Civic Intelligence

Richmond Philharmonic Inc

EIN 51-0253500 • 501(c)3 • Richmond, VA

Profile

The mission of the richmond philharmonic is to promote the art and appreciation of classical orchestral music for audiences of all ages and backgrounds, and provide musicians in the richmond community with the opportunity to display and develop their talents for performance and enjoyment of orchestral music.

8100 Three Chopt Road Ste 209Richmond, VA 23229

richmondphilharmonic.org

Siviq Scores

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

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

29th percentile

-12%

Higher net margin than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

44th percentile

-5.5%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

44th percentile

-5.9%

Faster revenue growth than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$49,765

Down $2,882 (-5.5%) from 2016

Liabilities

Up

$851

Up $500 (+142%) from 2016

Net Assets

Down

$48,914

Down $3,382 (-6.5%) from 2016

Revenue

Down

$29,112

Down $1,817 (-5.9%) from 2016

Expenses

Up

$32,494

Up $6,827 (+27%) from 2016

Net Income

Down

-$3,382

Down $8,644 (-164%) from 2016

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $40,134Liabilities 2011: $2122011Assets 2012: $40,661Liabilities 2012: $3682012Assets 2013: $39,803Liabilities 2013: $8472013Assets 2014: $44,695Liabilities 2014: $2722014Assets 2015: $47,325Liabilities 2015: $291Net Assets 2015: $47,0342015Assets 2016: $52,647Liabilities 2016: $351Net Assets 2016: $52,2962016Assets 2017: $49,765Liabilities 2017: $851Net Assets 2017: $48,9142017

Highlighted filing

2017

Assets$49,765
Liabilities$851
Net Assets$48,914

Operations Trend

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

$40K$30K$20K$10K$0-$10KRevenue 2011: $29,465Expenses 2011: $23,905Net Income 2011: $5,5602011Revenue 2012: $27,190Expenses 2012: $26,819Net Income 2012: $3712012Revenue 2013: $28,373Expenses 2013: $29,710Net Income 2013: -$1,3372013Revenue 2014: $31,212Expenses 2014: $25,745Net Income 2014: $5,4672014Revenue 2015: $31,115Expenses 2015: $28,504Net Income 2015: $2,6112015Revenue 2016: $30,929Expenses 2016: $25,667Net Income 2016: $5,2622016Revenue 2017: $29,112Expenses 2017: $32,494Net Income 2017: -$3,3822017

Highlighted filing

2017

Revenue$29,112
Expenses$32,494
Net Income-$3,382

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.1
Gross Receipts
$29,112
Mission and Program Overview

Mission

The mission of the richmond philharmonic is to promote the art and appreciation of classical orchestral music for audiences of all ages and backgrounds, and provide musicians in the richmond community with the opportunity to display and develop their talents for performance and enjoyment of orchestral music.

Program Services

DescriptionGrantsExpenses
THE ALL VOLUNTEER ORCHESTRA GAVE 6 CONCERTS DURING THE YEAR FOR APPROZIMATELY 3,000 LISTENERS. THESE CONCERTS WERE OPEN TO THE PUBLIC WITH NO ADMISSION PRICE AND A SUGGESTED DONATION AMOUNT AT THE DOOR.-$32,028
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID L DAVISPresidentPT$0--
ANGELA LEHMANVice Pres.PT$0--
GRETCHEN GEORGASSecretary-$0--
E THOMAS CARSONTreasurer-$0--
JANE KISERDirector-$0--
KATRINA GOODWINDirector-$0--
MEG BURLEYDirector-$0--
JENN MYERSDirector-$0--
JACK PRICEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Richmond Philharmonic Inc
EIN
51-0253500
Phone
8046737400
Address
8100 THREE CHOPT ROAD STE 209, RICHMOND, VA 23229

Signing Officer

Name
E Thomas Carson
Title
Treasurer
Phone
8046737400
Signed
2018-05-15
Discuss with paid preparer
Yes

Preparer

Firm
E Thomas Carson CPA Pc
Address
8100 THREE CHOPT RD STE 209, RICHMOND, VA 23229
Preparer
E Thomas Carson
Phone
8046737400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Program guide income 2,250 t-shirts 584 total 2,834

Form 990-ez, Part I, Line 16

T-shirts cost of goods sold 663 expenses travel expenses 4,220 bank & credit card chagre 38 program inserts, postcard 408 supplies 224 music 1,241 artist honorariums 2,000 equipment rental 1,406 insurance 1,917 program guide expense 2,567 concert expenses 6,816 total 21,500

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 351 851

Form 990-ez, Part III

The mission of the richmond philharmonic is to promote the art and appreciation of classical orchestral music for audiences of all ages and backgrounds, and provide musicians in the richmond community with the opportunity to display and develop their talents for performance and enjoyment of orchestral music.

Form 990-ez, Part III, Line 28

The all volunteer orchestra gave 6 concerts during the year for approzimately 3,000 listeners. These concerts were open to the public with no admission price and a suggested donation amount at the door.

Raw XML Appendix184 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM GUIDE INCOME 2,250 T-SHIRTS 584 TOTAL 2,834
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1T-SHIRTS COST OF GOODS SOLD 663 EXPENSES TRAVEL EXPENSES 4,220 BANK & CREDIT CARD CHAGRE 38 PROGRAM INSERTS, POSTCARD 408 SUPPLIES 224 MUSIC 1,241 ARTIST HONORARIUMS 2,000 EQUIPMENT RENTAL 1,406 INSURANCE 1,917 PROGRAM GUIDE EXPENSE 2,567 CONCERT EXPENSES 6,816 TOTAL 21,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 351 851
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MISSION OF THE RICHMOND PHILHARMONIC IS TO PROMOTE THE ART AND APPRECIATION OF CLASSICAL ORCHESTRAL MUSIC FOR AUDIENCES OF ALL AGES AND BACKGROUNDS, AND PROVIDE MUSICIANS IN THE RICHMOND COMMUNITY WITH THE OPPORTUNITY TO DISPLAY AND DEVELOP THEIR TALENTS FOR PERFORMANCE AND ENJOYMENT OF ORCHESTRAL MUSIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ALL VOLUNTEER ORCHESTRA GAVE 6 CONCERTS DURING THE YEAR FOR APPROZIMATELY 3,000 LISTENERS. THESE CONCERTS WERE OPEN TO THE PUBLIC WITH NO ADMISSION PRICE AND A SUGGESTED DONATION AMOUNT AT THE DOOR.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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