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Arts, Culture, Humanities : Performing Arts

Boston Symphony Orchestra

Dedicated to the making of music consonant with the highest aspirations of musical art

three stars

88.49

301 Massachusetts Avenue Boston, MA 02115
tel: (617) 638-9267   Web Site
EIN: 04-2103550

Board Leadership
Susan W. Paine
Chair

CEO
Mark Volpe
President, Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 88.49 three stars
  Financial 88.02 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The mission of the Boston Symphony Orchestra (BSO) is to foster and maintain an organization dedicated to the making of music consonant with the highest aspirations of musical art, creating performances and providing educational and training programs at the highest level of excellence. Founded in 1881, the BSO presents an average of 27 programs in nearly 100 concerts at Symphony Hall between September and April; another 33 concerts are presented each summer at Tanglewood. Education is integral to the BSO's mission, and comprises two main components: the training of young professional musicians at the Tanglewood Music Center, and in-school and summer programs that address the need for integrated, high-quality arts education in the public schools.

The mission of the Boston Symphony Orchestra (BSO) is to foster and maintain an organization dedicated to the making of music consonant with the highest aspirations of musical art, creating performances and providing educational and training programs at the highest level of excellence. Founded in 1881, the BSO presents an average of 27 programs in nearly 100 concerts at Symphony Hall between September and April; another 33 concerts are presented each summer at Tanglewood. Education is integral to the BSO's mission, and comprises two main components: the training of young professional musicians at the Tanglewood Music Center, and in-school and summer programs that address the need for integrated, high-quality arts education in the public schools.

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Financial

three stars

88.02

Accountability & Transparency

three stars

89.00

This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
76.8%
  Administrative Expenses 15.1%
  Fundraising Expenses 8.0%
  Fundraising Efficiency $0.22
  Working Capital Ratio (years) 3.06
  Program Expenses Growth 4.9%
  Liabilities to Assets 11.6%
All data for Financial Performance Metrics calculations was provided by Boston Symphony Orchestra on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Boston Symphony Orchestra on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Boston Symphony Orchestra (MA) 88.49 three stars
Pittsburgh Symphony Orchestra (PA) 85.41 three stars
Chattanooga Symphony & Opera (TN) 89.55 three stars
Los Angeles Chamber Orchestra (CA) 85.46 three stars
Chamber Music Society of Lincoln Center (NY) 90.95 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $38,079,503
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $3,655,424
   Related Organizations $0
   Government Grants $183,500
Total Contributions $41,918,427
   Program Service Revenue $42,760,336
Total Primary Revenue $84,678,763
   Other Revenue $25,917,932
TOTAL REVENUE $110,596,695
   
EXPENSES  
   Program Expenses $81,430,522
   Administrative Expenses $16,538,658
   Fundraising Expenses $7,664,290
TOTAL FUNCTIONAL EXPENSES $105,633,470
   
Payments to Affiliates $0
Excess (or Deficit) for the year $4,963,225
   
Net Assets $538,568,595

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Orchestra Music Programs $71,363,173 87.6%
Education and Community Programs $6,465,697 7.9%
Historical Preservation $2,770,698 3.4%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-08 02/01/2020 88.49 three stars
2017-08 12/01/2018 84.74 three stars
2016-08 03/01/2018 83.74 three stars
2015-08 02/01/2017 83.70 three stars
2014-08 06/01/2016 84.05 three stars
 
CN 2.0
2014-08 11/01/2015 81.62 three stars
2013-08 12/22/2014 82.06 three stars
2012-08 10/01/2013 85.67 three stars
2011-08 09/01/2012 80.56 three stars
2010-08 12/01/2011 81.68 three stars
2009-08 09/20/2011 78.08 two stars
 
CN 1.0
2009-08 02/01/2011 89.29 three stars
2008-08 03/01/2010 77.39 two stars
2007-08 04/01/2009 85.63 three stars
2006-08 04/01/2008 86.17 three stars
2005-08 12/01/2006 87.43 three stars
2004-08 01/01/2006 78.10 two stars
2003-08 11/01/2004 78.20 two stars
2002-08 12/01/2003 81.86 three stars
2001-08 10/15/2002 87.80 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 04-2103550
Name in IRS Master File BOSTON SYMPHONY ORCHESTRA INC
NTEE Code A69
NTEE Classification Symphony Orchestras
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (119) Other cultural or historical activities
(59) Other school related activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 1920
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End August
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • August, 2017
  • August, 2016
  • August, 2015
  • August, 2014
  • August, 2013
Compensation % of Expenses Paid to Title
$995,320 0.94% Mark Volpe Managing Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Boston Symphony Orchestra (MA) 88.49 three stars
Kalamazoo Symphony Orchestra (MI) 90.88 four stars
The Amarillo Symphony (TX) 88.67 three stars
Princeton Symphony Orchestra (NJ) 93.93 four stars
Orlando Philharmonic Orchestra (FL) 86.43 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Boston Symphony Orchestra
301 Massachusetts Avenue
Boston, MA 02115
tel: (617) 638-9267
TTY: (617) 638-9289
EIN: 04-2103550

Visit Web Site

Board Leadership

Susan W. Paine
Chair

CEO

Mark Volpe
President, Chief Executive Officer

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