Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
EIN 31-1750843 • 501(c)3 • Somerville, MA
Profile
To perform free summer concerts in settings of historical, geographical and architectural significance in the boston area. Performing exceptional music in extraordinary settings, the landmarks orchestra seeks to develop a broad appreciation of classical music, build communitites and enhance the cultural life of the area during the summer.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
Liabilities / Revenue
38th percentile
Higher debt load relative to revenue than 38% of similar nonprofits.
Net Margin
35th percentile
Higher net margin than 35% of similar nonprofits.
Top Officer Pay
52nd percentile
Higher top officer pay than 52% of similar nonprofits.
Top officer pay equals 5.3% of source-year revenue.
Asset Growth
30th percentile
Faster asset growth than 30% of similar nonprofits.
Revenue Growth
29th percentile
Faster revenue growth than 29% of similar nonprofits.
Assets
Down$1,003,891
Down $268,126 (-21%) from 2021
Liabilities
Down$36,201
Down $100,871 (-74%) from 2021
Net Assets
Down$967,690
Down $167,255 (-15%) from 2021
Revenue
Down$1,218,829
Down $160,404 (-12%) from 2021
Expenses
Up$1,237,660
Up $90,733 (+7.9%) from 2021
Net Income
Down-$18,831
Down $251,137 (-108%) from 2021
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To perform free summer concerts in settings of historical, geographical and architectural significance in the boston area. Performing exceptional music in extraordinary settings, the landmarks orchestra seeks to develop a broad appreciation of classical music, build communitites and enhance the cultural life of the area during the summer.
The organizations central mission is to present free orchestral concerts as a means of bringing our community together an enriching our city. The orchestra is made up of some of the finest professional musicians in the region, and performs familiar classics, newly commissioned works, and neglected works by composers from underrepresented communities. We are deeply committed to increasing diversity, equality and inclusion both on and off stage, and we are dedicated to using music as a way to raise awareness of issues and bring people of all backgrounds together. Our signature concert series takes places outdoors at the iconic hatch memorial shell on the charles river, but we also perform frequently in the neighborhoods of boston and surrounding cities and towns, with a paticular focus on uderserved areas. The orchestra has a strong history of collaboration on and off stage, including partnerships with young people, other arts organizations and cultural and civic institutions.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $489,944 | $484,989 | ▼ $4,955 |
| Cash and Non-Interest-Bearing Accounts | $343,664 | $375,919 | ▲ $32,255 |
| Pledges and Grants Receivable | $188,677 | $131,683 | ▼ $56,994 |
| Prepaid Expenses and Deferred Charges | $5,104 | $9,643 | ▲ $4,539 |
| Investments in Publicly Traded Securities | $3,077 | $1,265 | ▼ $1,812 |
| Land, Buildings, and Equipment, Net | $1,150 | $392 | ▼ $758 |
| Total Assets | $1,031,616 | $1,003,891 | ▼ $27,725 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $45,095 | $36,201 | ▼ $8,894 |
| Total Liabilities | $45,095 | $36,201 | ▼ $8,894 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $819,844 | $836,307 | ▲ $16,463 |
| Net Assets With Donor Restrictions | $166,677 | $131,383 | ▼ $35,294 |
| Total Net Assets Fund Balance | $986,521 | $967,690 | ▼ $18,831 |
| Total Liabilities and Net Assets / Fund Balance | $1,031,616 | $1,003,891 | ▼ $27,725 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $392 | $66,270 | $66,662 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Arthur Rishi | Co-executive | FT | $65,167 | $65,167 |
| Mary Deissler | Co-executive | FT | $64,809 | $64,809 |
