Form 990 for tax year 2022
Filed by PHILADELPHIA ORCHESTRA AND KIMMEL CENTER INC.
Totals
- Total revenue
- $4,390,759
- Total expenses
- $4,393,511
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $4,390,759
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $22,248
- Total liabilities, end of year
- $25,000
- Net assets or fund balances, end of year
- -$2,752
- Program services expenses (Part IX)
- $4,393,511
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,393,511
Program services were 100.0% 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.
-
2a · Program service revenue: MANAGEMENT FEES
total $4,390,759 · related or exempt $4,390,759
Functional expenses
Part IX, the statement of functional expenses.
-
11g · Fees: other
total $495,064 · program services $495,064
-
13 · Office expenses
total $2,752 · program services $2,752
-
24a · Other expenses: COMP & BENEFITS ALLOC.
total $3,895,695 · program services $3,895,695
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $22,248
-
17 · Accounts payable and accrued expenses
end of year $25,000
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
end of year -$2,752
Mission and programs · 2022
Mission
POKC WAS FORMED FOR CHARITABLE AND EDUCATIONAL PURPOSES & IS DEDICATED TO PROMOTION OF THE ARTS.
-
THE PHILADELPHIA ORCHESTRA AND KIMMEL CENTER, INC. (THE ORGANIZATION) IS A PENNSYLVANIA CHARITABLE NONPROFIT CORPORATION THAT WAS FORMED FOR CHARITABLE AND EDUCATIONAL PURPOSES AND IS DEDICATED TO THE PROMOTION OF THE ARTS. IN FURTHERANCE OF SUCH PURPOSES, THE ORGANIZATION WILL RETAIN ONE OF THE PREMIER ORCHESTRAS IN THE WORLD, CONSISTING OF TOP MUSICIANS AND AN INTERNATIONALLY RENOWNED CONDUCTOR, AND OPERATE A WORLD CLASS PERFORMING ARTS CENTER THAT ENGAGES AND SERVES BROAD AND DIVERSE AUDIENCES FROM THE GREATER PHILADELPHIA REGION WITH AN EQUALLY DIVERSE PROGRAMMING BLEND WHILE PROMOTING CULTURE AND THE PERFORMING ARTS FOR THE BENEFIT OF THE CITIZENS OF THE CITY OF PHILADELPHIA AND THE SURROUNDING REGION. (CONTINUED IN SCH O)THE ORGANIZATION WAS ESTABLISHED TO SERVE AS THE CONTROLLING MEMBER OF A GROUP OF AFFILIATED ORGANIZATIONS THAT INCLUDES THE PHILADELPHIA ORCHESTRA ASSOCIATION (THE ORCHESTRA) AND KIMMEL CENTER, INC. (THE KIMMEL) IN ORDER TO BROADEN THE CULTURAL, ARTISTIC AND EDUCATIONAL REACH OF THE AFFILIATED GROUP. EACH OF THE KIMMEL AND THE ORCHESTRA IS A PENNSYLVANIA NONPROFIT CORPORATION AND A PUBLIC CHARITY DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). THE ORCHESTRA WAS FORMED IN 1903 TO SHARE THE TRANSFORMATIVE POWER OF MUSIC WITH THE WIDEST POSSIBLE AUDIENCE AND TO CREATE JOY, CONNECTION, AND EXCITEMENT THROUGH MUSIC IN THE PHILADELPHIA REGION, ACROSS THE COUNTRY, AND AROUND THE WORLD. THE ORCHESTRA IS ALSO THE SOLE MEMBER OF THE ACADEMY OF MUSIC OF PHILADELPHIA, INC. THE KIMMEL WAS FORMED IN 1996 TO OPERATE A WORLD-CLASS PERFORMING ARTS CENTER THAT ENGAGES AND SERVES A BROAD AND DIVERSE AUDIENCE FROM THE GREATER PHILADELPHIA REGION.THE ORCHESTRA AND THE KIMMEL HAVE A LONG HISTORY OF CLOSE COLLABORATION, WHICH HAS DEEPENED SIGNIFICANTLY OVER THE PAST FEW YEARS. AS A RESULT, THE TWO ORGANIZATIONS DETERMINED IT WOULD BE IN THEIR MUTUAL BEST INTEREST TO REIMAGINE THEIR RELATIONSHIP AND MORE CLOSELY ALIGN THEIR ACTIVITIES AND OPERATIONS. THE ORGANIZATION WAS FORMED FOR THIS PURPOSE.UNDER THIS NEW STRUCTURE, THE ORCHESTRA AND THE KIMMEL WILL OPERATE IN CONCERT UNDER THE UMBRELLA OF THE ORGANIZATION, AND THE ORGANIZATION WILL PROVIDE OVERSIGHT, GUIDANCE, STRATEGIC VISION AND PROGRAMMATIC COORDINATION AND PLANNING TO THE KIMMEL AND THE ORCHESTRA. SIMILARLY, IT WILL SEEK TO BRING THE GREATEST PERFORMANCES AND MOST IMPACTFUL EDUCATION AND COMMUNITY PROGRAMS, IN PERSON AND DIGITALLY, TO THE DIVERSE AUDIENCES OF PHILADELPHIA, AND BEYOND.IN THIS WAY, THE ORGANIZATION WILL REIMAGINE THE POWER OF THE ARTS TO BRING JOY, CREATE COMMUNITY, AND EFFECT CHANGE-TO UPLIFT ALL PHILADELPHIANS AND CITIZENS OF THE COMMONWEALTH OF PENNSYLVANIA.
