Philadelphia Sinfonia Association Inc
- Assets
- $423.2k
- Revenue
- $469.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Philadelphia, PA
- Founding
- 04/1998
- Data as of
- 08/2023
- EIN
- 23-2924757
Organization Overview
Philadelphia Sinfonia Association Inc is located in Philadelphia, PA. The organization was established in 1998. 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 08/2023, Philadelphia Sinfonia Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Sinfonia Association Inc 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 08/2023, Philadelphia Sinfonia Association Inc generated $469.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $442.1k during the year ending 08/2023. While expenses have increased by 6.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION SUPPORTS THE ARTISTIC GROWTH OF YOUNG MUSICIANS FROM A DIVERSE STUDENT POPULATION IN THE DELAWARE VALLEY BY PROVIDING OPPORTUNITIES FOR HIGH-LEVEL ENSEMBLE EXPERIENCE IN A SUPPORTIVE EDUCATIONAL ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED YOUNG MUSICIANS BETWEEN THE AGES OF 12-23 WHO ARE CAPABLE OF PERFORMING ORCHESTRAL MUSIC, THE OPPORTUNITY TO REHEARSE AND PERFORM AS AN ENSEMBLE YOUTH ORCHESTRA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Hummel Executive Di | Officer | 40 | $61,250 |
Christina Breslin-Frankel Director | Trustee | 5 | $0 |
Carol Brown Director | Trustee | 5 | $0 |
Amanda Ciktor Director | Trustee | 5 | $0 |
Dawn Evans President | OfficerTrustee | 5 | $0 |
Frances Han Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $80,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,862 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,462 |
| Total Program Service Revenue | $262,669 |
| Investment income | $314 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $469,445 |
| 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. | $64,000 |
| Compensation of current officers, directors, key employees. | $18,463 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $132,081 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,892 |
| Payroll taxes | $15,926 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,353 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,350 |
| Advertising and promotion | $30,699 |
| Office expenses | $15,827 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $57,435 |
| Travel | $0 |
| 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 | $2,954 |
| Insurance | $5,234 |
| All other expenses | $24,689 |
| Total functional expenses | $442,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $390,280 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $22,457 |
| Net Land, buildings, and equipment | $10,452 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $423,189 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $203,577 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $203,577 |
| Net assets without donor restrictions | $219,612 |
| Net assets with donor restrictions | $0 |
| 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 | $423,189 |