Civic Intelligence

Buffalo Philharmonic Orchestra Foundation Inc.

990 • Fiscal year 2021 • EIN 22-2270540

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 05, 2022

Organization ProfileWWW.BPO.ORG
786 Delaware AvenueBuffalo, NY 14209

(716) 885-0331

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

4th percentile

0.00x

Higher debt load relative to assets than 4% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

86th percentile

48%

Higher net margin than 86% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

70th percentile

$337,215

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

72nd percentile

21%

Faster asset growth than 72% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

153%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets4th percentile

Assets

Up

$37,548,193

Up $6,395,912 (+21%) from 2020

Net Assets

Up

$37,545,594

Up $6,395,912 (+21%) from 2020

Liabilities

Flat

$2,599

Flat from 2020

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin86th percentile

Revenue

Up

$2,671,215

Up $1,614,421 (+153%) from 2020

Expenses

Up

$1,377,291

Up $158,948 (+13%) from 2020

Net Income

Up

$1,293,924

Up $1,455,473 (+901%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $14,477,663Liabilities 2010: $125,792Net Assets 2010: $14,351,8712010Assets 2011: $14,951,479Liabilities 2011: $7,200Net Assets 2011: $14,944,2792011Assets 2012: $15,410,415Liabilities 2012: $0Net Assets 2012: $15,410,4152012Assets 2013: $16,606,580Liabilities 2013: $1,925Net Assets 2013: $16,604,6552013Assets 2014: $18,828,244Liabilities 2014: $6,425Net Assets 2014: $18,821,8192014Assets 2015: $18,411,070Liabilities 2015: $2,781Net Assets 2015: $18,408,2892015Assets 2016: $22,599,712Liabilities 2016: $2,781Net Assets 2016: $22,596,9312016Assets 2017: $25,914,729Liabilities 2017: $2,425Net Assets 2017: $25,912,3042017Assets 2018: $28,904,029Liabilities 2018: $8,600Net Assets 2018: $28,895,4292018Assets 2019: $28,149,310Liabilities 2019: $2,599Net Assets 2019: $28,146,7112019Assets 2020: $31,152,281Liabilities 2020: $2,599Net Assets 2020: $31,149,6822020Assets 2021: $37,548,193Liabilities 2021: $2,599Net Assets 2021: $37,545,5942021Assets 2022: $34,985,647Liabilities 2022: $2,599Net Assets 2022: $34,983,0482022Assets 2023: $36,991,031Liabilities 2023: $102,599Net Assets 2023: $36,888,4322023Assets 2024: $41,192,102Liabilities 2024: $0Net Assets 2024: $41,192,1022024

Highlighted filing

2021

Assets$37,548,193
Liabilities$2,599
Net Assets$37,545,594
Open 2021 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $568,8812010Expenses 2011: $878,8282011Expenses 2012: $804,1382012Expenses 2013: $748,4932013Revenue 2014: $384,834Expenses 2014: $821,137Net Income 2014: -$436,3032014Revenue 2015: $862,345Expenses 2015: $821,938Net Income 2015: $40,4072015Revenue 2016: $4,201,910Expenses 2016: $889,792Net Income 2016: $3,312,1182016Revenue 2017: $3,080,594Expenses 2017: $939,687Net Income 2017: $2,140,9072017Revenue 2018: $2,645,385Expenses 2018: $1,000,309Net Income 2018: $1,645,0762018Revenue 2019: $772,812Expenses 2019: $1,101,946Net Income 2019: -$329,1342019Revenue 2020: $1,056,794Expenses 2020: $1,218,343Net Income 2020: -$161,5492020Revenue 2021: $2,671,215Expenses 2021: $1,377,291Net Income 2021: $1,293,9242021Revenue 2022: $6,684,616Expenses 2022: $1,557,476Net Income 2022: $5,127,1402022Revenue 2023: $1,264,552Expenses 2023: $1,740,242Net Income 2023: -$475,6902023Revenue 2024: $1,623,649Expenses 2024: $1,866,152Net Income 2024: -$242,5032024

Highlighted filing

2021

Revenue$2,671,215
Expenses$1,377,291
Net Income$1,293,924
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 5, 2022
Return Version
2020v4.2
Gross Receipts
$2,675,837
Mission and Program Overview

Mission

The primary purpose of the organization is to solict, receive and maintain an endowment fund for the benefit of the buffalo philharmonic orchestra society, inc.

