Vermont Philharmonic Inc

Nonprofit profile at a glance

EIN
036010091
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Montpelier, VT, USA
Phone
8023719605
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Symphony Orchestras

Official website

Reported finances

Revenue
$65,029
Expenses
$61,478
Assets
$77,415
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Michael Read (President)

People named in this filing

  • Michael Read (President)
  • Caroline Youngblood (Treasurer)
  • Robert Griffin (Director)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the Vermont Philharmonic, Inc is to provide the very best live, symphonic music concerts within our means and abilities to as wide an area of Vermont audiences as feasible, to promote the appreciation of good symphonic and chamber music among the students of our area through special concerts, to afford the opportunity to qualified student and adult area musicians to perform the symphonic literature; to assist our orchestra musicians in developing their musical talents. Adults 20, Senior 15 Student ticket price is 5.

What it reported doing in 2024

VERMONT PHILHARMONIC ORCHESTRA - LIST OF WORKS - 2024-2025 SEASON FALL CONCERTS 2024 - Gems of Opera and Song Highland Center for the Arts (Greensboro, VT) and Barre Opera House (Barre VT) Conducted by Lou Kosma Music Program: Overture to Treemonisha (1910) by Scott Joplin Bamboula, Op. 2 (18??) by Louis Moreau Gottschalk The Bamboula (Rhapsodic Dance No. 1), Opus 75 (1910) Samuel Coleridge-Taylor Prelude from Cavalleria rusticana (1888) Pietro Mascagni Andrea Chénier (c.1900) Umberto Giordano General public audience and students - Highland Center unreported and Barre Opera House 119 MESSIAH CONCERTS 2024 St. Augustine Church (Montpelier, VT) and Barre Opera House (Barre VT) Conducted by Assistant Conductor Lisa Jablow Featured soloists - Lillian Broderick (soprano), Lori Marino (alto), Michael Halloran (tenor) and Erik Kroncke (bass) The concert of George Handel's "Messiah" featured the orchestra, soloists and area choristers General public audience and students - St. Augustine 190 and Barre Opera House 288 WINTER CONCERT 2025 (cancelled due to weather, moved to Family Concert slot March 9th) Barre Opera House (Barre, VT) Conducted by Lou Kosma Featured soloist: Sophia Lu, piano (Borowicz Scholarship Winner) Music Program: Academic Festival Overture, Op. 80 (1880) Johannes Brahms Heliolydium (2010) David Gunn Konzertstück in F minor, Op.79 (1821) Carl Maria von Weber Symphony No. 6 in F Major (Pastoral) (1808) Ludwig van Beethoven General public audience and students - Barre Opera House 236 FAMILY CONCERT 2025 - cancelled to make room for Winter Concert SPRING CONCERTS 2025 - Rhythms of Spring Chandler Center for the Arts (Randolph VT) and Barre Opera House (Barre VT) Conducted by Lou Kosma Soloist: Allison Bruce Cerutti Music Program: Overture to Der Freischütz by Carl Maria von Weber Piano Concerto in G Major by Maurice Ravel Symphony No. 3 in F Major, 90 by Johannes Brahms General Public audience and students - Chandler Center unreported and Barre Opera House 179 SUMMER POPS CONCERT 2024 Highland Center for the Arts (Greensboro, VT) and Moose Meadows (Duxbury, VT) Conducted by Lou Kosma Soloists: Margaret Barsumian (clarinet), Joanna Valaquez Alpizar (mezzo-soprano) Music Program: National Emblem by Eugene Bagley Syncopated Clock by Leroy Anderson Duke Ellington Medley by Edward Ellington/Custer Washington Post March by John Philip Sousa Sabor A Mi by Álvaro Carrillo/M. Alpízar Joanna Alpízar, vocalist March of the Toreadors from Carmen by Georges Bizet Revelations of Betrayal by Alexander Maroney (Vermont Music-COMP Student) Take Me Out to the Ball Game by Norworth and Tilzner Clarinet Polka by Traditional/Simon Margaret Barsumian, clarinet Ashokan Farewell by Jay Ungar/Cerulli West Side Story Selections by L. Bernstein/Mason Bohemian Rhapsody by Freddie Mercury/Longfield Stars and Stripes Forever by John Philip Sousa General Public audience and students - HCA approx 300 - Harwood Union High School 162

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.5%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 1.26; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -12.1% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -1.3% per year; rating input score 0; 46th percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.