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Massachusetts · Nonprofit

BOSTON SYMPHONY ORCHESTRA INC

BOSTON SYMPHONY ORCHESTRA INC (Massachusetts) receives grants from 406 organizations whose IRS filings report $104,042,249 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($19,671,120). 279 of them have funded it in more than one year.

Revenue FY2024
$117M
Funders on record
406
Grants received
$104M
Net assets
$618M
279/406 repeat funderspeak grant-dependency 18%
01What it does

What Boston Symphony Orchestra Inc does

Mission

The mission of the Boston Symphony Orchestra (BSO) is to foster and maintain an organization dedicated to making music consonant with the highest aspirations of the musical art, creating performances and providing educational and training programs at the highest level of excellence.

As stated on its FY2024 Form 990.

Programs

  1. Orchestral Music Programs: Internationally recognized as one of the finest orchestras, its scope of activities makes it one of the world's busiest orchestral organizations. Within the U.S., it is the fourth-largest performing arts institution. Between September 5, 2024, and May 3, 2025, the Boston Symphony Orchestra reached over 140,000 attendees accross more than 80 concerts in Symphony Hall, which included BSO commissions, overlooked works from the past, and core works of the classical canon. The orchestra was joined by remarkable soloists who included Yo-Yo Ma, Yefim Bronfman, Yuja Wang, Lang Lang, Dashon Burton, Renese King, Seong-Jin Cho, and Ravi Coltrane. Works by Carlos Simon, Gabriela Ortiz, Aleksandra Vrebalov, Adolphus Hailstork, Hannah Kendall, Sarah Kirkland Snider, and Chen Yi brought vital, new voices to Boston. Of note, over three weeks in January, the BSO performed all of the Beethoven symphonies. Other highlights included towering performances of Mahler's Symphony No. 8 Symphony of a Thousand, a rare performance of Korngold's opera Die Tote Stadt, Mozart's Requiem, a revisiting of Shostakovich's major concertos and symphonies, and a tribute to John Coltrane with…

    $84,109,344 spent$50,556,863 earned by the program
    80% of program spending
  2. Education and community programs are integral to the BSO's mission. In Boston:Over 3,700 high school students attended one of the BSO's High School Open Rehearsals, where students from grades 9 - 12 got a singular look at professional music-making as they observed the orchestra, conductor, and guest artists prepare for the evening's performance. Conductor-cams allow students to study the subtle communications that occur between the conductor and musicians, providing additional insight into the art-making process. Classes traveled to Symphony Hall from across Boston, the metropolitan area, western MA, CT, and NH. For three days in March, Symphony Hall was filled with approximately 7,000 2nd - 8th grade students from 59 schools. Many were studying music and 20% were either English Language or Special Education classes. Classes that came early or could stay after, met a musician and learned about their instrument and their life as a professional. The Youth Concerts offered a musical illustration of the various tools that composers use to create a symphony. Conductor Thomas Wilkins used musical selections by Stravinsky, Shostakovich, Margaret Bonds, Carlos Simon, and Grieg to explore…

    $4,438,443 spent$488,120 earned by the program
    4% of program spending
  3. The BSO's two main properties, Symphony Hall and Tanglewood, have long and significant histories and attract visitors from near and far. Symphony Hall's acoustic qualities have earned it a place among the top concert auditoriums in the world, a fact underscored by the Hall's 1999 designation as a National Historic Landmark. Symphony Hall resonates with more than a century of performances by key artists. It is also a key performance venue for a number of other ensembles and presenters, including the Handel and Haydn Society, the Celebrity Series of Boston, Boston Speakers Series, and the Boston Youth Symphony Orchestra. The Hall seats approximately 2,600. Located in the Berkshire hills of Lenox, Massachusetts and established in 1936 by the BSO's Music Director Serge Koussevitzky, Tanglewood is a world-renowned summer music festival. Its performance venues-Koussevitzky Music Shed, Seiji Ozawa Concert Hall, and Linde Center-and 80+ ancillary buildings are located on 425 pastoral acres. Built in 1938, the Koussevitzky Music Shed is an opened-sided hall with over 5,000 seats; just under 13,000 can be accommodated on the surrounding lawn. Opened in 1994, Seiji Ozawa Hall is a brick and…

    $16,111,055 spent$3,191,541 earned by the program
    15% of program spending
  4. The BSO's music is shared with several hundred thousand through recordings, television, radio and online broadcasts. Every Saturday evening, Classical Radio Boston (a subsidiary of GBH public broadcasting) broadcasts a BSO concert. These concerts are available to stream via the GBH website for a month after they are aired. During Tanglewood, CRB-Classical and WAMC Northeast Public Radio broadcast BSO Friday and Saturday evening performances, and Sunday afternoon concerts reaching audiences across seven mid-Atlantic and New England states. Additionally, the BSO released numerous CDs this year including a 19-CD box set of its award-winning Shostakovich cycle under Music Director Andris Nelsons, as well as Ravel: The Piano Concertos with pianist Seong-Jin Cho, Shostakovich: The Cello Concertos with Yo-Yo Ma, Shostakovich: The Piano Concertos with Yuja Wang, and Messiaen's Turangalila Symphony with Yuja Wang.