The buffalo philharmonic orchestra foundation, inc. Is a not-for-profit corporation whose primary purpose is to solicit, receive and maintain an endowment fund for the benefit of the buffalo philharmonic orchestra society, inc. And to assure the continued availability of live performance of symphonic music by professional musicians.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$30,034,273$35,895,234▲ $5,860,961
Pledges and Grants Receivable$1,102,900$1,637,164▲ $534,264
Savings and Temporary Cash Investments$14,658$15,293▲ $635
Cash and Non-Interest-Bearing Accounts$450$502▲ $52
Total Assets$31,152,281$37,548,193▲ $6,395,912
Liabilities
Accounts Payable and Accrued Expenses$2,599$2,599→ $0
Total Liabilities$2,599$2,599→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$27,745,584$33,971,323▲ $6,225,739
Net Assets With Donor Restrictions$3,404,098$3,574,271▲ $170,173
Total Net Assets Fund Balance$31,149,682$37,545,594▲ $6,395,912
Total Liabilities and Net Assets / Fund Balance$31,152,281$37,548,193▲ $6,395,912
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleOtherTotal
Kevin JamesDirector of Finance$137,667$137,667

Board Members and Trustees

NameTitle
John J ZakChair
Daniel HartExecutive Director
John YurtchukMember
Karen ArrisonMember
Micheal MunschauerMember
Aleks SpellmanSecretary
Holly HejmowskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$535,193
Program Service Revenue
$0
Investment Income
$2,136,022
Other Revenue
$0
All Other Contributions
$535,193
Change in Net Assets
$1,293,924

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,568,933
Revenue Not Reported on Financial Statements
$102,282
Revenue Not Reported on Form 990
$5,101,988
Total Revenue per Audited Statements
$7,670,921
Total Revenue per Form 990
$2,671,215
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,265,881
Other Expenses$111,410
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,265,881--$1,265,881
Fees for Service Investment Mgmnt Fees-$102,282-$102,282
Fees for Services Other-$6,050-$6,050
Insurance-$1,348-$1,348
Other Expenses-$180-$180
Total Functional Expenses$1,265,881$111,410$0$1,377,291

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,377,291
Expenses per Audited Statements$1,275,009
Total Expenses per Audited Statements$1,275,009
Expenses Not Reported on Financial Statements$102,282
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Buffalo Philharmonic Orchestra Society IncBuffalo, NY501(c)(3)Required Annual Distribution of Fund Income to Supported Organization.$1,265,881
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Through email to the executive committee and finance committee.”

Form 990, Part VI, Section B, Line 12C

“Directors are asked to recuse themselves from any discussion for which they have a conflict.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Buffalo Philharmonic Orchestra
EIN
22-2270540
Phone
7168850331
Address
786 DELAWARE AVENUE, BUFFALO, NY 14209

Signing Officer

Name
Daniel Hart
Title
Executive Director
Phone
7168850331
Signed
2022-07-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Hart
Formed
1979
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
David a Urban CPA
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed in the current year.”

Financial Statement Notes

PART X, LINE 2:

“The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (the code), therefore, no provision for income taxes is reflected in the financial statements. The foundation has been classified as a publicly supported organization that is not a private foundation under section 509(a) of the code. The foundation presently discloses or recognizes income tax positions based on managements estimate of whether it is reasonably possible or probable that a liability has been incurred for unrecognized income taxes. Management has concluded that the foundation has taken no uncertain tax positions that require adjustment in its financial statements. U.s. Forms 990 filed by the foundation are subject to examination by taxing authorities.”