Expenses $4,393,511 · Revenue $4,390,759
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Matias TarnopolskyMATIAS TARNOPOLSKY
BD MEMBER/PRESIDENT&CEO
- Total calculated
- $978,363
- From this org
- $0
- From related orgs
- $910,907
- Other
- $67,456
- Hours/week
- 5 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $735,217 related
- Bonus
- $0 + $175,000 related
- Other
- $0 + $690 related
- Deferred
- $0 + $37,525 related
- Nontaxable benefits
- $0 + $29,931 related
- Filer's total
- $0 + $978,363 related
-
Anne C EwersANNE C EWERS
BOARD MEMBER
- Total calculated
- $685,024
- From this org
- $0
- From related orgs
- $656,128
- Other
- $28,896
- Hours/week
- 2 + 4 related
Schedule J breakdown matched by us
- Base
- $0 + $579,637 related
- Bonus
- $0 + $76,491 related
- Other
- $0
- Deferred
- $0 + $13,000 related
- Nontaxable benefits
- $0 + $15,896 related
- Filer's total
- $0 + $685,024 related
-
David KimDAVID KIM
MUSICIAN/BOARD MEMBER
- Total calculated
- $500,031
- From this org
- $0
- From related orgs
- $455,703
- Other
- $44,328
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $454,223 related
- Bonus
- $0
- Other
- $0 + $1,480 related
- Deferred
- $0 + $13,492 related
- Nontaxable benefits
- $0 + $30,836 related
- Filer's total
- $0 + $500,031 related
-
Mario MestichelliMARIO MESTICHELLI
BD MEMBER (EVP&CFO)
- Total calculated
- $373,086
- From this org
- $0
- From related orgs
- $319,970
- Other
- $53,116
- Hours/week
- 5 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $319,280 related
- Bonus
- $0
- Other
- $0 + $690 related
- Deferred
- $0 + $24,400 related
- Nontaxable benefits
- $0 + $28,716 related
- Filer's total
- $0 + $373,086 related
-
Juliette KangJULIETTE KANG
MUSICIAN/BOARD MEMBER
- Total calculated
- $298,514
- From this org
- $0
- From related orgs
- $255,889
- Other
- $42,625
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $254,501 related
- Bonus
- $0
- Other
- $0 + $1,388 related
- Deferred
- $0 + $11,589 related
- Nontaxable benefits
- $0 + $31,036 related
- Filer's total
- $0 + $298,514 related
-
Jae Dara MoralesJAE DARA MORALES
MUSICIAN/BOARD MEMBER
- Total calculated
- $241,403
- From this org
- $0
- From related orgs
- $199,451
- Other
- $41,952
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $198,307 related
- Bonus
- $0
- Other
- $0 + $1,144 related
- Deferred
- $0 + $11,572 related
- Nontaxable benefits
- $0 + $30,380 related
- Filer's total
- $0 + $241,403 related
-
William PolkWILLIAM POLK
MUSICIAN/BOARD MEMBER
- Total calculated
- $206,630
- From this org
- $0
- From related orgs
- $166,184
- Other
- $40,446
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $165,040 related
- Bonus
- $0
- Other
- $0 + $1,144 related
- Deferred
- $0 + $11,560 related
- Nontaxable benefits
- $0 + $28,886 related
- Filer's total
- $0 + $206,630 related
-
Sarah Miller CoulsonSARAH MILLER COULSON
BOARD MEMBER/SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Michael ZismanMICHAEL ZISMAN
BOARD MEMBER/CO-CHAIR
- Total calculated
- $0
- Hours/week
- 5 + 15 related
-
Ralph W MullerRALPH W MULLER
BOARD MEMBER/CO-CHAIR
- Total calculated
- $0
- Hours/week
- 5 + 15 related
-
David B FayDAVID B FAY
MUSICIAN/BOARD MEMBER
- Total calculated
- $205,475
- From this org
- $0
- From related orgs
- $167,427
- Other
- $38,048
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $165,671 related
- Bonus
- $0
- Other
- $0 + $1,756 related
- Deferred
- $0 + $15,184 related
- Nontaxable benefits
- $0 + $22,864 related
- Filer's total
- $0 + $205,475 related
-
Angela BostickANGELA BOSTICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
James P BrandauJAMES P BRANDAU
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Patrick J Brennan MDPATRICK J BRENNAN MD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jeffrey BrownJEFFREY BROWN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Elaine Woo CamardaELAINE WOO CAMARDA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Richard D CarpenterRICHARD D CARPENTER
BOARD MEMBER (THRU JUNE 2023)
- Total calculated
- $0
- Hours/week
- 2
-
Sara CeratoSARA CERATO
BOARD MEMBER (AS OF SEP 2022)
- Total calculated
- $0
- Hours/week
- 2
-
Joseph CiresiJOSEPH CIRESI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Rev Luis Cortes JrREV LUIS CORTES JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michael M ConeMICHAEL M CONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Robert CorratoROBERT CORRATO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 10 related
