Civic Intelligence

The Armenian Philharmonic Orchestra

EIN 46-2464494 • 501(c)3 • Burbank, CA

Profile

This corporation is a nonprofit benefit corporation and is not organized for theprivate gain of any person. It is organized under the nonprofit public benefitcorporation law for public and charitable purposes.the specific purpose of this corporation is to present to the world the rich musicalheritage of the armenian philharmonic orchestra, to support the day-to-day activities of the armenian philharmonic orchestra, to provide youth mentorship and training programs for future generations of musicians, and to launch long-term public relations and fundraising campaigns to finance all objectives above.

1133 N Hollywood WayBurbank, CA 91505

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

96th percentile

87%

Higher net margin than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

91st percentile

90%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-54%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$379,744

Up $180,199 (+90%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$379,744

Up $180,199 (+90%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin96th percentile

Revenue

Down

$207,848

Down $242,152 (-54%) from 2023

Expenses

Down

$27,649

Down $372,926 (-93%) from 2023

Net Income

Up

$180,199

Up $130,774 (+265%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2012: $0Net Assets 2012: $02012Assets 2013: $12,912Net Assets 2013: $12,9122013Assets 2014: $2,014Net Assets 2014: $2,0142014Assets 2015: $1,356Net Assets 2015: $1,3562015Assets 2016: $686Net Assets 2016: $6862016Assets 2017: $120Net Assets 2017: $1202017Assets 2018: $89Net Assets 2018: $892018Assets 2019: $66Net Assets 2019: $662019Assets 2020: $93Net Assets 2020: $932020Assets 2021: $200,168Liabilities 2021: $0Net Assets 2021: $200,1682021Assets 2022: $150,120Liabilities 2022: $0Net Assets 2022: $150,1202022Assets 2023: $199,545Liabilities 2023: $0Net Assets 2023: $199,5452023Assets 2024: $379,744Liabilities 2024: $0Net Assets 2024: $379,7442024

Highlighted filing

2024

Assets$379,744
Liabilities$0
Net Assets$379,744
Open 2024 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2012: $02012Revenue 2013: $116,675Expenses 2013: $103,763Net Income 2013: $12,9122013Revenue 2014: $55,000Expenses 2014: $65,898Net Income 2014: -$10,8982014Revenue 2015: $8,586Expenses 2015: $9,244Net Income 2015: -$6582015Revenue 2016: $0Expenses 2016: $670Net Income 2016: -$6702016Revenue 2017: $0Expenses 2017: $566Net Income 2017: -$5662017Revenue 2018: $310Expenses 2018: $341Net Income 2018: -$312018Revenue 2019: $300Expenses 2019: $323Net Income 2019: -$232019Revenue 2020: $200Expenses 2020: $173Net Income 2020: $272020Revenue 2021: $301,800Expenses 2021: $101,725Net Income 2021: $200,0752021Revenue 2022: $475,500Expenses 2022: $525,548Net Income 2022: -$50,0482022Revenue 2023: $450,000Expenses 2023: $400,575Net Income 2023: $49,4252023Revenue 2024: $207,848Expenses 2024: $27,649Net Income 2024: $180,1992024

Highlighted filing

2024

Revenue$207,848
Expenses$27,649
Net Income$180,199
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$379,744
Liabilities
$0
Net assets
$379,744
Revenue
$207,848
Expenses
$27,649
Net income
$180,199
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.80$0.00$3.80$2.08$0.28$1.80
2023Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$4.50$4.01$0.49
2022Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$4.76$5.26$0.50
2021Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$3.02$1.02$2.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00$0.01$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.09$0.09$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.55$0.66$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.13$0.13$1.17$1.04$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$207,848
Mission and Program Overview

Mission

This corporation is a nonprofit benefit corporation and is not organized for the private gain of any person. It is organized under the nonprofit public benefit corporation law for public and charitable purposes.the specific purpose of this corporation is to present to the world the rich musical heritage of the armenian philharmonic orchestra, to support the day-to-day activities ot the armenian philharmonic orchestra, to provide youth mentorship and training programs for future generations of musicians, and to launch long-term public relations and fundraising campaings to finance all objectives above.

This corporation is a nonprofit benefit corporation and is not organized for theprivate gain of any person. It is organized under the nonprofit public benefitcorporation law for public and charitable purposes.the specific purpose of this corporation is to present to the world the rich musicalheritage of the armenian philharmonic orchestra, to support the day-to-day activities of the armenian philharmonic orchestra, to provide youth mentorship and training programs for future generations of musicians, and to launch long-term public relations and fundraising campaigns to finance all objectives above.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$54,545$226,896▲ $172,351
Savings and Temporary Cash Investments$145,000$152,848▲ $7,848
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$199,545$379,744▲ $180,199
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$199,545$379,744▲ $180,199
Total Net Assets Fund Balance$199,545$379,744▲ $180,199
Total Liabilities and Net Assets / Fund Balance$199,545$379,744▲ $180,199
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Haig S BagerdjianCEO
Neal CannonCFO
Varand GourjianSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$200,000
Program Service Revenue
$0
Investment Income
$7,848
Other Revenue
$0
All Other Contributions
$200,000
Change in Net Assets
$180,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$26,000
Other Expenses$1,649
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$26,000--$26,000
Fees for Services Accounting-$1,500-$1,500
Other Expenses-$25-$25
Information Technology-$24-$24
Total Functional Expenses$26,000$1,649$0$27,649
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Armenian General Ben UnionNew York, NY--$26,000
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
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

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
The Armenian Philharmonic Orchestra
EIN
46-2464494
Phone
8187832915
Address
1133 N HOLLYWOOD WAY, BURBANK, CA 91505

Signing Officer

Name
Haig S Bagerdjian
Title
CEO
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Haig S Bagerdjian
Formed
2012
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Lucas Horsfall Advisors LLC
Address
299 N Euclid Ave 2nd Floor, Pasadena, CA 91101
Preparer
Nikka L Yochim
Phone
8183773300
Raw XML Appendix339 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.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
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IRS990ScheduleI/RecipientTable/RecipientEIN0135600421
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IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/AddressLine1Txt0c/o 1133 N HOLLYWOOD WAY
IRS990/USAddress/CityNm0BURBANK
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091505
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HAIG S BAGERDJIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ARMENIAN PHILHARMONIC ORCHESTRA
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ARME
ReturnHeader/Filer/EIN0462464494
ReturnHeader/Filer/PhoneNum08187832915
ReturnHeader/Filer/USAddress/AddressLine1Txt01133 N HOLLYWOOD WAY
ReturnHeader/Filer/USAddress/CityNm0BURBANK
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0993307718
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Lucas Horsfall Advisors LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0299 N Euclid Ave 2nd Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pasadena
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091101
ReturnHeader/PreparerPersonGrp/PhoneNum08183773300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NIKKA L YOCHIM
ReturnHeader/ReturnTs02025-05-14T17:36:30-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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