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Buffalo Philharmonic Orchestra Society Inc

Buffalo, NY / EIN 16-0755739 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20119,981,1709,944,36136,8091.457%
201210,242,41310,262,233−19,8201.559%
201311,453,29511,045,582407,7132.156%
201412,002,59011,699,965302,6252.846%
201512,555,98711,477,4841,078,5033.847%
201612,033,32511,615,607417,7184.248%
201711,855,70411,854,2561,4484.148%
201812,346,59012,497,869−151,2793.846%
201914,523,36012,507,8612,015,4995.753%
202013,436,19111,490,0431,946,1488.357%
202113,394,58410,343,3613,051,22312.860%
202212,785,29213,097,726−312,4349.855%
202313,950,77414,536,521−585,7478.453%

In its most recent public year (2023), this organization spent $585,747 more than it brought in. Its reserves stood at about 8.4 months of spending, up from 1.4 in 2011. Staff pay was 53% of spending. $6,728,955 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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