Philharmonic-Symphony Society of New York Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE NEW YORK PHILHARMONIC'S MISSION IS TO:1. INSPIRE APPRECIATION AND ENGAGEMENT WITH ORCHESTRAL MUSIC; 2. EXPAND ACCESS TO SYMPHONIC MUSIC FOR AUDIENCES IN NEW YORK CITY AND WORLDWIDE; (CONT. ON SCH. O)3. PRESENT LIVE PERFORMANCES AT DAVID GEFFEN HALL AND OTHER VENUES; 4. SHARE PERFORMANCES THROUGH RECORDINGS AND BROADCASTS ACROSS RADIO, TELEVISION, AND DIGITAL PLATFORMS; AND 5. BUILD MEANINGFUL COMMUNITY CONNECTIONS THROUGH COLLABORATIONS AND SHARED MUSICAL EXPERIENCES.
- Income
- $101.3 million
- Spending
- $99.0 million
- Spent on programs
- 65%
- Reserves
- 23.2 months of spending
- Largest source of income
- donations and private grants, 61%
- Employees
- 747
- Volunteers
- 118
- Highest pay
- $974,954, former president & ceo (thru 08/24)
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 65% of charities in its peer group (arts and culture, over $100m).
Reserves
35 of 35Spendable reserves would cover 23.2 months of spending.
Debt
20 of 20It owes 14% of what it owns.
Living within its means
15 of 15Income exceeded spending by 2% of income.
Income trend
5 of 15Income fell 11% on the year before.
Spending floor
15 of 1565% of spending went to programs and raising each dollar of donations cost 13 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 9% of charities in its peer group (arts and culture, over $100m).
Independent board
25 of 2559 of 60 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $61.4 million spent. PERFORMANCES, RECORDINGS, AND TOURING:DURING THE 2024-2025 SEASON, THE NEW YORK PHILHARMONIC PRESENTED 102 SUBSCRIPTION CONCERTS TO AUDIENCES TOTALING APPROXIMATELY 200,500. THESE PERFORMANCES ENGAGED A BROAD AND DIVERSE PUBLIC AND STRENGTHENEDAPPRECIATION FOR ORCHESTRAL MUSIC.THE PHILHARMONIC ALSO RECORDED AND BROADCAST PERFORMANCES NATIONALLY AND INTERNATIONALLY, EXTENDING ITS REACH AND MAKING SYMPHONIC MUSIC ACCESSIBLE TO GLOBAL AUDIENCES.IN ADDITION, THE ORCHESTRA TOURED DOMESTICALLY AND (CONT. ON SCH. O) INTERNATIONALLY, PRESENTING 11 CONCERTS TO AUDIENCES OF MORE THAN 19,288. THESE TOURS BROADENED ACCESS TO LIVE ORCHESTRAL MUSIC AND REINFORCED THE PHILHARMONIC'S INTERNATIONAL PRESENCE.
- $3.3 million spent. EDUCATION AND COMMUNITY ENGAGEMENT:THE NEW YORK PHILHARMONIC OFFERS A RANGE OF EDUCATION PROGRAMS FOR STUDENTS, EDUCATORS, AND FAMILIES:- TEACHER SEMINARS: PROFESSIONAL DEVELOPMENT WORKSHOPS FOR MUSIC AND NON-MUSIC TEACHERS THAT EXPLORE MUSICAL CONCEPTS AND PHILHARMONIC REPERTOIRE, PAIRED WITH ATTENDANCE AT LIVE PERFORMANCES. - SCHOOL PARTNERSHIPS: MULTI-YEAR COLLABORATIONS WITH NEW YORK CITY PUBLIC SCHOOLS THAT SUPPORT MUSIC LEARNING FOR STUDENTS, TEACHERS, AND FAMILIES THROUGH CLASSROOM INSTRUCTION, WORKSHOPS, (CONT. ON SCH. O) AND ENGAGEMENT WITH PHILHARMONIC TEACHING ARTISTS. - OPEN REHEARSALS: INVITATIONS FOR SCHOOL GROUPS AND SUPPORTERS TO OBSERVE THE REHEARSAL PROCESS AND GAIN INSIGHT INTO THE ORCHESTRA'S WORK. - YOUNG PEOPLE'S CONCERTS: PROGRAMS INTRODUCING YOUNG AUDIENCES TO ORCHESTRAL MUSIC THROUGH LIVE PERFORMANCES, INTERACTIVE PRE-CONCERT ACTIVITIES, AND EDUCATIONAL MATERIALS. DURING THE SEASON, FOUR CONCERTS SERVED 2,656 ATTENDEES. - VERY YOUNG PEOPLE'S CONCERTS: CONCERTS DESIGNED FOR PRESCHOOL-AGED CHILDREN, ENGAGING 9,342 ATTENDEES ACROSS SIX PERFORMANCES THIS SEASON.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1928.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.