Boston Philharmonic Orchestra Corporation

EIN: 042678312 501(c)(3) Arts, Culture & Humanities

Boston, MA

Total Revenue
$3,478,740
Total Expenses
$3,265,146
Total Assets
$1,302,569
Net Assets
$1,005,099
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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MA
Principal Officer
Derek Beckvold
Phone
6172360999
Tax Period
2024-07-01 to 2025-06-30

Boston Philharmonic Orchestra Corporation, founded in 1979, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.5M in total revenue in fiscal year 2024. Expenses of $3.3M left a modest 6% surplus.

Mission

The BPO was formed in 1979 to provide opportunities for an evolving community of amateur student and professional players to perform together present challenging classical repertoire & enhance the publics awareness & understanding of this music. Through its recordings pre-concert lectures and affordable concert tickets the BPO seeks to reduce boundaries between audiences and the music itself.

Program Service Accomplishments

Program 1
Expenses: $1,422,175 Revenue: $308,500

Boston Philharmonic Orchestra BPO: The BPO is committed to bringing passionate music-making to the world. The members of the BPO are a unique blend of professional amateur and student musicians...

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Boston Philharmonic Orchestra BPO: The BPO is committed to bringing passionate music-making to the world. The members of the BPO are a unique blend of professional amateur and student musicians. Through probing innovative performances of the highest quality carefully designed programs informative and intelligent program notes and pre-concert lectures that heighten participation the BPO reaches to the heart of great music to offer an expansive enriching experience for players and audiences alike.

Program 2
Expenses: $1,404,316 Revenue: $121,329

Boston Philharmonic Youth Orchestra BPYO: During the year ended June 30 2013 the BPO founded the BPYO. With a mission of "shaping future leaders through music" the tuition-free BPYO provides a unique...

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Boston Philharmonic Youth Orchestra BPYO: During the year ended June 30 2013 the BPO founded the BPYO. With a mission of "shaping future leaders through music" the tuition-free BPYO provides a unique opportunity for accomplished young musicians ages 12-21 to study great orchestral repertoire in a musically dynamic and intellectually challenging community. BPYO members are asked to not only master their parts and to gain a deep understanding of the musical score through regular sectional rehearsals but also to engage in dialogue with Mr. Zander founder and conductor on all aspects of the music and the rehearsal process. In addition to frequent performances in Bostons Symphony Hall the BPYO tours annually and has performed in Carnegie Hall and throughout Europe Mexico and South America.

Program 3
Expenses: $61,734 Revenue: $0

Education & Community Engagement programs: The BPO offers a number of Interpretation Classes throughout the year on Saturday mornings at the Boston Public Library. Mr. Zanders famed communication...

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Education & Community Engagement programs: The BPO offers a number of Interpretation Classes throughout the year on Saturday mornings at the Boston Public Library. Mr. Zanders famed communication skills & lifetime immersion in all aspects of musical performance help him be a transformative musical coach guiding & inspiring highly accomplished young musicians who live or study in the Boston area to a deeper understanding of what the music is actually asking of the performer & how to communicate that with the greatest intensity & authenticity to the audience. These classes are free & open to the general public. Also included in this initiative is the Benjamin Zander Center an initiative dedicated to capturing the impactful legacy of the BPOs founder. Through an innovative web portal a record label Brattle Media & other special projects the Centers mission is to bring the transformative power of Mr. Zanders teachings to a global audience.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,008,048
Program Service Revenue $429,917
Investment Income $32,972
Other Revenue $7,803
TOTAL REVENUE $3,478,740

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,299,197
Fundraising Expenses $175,763
Program Expenses $2,888,225
Other Expenses $1,965,949
TOTAL EXPENSES $3,265,146

Year-over-Year Comparison

2024 2023 Change
Revenue $3,478,740 $3,357,875 +0.0%
Expenses $3,265,146 $3,897,829 -0.2%
Net Income $213,594 $-539,954 -1.4%
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
13
Independent Members
12
Employees
187
Volunteers
N/A

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
6
$114,743
Total Directors
14
$4,018
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Derek Beckvold Managing Director 40.00
Officer
$94,423 $16,302 $110,725
Benjamin Zander Director and Founder 40.00
Officer Director
$0 $4,018 $4,018
Erik Ryan Chair 5.00
Officer Director
$0 $0 $0
Andrew Goodearl Vice Chair 1.00
Officer Director
$0 $0 $0
Janice Forgays Secretary 1.00
Officer Director
$0 $0 $0
Thomas J Raffa Vice Chair and Treasurer 4.00
Officer Director
$0 $0 $0
Jerilyn Asher Director 1.00
Director
$0 $0 $0
Armenne Derderian Director 1.00
Director
$0 $0 $0
Charles Dornbush Director 1.00
Director
$0 $0 $0
Geralyn Dreyfous Director 1.00
Director
$0 $0 $0
Urs Gauchat Director 1.00
Director
$0 $0 $0
Sung-Dae Hong Director 1.00
Director
$0 $0 $0
Winfield Perry Director 1.00
Director
$0 $0 $0
Peter Sheckman Director 1.00
Director
$0 $0 $0
Richard Trant Director 1.00
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
2025 $3,478,740 $3,265,146 $1,302,569 $213,594
2024 $3,357,875 $3,897,829 $1,024,576 $-539,954
2023 $4,020,385 $4,196,008 $1,519,867 $-175,623
2022 $3,244,291 $3,184,021 $1,622,095 $60,270
2021 $1,903,523 $1,151,477 $1,642,712 $752,046
2020 $2,234,688 $2,266,608 $913,528 $-31,920
2019 $3,034,676 $2,829,496 $813,766 $205,180
2018 $3,124,533 $3,318,571 $564,515 $-194,038
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