TOTAL REVENUE - FISCAL 2025
$101,338,288
Down 11.0% from $113,915,338 in fiscal 2024.
The Philharmonic Symphony Society Of Ny
New York, New York - EIN 13-1664054 - Latest filing: fiscal 2025 (Sep 1, 2024 - Aug 31, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed Jul 10, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed Jul 10, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
The Philharmonic Symphony Society Of Ny reported $101,338,288 in revenue and $99,029,073 in expenses in fiscal 2025, a surplus of $2,309,215 for the year. Program services took $64,719,137 of expenses, or 65.3%. The organization closed the year with $522,735,301 in net assets - about 63.3 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$99,029,073
Revenue minus expenses: $2,309,215 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
65.3%
$64,719,137 of $99,029,073 went to program services.
NET ASSETS - END OF FISCAL 2025
$522,735,301
Total assets $604,435,281 minus total liabilities $81,699,980.
TOP EXECUTIVE PAY - FISCAL 2025
$974,954
Gary Ginstling, Former President & CEO (Thru 08/24), as reported on the fiscal-2025 Form 990, filed Jul 10, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
747 Employees
Plus 118 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed Jul 10, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.13 - $8,126,772 in fundraising expenses divided by $61,602,734 in total contributions. On cash contributions only: $0.15.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $61,602,734 |
| Of Which Cash Contributions | $54,684,032 |
| Of Which Donated Goods (Noncash) | $6,918,702 |
| Federated Campaigns | $250,974 |
| Fundraising Events | $7,442,556 |
| Government Grants | $148,715 |
| All Other Contributions | $53,760,489 |
| Program Service Revenue | $32,265,163 |
| Investment Income | $8,234,085 |
| Other Revenue | -$763,694 |
| Total Revenue (All Sources) | $101,338,288 |
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
63.3 Months
of reserves - $522,735,301 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $8,252,422 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $604,435,281 |
| Total Liabilities | $81,699,980 |
| Liabilities as Share of Assets | 13.5% |
| Net Assets | $522,735,301 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed Jul 10, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Gary Ginstling - Former President & CEO (Thru 08/24) | $974,954 | 0.98% |
| Frank Huang - Concertmaster | $711,964 | 0.72% |
| Deborah Borda - Executive Advisor | $656,873 | 0.66% |
| Adam Gerdts - Senior Vice President, Philanthropy | $606,507 | 0.61% |
| Anthony McGill - Principal Clarinet | $529,617 | 0.53% |
| Christopher Martin - Principal Trumpet | $495,706 | 0.50% |
| Carter Brey - Principal Cello | $464,926 | 0.47% |
| Kathie Parsons - Chief Financial Officer (Thru 04/25) | $387,487 | 0.39% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed Jul 10, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
60 voting members, 59 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Gary Ginstling | Former President & CEO (Thru 08/24) |
| Frank Huang | Concertmaster |
| Deborah Borda | Executive Advisor |
| Adam Gerdts | Senior Vice President, Philanthropy |
| Anthony McGill | Principal Clarinet |
| Christopher Martin | Principal Trumpet |
| Carter Brey | Principal Cello |
| Kathie Parsons | Chief Financial Officer (Thru 04/25) |
| Matias Tarnopolsky | President & CEO (Start 01/25) |
| Peter W May | Co-Chairman |
| Oscar L Tang | Co-Chairman |
| Laura Y Chang | Vice Chair |
| Karen T Lefrak | Vice Chair |
| Linda W Hart | Treasurer |
| Daisy M Soros | Secretary |
| Alec Baldwin | Director |
| Dr Kathryn Beal | Director |
| Raphael Bejarano | Director |
| Joshua Bell | Director |
| Frank Botman | Director (Thru 01/25) |
| Yefim Bronfman | Director |
| Angela Chen | Director |
| Charles Cy Chen | Director |
| Bradley Cooper | Director |
| Toos N Daruvala | Director |
| Dr Raluca Dinu | Director |
| Misook Doolittle | Director |
| Tristan Fresbach | Director (Thru 06/25) |
| Sarah Jane Gibbons | Director |
| Claudio X Gonzalez | Director |
| Peter Gross | Director |
| Paul B Guenther | Director |
| Gurnee F Hart | Director (Thru 12/25) |
| John B Hess | Director |
| Sharon Hite | Director |
| Robert F Hoerle | Director |
| Michael P N A Hormel | Director |
| Mary Anne Huntsman | Director |
| Ann Johnson | Director |
| Peter Jungen | Director |
| Stephen Kahng | Director |
| Dr Avi Katz | Director |
| Christopher Kellen | Director |
| Jasvinder Khaira | Director |
| Golnar Khosrowshahi | Director |
| Alexander Klabin | Director |
| Honey M Kurtz | Director |
| Christian A Lange | Director |
| Tania Leon | Director |
| Ross McKnight | Director |
| James L Nederlander | Director |
| Charles F Niemeth | Director |
| Gary W Parr | Director |
| Itzhak Perlman | Director |
| Joel I Picket | Director |
| Susan Rose | Director |
| Carol D Schaefer | Director |
| Oscar S Schafer | Director |
| Dr Raj Seshadri | Director |
| Larry A Silverstein | Director |
| Marilyn Skony Stamm | Director |
| Jackson Tai | Director |
| Ling Tian | Director |
| Sylvia Toth | Director |
| Daniil Trifonov | Director |
| Maggie Ueng Tsai | Director (Thru 03/25) |
| Alex Volckhausen | Director |
| Mary J Wallach | Director |
| Sandra F Warshawsky | Director |
| Stephen Whyte | Director |
| Roberta Lwohle | Director |
| Wei-Jen Yuan | Director |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence60 voting / 59 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $0 in grants paid and filed no Schedule I for fiscal 2025. The page states that directly instead of leaving a blank grants section. Grantmaking organizations show a full recipient list in this section - recipient name, amount and stated purpose, as reported.
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $113,915,338 | - |
| Fiscal 2025 | $101,338,288 | -11.0% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Sep 1, 2024 - Aug 31, 2025 | Form 990 | In Force - Filed Jul 10, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.