    $0 spent$204,833 earned by the program
    0% of program spending
  5. The BSO operated its Symphony Hall retail operations during concert days and its Tanglewood retail shops in summer 2025.

    $12,037 spent$15,583 earned by the program
    0% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $104,670,879.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($85M) Expenses 100 ($104M) Net assets 100 ($507M)2018 Revenue 130 ($111M) Expenses 102 ($106M) Net assets 106 ($539M)2019 Revenue 113 ($96M) Expenses 106 ($110M) Net assets 98 ($496M)2020 Revenue 109 ($93M) Expenses 80 ($83M) Net assets 106 ($535M)2021 Revenue 106 ($90M) Expenses 62 ($64M) Net assets 131 ($662M)2022 Revenue 136 ($116M) Expenses 95 ($99M) Net assets 115 ($582M)2023 Revenue 109 ($93M) Expenses 107 ($111M) Net assets 116 ($587M)2024 Revenue 137 ($117M) Expenses 119 ($124M) Net assets 122 ($618M)
'17'18'19'20'21'22'23'24
Revenue (137)Expenses (119)Net assets (122)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $626M to $745M (+19%).

$591M
$609M
$593M
$626M
$745M
$654M
$653M
$680M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 0% · 2019 0% · 2020 1% · 2021 0% · 2022 9% · 2023 1% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

32% of BOSTON SYMPHONY ORCHESTRA INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (56% for the typical peer).

This organization
Typical peer · 56 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$18M
’17
$5.0M
’18
−$14M
’19
$9.7M
’20
$26M
’21
$17M
’22
−$17M
’23
−$6.6M
’24
5.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Chad Smith

President & Chief Executive Officer

Board chair

Barbara W Hostetter

Chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24
Listed4546505252515555
Joined·+4+12+5+10+6+11+9
No longer listed·38310779
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 110 funders to 183 funders, grant income rose $4.9M → $9.3M.

33 of 406 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 39% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $10M from 17 payers (the payer shares this organization's board, largest Boston Foundation Inc). These are real filings, and they are not money BOSTON SYMPHONY ORCHESTRA INC raised.

From the IRS filings of BOSTON SYMPHONY ORCHESTRA INC’s funders (the co-funder graph). Top 30 of 406 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BOSTON SYMPHONY ORCHESTRA INC has a broad base — no single funder exceeds 19% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

44% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BOSTON SYMPHONY ORCHESTRA INC.

19%
largest funder
46%
top three
~12
effective funders

Largest funder’s share by year: 2017 39% · 2018 64% · 2019 41% · 2020 30% · 2021 34% · 2022 34% · 2023 23% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

52% of BOSTON SYMPHONY ORCHESTRA INC's funders are still giving 3 years after their first grant; 69% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

65% of BOSTON SYMPHONY ORCHESTRA INC's grant income comes from Massachusetts funders.

ME
NH
IL
MI
NY
MA
IA
OH
PA
NJ
CT
RI
CA
CO
VA
MD
DE
AZ
NM
NC
SC
OK
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $40M arriving through sponsors registered in 18 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BOSTON SYMPHONY ORCHESTRA INC is better cushioned than half of the 54 arts & culture nonprofits its size.

Operating margin−6% · bottom quartile
Months of reserve5.0mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 54 arts & culture nonprofits over $100M, FY2024

Government funding BOSTON SYMPHONY ORCHESTRA INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.7M on record — $1.2M federal, $2.5M state.

Federal$1.2M
grants $1.2Mcontracts $0
17
18
19
20
21
22
23
24
Top agencies
  • National Endowment for the Arts$825k
  • Institute of Museum and Library Services$257k
  • National Endowment for the Humanities$131k
State$2.5M
17
18
19
20
21
22
23
24
25
Top programs
  • (PP) STATE AID/POL SUB$2.5M
  • (EE) ADMINISTRATIVE EXPENSES$2k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BOSTON SYMPHONY ORCHESTRA INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 14%Fundraising 6%

Governance

43
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

79%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 4 states

NY
MA
NJ
CA

Part of a family of 4 related entities

  • Boston 4 Celebrations Foundation Inc · exempt
  • 263 HA Limited Partnership · partnership
  • 263 Realty Corporation · corp_trust
  • Trust · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for BOSTON SYMPHONY ORCHESTRA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BOSTON SYMPHONY ORCHESTRA INC?
BOSTON SYMPHONY ORCHESTRA INC (Massachusetts) receives grants from 406 organizations whose IRS filings report $104,042,249 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($19,671,120). 279 of them have funded it in more than one year.
How many funders does BOSTON SYMPHONY ORCHESTRA INC have?
IRS filings report 406 organizations giving $104,042,249 in grants to BOSTON SYMPHONY ORCHESTRA INC, 279 of which have funded it in more than one year.
Who is the largest funder of BOSTON SYMPHONY ORCHESTRA INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $19,671,120 in grants. The full list of funders is on this page.
How can an organization like BOSTON SYMPHONY ORCHESTRA INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 406 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing