Philadelphia Orchestra Association
69% goes to programs $9 to raise $100 Strong reserves Growing revenue
Philadelphia Orchestra Association is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1937, with $84,378,360 in FY2023 revenue. CharityIndex grades it A, and it directs about 69% of spending to programs.
300 S Broad St, Philadelphia, PA, 19102 EIN 23-1352289 Since 1937
Revenue (FY2023)
$84.4M
▲ 52.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$64.8M
Net assets
$209.8M
Employees
537
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating69% to programs · $9 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Philadelphia Orchestra Association: 69% to programs · $9 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating39 mo reserves · +23% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Philadelphia Orchestra Association: 39 mo reserves · +23% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Philadelphia Orchestra Association: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Philadelphia Orchestra Association: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To share the transformative power of music with the widest audience
Contact & location
- Address
- 300 S Broad St, Philadelphia, PA, 19102
- City
- Philadelphia
- State
- Pennsylvania
- Category
- Arts, Culture & Humanities
- Subcategory
- Performing Arts
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $52.7M (FY2013) to $84.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $24.6MNet assets $209.8M
Operating margin
23.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$234.5M
Total liabilities
$24.6M
Net assets
$209.8M
Salaries & benefits
$37.7M
58% of expenses
Board members
14
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $84,378,360▲52.8% | $64,803,791▲11.8% | $209,827,716▲10.4% | $234,452,476▲9.2% | 990 |
| 2022 | $55,220,839▼28.1% | $57,958,223▲8.1% | $190,051,709▲5.4% | $214,658,723▲8.5% | 990 |
| 2021 | $76,775,994▲86.7% | $53,622,188▲56.1% | $180,326,580▼2.3% | $197,766,914▼6.5% | 990 |
| 2020 | $41,118,272▼4.0% | $34,350,257▼23.9% | $184,515,691▲27.4% | $211,538,479▲27.9% | 990 |
| 2019 | $42,819,632▼56.7% | $45,143,785▼12.4% | $144,813,571▲9.3% | $165,453,713▲7.6% | 990 |
| 2018 | $98,848,643▲85.9% | $51,535,002▼1.8% | $132,550,580▲52.7% | $153,772,760▲45.3% | 990 |
| 2017 | $53,174,562▼4.0% | $52,489,362▲3.7% | $86,778,035▼1.8% | $105,857,909▼1.6% | 990 |
| 2016 | $55,386,399▼2.4% | $50,597,401 | $88,396,259▲15.0% | $107,621,226▲11.8% | 990 |
| 2015 | $56,730,469▼2.6% | $50,593,583▲1.5% | $76,880,377▲8.9% | $96,257,537▲5.7% | 990 |
| 2014 | $58,250,826▲10.6% | $49,826,461▲9.8% | $70,602,151▲0.7% | $91,025,521▲5.2% | 990 |
| 2013 | $52,681,849 | $45,366,875 | $70,111,154▲13.1% | $86,505,747▲5.4% | 990 |
| 2012 | — | $45,369,083▼20.7% | $61,983,185▲12.9% | $82,043,937▲8.2% | 990 |
| 2011 | — | $57,182,000▲11.4% | $54,883,000▼35.1% | $75,839,000▼34.7% | 990 |
| 2010 | — | $51,326,000▲11.8% | $84,529,000▲3.8% | $116,148,000▲2.2% | 990 |
| 2009 | — | $45,893,000 | $81,457,000 | $113,608,000 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Matias Tarnopolsky — $918,657 (1.42% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Matias Tarnopolsky | Board Member/pres and Ceo | 20 | $918,657 |
| David Kim | Concert Mstr | 38 | $459,687 |
| Ryan Fleur | Executive Director/coo | 40 | $440,479 |
| Ricardo Morales | Musician | 40 | $394,898 |
| Mario Mestichelli | Bd Mbr(non-voting)/cfo/treas | 20 | $368,363 |
| Jennifer Montone Ressler | Musician | 40 | $333,349 |
| Jeffrey Khaner | Musician | 40 | $329,621 |
| Philippe Tondre | Musician | 40 | $322,623 |
| Mitchell Bassion | Secretary | 40 | $270,303 |
| Adrienne Simpson | Board Member | 2 | — |
| Anne C Ewers | Board Member (thru 12/23) | 2 | — |
| Brook Lenfest | Board Member | 5 | — |
| Caroline B Rogers | Board Member | 2 | — |
| Elizabeth Murphy | Board Member (thru 06/24) | 5 | — |
| Erika H James Phd | Board Member (as of 02/24) | 5 | — |
| Jami Wintz Mckeon | Board Member | 5 | — |
| John Fry | Board Member (as of 01/24) | 5 | — |
| Julia Haller Md | Board Member | 2 | — |
| Mark S Dichter | Board Member | 5 | — |
| Michael Zisman | Board Member | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Trav Tours Inc | Tour Management | $816,795 |
| Opus 3 Artists LLC | Artist Management | $785,651 |
| Morgan Lewis & Bockius LLP | Legal | $646,175 |
| Faegre Drinker Biddle & Reath LLP | Legal | $578,588 |
| Allied Global Marketing | Marketing and Advertising | $494,292 |
Grants received · $77.1M total
110 grants to Philadelphia Orchestra Association totaling $77.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Kansas City Community Foundation | Arts & culture | 2024 | $1,500,000 |
| Pew Charitable Trusts | Civic life | 2024 | $216,000 |
| American Online Giving Foundation Inc | General support | 2024 | $13,934 |
| Charities Aid Foundation America | Charitable donation | 2024 | $13,174 |
| Philadelphia Foundation | General operating support | 2024 | $10,074 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Pew Charitable Trusts | Civic life | 2023 | $500,000 |
| National Philanthropic Tr | Education | 2023 | $437,173 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $213,951 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $196,875 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $154,900 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $59,000 |
| American Online Giving Foundation Inc | General support | 2023 | $27,883 |
| Jewish Federation of Greater Philadelphia | Endowments, donor advised funds (dafs), restricted gifts, and strategy and impact | 2023 | $21,250 |
| Philadelphia Foundation | General operating support | 2023 | $12,066 |
Grants made · $50K in FY2023
1 grant totaling $50K in FY2023. All grants made by Philadelphia Orchestra Association →
| Recipient | Purpose | Amount |
|---|---|---|
| United Negro College Fund Inc | Endowed scholarship | $50,000 |
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Compare Philadelphia Orchestra Association
Frequently asked questions
- Is Philadelphia Orchestra Association a legitimate nonprofit?
- Yes. Philadelphia Orchestra Association is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-1352289, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Philadelphia Orchestra Association's EIN?
- Philadelphia Orchestra Association's Employer Identification Number (EIN) is 23-1352289.
- How much revenue does Philadelphia Orchestra Association report?
- Philadelphia Orchestra Association reported $84,378,360 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Philadelphia Orchestra Association's spending goes to programs?
- Philadelphia Orchestra Association spends about 69% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Philadelphia Orchestra Association have?
- CharityIndex grades Philadelphia Orchestra Association A, based on program efficiency and fundraising cost.
- How much does Philadelphia Orchestra Association's highest-paid employee make?
- The highest reported compensation on Philadelphia Orchestra Association's latest Form 990 is $918,657, paid to Matias Tarnopolsky (Board Member/pres and Ceo).
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Data for Philadelphia Orchestra Association (EIN 23-1352289) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.