Rochester Philharmonic Orchestra Inc
Rochester Philharmonic Orchestra shows strong revenue growth and asset accumulation in recent fiscal years.
EIN: 160765613 · Rochester, NY · NTEE: A690 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.2M |
| Total Expenses | $11.8M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $14 |
| Net Assets | $16.6M |
| Transparency Score | 85/100 |
Is Rochester Philharmonic Orchestra Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rochester Philharmonic Orchestra Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rochester Philharmonic Orchestra Inc
Rochester Philharmonic Orchestra Inc (EIN: 160765613) is a nonprofit organization based in Rochester, NY, classified under NTEE code A690. The organization reported total revenue of $14.2M and total assets of $25.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rochester Philharmonic Orchestra Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rochester Philharmonic Orchestra Inc is a large nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.6M |
| Total Expenses | $11.8M |
| Surplus / Deficit | +$3.8M |
| Total Assets | $23.3M |
| Total Liabilities | $6.7M |
| Net Assets | $16.6M |
| Operating Margin | 24.5% |
| Debt-to-Asset Ratio | 28.6% |
| Months of Reserves | 23.8 months |
Financial Health Grade: A
In 2023, Rochester Philharmonic Orchestra Inc reported a surplus of $3.8M with revenue exceeding expenses, holds 23.8 months of operating reserves (strong position), has a debt-to-asset ratio of 28.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rochester Philharmonic Orchestra Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.7% | -1.1% | +29.5% |
| 2022 | +48.1% | +65.6% | -13.3% |
| 2021 | -37.6% | -36.0% | +27.2% |
| 2020 | +27.7% | +8.7% | +7.5% |
| 2019 | -8.0% | -11.5% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rochester Philharmonic Orchestra Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Rochester Philharmonic Orchestra Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.6%.
Executive Compensation Analysis
The provided data consistently reports 0% for 'Officer Comp' across all listed fiscal periods. This suggests that either the officers receive no compensation, or their compensation is reported under a different category not reflected in this summary, which would require further investigation of the full 990 forms to understand executive compensation relative to the organization's size and revenue of over $14 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Rochester Philharmonic Orchestra Inc's IRS 990 filings:
- Lack of detailed officer compensation in summary data, requiring further investigation of full 990s.
Strengths
The following positive indicators were identified for Rochester Philharmonic Orchestra Inc:
- Strong revenue growth in recent fiscal years, with 2023 revenue at $15,587,754.
- Consistent generation of surpluses in most recent periods, indicating effective financial management.
- Significant growth in assets, reaching $23,318,627 in 2023.
- Positive net asset position, with assets consistently exceeding liabilities.
Frequently Asked Questions about Rochester Philharmonic Orchestra Inc
Is Rochester Philharmonic Orchestra Inc a legitimate charity?
Rochester Philharmonic Orchestra Inc (EIN: 160765613) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $14.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Rochester Philharmonic Orchestra Inc spend its money?
Rochester Philharmonic Orchestra Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Rochester Philharmonic Orchestra Inc tax-deductible?
Rochester Philharmonic Orchestra Inc is registered as a tax-exempt nonprofit (EIN: 160765613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rochester Philharmonic Orchestra Inc CEO make?
Rochester Philharmonic Orchestra Inc's highest-compensated officer earns $14 annually. The organization reported $14.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rochester Philharmonic Orchestra Inc's spending goes to programs?
Rochester Philharmonic Orchestra Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rochester Philharmonic Orchestra Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rochester Philharmonic Orchestra Inc is above average for NTEE category A690 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rochester Philharmonic Orchestra Inc located?
Rochester Philharmonic Orchestra Inc is headquartered in Rochester, New York and files with the IRS under EIN 160765613. It is classified under NTEE code A690.
How many years of IRS 990 filings does Rochester Philharmonic Orchestra Inc have?
Rochester Philharmonic Orchestra Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $14.2M in total revenue.
Is Rochester Philharmonic Orchestra Inc. financially stable?
Yes, the organization appears financially stable, especially with recent strong revenue performance. In fiscal year 2023, revenue was $15,587,754 against expenses of $11,775,990, indicating a significant surplus and growth in assets to $23,318,627.
