Civic Intelligence

Orchestra 2001 Incorporated

990 • Fiscal year 2018 • EIN 23-2545727

Sep 01, 2017 to Aug 31, 2018 • Filed on Apr 12, 2018

PO Box 7211Philadelphia, PA 19101

(267) 687-6243

Siviq Scores

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

Liabilities / Assets

87th percentile

0.35x

Higher debt load relative to assets than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

0.25x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

4th percentile

-114%

Higher net margin than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

95th percentile

$66,491

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 41.3% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

7th percentile

-58%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-64%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$115,319

Down $161,449 (-58%) from 2017

Net Assets

Down

$74,478

Down $184,216 (-71%) from 2017

Liabilities

Up

$40,841

Up $22,767 (+126%) from 2017

Revenue

Down

$161,012

Down $283,318 (-64%) from 2017

Expenses

Up

$345,228

Up $18,471 (+5.7%) from 2017

Net Income

Down

-$184,216

Down $301,789 (-257%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $34,225Liabilities 2011: $51,365Net Assets 2011: -$17,1402011Assets 2012: $148,068Liabilities 2012: $46,823Net Assets 2012: $101,2452012Assets 2013: $423,928Liabilities 2013: $47,578Net Assets 2013: $376,3502013Assets 2014: $433,768Liabilities 2014: $13,557Net Assets 2014: $420,2112014Assets 2015: $122,881Liabilities 2015: $17,497Net Assets 2015: $105,3842015Assets 2016: $159,651Liabilities 2016: $18,530Net Assets 2016: $141,1212016Assets 2017: $276,768Liabilities 2017: $18,074Net Assets 2017: $258,6942017Assets 2018: $115,319Liabilities 2018: $40,841Net Assets 2018: $74,4782018Assets 2019: $98,159Liabilities 2019: $36,287Net Assets 2019: $61,8722019Assets 2020: $307,345Liabilities 2020: $22,902Net Assets 2020: $284,4432020Assets 2021: $191,902Liabilities 2021: $816Net Assets 2021: $191,0862021Assets 2022: $300,493Liabilities 2022: $1,413Net Assets 2022: $299,0802022Assets 2023: $213,219Liabilities 2023: $2,896Net Assets 2023: $210,3232023Assets 2024: $87,213Liabilities 2024: $21,123Net Assets 2024: $66,0902024

Highlighted filing

2018

Assets$115,319
Liabilities$40,841
Net Assets$74,478

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $363,3762011Expenses 2012: $280,0522012Revenue 2013: $605,666Expenses 2013: $330,561Net Income 2013: $275,1052013Revenue 2014: $428,024Expenses 2014: $384,163Net Income 2014: $43,8612014Revenue 2015: $78,973Expenses 2015: $346,774Net Income 2015: -$267,8012015Revenue 2016: $353,326Expenses 2016: $276,889Net Income 2016: $76,4372016Revenue 2017: $444,330Expenses 2017: $326,757Net Income 2017: $117,5732017Revenue 2018: $161,012Expenses 2018: $345,228Net Income 2018: -$184,2162018Revenue 2019: $258,829Expenses 2019: $271,435Net Income 2019: -$12,6062019Revenue 2020: $425,922Expenses 2020: $203,351Net Income 2020: $222,5712020Revenue 2021: $138,436Expenses 2021: $231,793Net Income 2021: -$93,3572021Revenue 2022: $337,452Expenses 2022: $229,458Net Income 2022: $107,9942022Revenue 2023: $161,072Expenses 2023: $249,829Net Income 2023: -$88,7572023Revenue 2024: $150,514Expenses 2024: $294,747Net Income 2024: -$144,2332024

Highlighted filing

2018

Revenue$161,012
Expenses$345,228
Net Income-$184,216
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Apr 12, 2018
Return Version
2017v2.3
Gross Receipts
$161,012
Mission and Program Overview

Mission

The organization is a collective of adventurous, virtuoso performers dedicated to the music of our time. The ensemble strives to be an international leader in connecting diverse audiences with the greatest music of the 20th and 21st centuries, engaging new listeners through exhilarating concerts, innovative artistic collaborations, and enriching community partnerships in philadelphia and beyond.

