Overview
What is Philadelphia Orchestra Association?
The Philadelphia Orchestra Association, an active nonprofit organization based in Philadelphia, Pennsylvania, is renowned for its orchestral music programs. With a team of 282 employees, they present approximately 192 performance events yearly, encompassing their Main Classical Series (69 events), Special Concerts (28), educational and community events (38), tours and regional concerts (57), and Digital Stage Concerts through online streaming. Their mission is to broadly share the transformative power of music, offering free virtual concerts via their website to reach an expansive audience.
Official website here: www.ensembleartsphilly.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating) from Charity Navigator.
The Philadelphia Orchestra Association has demonstrated strong accountability and transparency, earning a high overall rating of 93%. With a perfect score in Leadership & Adaptability, the organization showcases an effective governance structure, featuring 86% independent board members and robust policies for conflict of interest and whistleblower protection. Their financial oversight is commendable, as indicated by the absence of material asset diversion and a solid audit structure.
Financially, the orchestra maintains a healthy working capital ratio of 4.15 years and shows efficiency in fundraising, with a low cost of $0.10 per dollar raised. The program expense ratio stands at 68.83%, indicating a substantial portion of funds is directed toward programmatic activities rather than administrative costs. This reflects the organization’s commitment to its mission and community engagement through music.
While the organization excels in many areas, potential donors might consider the program expense ratio and whether the orchestra's financial strategies align with their philanthropic goals. Overall, the Philadelphia Orchestra Association stands out as a well-managed nonprofit with a strong track record in both financial health and governance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Philadelphia Orchestra Association?
100% of 21 reviewers on Facebook recommend the Philadelphia Orchestra Association. Here is a summary of their reviews:
Audience members are consistently impressed by the orchestra's performances, noting the high caliber of the musicians and the excitement of the programs, such as the recent Tuba Concerto featuring Wynton Marsalis. Enthusiastic praise for the Brahms Symphony No. 1 highlights the emotional depth and remarkable execution of their concerts.
Overall, the sentiment reflects a strong appreciation for the Philadelphia Orchestra, with attendees expressing their satisfaction and eagerness to experience future performances.
This AI summary has been generated from reviews found on Facebook.
Is Philadelphia Orchestra Association legitimate?
Philadelphia Orchestra Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia Orchestra Association 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: $3,797,338
Professional Fundraising Fees: $130,158
Other Salaries and Wages: $24,250,663
For more financial information, click here
Official website here: www.ensembleartsphilly.org
What is the mission statement of Philadelphia Orchestra Association?
The Philadelphia Orchestra Association strives to broaden access to the transformative power of music. They achieved this through approximately 192 performance events annually, including their main classical series, special concerts, family, school, and community events, tours, regional concerts, and digital stage concerts offered through online streaming. The association also provided free virtual concerts via their website.
Official website here: www.ensembleartsphilly.org
Who is the CEO of Philadelphia Orchestra Association?
Matias Tarnopolsky is the CEO of Philadelphia Orchestra Association The CEO's salary of Philadelphia Orchestra Association is $910,907 and their total compensation is $978,363.
Official website here: www.ensembleartsphilly.org
What is the revenue of Philadelphia Orchestra Association?
Philadelphia Orchestra Association's revenue in 2023 was $55,220,839.
Official website here: www.ensembleartsphilly.org
Who are the executives of Philadelphia Orchestra Association and what are their salaries?
The average compensation at Philadelphia Orchestra Association during 2023 was $60,579. There are 463 employees and 450 volunteers at Philadelphia Orchestra Association.
Here are 23 key members and their salaries (Philadelphia Orchestra Association's CEO's salary is $910,907 and their total compensation is $978,363):
- Compensation: $910,907
- Related: $0
- Other: $67,456
- Compensation: $0
- Related: $656,128
- Other: $28,896
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- Compensation: $383,765
- Related: $0
- Other: $54,416
- Compensation: $319,970
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- Other: $53,116
- Compensation: $273,301
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- Other: $33,318
- Compensation: $455,703
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- Other: $44,328
- Compensation: $386,226
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- Other: $38,948
- Compensation: $336,202
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- Other: $39,367
- Compensation: $324,150
- Related: $0
- Other: $41,855
- Compensation: $330,386
- Related: $0
- Other: $23,148
Official website here: www.ensembleartsphilly.org
Where can I find the form 990 for Philadelphia Orchestra Association?
Philadelphia Orchestra Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ensembleartsphilly.org
Learn more at the official website: www.ensembleartsphilly.org
Mission Statement of Philadelphia Orchestra Association
The Philadelphia Orchestra Association, with its mission to share the transformative power of music with the widest audience, presents a rich tapestry of orchestral music programs throughout the year. With approximately 192 performance events, the Association's offerings include the Main Classical Series, hosting 69 performances; Special Concerts, with 28 events; Family, School, and Community Events, involving 38 engagements; Tours and Regional Concerts, comprising 57 presentations; and Digital Stage Concerts, accessible through online streaming.
Moreover, the Philadelphia Orchestra Association extends its reach by providing free virtual concerts on its website, enabling music enthusiasts from all walks of life to connect and engage with the orchestra's captivating performances. The Association's commitment to sharing the transformative power of music extends beyond the concert hall, as it strives to make its offerings accessible to the widest audience possible.
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Impact
October, 2024
The Philadelphia Orchestra Association significantly enhances the cultural landscape of the region by sharing the transformative power of music. Through a robust array of orchestral programs, the orchestra participated in approximately 192 performance events over the past year, contributing to the cultural enrichment of the community.
These events encompassed a diverse range of offerings, including 69 performances in the main classical series, 28 special concerts, 38 family, school, and community events, and 57 tours and regional concerts. Additionally, the orchestra has embraced modern technology by providing digital stage concerts, allowing a broader audience to experience their music through online streaming.
The commitment to accessibility is further underscored by the provision of free virtual concerts on their website, ensuring that the transformative experience of orchestral music is available to all. Ultimately, the Philadelphia Orchestra Association plays a vital role in cultivating an appreciation for music, fostering community engagement, and enriching lives through the art of orchestration.
This information is meant to be a general summary of Philadelphia Orchestra Association. 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 2023.
- Investment Income: $5,661,738
- Program Service Revenue: $14,711,591
- Gross Receipts: $68,678,737
Assets and Liabilities:
- Total Assets: $197,766,914
- Total Liabilities: $17,440,334
- Net Assets: $180,326,580
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PHILADELPHIA CONCERTS
Revenue
$8,539,970
SUMMER CONCERTS
Revenue
$2,274,136
OUT OF TOWN CONCERTS
Revenue
$1,896,193
TOUR CONCERTS
Revenue
$1,883,974
EDUCATION CONCERTS
Revenue
$117,318
Organization Details
Founding Year
1903
Principal Officer
Matias Tarnopolsky
Website
www.ensembleartsphilly.orgNTEE Category
Code: A690 - Arts
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