Los Angeles Philharmonic Association

Organization Overview

Los Angeles Philharmonic Association is located in Los Angeles, CA. The organization was established in 1935. 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 09/2019, Los Angeles Philharmonic Association employed 2,696 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 09/2019, Los Angeles Philharmonic Association generated $187.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $166.3m during the year ending 09/2019. While expenses have increased by 5.0% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

LA PHILHARMONIC ASSOCIATION'S MISSION IS TO PERFORM, PRESENT, AND PROMOTE MUSIC IN ITS MANY VARIED FORMS AT THE HIGEST LEVEL OF EXCELLENCE TO A LARGE & DIVERSE AUDIENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PERFORMANCES AT THE WALT DISNEY CONCERT HALL AND HOLLYWOOD BOWL BY THE LOS ANGELES PHILHARMONIC ORCHESTRA, THE HOLLYWOOD BOWL ORCHESTRA, AND VARIOUS POP, JAZZ, AND WORLD ARTISTS, AS WELL AS DOMESTIC AND INTERNATIONAL TOURS BY THE LOS ANGELES PHILHARMONIC ORCHESTRA.


TRAINING OF AND PERFORMANCES BY YOUTH ORCHESTRA LOS ANGELES.


OTHER PERFORMANCES INCLUDING LEASE EVENTS HOSTED BY THIRD-PARTY PROMOTERS, AS WELL AS OTHER PERFORMANCE-RELATED ACTIVITIES INCLUDING CONCESSIONS, PARKING, RECORDING, AND ROYALTIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Contemporary Services Corporation
Security
$3,697,963
Sda Teleservices
Fundraising
$1,819,067
Transit Systems Unlimited
Shuttles & Buses
$1,784,966
Centro Inc
Advertising
$1,760,761
Palisades Media Group Inc
Advertising
$1,136,945
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$66,047,501
Investment income $6,604,181
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,364,801
Net Income from Fundraising Events -$1,181,411
Net Income from Gaming Activities $5,850
Net Income from Sales of Inventory $498,727
Miscellaneous Revenue$0
Total Revenue $187,166,290

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Los Angeles Philharmonic Association has recieved totaling $3,571,293.

Awarding OrganizationAmount
Music Center Foundation

Los Angeles, CA

PURPOSE: GENERAL SUPPORT

$3,221,364
Ronald And Valerie Sugar Family Foundation

New York, NY

PURPOSE: UNRESTRICTED GENERAL

$160,000
Hyman Levine Family Foundation Ldor Vdor

Beverly Hills, CA

PURPOSE: CHARITY/EDUCATION

$55,000
Jose Iturbi Foundation

Pacoima, CA

PURPOSE: CHARITABLE SUPPORT OF CLASSICAL MUSIC

$30,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$26,762
Harman Family Foundation

Los Angeles, CA

PURPOSE: MUSIC EDUCATION

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$280,528,057
Earnings$10,347,566
Net Contributions$19,566,972
Other Expense$12,826,198
Ending Balance$297,616,397

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