LUQUILLO, PR
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Sign In — Free (10 views/day)ROME FESTIVAL ORCHESTRA LTD, founded in 1971, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $73K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $36K, a strong 49% operating margin.
OPERATING A SCHOOL FOR THE PROFESSIONAL LEVEL EDUCATION OF CLASSICAL MUSICIANS, OPERA SINGERS, CHORAL SINGERS, AND BALLET DANCERS.
THE ROME FESTIVAL ORCHESTRA, LTD. CONTINUED PHASE TWO OF OPENING IN PUERTO RICO A BRANCH OF THE PRIVATE SCHOOL IT HAS IN ROME, ITALY. THE BRANCH IN PUERTO RICO WILL OPERATE ON A FORMAL BASIS AS A...
THE ROME FESTIVAL ORCHESTRA, LTD. CONTINUED PHASE TWO OF OPENING IN PUERTO RICO A BRANCH OF THE PRIVATE SCHOOL IT HAS IN ROME, ITALY. THE BRANCH IN PUERTO RICO WILL OPERATE ON A FORMAL BASIS AS A PRIVATE SCHOOL OFFERING A REGULAR PROFESSIONAL LEVEL CURRICULUM THROUGH A CADRE OF ARTIST-TEACHERS TO ITS STUDENT BODY OF HIGHLY QUALIFIED CLASSICAL MUSICIANS, OPERA SINGERS, CHORAL SINGERS AND BALLET DANCERS BY PROVIDING MASTER-CLASSES,COACHING SESSIONS, SEMINARS, VISITATIONS, COUNSELING, ENCOUNTER GROUPS, REHEARSING AND PERFORMING. THESE STUDENTS ARE FURTHER TRAINED TO BE MORE EXPRESSIVE IN THEIR OWN MUSIC-MAKING BY EXPOSING THEM WHILE IN PUERTO RICO TO PRIMARY SOURCE EXAMPLES OF GREAT ART OF BOTH THE VISUAL AND STAGE MEDIA: I.E., PAINTING, SCULPTURE, ARCHITECTURE, AND OPERA. WHEN FULLY OPERATIONAL THE NUMBER OF PEOPLE PARTICIPATING IN THESE ACTIVITIES WILL INCLUDE 10 ARTIST-TEACHERS AND NON TEACHING EMPLOYEES WHO WILL BE PAID ON A FEE BASIS, 5 VOLUNTEERS WHO RECEIVE NO REMUNERATION, 19-39 STUDENT MUSICIANS WHO WILL PAY SUBSIDIZED FEES. MOST OF THE STUDENT MUSICIANS WILL BE PUERTO RICAN. STUDENTS FROM OUTSIDE PUERTO RICO WILL INCLUDE AFRICAN-AMERICANS, ASIAN-AMERICANS, AND EUROPEAN-AMERICANS.
DESPITE THE NATURAL DISASTERS TO THE ISLAND, RESEARCH CONTINUED INTO HOW THE ROME FESTIVAL ORCHESTRA'S MUSIC LIBRARY COULD BEST SERVE SYMPHONY ORCHESTRAS, OPERA GROUPS, MUSIC CONSERVATORIES, AND...
DESPITE THE NATURAL DISASTERS TO THE ISLAND, RESEARCH CONTINUED INTO HOW THE ROME FESTIVAL ORCHESTRA'S MUSIC LIBRARY COULD BEST SERVE SYMPHONY ORCHESTRAS, OPERA GROUPS, MUSIC CONSERVATORIES, AND INDIVIDUAL CLASSICAL MUSICIANS. WHEN FULLY FUNCTIONAL THE LIBRARY WILL SERVE CLASSICAL MUSIC ENSEMBLES IN PUERTO RICO INCLUDING THE PUERTO RICAN SYMPHONY, PUERTO RICAN CONSERVATORY, ROME FESTIVAL ORCHESTRA AND OPERA INSTITUTE IN PUERTO RICO, AND NUMEROUS MUSIC EDUCATION PROGRAMS IN PUERTO RICO.
CLASSICAL MUSIC AUDIENCE DEVELOPMENT PRINCIPALLY OUTSIDE SAN JUAN, PUERTO RICO BUT ALSO IN SAN JUAN.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $72,673 | $63,522 | +0.1% |
| Expenses | $37,165 | $39,500 | -0.1% |
| Net Income | $35,508 | $24,022 | +0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| J JEANNETTE FERRELL | SECRETARY-TREAS | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MR DONATO SORANNO | TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| MR C RAY BARBER | TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH POSKAY | TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| MRS CHRISTIAN DAVIS | PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| PATRICIA PATE | VICE-PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $72,673 | $37,165 | $152,879 | $35,508 |
| 2022 | $63,522 | $39,500 | $158,248 | $24,022 |
| 2021 | $38,948 | $40,070 | $228,800 | $-1,122 |
| 2020 | $87,320 | $52,892 | $644,608 | $34,428 |
| 2019 | $115,286 | $80,697 | $625,316 | $34,589 |
Compare ROME FESTIVAL ORCHESTRA LTD with other nonprofits in Puerto Rico and across the country.