| Name | Title |
|---|---|
| Emmett Price | Chair |
| Allison Ryder | Director |
| Cie Petterson | Director |
| Daniel Perry | Director |
| David B Arnold Iii | Director |
| David Szabo | Director |
| Gene Dahmen | Director |
| Jean Scarrow | Director |
| Jeryl Oristaglio | Director |
| John Parisi | Director |
| Katharine Pell | Director |
| Milton Wright | Director |
| Peter Fiedler | Director |
| Sam Seicol | Director |
| Stephen Spinetto | Director |
| Mitchell Neider | Clerk |
| Amy Meyer | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $624,584 |
| Other Expenses | $613,076 |
| Total Fundraising Expense | $167,039 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $319,403 | $25,790 | $54,363 | $399,556 |
| Fees for Services Other | $298,424 | $22,537 | $37,971 | $358,932 |
| Current Officers, Directors, Trustees, and Key Employees | $45,546 | $38,957 | $45,474 | $129,977 |
| Payroll Taxes | $36,213 | $6,544 | $9,907 | $52,664 |
| Other Employee Benefits | $29,212 | $5,183 | $7,992 | $42,387 |
| Advertising | $36,678 | $125 | $525 | $37,328 |
| Fees for Services Accounting | - | $27,153 | - | $27,153 |
| Travel | $13,329 | $1,551 | - | $14,880 |
| All Other Expenses | $11,584 | $749 | $2,491 | $14,824 |
| Other Expenses | $1,157 | $13,294 | $193 | $14,644 |
| Occupancy | $7,418 | $1,316 | $2,029 | $10,763 |
| Information Technology | $1,539 | $7,438 | $223 | $9,200 |
| Insurance | $5,062 | $898 | $1,385 | $7,345 |
| Office Expenses | $2,755 | $3,135 | $280 | $6,170 |
| Depreciation Depletion | $537 | $71 | $150 | $758 |
| Total Functional Expenses | $909,610 | $161,011 | $167,039 | $1,237,660 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,237,660 |
| Total Expenses per Audited Statements | $1,237,660 |
| Total Expenses per Form 990 | $1,237,660 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Arthur Rishi Arts Management | Company Owned B | Artistic Admin | No | $35,000 |
| Deissler LLC | Company Owned B | Fundraising | No | $35,000 |
“Copy of return is reviewed by the treasurer with preparer and provided electronically to board of directors for review prior to filing”
“Annual disclosure of potential conflict of interest activities provided for review and approval by board.”
“Management compensation is reviewed and approved annually by the board based on comparables. A committee of the trustees compare wages and benefits with other non-profit organizations in boston, ma and conduct research on the internet.”
“Management compensation is reviewed and approved annually by the board based on comparables. A committee of the trustees compare wages and benefits with other non-profit organizations in boston, ma and conduct research on the internet.”
“Governing documents, irs form 990, and financial statements may be mailed to the public upon request or are available on the giving common website.”
“The organizations central mission is to present free orchestral concerts as a means of bringing our community together an enriching our city. The orchestra is made up of some of the finest professional musicians in the region, and performs familiar classics, newly commissioned works, and neglected works by composers from underrepresented communities. We are deeply committed to increasing diversity, equality and inclusion both on and off stage, and we are dedicated to using music as a way to raise awareness of issues and bring people of all backgrounds together. Our signature concert series takes places outdoors at the iconic hatch memorial shell on the charles river, but we also perform frequently in the neighborhoods of boston and surrounding cities and towns, with a paticular focus on uderserved areas. The orchestra has a strong history of collaboration on and off stage, including partnerships with young people, other arts organizations and cultural and civic institutions.”
“Consultant 0 20,610 35,000 contracted services 287,565 0 0 payroll processing fees 10,859 1,927 2,971 total 298,424 22,537 37,971”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 36201 |
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| IRS990/ActivityOrMissionDesc | 0 | THE ORGANIZATIONS CENTRAL MISSION IS TO PRESENT FREE ORCHESTRAL CONCERTS AS A MEANS OF BRINGING OUR COMMUNITY TOGETHER AN ENRICHING OUR CITY. THE ORCHESTRA IS MADE UP OF SOME OF THE FINEST PROFESSIONAL MUSICIANS IN THE REGION, AND PERFORMS FAMILIAR CLASSICS, NEWLY COMMISSIONED WORKS, AND NEGLECTED WORKS BY COMPOSERS FROM UNDERREPRESENTED COMMUNITIES. WE ARE DEEPLY COMMITTED TO INCREASING DIVERSITY, EQUALITY AND INCLUSION BOTH ON AND OFF STAGE, AND WE ARE DEDICATED TO USING MUSIC AS A WAY TO RAISE AWARENESS OF ISSUES AND BRING PEOPLE OF ALL BACKGROUNDS TOGETHER. OUR SIGNATURE CONCERT SERIES TAKES PLACES OUTDOORS AT THE ICONIC HATCH MEMORIAL SHELL ON THE CHARLES RIVER, BUT WE ALSO PERFORM FREQUENTLY IN THE NEIGHBORHOODS OF BOSTON AND SURROUNDING CITIES AND TOWNS, WITH A PATICULAR FOCUS ON UDERSERVED AREAS. THE ORCHESTRA HAS A STRONG HISTORY OF COLLABORATION ON AND OFF STAGE, INCLUDING PARTNERSHIPS WITH YOUNG PEOPLE, OTHER ARTS ORGANIZATIONS AND CULTURAL AND CIVIC INSTITUTIONS. |
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| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 125 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 36678 |
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| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 14824 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ARTHUR RISHI |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6179872000 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 231R HOLLAND ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SOMERVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02144 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 375919 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
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| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 45546 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 129977 |
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| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
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| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
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| IRS990/CYContributionsGrantsAmt | 0 | 1195109 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 22432 |
| IRS990/CYOtherExpensesAmt | 0 | 613076 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1288 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -18831 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 624584 |
| IRS990/CYTotalExpensesAmt | 0 | 1237660 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 167039 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1218829 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 150 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 71 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 537 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 758 |
| IRS990/Desc | 0 | PERFORMED ELEVEN FREE PUBLIC CONCERTS,ONE FREE COMMUNITY EVENT, AND FIFTEEN CONCERTS IN NURSING HOMES. APPROXIMARELY 20,000 PEOPLE ATTENDED THE FREE PUBLIC CONCERTS, AND APPROXIMATELY 450 PEOPLE ATTENDED THE NURSING HOME CONCERTS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 166677 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 131383 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 123 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 909610 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 27153 |
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| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 298424 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 358932 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CO-EXECUTIVE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CO-EXECUTIVE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CLERK |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
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| IRS990/MissionDesc | 0 | THE ORGANIZATIONS CENTRAL MISSION IS TO PRESENT FREE ORCHESTRAL CONCERTS AS A MEANS OF BRINGING OUR COMMUNITY TOGETHER AN ENRICHING OUR CITY. THE ORCHESTRA IS MADE UP OF SOME OF THE FINEST PROFESSIONAL MUSICIANS IN THE REGION, AND PERFORMS FAMILIAR CLASSICS, NEWLY COMMISSIONED WORKS, AND NEGLECTED WORKS BY COMPOSERS FROM UNDERREPRESENTED COMMUNITIES. WE ARE DEEPLY COMMITTED TO INCREASING DIVERSITY, EQUALITY AND INCLUSION BOTH ON AND OFF STAGE, AND WE ARE DEDICATED TO USING MUSIC AS A WAY TO RAISE AWARENESS OF ISSUES AND BRING PEOPLE OF ALL BACKGROUNDS TOGETHER. OUR SIGNATURE CONCERT SERIES TAKES PLACES OUTDOORS AT THE ICONIC HATCH MEMORIAL SHELL ON THE CHARLES RIVER, BUT WE ALSO PERFORM FREQUENTLY IN THE NEIGHBORHOODS OF BOSTON AND SURROUNDING CITIES AND TOWNS, WITH A PATICULAR FOCUS ON UDERSERVED AREAS. THE ORCHESTRA HAS A STRONG HISTORY OF COLLABORATION ON AND OFF STAGE, INCLUDING PARTNERSHIPS WITH YOUNG PEOPLE, OTHER ARTS ORGANIZATIONS AND CULTURAL AND CIVIC INSTITUTIONS. |
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