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Nonprofit · EIN 23-7183563

AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC

Tax-exempt · NEW YORK, NY 10168

Financials

$3.2M$4.3M2023$4.8M$4.9M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,798,869$4,892,954-$94,085$25,569,710$774,087$24,795,623
December 31, 2023990$3,247,945$4,267,683-$1,019,738$25,020,592$435,885$24,584,707
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,208,009
Program service revenue
$0
Investment income
$1,973,769
Net gain from sales of assets
$1,307,043
Net income from fundraising events
-$412,909
Other revenue
-$382,909

Expenses

Grants and similar amounts paid
$2,818,397
Compensation of officers, directors and key employees
$489,891
Other salaries and wages
$670,569
Salaries, compensation and benefits (total)
$1,263,447
Professional fundraising fees
$0
Accounting fees
$36,672
Occupancy
$122,574
Travel
$41,734
Depreciation
$77,242
Program services (functional)
$3,355,839
Management and general (functional)
$396,218
Fundraising (functional)
$1,140,897

Balance sheet and other

Total assets, start of year
$25,020,592
Total assets, end of year
$25,569,710
Total liabilities, end of year
$774,087
Net assets, end of year
$24,795,623
Land, buildings and equipment
$1,916,504
Publicly traded securities
$18,509,598
Net assets without donor restrictions
$20,019,799
Net assets with donor restrictions
$4,775,824
Gross unrelated business income
-$20,246
Gross receipts
$7,255,894
Employees
7
Volunteers
27
Year formed
1972
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Catherine LouCFO & Interim CEO (effective 10/24)
Officer
40$249,359$15,062
Jennifer Ritvo HughesChief Executive Officer (through 9/24)
Officer
40$225,000$470
Claudio PincusVice President
Trustee or director, Officer
0.3$0$0
Eta SomekhVice President
Trustee or director, Officer
0.3$0$0
James C AckermanPresident
Trustee or director, Officer
3$0$0
Jane Stern LebellVice President
Trustee or director, Officer
0.3$0$0
Richard S ZimanVice President (through 6/24)
Trustee or director, Officer
0.3$0$0
Sara FabrikantVice President (through 5/24)
Trustee or director, Officer
0.3$0$0
Stacey BronfmanSecretary
Trustee or director, Officer
0.3$0$0
Abigail TananbaumDirector
Trustee or director
0.1$0$0
Abraham D SofaerDirector
Trustee or director
0.1$0$0
Benjamin HildnerDirector
Trustee or director
0.3$0$0
Chaim KatzmanDirector
Trustee or director
0.1$0$0
David A HirschDirector
Trustee or director
0.3$0$0
Emanuel AxDirector
Trustee or director
0.1$0$0
14 more people on this return
NameTitleHours / weekCompensation
Hadar ShemtovDirector
Trustee or director
0.1$0
Heidi LearnerDirector
Trustee or director
0.3$0
Helgard Field-LionDirector (through 12/24)
Trustee or director
0.1$0
Irwin S FieldDirector
Trustee or director
0.3$0
Lynn SymsDirector
Trustee or director
0.3$0
Mina TulchinskyDirector (as of 9/24)
Trustee or director
0.1$0
Myron S GlucksmanDirector
Trustee or director
0.3$0
Noemi Brief ZafranyDirector
Trustee or director
0.3$0
Polly LevineDirector
Trustee or director
0.1$0
Sharon GabrielDirector
Trustee or director
0.3$0
Stephen GordonDirector
Trustee or director
0.3$0
Theodore MirvisDirector
Trustee or director
0.3$0
Tricia PantzerDirector
Trustee or director
0.3$0
Yefim BronfmanDirector
Trustee or director
0.1$0
990 for the year ended December 31, 2023: 37 people
NameTitleHours / weekCompensationOther / benefits
Catherine LouChief Financial Officer
Officer
40$239,050$15,063
Danielle Ames SpivakExecutive VP and CEO (through 8/23)
Officer
40$235,435$6,138
Jennifer Ritvo HughesChief Executive Officer (as of 8/23)
Officer
40$112,500$195
Carol SchusslerSecretary (through 9/23)
Trustee or director, Officer
0.3$0$0
Claudio PincusVice President
Trustee or director, Officer
0.3$0$0
Eta SomekhVice President
Trustee or director, Officer
0.3$0$0
James C AckermanPresident
Trustee or director, Officer
3$0$0
Jane Stern LebellVice President
Trustee or director, Officer
0.3$0$0
Joel R FogelTreasurer (through 9/23)
Trustee or director, Officer
0.3$0$0
Richard S ZimanVice President
Trustee or director, Officer
0.3$0$0
Sara FabrikantVice President
Trustee or director, Officer
0.3$0$0
Abigail TananbaumDirector
Trustee or director
0.1$0$0
Abraham D SofaerDirector
Trustee or director
0.1$0$0
Benjamin HildnerDirector
Trustee or director
0.3$0$0
Chaim KatzmanDirector
Trustee or director
0.1$0$0
David A HirschDirector
Trustee or director
0.3$0$0
Emanuel AxDirector
Trustee or director
0.1$0$0
Hadar ShemtovDirector
Trustee or director
0.1$0$0
Heidi LearnerDirector
Trustee or director
0.3$0$0
Helgard Field-LionDirector
Trustee or director
0.1$0$0
Irwin S FieldDirector
Trustee or director
0.3$0$0
Kfir GavrieliDirector (through 9/23)
Trustee or director
0.1$0$0
Lisa Rudes SandelDirector (through 9/23)
Trustee or director
0.1$0$0
Lynn SymsDirector
Trustee or director
0.3$0$0
Mara Burros SandlerDirector (through 9/23)
Trustee or director
0.1$0$0
Martin Blank JrDirector (through 6/23)
Trustee or director
0.3$0$0
Martin SeligDirector (through 9/23)
Trustee or director
0.1$0$0
Matti LeshemDirector (THROUGH 12/23)
Trustee or director
0.1$0$0
Myron S GlucksmanDirector
Trustee or director
0.3$0$0
Noemi Brief ZafranyDirector
Trustee or director
0.1$0$0
Polly LevineDirector
Trustee or director
0.1$0$0
Sharon GabrielDirector
Trustee or director
0.3$0$0
Stacey BronfmanSECRETARY (AS OF 12/2023)
Trustee or director
0.1$0$0
Stephen GordonDirector
Trustee or director
0.3$0$0
Theodore MirvisDirector
Trustee or director
0.3$0$0
Tricia PantzerDirector
Trustee or director
0.3$0$0
Yefim BronfmanDirector
Trustee or director
0.1$0$0

Address and contacts

Address (IRS master file)
122 E 42ND ST RM 4507, NEW YORK, NY 10168-4595
In care of
% CATHERINE LOU
Principal officer (990 for 2024)
CATHERINE L LOU, 122 EAST 42ND STREET ROOM 4507, NEW YORK, NY 10168
Signed the 990
CATHERINE L LOU, CEO & CFO
Phone
(212) 697-2949
Return prepared by
Forvis Mazars LLP

Mission

American Friends of the Israel Philharmonic Orchestra (AFIPO) is a non-profit organization dedicated to sustaining the financial future of the Israel Philharmonic, a world-class orchestra. AFIPO seeks to broaden the reach of the Israel Philharmonic and bring its message through music to the world. The monies raised by AFIPO assist with the operational support of the orchestra and its music education programs throughout Israel.

990 for the year ended December 31, 2024

Program accomplishments

  • AFIPO SUPPORTS THE ISRAEL PHILHARMONIC'S OPERATIONS, INCLUDING ITS MUSIC EDUCATION PROGRAMS AND TOURING, TO FURTHER ENSURE THE PHILHARMONIC'S FUTURE.
    Expenses $2,625,839 · grants $2,088,397
  • AFIPO PROUDLY PROVIDES UNDERWRITING SUPPORT FOR THE ISRAEL PHILHARMONIC'S KEYNOTE OUTREACH AND EDUCATION PROGRAM AND SULAMOT PROGRAM, WHERE CLASSICAL MUSIC IS USED AS A VEHICLE FOR TEACHING COMPASSION, NURTURING OUR YOUTH, ENCOURAGING CLASSICAL MUSIC AUDIENCES OF THE FUTURE AND ENRICHING THE CULTURAL LIFE OF ISRAEL. BOTH PROGRAMS OFFER A WIDE VARIETY OF MUSIC EDUCATION ACTIVITIES, FILLING THE VOID IN MUSIC INSTRUCTION AVAILABLE TO THE CHILDREN OF ISRAEL. ORCHESTRA MUSICIANS AND TRAINED TEACHERS BRING CLASSICAL MUSIC INTO JEWISH, ARAB-ISRAELI, RELIGIOUS AND SECULAR SCHOOLS, AS WELL AS INSTITUTIONS FOR HOMELESS AND DISADVANTAGED CHILDREN.
    Expenses $430,000 · grants $430,000
  • AFIPO PROVIDED FINANCIAL SUPPORT FOR SPECIAL PROGRAMS INCLUDING THE ISRAEL PHILHARMONIC'S GUEST ARTISTS PROGRAM WHICH HELPS DEFRAY THE ORCHESTRA'S EXPENSES.
    Expenses $300,000 · grants $300,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7183563
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,569,710
Income (IRS master file)
$7,255,894

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,798,869$4,892,954$25,569,710XML
990-TDecember 2024–––IRS
990December 2023$3,247,945$4,267,683$25,020,592XML
990-TDecember 2023–––IRS
990December 2022$4,038,588$6,501,961$24,227,413IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7183563).

Questions about AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC

What is the EIN of AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC?
The employer identification number (EIN) of AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC is 23-7183563.
Is AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC?
The 990 for the year ended December 31, 2024 names CATHERINE L LOU.
Who are the officers and directors of AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC?
The 990 for the year ended December 31, 2024 lists 29 people; 2 received compensation from the organization, the highest $249,359 (Catherine Lou, CFO & Interim CEO (effective 10/24)).
How much revenue does AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,798,869, expenses of $4,892,954 and total assets of $25,569,710 at year end.

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