Orchestra Nova Northwest FY2022 filing

Portland, OR · Public charity (501(c)(3)) · Since 1986 · Arts & Culture

✓ Tax-deductible
Revenue
$284K
-20% vs prior year
Spent
$458K
To programs
88%
Net assets
$240K
By yearFY2020–FY2024
Revenue
$284K
FY2022▼ -20%
Revenue by fiscal year
FY2020$296K
FY2021$356K
FY2022$284K
FY2023$403K
FY2024$690K
FY2024$693K
Expenses
$458K
FY2022▲ +33%
Expenses by fiscal year
FY2020$452K
FY2021$344K
FY2022$458K
FY2023$495K
FY2024$598K
FY2024$693K
Net assets
$240K
FY2022▼ -42%
Net assets by fiscal year
FY2020$402K
FY2021$414K
FY2022$240K
FY2023$149K
FY2024$240K
FY2024$241K

From the FY2022 Form 990 (year ending June 2022) · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item COrchestra Nova Northwest
EINHdr · item D93-0928813
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 1992
Year of formationHdr · item L1986
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CPortland, OR
NTEE classificationIRS BMFArts & Culture (A69Z)
WebsiteHdr · item Jwww.novanw.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.11 Fundraising $0.01
Program services88%$404K
Management & general11%$51K
Fundraising1%$4K
Total functional expensesLn 25$458K

Financial health

Is it on solid ground?

Program efficiency
88%
of spending reaches programs
Operating runway
5.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-61%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$266K
FY2022▼ -37%
Total assets by fiscal year
FY2020$467K
FY2021$423K
FY2022$266K
FY2023$154K
FY2024$263K
FY2024$258K
Total liabilities
$26K
FY2022▲ +194%
Total liabilities by fiscal year
FY2020$65K
FY2021$9K
FY2022$26K
FY2023$5K
FY2024$23K
FY2024$17K
Revenue less expensesPt I · Ln 19−$174K
Total assetsPt X · Ln 16$266K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Balance Sheet

Part X · end of year
CashLn 1$201K
Total assetsLn 16$266K
Total liabilitiesLn 26$26K
Total net assetsLn 32$240K
Months of cash on handcomputed5.3

Statement of Revenue

Part VIII
Contributions & grants$290K · 102%
Program service revenue$47K · 17%
Contributions & grants102%$290K
Program service revenue17%$47K
Investment income$27
— government grantsLn 1e$36K
Total revenueLn 12$284K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $201K · Operating expenses/yr $458K
5.3 months
Where the money goes
Program services
Program services $404K · Total expenses $458K
88%
Management & General
Management & general $51K · Total expenses $458K
11%
Fundraising
Fundraising $4K · Total expenses $458K
0.8%
Cost to raise $1
Fundraising expense (3-yr avg) $16K · Solicited contributions (3-yr avg) $232K
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $290K · Total revenue $284K
102%
Government reliance
Government grants $36K · Total revenue $284K
13%
Earned-income share
Program service revenue $47K · Total revenue $284K
17%
Investment reliance
Investment income $27 · Total revenue $284K
<0.01%
Program self-sufficiency
Program service revenue $47K · Total expenses $458K
10%
Growth & trend
Revenue growth (YoY)
This year $284K · Prior year $356K
-20%
Net-asset trend (YoY)
End of year $240K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $284K · Expenses $458K
-61%
Liabilities-to-Assets
Total liabilities — · Total assets $266K
—
Net-asset ratio
Net assets $240K · Total assets $266K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $266K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rebekah Phillips · Reported title EXECUTIVE DI · Highest reported compensation $70K · Total expenses $458K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $151K · Total expenses $458K
33%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%——
Overhead ratio 11%——
Fundraising cost ratio 1%——
Revenue growth -20%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Di
$70,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Kevin Irving’s $90K as Executive Director is at the 83rd percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Kevin Irving$90,000$80,500$75,164———
Rebekah Phillips———$70,000$70,000—
Rebekah Phillips—————$46,667

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 11Voting board membersPt VI · Ln 1a
  • 11Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Promotes and enhances knowledge and appreciation of classical orchestral music.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $404K of program spending, described in the organization's own filed words · FY2021.
01

During the 2021-2022 season, portland columbia symphony performed and produced three virtual concerts, seven different small ensemble concerts in new or unusual locations, a hybrid LIVE/VIRTUAL gala fundraising event. And three mainstage concerts (each performed in two locations).

$404Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $690K$598K+71% 990 PDF
FY2023 $403K$495K+42% 990 PDF
FY2022 Viewing $284K$458K-20% 990 PDF
FY2021 $356K$344K+21% 990 PDF
FY2020 $296K$452K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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