NORTH SHORE PHILHARMONIC ORCHESTRA INC

EIN: 042512417 501(c)(3)

Marblehead, MA

Total Revenue
$245,769
Total Expenses
$45,536
Total Assets
$205,066
Net Assets
$205,066
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
MA
Principal Officer
Robert A Marra Jr
Phone
7817183294
Tax Period
2023-07-01 to 2024-06-30

NORTH SHORE PHILHARMONIC ORCHESTRA INC, founded in 1947, is a small nonprofit that reported $246K in total revenue in fiscal year 2023. Revenue surged 575% from the prior year, signaling strong growth momentum. The organization ran a surplus of $200K, a strong 81% operating margin.

Mission

The NSPO is a largely volunteer community orchestra committed to providing quality music at affordable prices; to developing and training young musicians; and to providing a large range of programming for the North Shore's diverse population.

Program Service Accomplishments

Program 1
Expenses: $11,437 Revenue: $6,665

A concert of classical music was performed for a local audience of about 350 people of all ages, including seniors bused to the venue by their residences. Per our mission, ticket prices were well...

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A concert of classical music was performed for a local audience of about 350 people of all ages, including seniors bused to the venue by their residences. Per our mission, ticket prices were well below typical ticket prices for similar events. The orchestra performed Faure's Masques et Burgamasques, Chaminade's seldom heard Concertino for Flute and Orchestra, and Brahms' Symphony No. 4. Members of the orchestra included adults and high school-aged amateur and paid performers. Prior to concert hall doors opening, students of local music teachers performed in the vestibule for the entertainment of concert-goers. At intermission, refreshments were sold by an unaffiliated organization to raise funds for charitable purposes.

Program 2
Expenses: $8,190 Revenue: $7,155

A concert of classical music was performed for a local audience of about 450 people of all ages, including seniors bused to the venue by their residences. Per our mission, ticket prices were well...

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A concert of classical music was performed for a local audience of about 450 people of all ages, including seniors bused to the venue by their residences. Per our mission, ticket prices were well below typical ticket prices for similar events. The orchestra performed Schubert's Rosamunde Overture, Bach's Concerto for Two Violins featuring the NSPO concertmaster and principal second violinist, and Bruckner's 3rd Symphony. Members of the orchestra included adults and high school-aged amateur and paid performers. Prior to concert hall doors opening, students of local music teachers performed in the vestibule for the entertainment of concert-goers. At intermission, refreshments were sold by an unaffiliated organization to raise funds for charitable purposes.

Program 3
Expenses: $9,034 Revenue: $6,155

A concert of classical music was performed for a local audience of about 450 people of all ages, including seniors bused to the venue by their residences. Per our mission, ticket prices were well...

Read more

A concert of classical music was performed for a local audience of about 450 people of all ages, including seniors bused to the venue by their residences. Per our mission, ticket prices were well below typical ticket prices for similar events. The orchestra performed Josef Suk's seldom-heard Scherzo Fantastique, Mozart's 19th piano concerto, Dvorak's seldom-performed Wood Dove, and Mozart's 38th Symphony. Members of the orchestra included adults and high school-aged amateur and paid performers. Prior to concert hall doors opening, students of local music teachers performed in the vestibule for the entertainment of concert-goers. At intermission, refreshments were sold by an unaffiliated organization to raise funds for charitable purposes.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $224,076
Program Service Revenue $21,464
Investment Income $0
Other Revenue $229
TOTAL REVENUE $245,769

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,536
Other Expenses $45,536
TOTAL EXPENSES $45,536

Year-over-Year Comparison

2023 2022 Change
Revenue $245,769 $36,389 +5.8%
Expenses $45,536 N/A N/A
Net Income $200,233 $36,389 +4.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert A Marra Jr President 2
Officer Director
$0 $0 $0
Jerome H Pozgay Treasurer 2
Officer Director
$0 $0 $0
Jillian Cluett Treasurer - Retired 0
Officer Director
$0 $0 $0
Ann DiSciullo Director 2
Director
$0 $0 $0
Irene Leamon Director 2
Director
$0 $0 $0
Michelle Markus Director 2
Director
$0 $0 $0
Stacy O'Hara Director 2
Director
$0 $0 $0
Abigail Sykes Director 2
Director
$0 $0 $0
Mark Wolinski Director 2
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $245,769 $45,536 $205,066 $200,233
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