Skip to content
Nonprofiteer
← RHODE ISLAND PHILHARMONIC ORCHESTRA & MUSIC SCHOOL

Form 990 for tax year 2022

Filed by RHODE ISLAND PHILHARMONIC ORCHESTRA & MUSIC SCHOOL.

Totals

Total revenue
$7,226,418
Total expenses
$7,825,802
Contributions and grants received
$4,299,884
Grants paid
$220,509
Program service revenue
$2,747,545
Investment income
$210,015
Other revenue
-$31,026
Total assets, end of year
$14,898,353
Total liabilities, end of year
$4,616,536
Net assets or fund balances, end of year
$10,281,817
Program services expenses (Part IX)
$5,154,043
Management and general expenses
$2,271,438
Fundraising expenses
$400,321
Program service expenses (Part III)
$5,154,043

Program services were 65.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $299,307

  • 1e · Government grants (contributions)

    $1,556,283

  • 1f · All other contributions, gifts and grants

    $2,444,294

  • 1g · Noncash contributions included above

    $197,393

  • 2a · Program service revenue: MUSIC SCHOOL

    total $1,772,788 · related or exempt $1,772,788

  • 2b · Program service revenue: ORCHESTRA CONCERTS

    total $847,305 · related or exempt $847,305

  • 2c · Program service revenue: OTHER PROGRAM INCOME

    total $127,452 · related or exempt $127,452

  • 3 · Investment income

    total $142,897 · excluded $142,897

  • 6a · Gross rents

    real property $26,775

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $26,775

  • 6d · Net rental income or loss

    total $26,775 · related or exempt $26,775

  • 7a · Gross sales of assets other than inventory

    securities $1,176,614

  • 7b · Less cost or other basis and sales expenses

    securities $1,109,496

  • 7c · Gain or loss

    securities $67,118

  • 7d · Net gain or loss

    total $67,118 · excluded $67,118

  • 8a · Fundraising events: gross income

    $337,712

  • 8a · Fundraising events: contributions included on line 1c

    $299,307

  • 8b · Fundraising events: direct expenses

    $395,513

  • 8c · Net income from fundraising events

    total -$57,801 · excluded -$57,801

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $220,509 · program services $220,509

  • 5 · Compensation of officers, directors and key employees

    total $397,081 · program services $94,136 · management and general $160,629 · fundraising $142,316

  • 7 · Other salaries and wages

    total $3,029,679 · program services $2,517,449 · management and general $410,042 · fundraising $102,188

  • 8 · Pension plan contributions

    total $92,757 · program services $70,873 · management and general $16,869 · fundraising $5,015

  • 9 · Other employee benefits

    total $198,785 · program services $104,593 · management and general $43,745 · fundraising $50,447

  • 10 · Payroll taxes

    total $283,426 · program services $222,521 · management and general $41,596 · fundraising $19,309

  • 11c · Fees: accounting

    total $221,516 · management and general $221,516

  • 11f · Fees: investment management

    total $39,634 · management and general $39,634

  • 11g · Fees: other

    total $861,021 · program services $731,549 · management and general $95,282 · fundraising $34,190

  • 12 · Advertising and promotion

    total $269,812 · program services $268,926 · fundraising $886

  • 13 · Office expenses

    total $487,167 · program services $357,883 · management and general $101,829 · fundraising $27,455

  • 16 · Occupancy

    total $700,402 · program services $345,419 · management and general $338,655 · fundraising $16,328

  • 17 · Travel

    total $114,788 · program services $104,684 · management and general $8,750 · fundraising $1,354

  • 20 · Interest

    total $183,751 · management and general $183,751

  • 22 · Depreciation, depletion and amortization

    total $529,590 · management and general $529,590

  • 23 · Insurance

    total $89,300 · program services $21,259 · management and general $67,437 · fundraising $604

  • 24a · Other expenses: BAD DEBT EXPENSE/RECOVE

    total $36,285 · program services $36,285

  • 24b · Other expenses: LICENSES, DUES, SUBSCRI

    total $27,933 · program services $15,591 · management and general $12,113 · fundraising $229

  • 24c · Other expenses: COMMISSIONS

    total $21,448 · program services $21,448

  • 24d · Other expenses: MUSIC

    total $20,918 · program services $20,918

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $887,079 · end of year $433,797

  • 3 · Pledges and grants receivable

    beginning of year $303,627 · end of year $658,425

  • 4 · Accounts receivable

    beginning of year $77,370 · end of year $159,250

  • 9 · Prepaid expenses and deferred charges

    beginning of year $147,452 · end of year $106,753

  • 10a · Land, buildings and equipment: cost or other basis

    $12,797,590

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,909,726

  • 10c · Land, buildings and equipment, net

    beginning of year $6,730,512 · end of year $6,887,864

  • 11 · Investments: publicly traded securities

    beginning of year $6,370,138 · end of year $6,426,104

  • 15 · Other assets

    beginning of year $349,985 · end of year $226,160

  • 17 · Accounts payable and accrued expenses

    beginning of year $424,523 · end of year $551,173

  • 19 · Deferred revenue

    beginning of year $526,378 · end of year $725,363

  • 20 · Tax-exempt bond liabilities

    beginning of year $3,215,000 · end of year $3,010,000

  • 24 · Unsecured notes and loans payable

    beginning of year $180,000 · end of year $330,000

  • 27 · Net assets without donor restrictions

    beginning of year $5,419,321 · end of year $5,195,810

  • 28 · Net assets with donor restrictions

    beginning of year $5,100,941 · end of year $5,086,007

Mission and programs · 2022

Mission

THE ONLY PROFESSIONAL ORCHESTRA, THE ONLY CERTIFIED COMMUNITY MUSIC SCHOOL AND THE SECOND LARGEST NOT FOR PROFIT ARTS ORGANIZATION IN RHODE ISLAND, THE PHILHARMONIC SEEKS TO ENRICH AND TRANSFORM RHODE ISLAND AND OUR REGION THROUGH GREAT MUSIC PERFORMANCE AND EDUCATION.

