Overview
What is The Louisiana Philharmonic Orchestra?
The Louisiana Philharmonic Orchestra, based in New Orleans, Louisiana, serves as a full-time professional ensemble presenting approximately 100 performances annually. Their mission is to enrich and transform individuals and communities through music. Beyond mere performances, they engage in educational and community services, offering orchestral music exposure and interactive experiences with musicians at little to no cost. Responding to identified community needs, they deliver life-affirming arts and arts-integrated programming. Their initiatives support youth development through the arts, contributing to cognitive, emotional, and social growth, and measurable student achievement. With around 170 employees, the Louisiana Philharmonic Orchestra is a significant contributor to the cultural landscape of New Orleans.
Official website here: www.lpomusic.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Star Rating)
The Louisiana Philharmonic Orchestra has achieved a high rating of 91% from Charity Navigator, indicating strong performance in accountability and finance. With a commendable majority of independent board members and excellent financial oversight practices, the organization demonstrates robust governance. Its financial statements are thoroughly audited, and the nonprofit has established comprehensive policies for conflicts of interest and whistleblower protections.
Strengths include an impressive program expense ratio of 84.13%, suggesting that a significant portion of their funds is directed towards programs rather than administrative costs. Additionally, the fundraising efficiency is noteworthy, with an extremely low cost to raise a dollar. These metrics reflect the organization's commitment to maintaining financial health while maximizing program impact.
However, there are some limitations in the financial ratios, particularly regarding liabilities to assets, which stands at 49.38%. This indicates a moderate level of liabilities in relation to their assets. Furthermore, while the working capital ratio of 0.42 years may raise some concerns about liquidity, the overall financial management appears sound, ensuring the organization's continued operation and service delivery.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Louisiana Philharmonic Orchestra?
100% of 279 reviewers on Facebook recommend The Louisiana Philharmonic Orchestra. Here is a summary of their reviews:
Many patrons express their delight in the organization's interesting programming, highlighting the exceptional talent of the musicians. The newly remodeled Orpheum venue adds to the overall positive experience, making it a favored choice for concertgoers. Attendees appreciate the artistic quality and the engaging performances, with numerous comments reflecting a strong level of satisfaction.
Overall, supporters feel that the orchestra consistently delivers impressive experiences and has successfully transformed the way they enjoy live music. The enthusiasm for the performances and the venue is evident, marking it as a must-visit for both locals and visitors alike.
This AI summary has been generated from reviews found on Facebook.
Is The Louisiana Philharmonic Orchestra legitimate?
The Louisiana Philharmonic Orchestra is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Louisiana Philharmonic Orchestra 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: $496,675
Professional Fundraising Fees: $3,840
Other Salaries and Wages: $2,254,889
For more financial information, click here
Official website here: www.lpomusic.com
What is the mission statement of The Louisiana Philharmonic Orchestra?
The Louisiana Philharmonic Orchestra's mission is focused on transforming individuals and communities through the power of music. As a full-time professional orchestra, they present over 100 performances annually. Their programming is designed to fill a void in education and community services, providing orchestral music exposure and interactive experiences with orchestral musicians. The orchestra takes pride in creating programs that respond to identified community needs for life-affirming arts and arts-integrated programming at little or no cost. Their initiatives support youth development through the arts, which is linked to cognitive, emotional, and social growth, leading to measurable student achievement.
Official website here: www.lpomusic.com
What is the revenue of The Louisiana Philharmonic Orchestra?
The Louisiana Philharmonic Orchestra's revenue in 2023 was $8,067,697.
Official website here: www.lpomusic.com
Who are the executives of The Louisiana Philharmonic Orchestra and what are their salaries?
The average compensation at The Louisiana Philharmonic Orchestra during 2023 was $10,462. There are 263 employees and 10 volunteers at The Louisiana Philharmonic Orchestra.
Here are 37 key members and their salaries:
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Official website here: www.lpomusic.com
Where can I find the form 990 for The Louisiana Philharmonic Orchestra?
The Louisiana Philharmonic Orchestra's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lpomusic.com
Learn more at the official website: www.lpomusic.com
Mission Statement of The Louisiana Philharmonic Orchestra
The Louisiana Philharmonic Orchestra, a full-time professional orchestra, is dedicated to transforming individuals and communities through music. Their mission is multifaceted, filling a void in educational and community services related to orchestral music exposure. They strive to provide interactive programs with orchestral musicians, responding to identified community needs for life-affirming arts and arts-integrated programming at little or no cost. The Louisiana Philharmonic Orchestra's programming also supports youth development through the arts, an approach linked to cognitive, emotional, and social growth, as well as measurable student achievement. By offering 100 performances annually, this orchestra aims to inspire and engage its audience, ultimately contributing to the overall transformation of the community.
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Impact
July, 2024
The Louisiana Philharmonic Orchestra's impact extends far beyond entertainment, as it plays a crucial role in transforming individuals and communities through music. By presenting 100 performances annually, the orchestra fills a void in education and community services related to orchestral music exposure. Their programming not only offers hands-on interaction with musicians but also develops initiatives responsive to identified community needs for life-affirming arts experiences, often at little to no cost.
The LPO's efforts support youth development through arts education, fostering cognitive, emotional, and social growth while promoting measurable student achievement. By incorporating arts into learning, the orchestra contributes to a holistic approach to education. Through their mission to engage and inspire, the Louisiana Philharmonic Orchestra truly makes a difference in the lives of those they reach in New Orleans and beyond.
This information is meant to be a general summary of The Louisiana Philharmonic Orchestra. 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: $33,096
- Program Service Revenue: $4,526,940
- Gross Receipts: $8,150,309
Assets and Liabilities:
- Total Assets: $2,881,541
- Total Liabilities: $974,315
- Net Assets: $1,907,226
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT FEES
Revenue
$3,111,374
SINGLE EVENT FEES
Revenue
$1,032,724
SUBSCRIPTION FEES
Revenue
$355,034
REFUNDS AND RELOCATION
Revenue
$15,418
PERFORMANCE LICENSE FE
Revenue
$12,000
Organization Details
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