Arts, Culture & Humanities
(A690)
IRS Verified
DX Registered
990 on File
LAS VEGAS PHILHARMONIC
Financial strength (30%)
48/100
Reliability (20%)
55/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Las Vegas Philharmonic inspires a lifelong appreciation of music through performances and educational experiences that enrich lives and strengthen our community. As Southern Nevada's professional orchestra, we present world-class concerts, bring music education directly into schools, and expand access to the arts through outreach programs that foster creativity, connection, and cultural vitality for audiences of all ages.
Financial Overview — FY 2023
$2.4M
Total Revenue
$2.4M
Total Expenses
$99K
Net Assets
163
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
64.3%
Fundraising Efficiency
80.9%
Operating Reserve
0.50x
Liability-to-Asset
89.8%
Revenue Diversification
54.1%
Executive Compensation
$358K
Compared with Peers
FY 2023
Compared with 4,649 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M 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
|
64.3% | 77.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
27.7% | 14.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.0% | 5.5% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
80.9% | 251.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.5 mo | 16.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
89.8% | 10.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
54.1% | 74.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-2.9% | 3.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.6% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.9% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $2.4M | $2.4M | $99K | 64.3% | 163 |
| 2022 | $2.4M | $2.3M | $113K | 60.7% | 128 |
| 2021 | $2.9M | $1.0M | N/A | — | 171 |
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