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New World Symphony INC

Public charity990-T FY2023
DBA: % DAVID PHILLIPS
Other · MIAMI BEACH, FL · EIN 59-2809056

About

The mission of the new world symphony is to prepare graduates of music programs for leadership roles in orchestras and ensembles around the world. The new world symphony, america's orchestral academy (NWS), offers a three-year postgraduate fellowship program focusing on orchestral performance and musicianship, audition preparation, audience and community engagement, leadership development, and wellness. CO-founded in 1987 by michael tilson thomas and TED and LIN arison, and now under the artistic directorship of stephane deneve, NWS seeks to expand its 87 fellows' musical and professional horizons beyond traditional conservatory training. Visiting faculty offer master classes, coaching, and seminars in audition training, performance psychology, communications, and community engagement. NWS fellows perform weekly concerts, playing a diverse repertoire in an array of performance formats. NWS envisions a strong and secure future for classical music, seeking to redefine, reaffirm, and share its traditions with as many people as possible. NWS's campus, new world center, opened in january 2011 to worldwide acclaim. The facility was built based UPON the needs of NWS programming and invites and encourages the organization's use of technology for arts education, audience development, and community outreach and engagement. Using digital technology, video, moving images, and lighting, NWS is broadening and diversifying audiences for classical music. NWS is a member in good standing of the league of american orchestras, an organization founded to facilitate the exchange of information and ideas related to artistic, volunteer, and managerial topics among u.s. Orchestras. NWS is also an accredited NON-degree granting member of the national association of schools of music.

In care of David Phillips

Donations are tax-deductible
Category
Other
Employees
111
Volunteers
47

Financial Snapshot

FY ending 2024-06-30
Revenue
$34.5M
Expenses
$25.1M
Assets
$297.7M
Liabilities
$12.7M

Financial history

$46.4M$23.2M$0
1718192021222324
RevenueExpenses
Latest FY2024: $34.5M · Peak FY2022: $46.4M · Avg: $23.5M

Foreign activity (Schedule F)

Total spent abroad$30.7M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,
SOUTH AMERICA

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$1.9M
NEW WORLD SYMPHONY INC
Your actions

Address

500 17TH ST
Miami Beach, FL, 33139-186

Governance

Voting board members33
Independent members33
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %5.3%
Permanent endowment %77.1%
Endowment held by related orgNo
Public records
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