The organization is dedicated to the performance of 20th and 21st century music

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$218,680$110,000▼ $108,680
Prepaid Expenses and Deferred Charges$11,320--
Loans From Officers Directors-$6,000-
Cash and Non-Interest-Bearing Accounts$43,518$3,909▼ $39,609
Total Assets$276,768$115,319▼ $161,449
Other Assets Total$3,250$1,410▼ $1,840
Liabilities
Accounts Payable and Accrued Expenses$18,074$34,841▲ $16,767
Total Liabilities$18,074$40,841▲ $22,767
Net Assets / Fund Balance
Temporarily Rstr Net Assets$243,250$113,600▼ $129,650
Unrestricted Net Assets$15,444$-39,122▼ $54,566
Total Net Assets Fund Balance$258,694$74,478▼ $184,216
Total Liabilities and Net Assets / Fund Balance$276,768$115,319▼ $161,449

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,037$1,037
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Adam LesnickExecutive DiFT$57,000$9,491$66,491
Jayce OgrenArtistic DirectorPT$22,500-$22,500

Board Members and Trustees

NameTitle
Jonathan HodgsonPresident
David DevoeBoard Member
Joannes HoekBoard Member
Johannes De JongBoard Member
Kevin CopeBoard Member
Peter BreslauerBoard Member
Will SachseBoard Member
Lynn Hollen LeesSecretary
Allison HerzTreasurer
Andrew RudinVice Preside
Gary KingVice Preside
Stephanie LewisVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$134,924
Program Service Revenue
$26,088
Investment Income
$0
Other Revenue
$0
All Other Contributions
$117,892
Change in Net Assets
$-184,216

Audited Revenue Reconciliation

Revenue per Audited Statements
$161,012
Revenue Not Reported on Form 990
$46,050
Total Revenue per Audited Statements
$207,062
Total Revenue per Form 990
$161,012
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$217,593
Salaries, Compensation, and Employee Benefits$127,635
Total Fundraising Expense$16,488
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$56,700$14,250$8,550$79,500
Occupancy$24,051$20,194-$44,245
Other Salaries and Wages$1,260$21,428$2,521$25,209
Advertising$21,390-$2,604$23,994
Other Employee Benefits$5,966$6,984$1,966$14,916
Travel$8,244$1,304-$9,548
Payroll Taxes$4,434$2,729$847$8,010
Office Expenses-$7,342-$7,342
Fees for Services Accounting-$6,800-$6,800
Other Expenses$4,972--$4,972
Insurance-$4,824-$4,824
Interest-$2,723-$2,723
All Other Expenses-$2,185-$2,185
Fees for Services Other-$1,181-$1,181
Total Functional Expenses$236,796$91,944$16,488$345,228

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$391,278
Expenses per Audited Statements$345,228
Total Expenses per Form 990$345,228
Expenses Not Reported on Form 990$46,050
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$6,000-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the 990 is reviewed each fiscal year by the president and treasurer and presented to the board

Form 990, Page 6, Part VI, Line 15A

Compensation of the organization's director and all employees are reviewed annually during the budget planning process

Form 990, Page 6, Part VI, Line 19

Tax return is available at the business location upon request

Filing and Contact Details

Filer

Filer Name
Orchestra 2001 Inc
EIN
23-2545727
Phone
2676876243
Address
PO BOX 7211, PHILADELPHIA, PA 19101

Signing Officer

Name
Adam Lesnick
Title
Executive Director
Phone
2676876243
Signed
2018-04-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Lesnick
Formed
1988
Legal Domicile
Pa
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
25