Activities or mission (Part I)

TO ENRICH AND TRANSFORM RHODE ISLAND AND OUR REGION THROUGH GREAT MUSIC PERFORMANCE AND EDUCATION.

  • THE RHODE ISLAND PHILHARMONIC ORCHESTRA PROGRAM HIGHLIGHTS FOR 2022-2023:-WE CONTINUE TO BE ONE OF THE LARGEST COMBINED PROFESSIONAL ORCHESTRA AND COMMUNITY MUSIC SCHOOL IN THE COUNTRY, AND THE SECOND LARGEST ARTS ORGANIZATION IN RHODE ISLAND.-WE SERVED APPROXIMATELY 75,000 FOLKS THROUGH OUR TEACHING, EDUCATION CONCERTS, CLASSICAL CONCERTS AND LIVESTREAMING OVER THIS PAST YEAR

    Expenses $2,629,426 · Revenue $1,001,534

  • THE RI PHILHARMONIC MUSIC SCHOOL IS THE ONLY COMMUNITY MUSIC SCHOOL IN RHODE ISLAND AND ENCOURAGES LIFELONG ENGAGEMENT WITH MUSIC THROUGH COMPREHENSIVE MUSIC EDUCATION AND COMMUNITY PARTNERSHIP PROGRAMS TAUGHT BY ORCHESTRA MEMBERS AND OTHER OUTSTANDING FACULTY. WE PRIORITIZE ARTISTRY AND EDUCATION EQUALLY. WE PROVIDE CURRICULUM AND CONCERTS WHICH SERVED OVER 8,000 CHILDREN IN 77 SCHOOLS IN 35 SCHOOL DISTRICTS VIA THE INTERNET. WE PROVIDED OVER $345,000 IN CASH AND IN-KIND FINANCIAL AID TO STUDENTS WHICH COVERS 30% OF OUR POPULATION. WE HAVE PARTNERSHIPS WITH MANY OTHER ORGANIZATIONS IN THE STATE INCLUDING PROVIDENCE SINGERS, RI MUSIC EDUCATORS ASSOCIATION, AMERICAN BAND, NARRAGANSETT BAY SYMPHONY COMMUNITY ORCHESTRA, THE AUTISM PROJECT, LIFELONG LEARNINING COLLABORATIVE, GIRLS ROCK, PROVIDENCE COUNTRY DAY SCHOOL AND RI CHILRENS CHORUS. OTHER ORGANIZATIONS WE HAVE COLLABORATED WITH ARE BRADLEY HOSPITAL, LASALLE ACADEMY, BLACKSTONE ACADEMY, RI SCHOOL OF DESIGN, TRINITY REPARATORY COMPANY, RI STATE COUNCIL FOR THE ARTS, BROWN UNIVERSITY, RHODE ISLAND COLLEGE AND OTHERS.

    Expenses $2,524,617 · Grants $220,509 · Revenue $1,772,788

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MALCOLM GRIGGS

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • SUSAN CHUNG

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    2

  • ROBERT NAPARSTEK

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • BRENDAN MCCORY

    TREASURER (AS

    Total calculated
    $0
    Hours/week
    2

  • EDWARD WING

    CHIEF MEDICAL ADVISOR & SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • ROBERT J MANNING

    TREASURER (TO

    Total calculated
    $0
    Hours/week
    2

  • BARBARA DREYER

    SECRETARY (TO

    Total calculated
    $0
    Hours/week
    2

  • KAREN PELCZARSKI

    GENERAL COUNSEL/DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DAVID AMES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TING BARNARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SHAUNA DUFFY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ROBERT FETZER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CAROL GOLDEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • AMY GOLDSTEIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JESSICA GRANATIERO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KAREN GRANDE ESQ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JOANNE HAWORTH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • HERBERT RAKATANSKY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MARY REINEMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DEMING SHERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ROSALYN SINCLAIR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DAVID VON HEMERT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SCOTT WALKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DAVID WINOKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DAVID BEAUCHESNE

    EXECUTIVE DIRECTOR

    Total calculated
    $258,775
    From this org
    $251,578
    From related orgs
    $0
    Other
    $7,197
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,578
    Bonus
    $25,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $7,197
    Filer's total
    $258,775

  • DONNA CHACE-LARSON

    DIRECTOR OF FINANCE (TO 3/2022)

    Total calculated
    $60,248
    From this org
    $55,494
    From related orgs
    $0
    Other
    $4,754
    Hours/week
    40

  • MARIA PANASIAN

    DIRECTOR OF FINANCE (AS OF 8/2022)

    Total calculated
    $46,334
    From this org
    $46,174
    From related orgs
    $0
    Other
    $160
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 July 2024
IRS schema version
2022v5.0
Source object
202401979349302420

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.