About The Philadelphia Orchestra
The Philadelphia Orchestra is one of the world’s preeminent orchestras. It strives to share the transformative power of music with the widest possible audience, and to create joy, connection, and excitement through music in the Philadelphia region, across the country, and around the world. Through innovative programming, robust educational initiatives, and commitment to the community, the ensemble is on a path to create an expansive future for classical music, and to further the place of the arts in an open and democratic society.
The Orchestra transformed itself during the COVID-19 crisis and civil unrest. The Orchestra’s emerging narrative is one of adaptation and inclusion. In a remarkable show of institutional agility, the Orchestra quickly launched the Virtual Philadelphia Orchestra, providing a vast suite of musical and education content through digital formats. In response to the recent civic unrest, the Orchestra led the classical music industry by programming HearTOGETHER: A Healing Conversation in Music and Words. More recently, the Orchestra launched a full Digital Stage season of newly recorded and digitally released concert programs featuring Nézet-Séguin, guest conductors, and visiting soloists.
As the Orchestra plans for its eventual return to the concert hall, it is boldly led by President and CEO Matías Tarnopolsky and Music Director Nézet-Séguin. Their vision for the future of the Orchestra has inspired broad-based philanthropy from all sources. This vision has been equally inspirational to institutional funders, many of whom recognize the Orchestra’s deepening commitment to local communities and issues that matter most to the health and well-being of Greater Philadelphia. Please click here for more about the Orchestra’s history and impact.
FUNDING: The Orchestra’s annual operating budget for FY 21 is approximately $33 million, with $17.5 million expected from all philanthropic sources. The endowment has a current market value of approximately $200 million Looking ahead, the institution has engaged fundraising counsel to conduct a feasibility study for an anticipated major comprehensive capital and endowment campaign.