Overview
What is Philharmonic Society Of Orange County?
The Philharmonic Society of Orange County, located at 1124 Main Street B, Irvine, California, is a distinguished nonprofit organization dedicated to enriching the artistic and musical landscape of the area. With a mission to foster an appreciation for music, they accomplish this by presenting world-class orchestras and various musical performances. Their activities extend beyond just concerts, as they also provide comprehensive music education programs for individuals of all ages. Operating with a team of 21 dedicated individuals, the Philharmonic Society of Orange County is committed to bringing national and international performances of the highest quality to their community, promoting a vibrant and cultured environment.
Official website here: www.philharmonicsociety.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Philharmonic Society of Orange County has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates a well-managed organization with efficient financial practices, as demonstrated by its perfect scores in several categories, including independent board members and financial oversight.
Strengths of the organization include its high program expense ratio of 70.42%, which shows that the majority of its resources are directed toward its mission-driven programs. Additionally, the organization has a strong track record in financial management, with no reported material diversion of assets and a favorable liabilities to assets ratio of 27.74%. The presence of a whistleblower policy and the distribution of tax forms to the board before filing further enhance its governance standards.
However, a notable limitation is the absence of a formal conflict of interest policy, which is reflected in a score of zero for that category. While this may raise concerns regarding governance practices, the overall financial health and accountability measures suggest a commitment to transparency and responsible management. Overall, the organization is well-regarded for its financial integrity and dedication to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Philharmonic Society Of Orange County legitimate?
Philharmonic Society Of Orange County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philharmonic Society Of Orange County 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: $459,858
Professional Fundraising Fees: $0
Other Salaries and Wages: $650,415
For more financial information, click here
Official website here: www.philharmonicsociety.org
What is the mission statement of Philharmonic Society Of Orange County?
The Philharmonic Society of Orange County has a mission to foster an appreciation for music. They achieve this by presenting national and international performances of high-quality, as well as offering dynamic and innovative music education programs for individuals of all ages. Through these initiatives, the society aims to enrich the artistic and musical landscape of the community. By sponsoring world-class orchestras and musical performances, the Philharmonic Society contributes to the cultural enrichment of Orange County, CA.
Official website here: www.philharmonicsociety.org
Who is the CEO of Philharmonic Society Of Orange County?
Thomas Phillips is the President of Philharmonic Society Of Orange County.
Official website here: www.philharmonicsociety.org
What is the revenue of Philharmonic Society Of Orange County?
Philharmonic Society Of Orange County's revenue in 2022 was $5,029,979.
Official website here: www.philharmonicsociety.org
Who are the executives of Philharmonic Society Of Orange County and what are their salaries?
The average compensation at Philharmonic Society Of Orange County during 2022 was $52,870. There are 21 employees and 700 volunteers at Philharmonic Society Of Orange County.
Here are 22 key members and their salaries:
- Compensation: $233,199
- Related: $0
- Other: $8,575
- Compensation: $86,235
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- Other: $843
- Compensation: $104,650
- Related: $0
- Other: $5,940
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Official website here: www.philharmonicsociety.org
Where can I find the form 990 for Philharmonic Society Of Orange County?
Philharmonic Society Of Orange County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.philharmonicsociety.org
Learn more at the official website: www.philharmonicsociety.org
Mission Statement of Philharmonic Society Of Orange County
The Philharmonic Society of Orange County is committed to nurturing a deep appreciation for music within its community. To achieve this, the organization presents a variety of high-quality national and international performances, catering to both artistic and musical development. Additionally, the Philharmonic Society offers innovative and dynamic music education programs designed for individuals of all ages. By sponsoring these events and educational initiatives, the society aims to enrich the cultural landscape of Orange County, fostering a profound love for music among its residents.
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Impact
July, 2024
The Philharmonic Society of Orange County plays a vital role in the cultural landscape of Orange County by fostering an appreciation for music through world-class orchestras and musical performances. Its impact is seen in the artistic and musical enrichment it brings to the community through its concerts and programs. By presenting national and international performances of the highest quality, the Philharmonic Society of Orange County contributes to the cultural vibrancy of Irvine, CA, and provides dynamic and innovative music education programs for individuals of all ages. Through its commitment to the arts, the Society enhances the quality of life for residents and visitors alike, making a profound impact on the cultural fabric of Orange County.
This information is meant to be a general summary of Philharmonic Society Of Orange County. 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 2022.
- Investment Income: $1,774
- Program Service Revenue: $1,377,527
- Gross Receipts: $5,461,895
Assets and Liabilities:
- Total Assets: $3,907,763
- Total Liabilities: $495,497
- Net Assets: $3,412,266
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT TICKETS
Revenue
$918,154
EDUCATION AND SUPPORT
Revenue
$459,373
Organization Details
Founding Year
1954
Phone
(949) 553-2422Principal Officer
Thomas Phillips
Main Address
1124 MAIN STREET B, IRVINE, CA, 92614
Website
www.philharmonicsociety.orgNTEE Category
Code: A690 - Arts
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