How has the organization's revenue trended over the past few years?
Revenue has shown significant fluctuations but a strong upward trend in recent years. It increased from $7,702,051 in 2021 to $15,587,754 in 2023, demonstrating substantial growth after a dip during the pandemic period.
What is the organization's asset growth like?
The organization's assets have grown considerably, from $15,181,402 in 2019 to $23,318,627 in 2023, indicating a healthy accumulation of resources.
Are there any concerns regarding executive compensation?
The provided data consistently shows 'Officer Comp=0%' for all listed periods. While this could indicate no compensation, it is unusual for an organization of this size and revenue, warranting a deeper look into the full 990 forms to understand how executive compensation is handled or reported.
Filing History
IRS 990 filing history for Rochester Philharmonic Orchestra Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rochester Philharmonic Orchestra Inc's revenue has grown by 68.9%, moving from $9.2M to $15.6M. Total assets increased by 13.6% over the same period, from $20.5M to $23.3M. Total functional expenses rose by 25.7%, from $9.4M to $11.8M. In its most recent filing year (2023), Rochester Philharmonic Orchestra Inc reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $6.7M in liabilities against $23.3M in assets (debt-to-asset ratio: 28.6%), resulting in net assets of $16.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.6M | $11.8M | $23.3M | $6.7M | — | — |
| 2022 | $11.4M | $11.9M | $18.0M | $5.3M | — | View 990 |
| 2021 | $7.7M | $7.2M | $20.8M | $5.5M | — | View 990 |
| 2020 | $12.3M | $11.2M | $16.3M | $4.7M | — | View 990 |
| 2019 | $9.7M | $10.3M | $15.2M | $4.9M | — | View 990 |
| 2018 | $10.5M | $11.7M | $16.1M | $4.9M | — | View 990 |
| 2017 | $11.0M | $11.2M | $16.2M | $3.7M | — | View 990 |
| 2016 | $8.8M | $10.6M | $17.2M | $4.1M | — | View 990 |
| 2015 | $9.4M | $10.4M | $18.9M | $3.7M | — | View 990 |
| 2014 | $9.2M | $9.8M | $21.9M | $3.5M | — | View 990 |
| 2013 | $9.3M | $9.4M | $21.1M | $3.3M | — | View 990 |
| 2012 | $10.0M | $10.0M | $21.1M | $3.6M | — | View 990 |
| 2011 | $9.2M | $9.4M | $20.5M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.6M, expenses of $11.8M, and assets of $23.3M (revenue +36.7% year-over-year).
- 2022: Revenue of $11.4M, expenses of $11.9M, and assets of $18.0M (revenue +48.1% year-over-year).
- 2021: Revenue of $7.7M, expenses of $7.2M, and assets of $20.8M (revenue -37.6% year-over-year).
- 2020: Revenue of $12.3M, expenses of $11.2M, and assets of $16.3M (revenue +27.7% year-over-year).
- 2019: Revenue of $9.7M, expenses of $10.3M, and assets of $15.2M (revenue -8.0% year-over-year).
- 2018: Revenue of $10.5M, expenses of $11.7M, and assets of $16.1M (revenue -4.9% year-over-year).
- 2017: Revenue of $11.0M, expenses of $11.2M, and assets of $16.2M (revenue +25.7% year-over-year).
- 2016: Revenue of $8.8M, expenses of $10.6M, and assets of $17.2M (revenue -6.7% year-over-year).
- 2015: Revenue of $9.4M, expenses of $10.4M, and assets of $18.9M (revenue +2.2% year-over-year).
- 2014: Revenue of $9.2M, expenses of $9.8M, and assets of $21.9M (revenue -1.2% year-over-year).
- 2013: Revenue of $9.3M, expenses of $9.4M, and assets of $21.1M (revenue -6.8% year-over-year).
- 2012: Revenue of $10.0M, expenses of $10.0M, and assets of $21.1M (revenue +8.5% year-over-year).
- 2011: Revenue of $9.2M, expenses of $9.4M, and assets of $20.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rochester Philharmonic Orchestra Inc:
Data Sources and Methodology
This transparency report for Rochester Philharmonic Orchestra Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.