The Orlando Philharmonic Orchestra Inc

Analysis

The Orlando Philharmonic Orchestra Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Orlando Philharmonic Orchestra Inc reported income of $5.6m and spending of $6.5m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $5.6m (+24%), an average of +5.5% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Orlando Philharmonic Orchestra Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Opera Colorado ($5.6m), The Brinton Museum Endowment Fund ($5.6m) and Lighthouse Support ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $401k (6.2% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $5.9m against liabilities of $979k, net assets of $5.0m. It reported 258 employees.