musicians. To fulfill this mission, the foundation is obligated to distribute a required annual income from the fund to support the Buffalo Philharmonic Orchestra Society Inc. In essence, Buffalo Philharmonic Orchestra Foundation Inc serves as a vital source of financial support for the orchestra, safeguarding its enduring legacy of live symphony performances by professional musicians.

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Impact




October, 2024

The Buffalo Philharmonic Orchestra Foundation Inc plays a crucial role in preserving and enhancing the cultural landscape of Buffalo, NY, by ensuring the continuous availability of live symphonic music. Through the establishment and maintenance of an endowment fund, the foundation provides essential financial support to the Buffalo Philharmonic Orchestra Society, enabling it to present high-quality performances by professional musicians.

By soliciting and receiving contributions, the Foundation not only secures the financial health of the orchestra but also enriches the community's artistic offerings. This commitment to funding allows the orchestra to reach diverse audiences, inspiring new generations of music lovers and fostering a deeper appreciation for the arts. The foundation's impact extends beyond music; it contributes to the cultural vitality of the region, supports educational initiatives, and enhances the overall quality of life for residents in Buffalo and its surrounding areas.




This information is meant to be a general summary of Buffalo Philharmonic Orchestra Foundation Inc. 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.

Revenue
$6,684,616 (2022)
Expenses
$1,557,476 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,302,597
  • Gross Receipts: $6,871,708

Assets and Liabilities:

  • Total Assets: $34,985,647
  • Total Liabilities: $2,599
  • Net Assets: $34,983,048

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Organization Details

Founding Year

1979

Principal Officer

Daniel Hart

Main Address

786 DELAWARE AVENUE, BUFFALO, NY, 14209

NTEE Category

Code: A69 - Arts

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