AArts, Culture & HumanitiesEIN: 050267451· Ruling Year: 1952

Rhode Island Philharmonic Orchestra & Music School

E Providence, Rhode Island

A-Health Score
79A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.31×
Peer Median210.95×
💰
$7.2M
Total Revenue
📊
$7.8M
Total Expenses
🏦
$10.3M
Net Assets
📋
$4.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-19.7%
Year-over-year change (2022 → 2023)
Net Margin
-8.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.31
Net assets divided by total expenses
Liabilities-to-Assets
31.0%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$7,226,41820%$7,825,8029%$14,898,353
2022$8,995,79267%$7,192,81938%$14,866,1636%
2021$5,398,91014%$5,196,6997%$15,804,95410%
2020$4,725,71414%$5,573,0836%$14,305,3654%
2019$5,500,2549%$5,958,8657%$14,912,7453%
2018$5,029,1452%$5,578,397$15,299,1273%
2017$4,938,17535%$5,552,1692%$15,709,8759%
2016$7,625,90145%$5,426,7282%$17,203,40410%
2015$5,267,33813%$5,309,7592%$15,584,9391%
2014$6,086,4062%$5,196,1047%$15,800,8514%
2013$6,183,67318%$4,855,9964%$15,133,42410%
2012$5,236,635807%$4,668,0751593%$13,721,6573%
2011$577,09387%$275,73594%$13,383,6483%
2011$4,318,786$4,489,533$12,980,531

Frequently Asked Questions

What does Rhode Island Philharmonic Orchestra & Music School do?

Rhode Island Philharmonic Orchestra & Music School is a arts, culture & humanities nonprofit organization based in Rhode Island. It is classified under NTEE code A690 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rhode Island Philharmonic Orchestra & Music School financially healthy?

Based on our 9-metric Financial Health Score model, Rhode Island Philharmonic Orchestra & Music School has a score of 79/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Rhode Island Philharmonic Orchestra & Music School generate?

Rhode Island Philharmonic Orchestra & Music School reports $6.8M in annual revenue and holds $14.4M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Arts, Culture & Humanities category, or browse all nonprofits in Rhode Island.