All-star Orchestra Summit

Nonprofit profile at a glance

EIN
264546279
IRS 990 coverage
2013–2025
Forms available
Form 990 2025, Form 990-N 2010
Location
Larchmont, NY, USA
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Reported finances

Revenue
$63,040
Expenses
$286,485
Assets
$1,556,387
Liabilities
$162,880

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • MARLYS PALUMBO (President)
  • SUSAN HUTCHISON (Vice President)

People named in this filing

  • MARLYS PALUMBO (President)
  • RALPH PALUMBO (Trustee)
  • JODY SCHWARZ (Trustee)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Founded in 2008, the mission of the all-star orchestra ( the organization) is to make accessible, for free, the joy and understanding of classical music to the widest possible audience through public television and the world's largest educational website: the khan academy. To achieve this the organization produces, films, and records classical and contemporary orchestral masterpieces in a concert hall, with the resulting programs to be broadcast over local, national and interactive public media. The programs include a strong educational component and are inspiring new directions for music education ( 6 million music students reached via khan academy), entertainment, and high-level artistic exposure for a broad and diverse audience. Season one was recorded in 2012, season two in 2014, season 3 in 2016, season four in 2018. National broadcasts and rebroadcasts via american public television have been continuous since september 2013. To date the programs have won seven emmy awards and the a

What it reported doing in 2025

ASO Public TV Accomplishments National broadcasts of seven seasons,29 programs on Public Television since 2013, winning ten Emmy awards and the ASCAP Broadcasting Excellence award. Season Four: "All-Star Band Masterpieces"-recorded in 2017 in partnership with the United States Marine Band-premiered in November,2018, and is currently in national broadcast rotation. The ASO program "New England Spirit" was nominated for two emmy awards and won the award for "special event" in May,2019. Season 5 was recorded in August,2019 and broadcast nationally in 2020. Season 6 was recorded IN AUGUST 2022 AND WAS Broadcast nattionally in 2023 winning an Emmy award. SEASON 7 WAS RECORDED IN AUGUST 2023 and commenced National broadcast in October 2024. Planning is now underway for recording of season 8 in 2026.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 28
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 89.7%; rating input score 90
  • Fundraising efficiency: $3.27 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -354.4%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 5.43; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: -11.5% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -8.4% per year; rating input score 0; 33rd percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 89.7% of spending went to programs
  • Governance: 11 of 11 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $257K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.