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The Philharmonic Symphony Society of NY
Also known as New York Philharmonic
The Philharmonic Symphony Society of NY reported $101.3 million in revenue and $99.0 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $65.35 went to program services, $26.44 to management and general costs and $8.21 to fundraising. Its largest source of revenue was contributions and grants: 60.8% of the total. The highest compensation it reported for one person was $974,954 (FORMER PRESIDENT & CEO (THRU 08/24)). 132 people received more than $100,000 in reportable compensation. Revenue fell 7% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $99MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $101M- Contributions & grants (non-government)$60.19 $61M
- Government grants$0.15 $149K
- Program service revenue$31.60 $32M
- Investment income$8.06 $8.2M
Other revenue was negative: −$764K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 65.4% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 26.4% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 8.2% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.13 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 60.8% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 31.8% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $974,954 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.98% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 132 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 63.3 | 36.6 |
| Independent voting board members Part VI 1a–1b | 59 of 60 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expensePerformances, 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…
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…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FORMER PRESIDENT & CEO (THRU 08/24) Former, 0.00 hrs/week | $915,385 | $0 | $59,569 | $974,954 |
| CONCERTMASTER Highest compensated employee, 37.00 hrs/week | $619,327 | $0 | $92,637 | $711,964 |
| EXECUTIVE ADVISOR Highest compensated employee, 35.00 hrs/week | $539,895 | $0 | $116,978 | $656,873 |
| SENIOR VICE PRESIDENT, PHILANTHROPY Key employee, 50.00 hrs/week | $516,277 | $0 | $90,230 | $606,507 |
| PRINCIPAL CLARINET Highest compensated employee, 37.00 hrs/week | $436,790 | $0 | $92,827 | $529,617 |
| PRINCIPAL TRUMPET Highest compensated employee, 37.00 hrs/week | $401,178 | $0 | $94,528 | $495,706 |
| PRINCIPAL CELLO Highest compensated employee, 37.00 hrs/week | $397,920 | $0 | $67,006 | $464,926 |
| CHIEF FINANCIAL OFFICER (THRU 04/25) Officer, 50.00 hrs/week | $369,493 | $0 | $17,994 | $387,487 |
132 people received more than $100,000 in reportable compensation from The Philharmonic Symphony Society of NY (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.5M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b60 · 59 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5747
- Volunteers Part I, line 6118
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| BAJADA PRODUCTIONS LLC Conductor | $1,034,664 |
| PROSKAUER ROSE LLP Law firm | $995,481 |
| SITUATION MARKETING LLC Marketing agency | $672,799 |
| CAMBRIDGE ASSOCIATES LLC Consultants | $464,258 |
| IMG ARTISTS LLC Artists management firm | $329,050 |
Individuals listed as contractors are left out. 17 contractors were paid more than $100,000 in all.
Private foundation grants it received
167 private foundations reported grants to The Philharmonic Symphony Society of NY totaling $13M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Philharmonic Symphony Society of NY's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Philharmonic Symphony Society of NY, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Philharmonic Symphony Society of NY spent in FY2025, $65.35 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Military Aviation Museum FoundationVirginia Beach, VA · revenue $101M · programs 96.7% · 2024
- The Carnegie Hall CorporationNew York, NY · revenue $102M · programs 72.8% · FY2025
- The Edison InstituteDearborn, MI · revenue $98M · programs 78.5% · 2024
- San Francisco Museum of Modern ArtSan Francisco, CA · revenue $102M · programs 80.8% · FY2025
- The National World War II MuseumNew Orleans, LA · revenue $95M · programs 80.4% · FY2025
All arts, culture & humanities charities · Largest charities in New York
Questions people ask
How much of The Philharmonic Symphony Society of NY's spending goes to programs?
In the fiscal year ending August 31, 2025, The Philharmonic Symphony Society of NY reported that 65.4% of its $99.0 million in expenses went to program services, 26.4% to management and general and 8.2% to fundraising (Form 990, Part IX).
How much does The Philharmonic Symphony Society of NY pay its top executive?
The largest total compensation The Philharmonic Symphony Society of NY reported for one person in the fiscal year ending August 31, 2025 was $974,954, for the role of FORMER PRESIDENT & CEO (THRU 08/24) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Philharmonic Symphony Society of NY get its money?
Of $101.3 million in revenue in the fiscal year ending August 31, 2025, 60.8% came from contributions and grants (including 0.1% from government grants) and 31.8% from program service revenue (Form 990, Part VIII).
Is The Philharmonic Symphony Society of NY a registered charity?
The IRS lists EIN 13-1664054 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202641919349301444 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202511959349301076 · read the filing
- FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202421979349302087 · read the filing
- FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202341929349301654 · read the filing
- FY2021: Form 990 for the fiscal year ending August 31, 2021 (amended), object 202302519349301425 · read the filing
- FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202111949349301216 · read the filing
All filings for EIN 13-1664054: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.