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Filing year 2023

THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC

New York, New York·EIN 13-1664054·NTEE A690 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$113.9M
Total assets
$604.6M
Total expenses
$96.2M
Reported officers
72
Mission

SEE SCHEDULE O.THE MISSION OF THE NEW YORK PHILHARMONIC ENCOMPASSES THE FOLLOWING KEY ATTRIBUTES:(1) TO MAINTAIN AND FOSTER AN INTEREST IN THE ENJOYMENT OF MUSIC AND MUSICAL AFFAIRS; (2) TO INCULCATE AN INTEREST IN SYMPHONIC MUSIC AMONG ITS MEMBERS IN NEW YORK CITY AND ACROSS THE WORLD, AND TO CONTINUE TO FOSTER INTEREST IN AND APPRECIATION OF MUSIC; (3) TO PRESENT SYMPHONIC AND OTHER MUSICAL PERFORMANCES IN DAVID GEFFEN HALL AS WELL AS OTHER VENUES; AND(4) TO DELIVER AUDIO AND VISUAL RECORDINGS AND LIVE PERFORMANCES BROADCAST OVER THE RADIO, TELEVISION AND THE WORLD WIDE WEB.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in New York.

Executive Advisor
Highest Compensated Employee
Above 90th percentile
$1.8M
$2M
Base
$967k
Bonus
$761k
Other
Benefits
$33k
President & CEO (thru 08/24)
Above 90th percentile
$971k
$1.1M
Base
$746k
Bonus
$80k
Other
Benefits
$85k
Concertmaster
Highest Compensated Employee
Above 90th percentile
$749k
$841k
Base
$546k
Bonus
$86k
Other
Benefits
$117k
Senior Vice President, Philanthropy
Senior Vice President
Above 90th percentilevs Arts, Culture & Humanities peers nationwide
$634k
$712k
Base
$503k
Bonus
Other
Benefits
$90k
Principal Clarinet
Highest Compensated Employee
Above 90th percentile
$545k
$612k
Base
$428k
Bonus
Other
Benefits
$117k
Principal Oboe
Highest Compensated Employee
Above 90th percentile
$536k
$601k
Base
$387k
Bonus
$31k
Other
Benefits
$117k
Principal Cello
Highest Compensated Employee
Above 90th percentile
$499k
$560k
Base
$391k
Bonus
$31k
Other
Benefits
$76k
Managing Director (thru 09/23)
Key Employee
Above 90th percentile
$437k
$491k
Base
$371k
Bonus
Other
Benefits
$39k
Chief Financial Officer
Above 90th percentile
$383k
$430k
Base
$335k
Bonus
Other
Benefits
$48k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 63 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
2%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 2%
from 2022

From $1.8M in 2022 to $1.8M in 2023.

$1.8M
2022
$1.8M
2023
In today's dollarsEst.
Down 2% in real terms$2.1M to $2M

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 93% from 2022 to 2023, while revenue rose 18%.

$940k in 2022 to $1.8M in 2023.
  • Chief Executive Officer pay fell 46% from 2022 to 2023.
  • Senior Vice President pay rose 35% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC

What does the Highest Compensated Employee of THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC earn?

In 2023, the Highest Compensated Employee of THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC received $1,818,409 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Arts, Culture & Humanities organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in New York, the 2023 pay of the Highest Compensated Employee at THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC falls in the top 10%. In 2023, the highest total compensation at THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC's revenue and expenses?

In 2023, THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC reported $113.9M in total revenue and $96.2M in total expenses on its IRS Form 990.

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