Philharmonic Society Of Orange County
- Assets
- $2.8m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 26
- Location
- Irvine, CA
- Founding
- 07/1955
- Data as of
- 06/2021
- EIN
- 95-1805452
Organization Overview
Philharmonic Society Of Orange County is located in Irvine, CA. The organization was established in 1955. 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, Philharmonic Society Of Orange County employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philharmonic Society Of Orange County 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, Philharmonic Society Of Orange County generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 6 years. 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
TO FOSTER AN APPRECIATION FOR MUSIC BY PRESENTING PERFORMANCES AND MUSIC EDUCATION PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONCERTS - SPONSORS WORLD-CLASS ORCHESTRAS AND OTHER MUSICAL PERFORMANCES FOR ARTISTIC AND MUSICAL ENRICHMENT OF ORANGE COUNTY, CA.
YOUTH PROGRAMS - SPONSORS FREE MUSICAL CONCERTS, PROGRAMS, AND EDUCATION TO PROMOTE MUSICAL APPRECIATION TO ORANGE COUNTY SCHOOLCHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Phillips President | Officer | 40 | $234,002 |
Jean Hsu COO | Officer | 32 | $104,650 |
Roan Alombro VP Of Finance | Officer | 28 | $86,235 |
Kimberly Bernatz Past Chair | OfficerTrustee | 1 | $0 |
Donna Kendall Chairperson | OfficerTrustee | 1 | $0 |
Stephen Amendt Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
La Philharmonic Association Artist Fees | 6/29/20 | $140,000 |
Opus 3 Artists Llc Artist Fees | 6/29/20 | $164,000 |
La Philharmonic Association Artist Fees | 6/29/20 | $140,000 |
Opus 3 Artists Llc Artist Fees | 6/29/20 | $164,000 |
Columbia Artists Management Artist Fees | 6/29/20 | $100,000 |
Opus 3 Artists Llc Artist Fees | 6/29/20 | $164,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $97,707 |
| Fundraising events | $86,928 |
| Related organizations | $0 |
| Government grants | $337,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,660,956 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,183,091 |
| Total Program Service Revenue | $442,219 |
| Investment income | $30,970 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$98,542 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,557,738 |
| 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. | $411,637 |
| Compensation of current officers, directors, key employees. | $108,064 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $665,856 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $73,907 |
| Payroll taxes | $76,992 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,348 |
| 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 | $40,470 |
| Information technology | $34,822 |
| Royalties | $0 |
| Occupancy | $94,776 |
| Travel | $149 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,344 |
| Insurance | $40,201 |
| All other expenses | $58,401 |
| Total functional expenses | $2,329,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $822,689 |
| Savings and temporary cash investments | $1,255,639 |
| Pledges and grants receivable | $387,283 |
| Accounts receivable, net | $58,631 |
| 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 | $37,359 |
| Net Land, buildings, and equipment | $6,521 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $222,788 |
| Total assets | $2,790,910 |
| Accounts payable and accrued expenses | $130,477 |
| Grants payable | $0 |
| Deferred revenue | $413,527 |
| 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 | $287,500 |
| Other liabilities | $0 |
| Total liabilities | $831,504 |
| Net assets without donor restrictions | $762,943 |
| Net assets with donor restrictions | $1,196,463 |
| 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 | $2,790,910 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Philharmonic Society Of Orange County has recieved totaling $277,016.
| Awarding Organization | Amount |
|---|---|
Donna L Kendall Foundation Corona Del Mar, CA PURPOSE: 2020 - 2021 DLK CLASSIC SERIES SPONSORSHIP; LAGUNA MUSIC FESTIVAL PRELUDE; OC MUSIC CLASS ROOM DEMOS; CALDER QUARTET | $157,500 |
Jewish Community Foundation Of Orange County Irvine, CA PURPOSE: DONATION | $38,103 |
Colburn Foundation Beverly Hills, CA PURPOSE: SUPPORT OF THE CLASSICAL ARTS | $37,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $19,200 |
William Ross Family Foundation Long Beach, CA PURPOSE: DONATION | $10,000 |
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $6,000 |
Endowment Analysis
| Beg. Balance | $104,423 |
| Ending Balance | $104,423 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Diego Symphony Orchestra Association San Diego, CA | $168,111,113 | $56,683,795 |
Oregon Symphony Association Portland, OR | $27,740,551 | $13,773,397 |
Pacific Symphony Irvine, CA | $52,133,763 | $17,603,170 |
San Diego Symphony Foundation San Diego, CA | $121,018,561 | $925,945 |
Philharmonia Baroque Orchestra & Chorale San Francisco, CA | $8,005,058 | $4,824,687 |
Santa Rosa Symphony Association Santa Rosa, CA | $23,001,628 | $6,302,463 |
Tucson Symphony Society Tucson, AZ | $15,428,177 | $6,501,284 |
Phoenix Symphony Association Phoenix, AZ | $1,368,252 | $4,890,998 |
Pasadena Symphony Association Pasadena, CA | $11,596,205 | $5,563,647 |
Santa Barbara Symphony Orchestra Association Santa Barbara, CA | $1,028,763 | $2,763,199 |
The Los Angeles Chamber Orchestra Society Inc Los Angeles, CA | $5,194,806 | $3,490,076 |
Eugene Symphony Association Inc Eugene, OR | $630,258 | $3,023,786 |