Preparer

Firm
Umbreit Korengel & Associates Pc
Address
714 E BALTIMORE PIKE, KENNETT SQUARE, PA 19348
Preparer
Kathleen a Wileczek CPA
Phone
6104443222
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IRS990/PayrollTaxesGrp/TotalAmt08010
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0218680
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0110000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011320
IRS990/PrincipalOfficerNm0ADAM LESNICK
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026088
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0412708
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0190326
IRS990/PYProgramServiceRevenueAmt031622
IRS990/PYRevenuesLessExpensesAmt0117573
IRS990/PYSalariesCompEmpBnftPaidAmt0136431
IRS990/PYTotalExpensesAmt0326757
IRS990/PYTotalRevenueAmt0444330
IRS990/ReconcilationRevenueExpnssAmt0-184216
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt026088
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0134924
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0412708
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0348863
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0281473
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0375040
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01553008
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0143
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0143
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0228424
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt01553008
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0134924
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0412708
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0348863
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0281473
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0375040
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01553008
IRS990ScheduleA/TotalSupportAmt01553151
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt046050
IRS990ScheduleD/DonatedServicesUseFcltsAmt046050
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01037
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01037
IRS990ScheduleD/ExpensesNotReportedAmt046050
IRS990ScheduleD/ExpensesSubtotalAmt0345228
IRS990ScheduleD/RevenueNotReportedAmt046050
IRS990ScheduleD/RevenueSubtotalAmt0161012
IRS990ScheduleD/TotalExpensesPerForm990Amt0345228
IRS990ScheduleD/TotalRevenuePerForm990Amt0161012
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0207062
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0391278
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt06000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt012000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0BOARD LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt06000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 IS REVIEWED EACH FISCAL YEAR BY THE PRESIDENT AND TREASURER AND PRESENTED TO THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION OF THE ORGANIZATION'S DIRECTOR AND ALL EMPLOYEES ARE REVIEWED ANNUALLY DURING THE BUDGET PLANNING PROCESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TAX RETURN IS AVAILABLE AT THE BUSINESS LOCATION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0243250
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0113600
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0276768
IRS990/TotalAssetsEOYAmt0115319
IRS990/TotalAssetsGrp/BOYAmt0276768
IRS990/TotalAssetsGrp/EOYAmt0115319
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0134924
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt016488
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt091944
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0236796
IRS990/TotalFunctionalExpensesGrp/TotalAmt0345228
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018074
IRS990/TotalLiabilitiesEOYAmt040841
IRS990/TotalLiabilitiesGrp/BOYAmt018074
IRS990/TotalLiabilitiesGrp/EOYAmt040841
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0258694
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt074478
IRS990/TotalOtherCompensationAmt09491
IRS990/TotalProgramServiceExpensesAmt0236796
IRS990/TotalProgramServiceRevenueAmt026088
IRS990/TotalReportableCompFromOrgAmt079500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt026088
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0161012
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0276768
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0115319
IRS990/TravelGrp/ManagementAndGeneralAmt01304
IRS990/TravelGrp/ProgramServicesAmt08244
IRS990/TravelGrp/TotalAmt09548
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt015444
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-39122
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 7211
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019101
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.ORCHESTRA2001.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM LESNICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02676876243
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ORCHESTRA 2001 INC
ReturnHeader/Filer/BusinessNameControlTxt0ORCH
ReturnHeader/Filer/EIN0232545727

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.87$0.21$0.66$1.51$2.95$1.44
2023Detailed filing. Detailed filing data is available for this year.$2.13$0.03$2.10$1.61$2.50$0.89
2022Detailed filing. Detailed filing data is available for this year.$3.00$0.01$2.99$3.37$2.29$1.08
2021Detailed filing. Detailed filing data is available for this year.$1.92$0.01$1.91$1.38$2.32$0.93
2020Detailed filing. Detailed filing data is available for this year.$3.07$0.23$2.84$4.26$2.03$2.23
2019Detailed filing. Detailed filing data is available for this year.$0.98$0.36$0.62$2.59$2.71$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.41$0.74$1.61$3.45$1.84
2017Detailed filing. Detailed filing data is available for this year.$2.77$0.18$2.59$4.44$3.27$1.18
2016Detailed filing. Detailed filing data is available for this year.$1.60$0.19$1.41$3.53$2.77$0.76
2015Detailed filing. Detailed filing data is available for this year.$1.23$0.17$1.05$0.79$3.47$2.68
2014Detailed filing. Detailed filing data is available for this year.$4.34$0.14$4.20$4.28$3.84$0.44
2013Summary only. Only limited summary data is available for this year.$4.24$0.48$3.76$6.06$3.31$2.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.47$1.01$2.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.51$0.17$3.63