The Orlando Philharmonic Orchestra Inc
- Assets
- $6.9m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 292
- Location
- Orlando, FL
- Founding
- 08/1991
- Data as of
- 06/2021
- EIN
- 59-3058884
Organization Overview
The Orlando Philharmonic Orchestra Inc is located in Orlando, FL. The organization was established in 1991. 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 06/2021, Orlando Philharmonic Orchestra Inc employed 292 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orlando Philharmonic Orchestra Inc 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 06/2021, Orlando Philharmonic Orchestra Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $4.5m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORLANDO PHILHARMONIC ORCHESTRA IS CENTRAL FLORIDAS RESIDENT PROFESSIONAL ORCHESTRA. ITS MISSION IS TO FOSTER AND PROMOTE SYMPHONIC MUSIC THROUGH EXCELLENCE IN PERFORMANCE, EDUCATION AND CULTURAL LEADERSHIP. EACH SEASON, THE PHILHARMONIC BRINGS LIVE SYMPHONIC MUSIC AND WORLD-CLASS ARTISTS TO THOUSANDS OF CENTRAL FLORIDA RESIDENTS, PROVIDING AN ENRICHING SOCIAL EXPERIENCE FOR THE COMMUNITY. THE ORLANDO PHILHARMONIC IS DEDICATED TO BEING BOTH SOCIALLY AND FINANCIALLY RESPONSIBLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SYMPHONIC CONCERTS FOR CENTRAL FLORIDA THE ORLANDO PHILHARMONIC CONCERTS OFFER SOMETHING FOR EVERYONE - FROM CLASSICAL TO POPS, FROM CHAMBER MUSIC TO CHAMBER ORCHESTRA, FROM SERIOUS TO FUN - THE SYMPHONY IS FOR EVERYONE DONATED SERVICES ASSOCIATED WITH THIS ARE VALUED AT 42,935.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Jacobsen Music Direct | 40 | $119,999 | |
Paul Helfrich Executive Di | 40 | $106,433 | |
Michele Napier Treasurer | OfficerTrustee | 5 | $0 |
Larry Kellogg Secretary | OfficerTrustee | 5 | $0 |
Melody B Lynch President | OfficerTrustee | 20 | $0 |
Joanne Grant President Of | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $600,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,645,892 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,245,892 |
| Total Program Service Revenue | $1,112,183 |
| Investment income | $98,113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $99,473 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,632,792 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,065,777 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,989 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $267,498 |
| Office expenses | $29,101 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,191 |
| Travel | $26,682 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,462 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,607 |
| Insurance | $85,194 |
| All other expenses | $225,522 |
| Total functional expenses | $4,488,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $741,698 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $876,660 |
| 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 | $65,771 |
| Net Land, buildings, and equipment | $35,773 |
| Investments—publicly traded securities | $4,299,317 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $925,000 |
| Total assets | $6,944,219 |
| Accounts payable and accrued expenses | $200,738 |
| Grants payable | $0 |
| Deferred revenue | $436,231 |
| 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 | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $786,969 |
| Net assets without donor restrictions | $4,176,425 |
| Net assets with donor restrictions | $1,980,825 |
| 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 | $6,944,219 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that The Orlando Philharmonic Orchestra Inc has recieved totaling $1,101,082.
| Awarding Organization | Amount |
|---|---|
United Arts Of Central Florida Inc Orlando, FL PURPOSE: GENERAL SUPPORT/PROGRAMMING | $874,092 |
Kay Hardesty Logan Foundation Alexandria, VA PURPOSE: 2021 EDUCATION PROGRAMS | $55,000 |
Elizabeth Morse Genius Foundation Winter Park, FL PURPOSE: CONCERT SUPPORT | $40,000 |
Cornelia T Bailey Charitable Trust West Palm Beach, FL PURPOSE: 2021 YOUNG PEOPLE'S CONCERT | $25,000 |
Pabst Steinmetz Foundation Inc Winter Park, FL PURPOSE: GENERAL | $25,000 |
Chesley Magruder Foundation Orlando, FL PURPOSE: GENERAL OPERATING | $15,000 |
Endowment Analysis
| Beg. Balance | $1,764,510 |
| Earnings | $116,315 |
| Ending Balance | $1,880,825 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jacksonville Symphony Association Jacksonville, FL | $14,561,376 | $11,991,040 |
Florida Orchestra Inc St Petersburg, FL | $17,821,899 | $8,292,788 |
Florida West Coast Symphony Inc Sarasota, FL | $33,277,421 | $26,320,822 |
The Orlando Philharmonic Orchestra Inc Orlando, FL | $6,944,219 | $4,632,792 |
Alabama Symphonic Association Inc Birmingham, AL | $2,772,905 | $5,743,069 |
The Palm Beach Symphony Society Inc West Palm Beach, FL | $3,120,506 | $3,215,175 |
Augusta Symphony Inc Augusta, GA | $19,725,932 | $3,708,047 |
Mobile Symphony Inc Mobile, AL | $1,270,022 | $2,012,590 |
Ocala Symphony Orchestra Inc Ocala, FL | $5,499,997 | $3,987,306 |
Venice Symphony Inc Venice, FL | $3,987,388 | $2,493,315 |
All Florida Youth Orchestra Hollywood, FL | $1,150,725 | $1,869,716 |
Huntsville Symphony Orchestra Association Huntsville, AL | $930,453 | $1,719,039 |