Raw XML AppendixShowing 400 of 454 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02599
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02599
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE BUFFALO PHILHARMONIC ORCHESTRA FOUNDATION, INC. IS A NOT-FOR-PROFIT CORPORATION WHOSE PRIMARY PURPOSE IS TO SOLICIT, RECEIVE AND MAINTAIN AN ENDOWMENT FUND FOR THE BENEFIT OF THE BUFFALO PHILHARMONIC ORCHESTRA SOCIETY, INC. AND TO ASSURE THE CONTINUED AVAILABILITY OF LIVE PERFORMANCE OF SYMPHONIC MUSIC BY PROFESSIONAL MUSICIANS.
IRS990/AllOtherContributionsAmt0535193
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KEVIN JAMES CPA
IRS990/BooksInCareOfDetail/PhoneNum07168850331
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0786 DELAWARE AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014209
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0450
IRS990/CashNonInterestBearingGrp/EOYAmt0502
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0535193
IRS990/CYGrantsAndSimilarPaidAmt01265881
IRS990/CYInvestmentIncomeAmt02136022
IRS990/CYOtherExpensesAmt0111410
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01293924
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01377291
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02671215
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0REQUIRED ANNUAL DISTRIBUTION OF FUND INCOME TO SUPPORT THE BUFFALO PHILHARMONIC ORCHESTRA SOCIETY, INC.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt03404098
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt03574271
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01265881
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06050
IRS990/FeesForServicesOtherGrp/TotalAmt06050
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0102282
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0102282
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt621558
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt720205
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN J ZAK
IRS990/Form990PartVIISectionAGrp/PersonNm1HOLLY HEJMOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm2ALEKS SPELLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3KAREN ARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHEAL MUNSCHAUER
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN YURTCHUK
IRS990/Form990PartVIISectionAGrp/PersonNm6DANIEL HART
IRS990/Form990PartVIISectionAGrp/PersonNm7KEVIN JAMES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6315657
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7117462
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR OF FINANCE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01506086
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt01265881
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01265881
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01265881
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01510708
IRS990/GrossReceiptsAmt02675837
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01348
IRS990/InsuranceGrp/TotalAmt01348
IRS990/InvestmentIncomeGrp/ExclusionAmt0629936
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0629936
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt030034273
IRS990/InvestmentsPubTradedSecGrp/EOYAmt035895234
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04622
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO SOLICIT, RECEIVE AND MAINTAIN AN ENDOWMENT FUND FOR THE BENEFIT OF THE BUFFALO PHILHARMONIC ORCHESTRA SOCIETY, INC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt031149682
IRS990/NetAssetsOrFundBalancesEOYAmt037545594
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01506086
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01506086
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt05101988
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt027745584
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt033971323
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FILING FEES
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01550
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1180
IRS990/OtherExpensesGrp/TotalAmt01550
IRS990/OtherExpensesGrp/TotalAmt1180
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01102900
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01637164
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DANIEL HART
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0368340
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01128897
IRS990/PYInvestmentIncomeAmt0688454
IRS990/PYOtherExpensesAmt089446
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-161549
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01218343
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01056794
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01293924
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014658
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015293
