American Friends of Israel Philharmonic Orchestra

EIN: 237183563 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$3,247,945
Total Expenses
$4,267,683
Total Assets
$25,020,592
Net Assets
$24,584,707
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
DC
Phone
2126972949
Tax Period
2023-01-01 to 2023-12-31

American Friends of Israel Philharmonic Orchestra, founded in 1972, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.2M in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Expenses of $4.3M exceeded revenue, resulting in a 31% operating deficit.

Mission

TO RAISE FUNDS TO SUPPORT THE OPERATIONS AND SECURE THE ISRAEL PHILHARMONIC'S FINANCIAL FUTURE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,993,687
Program Service Revenue $0
Investment Income $287,178
Other Revenue $-32,920
TOTAL REVENUE $3,247,945

Expense Breakdown

Grants Paid $2,452,558
Salaries & Benefits $1,069,520
Fundraising Expenses $993,705
Program Expenses $2,897,496
Other Expenses $745,605
TOTAL EXPENSES $4,267,683

Year-over-Year Comparison

2023 2022 Change
Revenue $3,247,945 $4,038,588 -0.2%
Expenses $4,267,683 $6,501,961 -0.3%
Net Income $-1,019,738 $-2,463,373 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
27
Independent Members
27
Employees
8
Volunteers
34

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
11
$608,381
Total Directors
34
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Secretary (through 9/23) 0.3
Officer Director
$0 $0 $0
N/A Vice President 0.3
Officer Director
$0 $0 $0
N/A Vice President 0.3
Officer Director
$0 $0 $0
N/A President 3.0
Officer Director
$0 $0 $0
N/A Vice President 0.3
Officer Director
$0 $0 $0
N/A Treasurer (through 9/23) 0.3
Officer Director
$0 $0 $0
N/A Vice President 0.3
Officer Director
$0 $0 $0
N/A Vice President 0.3
Officer Director
$0 $0 $0
N/A Director 0.1
Director
$0 $0 $0
N/A Director 0.1
Director
$0 $0 $0
N/A Director 0.3
Director
$0 $0 $0
N/A Director 0.1
Director
$0 $0 $0
N/A Director 0.3
Director
$0 $0 $0
N/A Director 0.1
Director
$0 $0 $0
N/A Director 0.1
Director
$0 $0 $0
N/A Director 0.3
Director
$0 $0 $0
N/A Director 0.1
Director
$0 $0 $0
N/A Director 0.3
Director
$0 $0 $0
N/A Director (through 9/23) 0.1
Director
$0 $0 $0
N/A Director (through 9/23) 0.1
Director
$0 $0 $0
N/A Director 0.3
Director
$0 $0 $0
N/A Director (through 9/23) 0.1
Director
$0 $0 $0
N/A Director (through 6/23) 0.3
Director
$0 $0 $0
N/A Director (through 9/23) 0.1
Director
$0 $0 $0
N/A Director (THROUGH 12/23) 0.1
Director
$0 $0 $0
N/A Director 0.3
Director
$0 $0 $0
N/A Director 0.1
Director
$0 $0 $0
N/A Director 0.1
Director
$0 $0 $0
N/A Director 0.3
Director
$0 $0 $0
N/A SECRETARY (AS OF 12/2023) 0.1
Director
$0 $0 $0
N/A Director 0.3
Director
$0 $0 $0
N/A Director 0.3
Director
$0 $0 $0
N/A Director 0.3
Director
$0 $0 $0
N/A Director 0.1
Director
$0 $0 $0
N/A Chief Financial Officer 40.0
Officer
$239,050 $15,063 $254,113
N/A Executive VP and CEO (through 8/23) 40.0
Officer
$235,435 $6,138 $241,573
N/A Chief Executive Officer (as of 8/23) 40.0
Officer
$112,500 $195 $112,695
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 No data No data No data No data
2023 $3,247,945 $4,267,683 $25,020,592 $-1,019,738
2022 $4,038,588 $6,501,961 $24,227,413 $-2,463,373
2021 $8,529,001 $4,764,061 $30,416,918 $3,764,940
2020 $3,394,526 $3,498,965 $27,447,792 $-104,439
2019 $4,288,044 $4,836,279 $25,517,768 $-548,235
2018 $5,793,257 $5,955,001 $23,694,912 $-161,744
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare American Friends of Israel Philharmonic Orchestra with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.