BOSTON SYMPHONY ORCHESTRA INC
BOSTON SYMPHONY ORCHESTRA INC
BOSTON SYMPHONY ORCHESTRA INC
Income Statement
Fiscal Year Start:
Sep 1
Revenues in 2024
$117,090,967
Program Services
40%
Contributions
30%
Other
24%
Investments
5%
Fundraising Events
2%
Government Grants
<1%
Membership Dues
0%
Expenses in 2024
$123,724,110
Salaries & Benefits
52%
Fees to Service Providers
19%
Offices, Occupancy & IT
11%
Other
10%
Depreciation
4%
Advertising & Promotion
3%
Interest
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$32,178,027
$34,623,776
+8%
Government Grants
$952,110
$310,000
-67%
Fundraising Events
$2,465,728
$2,160,360
-12%
Program Services
$38,758,750
$46,687,116
+20%
Membership Dues
$0
$0
-
Investments
$4,693,404
$5,430,034
+16%
Other
$14,181,073
$27,879,681
+97%
Total Revenues
$93,229,092
$117,090,967
+26%
Expenses
2023
2024
Change
Grants
$0
$40,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$56,691,928
$63,941,333
+13%
Fees to Service Providers
$20,061,179
$24,021,464
+20%
Advertising & Promotion
$3,837,501
$4,064,334
+6%
Offices, Occupancy & IT
$12,767,207
$13,854,975
+9%
Interest
$249,903
$281,115
+12%
Depreciation
$5,168,763
$4,927,914
-5%
Other
$11,860,204
$12,592,975
+6%
Total Expenses
$110,636,685
$123,724,110
+12%
Net income
2023
2024
Change
Net income
-$17,407,593
-$6,633,143
+62%
Functional Expenses
Summary
2023
2024
Change
Program
$88,093,401
$99,120,888
+13%
Admin
$16,870,257
$17,364,634
+3%
Fundraising
$5,673,027
$7,238,588
+28%
Total Expenses
$110,636,685
$123,724,110
+12%
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