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0AT ALL TIMES, AT LEAST ONE (1) DIRECTOR SHALL BE A CURRENT MEMBER OF THE BOARD OF TRUSTEES OF THE SOCIETY AND ONE SHALL BE A PERSON WHO IS NEITHER A CURRENT NOR A PAST TRUSTEE OF THE SOCIETY; PROVIDED THAT NO MORE THAN FOUR (4) DIRECTORS MAY BE CURRENT OR PAST MEMBERS OF THE BOARD OF TRUSTEES OF THE SOCIETY AT ANY ONE TIME. IN ADDITION, THE EXECUTIVE DIRECTOR AND THE CHIEF FINANCIAL OFFICER OF THE SOCIETY SHALL BE EX-OFFICIO, NON-VOTING MEMBERS OF THE BOARD.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A., PART IV, SECTION B, LINE 1:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0160755739
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01265881
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BUFFALO PHILHARMONIC ORCHESTRA
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01265881
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0102282
IRS990ScheduleD/ExpensesSubtotalAmt01275009
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0102282
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0102282
IRS990ScheduleD/NetUnrealizedGainsInvstAmt05101988
IRS990ScheduleD/RevenueNotReportedAmt05101988
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0102282
IRS990ScheduleD/RevenueSubtotalAmt02568933
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE FOUNDATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENTS ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01377291
IRS990ScheduleD/TotalRevenuePerForm990Amt02671215
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07670921
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01275009
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt01265881
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0REQUIRED ANNUAL DISTRIBUTION OF FUND INCOME TO SUPPORTED ORGANIZATION.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BUFFALO PHILHARMONIC ORCHESTRA SOCIETY INC
IRS990ScheduleI/RecipientTable/RecipientEIN0160755739
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0786 DELAWARE AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BUFFALO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd014209
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0315657
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt021558
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DANIEL HART
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0337215
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THROUGH EMAIL TO THE EXECUTIVE COMMITTEE AND FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS ARE ASKED TO RECUSE THEMSELVES FROM ANY DISCUSSION FOR WHICH THEY HAVE A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED IN THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BUFFALO PHILHARMONIC ORCHESTRA SOCIETY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0160755739
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0THE BPO PRODUCES SYMPHONIC MUSIC FOR THE CULTURAL BENEFIT OF BUFFALO, NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0786 DELAWARE AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd014209
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt031152281
IRS990/TotalAssetsEOYAmt037548193
IRS990/TotalAssetsGrp/BOYAmt031152281
IRS990/TotalAssetsGrp/EOYAmt037548193
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0535193
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0111410
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01265881
IRS990/TotalFunctionalExpensesGrp/TotalAmt01377291
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02599
IRS990/TotalLiabilitiesEOYAmt02599
IRS990/TotalLiabilitiesGrp/BOYAmt02599
IRS990/TotalLiabilitiesGrp/EOYAmt02599
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt031149682
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt037545594
IRS990/TotalOtherCompensationAmt041763
IRS990/TotalProgramServiceExpensesAmt01265881
IRS990/TotalReportableCompFromOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,548,193
Liabilities
$2,599
Net assets
$37,545,594
Revenue
$2,671,215
Expenses
$1,377,291
Net income
$1,293,924
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$41.2$0.00$41.2$1.62$1.87$0.24
2023Detailed filing. Detailed filing data is available for this year.$37.0$0.10$36.9$1.26$1.74$0.48
2022Detailed filing. Detailed filing data is available for this year.$35.0$0.00$35.0$6.68$1.56$5.13
2021Detailed filing. Detailed filing data is available for this year.$37.5$0.00$37.5$2.67$1.38$1.29
2020Detailed filing. Detailed filing data is available for this year.$31.2$0.00$31.1$1.06$1.22$0.16
2019Detailed filing. Detailed filing data is available for this year.$28.1$0.00$28.1$0.77$1.10$0.33
2018Detailed filing. Detailed filing data is available for this year.$28.9$0.01$28.9$2.65$1.00$1.65
2017Detailed filing. Detailed filing data is available for this year.$25.9$0.00$25.9$3.08$0.94$2.14
2016Detailed filing. Detailed filing data is available for this year.$22.6$0.00$22.6$4.20$0.89$3.31
2015Detailed filing. Detailed filing data is available for this year.$18.4$0.00$18.4$0.86$0.82$0.04
2014Detailed filing. Detailed filing data is available for this year.$18.8$0.01$18.8$0.38$0.82$0.44
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$0.00$16.6$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$0.00$15.4$0.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.0$0.01$14.9$0.88
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$0.13$14.4$0.57