Philadelphia Youth Orchestra
- Assets
- $1.7m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 7
- Location
- Philadelphia, PA
- Founding
- 06/1962
- Data as of
- 08/2022
- EIN
- 23-6392235
Organization Overview
Philadelphia Youth Orchestra is located in Philadelphia, PA. The organization was established in 1962. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2022, Philadelphia Youth Orchestra employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Youth Orchestra is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Philadelphia Youth Orchestra generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $1.8m during the year ending 08/2022. While expenses have increased by 5.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PHILADELPHIA YOUTH ORCHESTRA USES EXTRAORDINARY MUSIC EDUCATION THROUGH THE PURSUIT OF MUSIC EXCELLENCE TO INSPIRE A STRONG SENSE OF CHARACTER, DISCIPLINE, COMMITMENT, AND COMMUNITY FOR OUR DIVERSE STUDENT POPULATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAMS OF THE PYO PROVIDE MUSIC EDUCATION AND PERFORMANCE OPPOPTUNITIES TO STUDENTS IN THE GREATER PHILADELPHIA REGION IN THE FISCAL YEAR 2021-2022, THE PYO HAD THE FOLLOWING PROGRAM ACTIVITIES: PHILADELPHIA YOUTH ORCHESTRA (112 STUDENTS) PHILADELPHIA YOUNG ARTISTS ORCHESTRA (105 STUDENTS) YOUNG MUSICIANS DEBUT ORCHESTRA (68 STUDENTS) BRAVO BRASS (20 STUDENTS) PHILADELPHIA REGION YOUTH PRYSM STRINGS (66 STUDENTS) THE PYO 2021-2022 PERFORMANCE SCHEDULE CONSISTED PRIMARILY OF PERFORMANCE ACTIVITIES. IN ORDER TO ATTRACT AND RETAIN THE BEST STUDENT MUSICIANS, PYO OFFERS A TUITION FINANCIAL AID PROGRAM TO STUDENTS THAT DEMONSTRATE TALENT, BUT DO NOT HAVE THE FINANCIAL WHEREWITHAL TO PAY THE FULL TUITION. IN 2021-2022, THE ORCHESTRA PROVIDED FINANCIAL ASSISTANCE IN THE AMOUNT OF $111,289.
IN THE FISCAL YEAR 2021-2022, TUNE UP PHILLY HAD 120 STUDENTS. THE TUNE UP PHILLY 2021-2022 PERFORMANCE SCHEDULE CONSISTED OF VIRTUAL PERFORMANCE ACTIVITIES. TUNE UP PHILLY STUDENTS RECEIVE FULL TUITION FINANCIAL AID.
THE ORCHESTRA IS REGISTERED AS AN EDUCATIONAL IMPROVEMENT ORGANIZATION (EIO) AND AN OPPORTUNITY SCHOLARSHIP TAX CREDIT (OSTC) AGENCY UNDER THE COMMONWEALTH OF PENNSYLVANIA'S EDUCATIONAL IMPROVEMENT TAX CREDIT (EITC) PROGRAM. THE ORCHESTRA PROVIDED 9 OSTC SCHOLARSHIPS UNDER THIS PROGRAM IN THE FISCAL YEAR 2021-2022.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis Scaglione President, CEO & Music Director | Officer | 40 | $237,290 |
Lydia Ogden PHD Chairman | OfficerTrustee | 1 | $0 |
Denise Valme-Lundy ESQ Secretary | OfficerTrustee | 1 | $0 |
Christopher Rinaldi Treasurer | OfficerTrustee | 1 | $0 |
Robert Pick Vice Chairman | OfficerTrustee | 1 | $0 |
Frank Giordano Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $121,291 |
| All other contributions, gifts, grants, and similar amounts not included above | $730,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $851,441 |
| Total Program Service Revenue | $725,310 |
| Investment income | $33,192 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,553 |
| Net Income from Fundraising Events | $218,126 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,961,434 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $46,935 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $247,421 |
| Compensation of current officers, directors, key employees. | $182,081 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $767,204 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,380 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,037 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,268 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,507 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,936 |
| Insurance | $4,709 |
| All other expenses | $162,891 |
| Total functional expenses | $1,761,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,402 |
| Savings and temporary cash investments | $103,482 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,020 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,226 |
| Net Land, buildings, and equipment | $209,970 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,296,890 |
| Intangible assets | $0 |
| Other assets | $1,200 |
| Total assets | $1,696,190 |
| Accounts payable and accrued expenses | $22,350 |
| Grants payable | $0 |
| Deferred revenue | $259,363 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $25,000 |
| Other liabilities | $0 |
| Total liabilities | $306,713 |
| Net assets without donor restrictions | $200,024 |
| Net assets with donor restrictions | $1,189,453 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,696,190 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Philadelphia Youth Orchestra has recieved totaling $113,163.
| Awarding Organization | Amount |
|---|---|
William Penn Foundation Philadelphia, PA PURPOSE: TUNE UP | $50,000 |
William Penn Foundation Philadelphia, PA PURPOSE: TUNE UP | $50,000 |
Leroy E Kean Family Foundation Philadelphia, PA PURPOSE: GENERAL SUPPORT | $5,000 |
Howell Lockhart Seiple Tr 1 Ud Fbo Leonore Dinkley Seiple Las Vegas, NV PURPOSE: GENERAL OPERATING | $3,000 |
Mcginley Family Foundation Ardmore, PA PURPOSE: CULTURAL | $2,500 |
Horner Foundation Radnor, PA PURPOSE: ENTITY SUPPORT | $1,200 |
Endowment Analysis
| Beg. Balance | $1,040,000 |
| Net Contributions | $149,453 |
| Ending Balance | $1,189,453 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baltimore Symphony Orchestra Inc Baltimore, MD | $16,033,795 | $20,177,740 |
New Jersey Symphony Orchestra Newark, NJ | $12,634,412 | $12,910,552 |
Buffalo Philharmonic Orchestra Society Inc Buffalo, NY | $15,185,404 | $13,394,584 |
Columbus Symphony Orchestra Inc Columbus, OH | $23,849,025 | $7,378,126 |
Rochester Philharmonic Orchestra Inc Rochester, NY | $20,757,567 | $7,702,051 |
Dayton Performing Arts Alliance Dayton, OH | $10,536,333 | $6,130,805 |
National Philharmonic Orchestra & Chorale Of Mongomery County Inc North Bethesda, MD | $1,849,727 | $2,888,620 |
Orpheus Chamber Orchestra Inc New York, NY | $1,908,737 | $3,345,104 |
Musical Associates Of Central New York Inc Syracuse, NY | $3,413,784 | $4,180,183 |
West Virginia Symphony Orchestra Inc Charleston, WV | $1,691,632 | $2,378,375 |
Harrisburg Symphony Association Harrisburg, PA | $13,261,535 | $3,046,479 |
Allentown Symphony Association Inc Allentown, PA | $15,521,853 | $2,408,487 |