Boise Philharmonic Association Inc
- Assets
- $1.6m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 179
- Location
- Boise, ID
- Founding
- 01/1961
- Data as of
- 06/2023
- EIN
- 82-6006000
Organization Overview
Boise Philharmonic Association Inc is located in Boise, ID. The organization was established in 1961. 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 06/2023, Boise Philharmonic Association Inc employed 179 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boise Philharmonic 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 06/2023, Boise Philharmonic Association Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $2.9m during the year ending 06/2023. While expenses have increased by 8.5% 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 MISSION OF THE BOISE PHILHARMONIC ASSOCIATION, INC., IS TO PERFORM ORCHESTRAL MUSIC AND EDUCATE COMMUNITY MEMBERS REGARDING ORCHESTRAL MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE THE ORCHESTRA FOR THE ENRICHMENT OF THE COMMUNITY; PROMOTE THE DEVELOPMENT OF YOUNG MUSICIANS THROUGH THE OPERATION OF THE YOUTH ORCHESTRA; EDUCATE CHILDREN AND ADULTS THROUGH LECTURES, PERFORMANCES AND WORKSHOPS IN SCHOOLS, AND PERFORMANCE OF EDUCATIONAL CONCERTS TARGETED TO SPECIFIC AGE GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Garcia Music Director | 10 | $106,575 | |
Timothy Young Executive Director | Officer | 50 | $55,968 |
Erin Paradis Interim Executive Director | Officer | 50 | $42,774 |
Laura Reynolds Executive Director | Officer | 50 | $40,886 |
Brandon Snodgrass President/director | Trustee | 2 | $0 |
Rachel Raburn Treasurer/director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $70,150 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,589,266 |
| Noncash contributions included in lines 1a–1f | $913 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,659,416 |
| Total Program Service Revenue | $835,100 |
| Investment income | $24,643 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $33,381 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $325 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,552,865 |
| 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. | $248,800 |
| Compensation of current officers, directors, key employees. | $54,588 |
| Compensation to disqualified persons | $1,606,363 |
| Other salaries and wages | $13,671 |
| Pension plan accruals and contributions | $95,092 |
| Other employee benefits | $139,799 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,871 |
| Fees for services: Accounting | $37,048 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,316 |
| Fees for services: Other | $164,344 |
| Advertising and promotion | $101,532 |
| Office expenses | $133,844 |
| Information technology | $52,179 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $462 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,556 |
| Insurance | $11,732 |
| All other expenses | $0 |
| Total functional expenses | $2,903,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,070 |
| Savings and temporary cash investments | $5,785 |
| Pledges and grants receivable | $274,334 |
| Accounts receivable, net | $171,051 |
| 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 | $23,655 |
| Net Land, buildings, and equipment | $11,304 |
| Investments—publicly traded securities | $1,062,087 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,617,286 |
| Accounts payable and accrued expenses | $95,935 |
| Grants payable | $0 |
| Deferred revenue | $519,904 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $61,346 |
| 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 | $677,185 |
| Net assets without donor restrictions | $685,083 |
| Net assets with donor restrictions | $255,018 |
| 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 | $1,617,286 |