Los Angeles Virtuosi Orchestra Inc
- Assets
- $233.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 37-1746111
Organization Overview
Los Angeles Virtuosi Orchestra Inc is located in Beverly Hills, CA. The organization was established in 2015. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles Virtuosi Orchestra 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 12/2021, Los Angeles Virtuosi Orchestra Inc generated $97.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $80.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO SERVE AS A CATALYST IN REAFFIRMING, ADVOCATING AND SUPPORTING MUSIC EDUCATION IN SCHOOLS AND IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlo Ponti Jr Chief Executive Officer | 20 | $0 | |
David Kenneth Waldman Secretary | 2 | $0 | |
Richard Walker President | 2 | $0 | |
Jeanne Pocras Treasurer | 2 | $0 | |
Anna Levin Chief Financial Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,837 |
| Total Program Service Revenue | $3,252 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,110 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,791 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,814 |
| Total expenses | $80,605 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $233,119 |
| Other assets | $0 |
| Total assets | $233,119 |
| Total liabilities | $15,933 |
| Net assets or fund balances | $217,186 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Los Angeles Virtuosi Orchestra Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Peter W Mullin Family Charitable Foundation Oxnard, CA PURPOSE: SUPPORT FOR THE MUSIC EDUCATION FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Diego Symphony Foundation San Diego, CA | $121,018,561 | $925,945 |
Philharmonia Baroque Orchestra & Chorale San Francisco, CA | $8,005,058 | $4,824,687 |
Santa Rosa Symphony Association Santa Rosa, CA | $23,001,628 | $6,302,463 |
Tucson Symphony Society Tucson, AZ | $15,428,177 | $6,501,284 |
Phoenix Symphony Association Phoenix, AZ | $1,368,252 | $4,890,998 |
Pasadena Symphony Association Pasadena, CA | $11,596,205 | $5,563,647 |
Santa Barbara Symphony Orchestra Association Santa Barbara, CA | $1,028,763 | $2,763,199 |
The Los Angeles Chamber Orchestra Society Inc Los Angeles, CA | $5,194,806 | $3,490,076 |
Eugene Symphony Association Inc Eugene, OR | $630,258 | $3,023,786 |
Hawaii Symphony Orchestra Honolulu, HI | $1,894,808 | $3,427,588 |
Philharmonic Society Of Orange County Irvine, CA | $2,790,910 | $2,557,738 |
San Diego Youth Symphony San Diego, CA | $3,933,341 | $2,245,854 |