-
Kenneth DavisKENNETH DAVIS
BOARD MEMBER (THRU DEC 2022)
- Total calculated
- $0
- Hours/week
- 2
-
Robert DelanyROBERT DELANY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mark S DichterMARK S DICHTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 10 related
-
Jeff DittusJEFF DITTUS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Alexandra T Victor EdsallALEXANDRA T VICTOR EDSALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Joseph M FieldJOSEPH M FIELD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mark J FoleyMARK J FOLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
John FryJOHN FRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lauren GilchristLAUREN GILCHRIST
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Judith GlickJUDITH GLICK
BOARD MEMBER (THRU DEC 2022)
- Total calculated
- $0
- Hours/week
- 2
-
Donald GoldsmithDONALD GOLDSMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Juliet J GoodfriendJULIET J GOODFRIEND
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Julia Haller MDJULIA HALLER MD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Lauren HartLAUREN HART
BOARD MEMBER (THRU DEC 2022)
- Total calculated
- $0
- Hours/week
- 2
-
Robert C HeimROBERT C HEIM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Joe HillJOE HILL
BOARD MEMBER (THRU JULY 2023)
- Total calculated
- $0
- Hours/week
- 2
-
Osagie O ImasogieOSAGIE O IMASOGIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 10 related
-
Patricia Harron ImbesiPATRICIA HARRON IMBESI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Erika H James PhDERIKA H JAMES PHD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Philip JauriguePHILIP JAURIGUE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ronald KaisermanRONALD KAISERMAN
BOARD MEMBER (THRU DEC 2022)
- Total calculated
- $0
- Hours/week
- 2
-
Bennett KeiserBENNETT KEISER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Christopher M KeithCHRISTOPHER M KEITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michael KihnMICHAEL KIHN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Neal W KrouseNEAL W KROUSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lauren LambrugoLAUREN LAMBRUGO
BOARD MEMBER (AS OF JUL 2023)
- Total calculated
- $0
- Hours/week
- 2
-
Joan LauJOAN LAU
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jeffrey LeonardJEFFREY LEONARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Brook LenfestBROOK LENFEST
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 10 related
-
Kelly LeeKELLY LEE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Bruce G LetoBRUCE G LETO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Tod J MacKenzieTOD J MACKENZIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Joseph M Manko SrJOSEPH M MANKO SR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sandra G MarshallSANDRA G MARSHALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jeffrey McFaddenJEFFREY MCFADDEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Stan MiddlemanSTAN MIDDLEMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jami Wintz McKeonJAMI WINTZ MCKEON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 10 related
-
John H McFaddenJOHN H MCFADDEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Elizabeth MurphyELIZABETH MURPHY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 10 related
-
Roberto PerezROBERTO PEREZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Nicole PerkinsNICOLE PERKINS
BOARD MEMBER (THRU MAY 2023)
- Total calculated
- $0
- Hours/week
- 2
-
Elise Du PontELISE DU PONT
BOARD MEMBER (THRU DEC 2022)
- Total calculated
- $0
- Hours/week
- 2
-
Sulaiman RahmanSULAIMAN RAHMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Jon Michael RichterJON MICHAEL RICHTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Caroline B RogersCAROLINE B ROGERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 14 related
-
Nancy RogersNANCY ROGERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dianne RotwittDIANNE ROTWITT
BOARD MEMBER (THRU SEP 2022)
- Total calculated
- $0
- Hours/week
- 2
-
Michele Kreisler RubensteinMICHELE KREISLER RUBENSTEIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Charles E RyanCHARLES E RYAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dianne SemingsonDIANNE SEMINGSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Yannick Nezet-SeguinYANNICK NEZET-SEGUIN
