Arts, Culture & Humanities
(A690)
IRS Verified
DX Registered
990 on File
PHILHARMONIC SOCIETY OF N E PENNA
Financial strength (30%)
92/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The NEPA Philharmonic’s mission is to present live symphonic performances and music education at the highest level of artistic excellence, enriching, and engaging the people of our region.
Financial Overview — FY 2023
$578K
Total Revenue
$623K
Total Expenses
$392K
Net Assets
164
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.7%
Fundraising Efficiency
N/A
Operating Reserve
7.54x
Liability-to-Asset
24.7%
Revenue Diversification
71.5%
Executive Compensation
$72K
Compared with Peers
FY 2023
Compared with 16,962 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.7% | 81.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.0% | 14.0% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.2% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.5 mo | 10.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
24.7% | 1.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
71.5% | 79.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
33.7% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
20.1% | 13.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.6% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $578K | $623K | $392K | 80.7% | 164 |
| 2022 | $433K | $518K | $397K | 78.0% | 82 |
| 2021 | $370K | $215K | N/A | — | 59 |
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