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Philharmonic-Symphony Society of New YORK INC

Public charityFed auditsIRS 990990-T FY2023
DBA: % ASHLEY PENA
Other · NEW YORK, NY · EIN 13-1664054

About

During the 2023/2024 season 104 regular subscription concerts were performed for a listening audience of 200,240. The new YORK philharmonic concert performances maintain and foster an interest in symphonic music for individuals of diverging cultures and backgrounds. The new YORK philharmonic sponsors a number of educational programs for children and adults. Some of these programs are as follows: teachers seminars are open to both music and NON-music teachers. These professional development seminars explore basic principles of music, and the repertoire of the new YORK philharmonic. Each seminar is taught by a faculty member of the philharmonic's education department and is followed by an evening concert by the new YORK philharmonic. The new YORK philharmonic supports a partnership program with a number of new YORK city public schools. The goals of the program are (a) to build a fundamental knowledge of music, of a symphony orchestra and its repertoire among teachers, students and parents; (b) to develop an ongoing multi-year relationship with a BODY of schools in new YORK city; and (c) to SET a standard of excellence which defines a community. The program involves professional development for teachers, workshop for parents, and ongoing in-school sessions for students shared by their teachers and teaching artists from the new YORK philharmonic. Open rehearsals. School groups and the general public are invited on selected mornings to watch the fascinating process of a new YORK philharmonic rehearsal. Young peoples concerts are formed to introduce young listeners to some of the great masterworks of orchestra, and some of the world's great musicians. Written materials are distributed to the children at the concerts. Before each young peoples concert, families CAN enjoy children's promenades, featuring a colorful hour of exciting demonstrations, music-making activities and a chance for children to meet members of the orchestra. Four concerts were performed this season with 7,092 individuals. In 2005-06 the orchestra introduced very young people's concerts for preschoolers. SIX live concerts reached an audience of 2,634 people. The new YORK philharmonic periodically makes recordings of its performance for international sales and broadcasts its performances over the radio nationally and internationally. These recordings brings classical music to people ALL over the world and foster their appreciation of symphonic music and repertoire. Each season the new YORK philharmonic orchestra goes on TOUR inside and outside the united states. The tours helps to foster the global reputation of the new YORK philharmonic by bringing classical music to a broader audience and different cultures. Fourteen TOUR concerts were enjoyed by an audience of over 19,049 people.

In care of Ashley PENA

Donations are tax-deductible
Category
Other
Employees
790
Volunteers
111

Financial Snapshot

FY ending 2024-08-31
Revenue
$113.9M
Expenses
$96.2M
Assets
$604.6M
Liabilities
$106.8M

Financial history

$138.6M$69.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $113.9M · Peak FY2021: $138.6M · Avg: $105.0M

Foreign activity (Schedule F)

Total spent abroad$38.5M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
EUROPE (INCLUDING ICELAND & GREENLAND)
CENTRAL AMERICA AND THE CARIBBEAN
NORTH AMERICA
EAST ASIA AND THE PACIFIC
PHILHARMONIC-SYMPHONY SOCIETY OF NEW YORK INC
Your actions

Address

10 Lincoln Center Plaza
New YORK, NY, 10023-691

Governance

Voting board members60
Independent members60
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
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %5.5%
Permanent endowment %75.6%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$540K
Net to org$274K
Retained by contractors$266K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
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