MUSIC DIR/BD MEMBER
- Total calculated
- $1,543,117
- From this org
- $0
- From related orgs
- $1,543,117
- Other
- $0
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $1,543,117 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $1,543,117 related
-
Adele K SchaefferADELE K SCHAEFFER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Peter L ShawPETER L SHAW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Anne Faulkner SchoemakerANNE FAULKNER SCHOEMAKER
BOARD MEMBER (THRU DEC 2022)
- Total calculated
- $0
- Hours/week
- 2
-
Dalila Wilson-ScottDALILA WILSON-SCOTT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Adrienne SimpsonADRIENNE SIMPSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Lindy SniderLINDY SNIDER
BOARD MEMBER (THRU DEC 2022)
- Total calculated
- $0
- Hours/week
- 2
-
Matthew TaylorMATTHEW TAYLOR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Fabio TerlevichFABIO TERLEVICH
BOARD MEMBER (THRU DEC 2022)
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer F TerryJENNIFER F TERRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sherry VarrelmanSHERRY VARRELMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Laurie WagmanLAURIE WAGMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Robert WilsonROBERT WILSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Richard B WorleyRICHARD B WORLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 10 related
-
Alison YoungALISON YOUNG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Joseph ZebrowitzJOSEPH ZEBROWITZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Bin ZhangBIN ZHANG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
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
- 4b · Supplemental nonqualified retirement plan
Answered no
- 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
- 9 · Followed the rebuttable-presumption procedure
The filer's explanations (Part III)
- PART I, LINE 3
- THE PHILADELPHIA ORCHESTRA AND KIMMEL CENTER, INC. (POKC) DOES NOT HAVE ANY PAID EMPLOYEES; ALL COMPENSATION TO THE CEO ON PART VII OF THE FORM 990 WAS PAID BY A RELATED ORGANIZATION, THE PHILADELPHIA ORCHESTRA ASSOCIATION (ASSOCIATION). THE ASSOCIATION UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS CEO IS REASONABLE GIVEN THE MARKET IN WHICH THE ASSOCIATION OPERATES. THE ASSOCIATION CHECKS THE FOLLOWING BOXES FOR QUESTION 3 ON ITS FORM 990: COMPENSATION COMMITTEE FORM 990 OF OTHER ORGANIZATIONS WRITTEN EMPLOYMENT CONTRACT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE IN RELEVANT PART, THE BOARD OF DIRECTORS HAS ESTABLISHED A COMPENSATION COMMITTEE OF INDEPENDENT PERSONS THAT HAVE NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION AGREEMENT. THE COMPENSATION COMMITTEE OBTAINS A MARKET ASSESSMENT AND COMPETITIVE POSITION ANALYSIS FOR THE ASSOCIATION'S TOP EXECUTIVES. THE COMPENSATION COMMITTEE WILL THEN SET THE COMPENSATION FOR THE RELEVANT EXECUTIVE AND DOCUMENT THE DECISION IN BOARD MINUTES.
- PART I, LINE 4B
- THE PHILADELPHIA ORCHESTRA AND KIMMEL CENTER, INC. BOARD MEMBER AND OFFICER, MATIAS TARNOPOLSKY, IS THE PRESIDENT/CEO OF THE PHILADELPHIA ORCHESTRA ASSOCIATION (POA). AS PART OF HIS EMPLOYMENT AGREEMENT, MR. TARNOPOLSKY PARTICIPATES IN A NONQUALIFIED DEFERRED COMPENSATION PLAN. AMOUNTS ARE CREDITED TO THE PLAN EACH YEAR AND PLAN BALANCES ARE SUBJECT TO FORFEITURE AND/OR PAYMENT IF CERTAIN CONDITIONS ARE MET. AMOUNTS ACCRUED UNDER THE PLAN IN THE CURRENT YEAR ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C). NO PAYMENTS WERE MADE TO MR. TARNOPOLSKY UNDER THE PLAN IN CALENDAR YEAR 2022.
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
PHILADELPHIA ORCHESTRA ASSOC ENDOWMENT
501(C)(3) · SUPPORTING POA · PA · controlled entity
Directly controlled by POA
-
THE ACADEMY OF MUSIC PHILADELPHIA INC
501(C)(3) · RESTORATION · PA · controlled entity
Directly controlled by POA
-
501(C)(3) · PERFORMING ARTS · PA · controlled entity
Directly controlled by POKC
-
PHILADELPHIA ORCHESTRA ASSOCIATION
501(C)(3) · ORCHESTRA · PA · controlled entity
Directly controlled by POKC
-
THE ACADEMY OF MUSIC ENDOWMENT FUND
501(C)(3) · SUPPORTING AOM · PA · controlled entity
Directly controlled by AOM
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401949349300840
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.